Eligibility for Laptop Loans
Students aged 18 to 30 years who are enrolled in Higher Education Commission (HEC)-approved universities can apply for laptop loans. The program is specifically designed to ensure that students have access to modern learning resources. Laptops are essential for online classes, research work, and other academic activities.
With digital education becoming a priority, the government recognizes the importance of providing financial aid to ensure every student has access to these essential tools.
Key Features of the Laptop Loan
The laptop loan under the PM Youth Loan Program comes with several attractive features:
Feature | Details |
---|---|
Eligible Age | 18 to 30 years |
Institutions | HEC-approved universities |
Loan Purpose | Laptop purchase |
Repayment | Easy installment plan |
This initiative ensures that students can access laptops without facing financial hurdles, making education more effective and inclusive.
Support for Young Professionals Planning to Work Abroad
A significant addition to the scheme is the provision of loans for overseas employment expenses. Young professionals planning to work abroad can now avail up to Rs1 million to cover costs related to:
- Skill development programs
- Visa processing
- Travel expenses
By offering this support, the government aims to create more job opportunities for Pakistani youth in international markets.
Also Read: Punjab Asaan Karobar Loan Scheme 2025 – Eligibility, Application & Latest Updates
Increased Loan Limit for Entrepreneurs
To further empower youth, the government has increased the maximum loan limit from Rs500,000 to Rs1.5 million, making it easier for small business owners and entrepreneurs to invest in their ventures. This increase reflects the government’s commitment to fostering entrepreneurial growth and supporting new businesses.
Conclusion
The PM Youth Loan Program‘s expansion to offer financial aid for laptops and overseas employment marks a significant step toward empowering young Pakistanis. With affordable loan options and increased support for entrepreneurs, the scheme is set to create countless opportunities for students and professionals, ultimately contributing to the country’s development.