Kamyab Jawan Program Loan Online Apply
The Ehsaas 8171 Kamyab Jawan program loan online application has been introduced by the government of Pakistan. The program was initiated back in the days when the global pandemic Covid-19 hit us. The pandemic left our poor citizens in even more vulnerable circumstances. People lost their jobs; daily wagers were unable to get any work.
To control this situation and to address these issues, the former government joined hands with allies. With a mutual effort, they decided to introduce this program. Under this program, people are given interest-free loans so that they can use them and do business. Not just this, this initiative also provides training to people who want to start their ventures. The idea is to help them sustain themselves even in times of economic downturns.
Online Training Courses Skills Development Kamyab Jawan Initiative
The program was introduced with proper policies and procedures. There have been set limits on the amount of free loans. If a person gets a loan amounting up to 15 lakh rupees, it will be with zero markup. An amount more than this will be charged a certain percentage of markup. This is to make sure that funds are not exploited and wasted. The aim of providing training is also the same.
Those who have the potential and idea of doing something but they lack skills. These people should get proper training so that whatever amount they invest, will prove to be beneficial for them. The training includes courses on financial management, budgeting, forecasting, investment analysis, and reporting. The courses are given in the domain for which the applicant wants to start a business. The following table shows all the details regarding this
| Sr # | Course | Sr # | Course |
|---|---|---|---|
| 1 | Renewable Energy Systems Design | 13 | Energy Efficiency Management |
| 2 | Product Designing by Using Solid-works & ANSYS | 14 | Applied Instrumentation and Control Automation |
| 3 | Mechatronics | 15 | Robotics & Automatic System Operator |
| 4 | Data Analytics | 16 | Social Media, Digital Marketing & SEO |
| 5 | 3D Animation with Realistic Rendering | 17 | Computer Vision |
| 6 | Artificial Intelligence | 18 | Game Development and Modeling |
| 7 | Networking and Cloud Computing Technologies | 19 | Advanced Python Programming and Application |
| 8 | Advanced Web Application Development | 20 | Certificate in IT (CIT) |
| 9 | Cyber Security and Computer | 21 | Networking and Cloud Computing Technologies |
| 10 | Amazon Virtual Assistant | 22 | Hospitality |
| 11 | Fashion and Beauty | 23 | Welding |
| 12 | Construction etc. | 24 | Internet of Things |
8171 Ehsaas Kamyab Jawan Loan Application Reapply 2024
Those of you who applied to the Kamyab Jawan program earlier and got rejected. , they are welcome to do it again with the proper registration process and authentic documents. This is important to note here that this opportunity to reapply has been given because this initiative is back. At first, it was not on that big of a scale. However, now due to inflation and increasing unemployment, the authorities decided to relaunch this program.
This is the third phase of this program. The first two phases went well and during those phases, millions of rupees were given to beneficiaries. Those who couldn’t get interest-free loans can apply now. This program has been relaunched after a whole year after proper planning and allocation of budget. To ensure adherence to rules and policies, authorities also decided not to consider any application of a person whose information is not found in the databases of the national socio-economic survey.
Loan Program Online Registration 2024 Eligibility
Registration for the third stage of Ehsaas Kamyab Jawan is open. Especially those whose applications were rejected last time can apply this time. According to the rules, an amount up to 1 lakh is interest-free. Any amount above that and up to 1 million is subject to a markup rate of 3 percent which is to be paid by the borrower annually. Moreover, any amount more than 1 million and up to 10 million are subject to a mar up of 4 percent per annum.
Lastly, any amount over 10 million and up to 25 million is subject to a markup rate of 5%. The first tier of loan doesn’t demand any security. However, the subsequent stages demand security and without that, you cannot get a loan. Such policies have been implemented to make sure no exploitation is being happening. Such welfare initiatives take a huge chunk of the budget every year. Therefore, each party involved in such programs should play an honest and transparent role and should work as a collective force in bringing peace and social welfare within the society. If such policies are not there, fraudulent activities can happen.
Objectives & Benefits Ehsaas Kamyab Jawan Program Loan Online Apply
The program has been initiated as part of social welfare programs in which our youth are given opportunities whereby, they can start their businesses. Those who are unemployed or lost their jobs due to the pandemic can start their businesses if they have skills, ideas, and potential. Additionally, if they do not have relevant skills then they can get themselves enrolled in the online courses.
The article mentions details about all the courses under the Kamyab Jawan program. The aim is to empower young entrepreneurs with the skills and expertise required for kick-starring their ventures. Not to mention, this is a kind of investment the government makes on people. By granting free and low-interest loans to people, the government is investing in the economic welfare of our country. These startups will bring employment and foreign exchange to the country and will contribute to the development of Pakistan.
Ehsaas Loan Program Terms & Conditions & Interest Rates
| Tier | Loan Amount | Markup | Security |
|---|---|---|---|
| I | Rs. 0.1 M to Rs. 1 M | 3% per annum | Clean loan |
| II | Above Rs. 1 M up to Rs 10 M | 4% per annum | Secured loan |
| III | Above Rs. 10 M up to Rs 25 M | 5% per annum | Secured loan |
FAQs
What is the Kamyab Jawan Program Loan Online Apply?
The Ehsaas Kamyab Jawan program online application registration for the year 2024 is open. New and rejected applicants from last year can reapply for this initiative and get free and low interest rates. They can invest this money in their business ventures and kick-start their entrepreneurial journey.
What is the purpose of applying to this program? How to get aid from it?
This program came into existence when unemployment, hunger, and poverty were at their peak due to the coronavirus and the global pandemic. The former government took this step to provide relief in the form of giving the people opportunities to start their businesses.
How can we apply in the third phase of the Ehsaas Kamyab Jawan program?
You can follow the methods of online registration or go to any registration center in Ehsaas. However, it is to be remembered that you must fall under the eligibility criteria to be able to get selected for this program.
Final Verdict
This article provides details about the topic of the Ehsaas Kamyab Jawan program and how you can get relief from it. If you have the potential to start your own business, then register yourself in this program. Get interest-free loans up to 1 lakh and low markup loans up to 25 million. Invest this money, learn new skills via Ehsaas Kamyab Program online courses, and start your journey.
