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Ms Leila Khan, Chairperson Prime Minister’s Youth Programme chaired a meeting on Prime Minister’s Youth Business Loan Scheme with a delegation from JS Bank

 Ms Leila Khan, Chairperson Prime Minister’s Youth Programme chaired a meeting on Prime Minister’s Youth Business Loan Scheme here at Prime Minister’s Office with a delegation from JS Bank, led by its President & CEO, Mr.Khalid Imran.

 
 
During the meeting, JS Bank apprised the Chairperson of their its commitment to offer a financing facility under Prime Minister’s Youth Business Loan Scheme,in collaboration with CAREEM, an online cab booking service. Under this arrangement, JS Bank will offer subsidized loans at 6% mark-up rate to potential cab drivers for buying cars to run their cab service business.  The cabs under this scheme will be properly insured, and fitted with tracker facility.  JS Bank, one of the leading SME financing banks with around Rs. 11 Billion SME portfolio, is processing loan applications under this scheme initially through its 15 hub branches in 10 major cities across the country.
 
 
 
Ms Leila Khan, Chairperson Prime Minister’s Youth Programme appreciated the efforts of JS Bank in developing a viable banking product for creating more business and employment opportunities for youth,using the platform of Prime Minister’s Youth Business Loan Scheme.

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