The Government of Pakistan has introduced a new interest-free loan program to help young Pakistanis who want to work abroad. This scheme offers loans of up to Rs 1 million (10 lakh) without any interest, making it easier for skilled and semi-skilled youth to cover expenses like training, visa fees, travel, and initial settlement costs overseas.
The program targets Pakistanis aged 18 to 45 years who already have a confirmed overseas job offer or have been recruited through a licensed Overseas Employment Promoter (OEP). The loan is repayable in easy monthly installments over a period of up to five years.
Benazir Income Support Program 2025
Key Benefits of the Loan Scheme
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Loan Amount: Up to Rs 1,000,000
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Interest Rate: 0% (interest-free)
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Age Limit: 18–45 years
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Repayment Period: Up to 5 years
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Co-Applicant: A family member in Pakistan (parent, spouse, or sibling)
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Eligible Use: Skill training, visa fees, travel, and settlement expenses
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Government Guarantee: 25% of the loan is backed by the government to reduce bank risk
How to Apply
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Must be a Pakistani citizen aged 18–45.
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Have a valid job offer abroad or recruitment through an OEP.
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Job offer must be verified by Pakistani Missions abroad or relevant authorities.
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Apply via official PM Youth Program website or through participating banks like NBP and FWBL.
Program Goals and Impact
The aim of this initiative is to reduce unemployment and help youth access better job opportunities abroad. By removing the burden of high-interest loans, the government hopes to:
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Increase skilled migration
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Boost Pakistan’s foreign remittances
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Improve the country’s global workforce reputation
Other Youth Support Under PM’s Scheme
Apart from overseas worker loans, the government is also offering laptop loans of up to Rs 450,000 for students, freelancers, and young entrepreneurs to boost their education and digital skills — also at 0% interest.
Pros of the Scheme
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No Interest Charges – Pay only the original loan amount
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Supports Skilled Migration – Encourages export of Pakistani talent
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Government-Backed Security – Easier loan access
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Boosts Remittances – More foreign income for Pakistan
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Flexible Repayments – Start paying after employment abroad
Final Words
The Rs 1 million Interest-Free Loan for Overseas Employment is a golden opportunity for Pakistani youth. It allows talented individuals to take jobs abroad without falling into debt traps. With the government’s backing, easy repayments, and added training support, this scheme can help thousands secure a better future — while also strengthening Pakistan’s economy