Punjab Rozgar Scheme
The Government of Punjab has finally officially started the online registration of Punjab Rozgar Scheme 2024 and now the waiting hours are over. If you also want to register yourself in the Punjab Employment Scheme and you belong to the province of Punjab and you want to start a new business or expand your existing business. So, in both cases, you can get a loan from Rs 1 lakh to Rs 1 crore on subsidized markup from the government. Both men and women can apply for the loan in the Punjab Employment Scheme. Therefore, if you are also willing to get a loan by completing your registration within this scheme sitting at home, then you will get to see complete details in this regard in this article.
You will also get to see the eligibility criteria set by the Punjab government along with completing the registration within this article. If you are also willing to take a loan through this scheme and want to complete the registration at home, then you have to read this entire article so that you can be informed about the complete procedure.
Also Read: Special Reward Scheme in Punjab for Wheat farmers 2024
Loan Terms For Rozgar Scheme
If we talk about the salient features of our employment scheme, then let me tell you that the loan from this scheme will be available only to those who will start a new business and expand the old business. The loan limit will be from 1 lakh rupees to 1 crore rupees without any guarantee, while the loan amount from 1 lakh rupees to 1 crore rupees will be given safely. So that the borrower representatives do not have to face any kind of difficulties and it will be ensured that the loan amount is given safely.
The term of the loan will be from two to five years, including a grace period of 6 months. The loan type is a term loan, and the borrower-to-capital ratio is fixed at 80:20 for men and 90:10 for women, transgender persons and persons with disabilities. People belonging to all sectors can apply in this scheme and the applications will be submitted online through Punjab Small Industries Corporation.
Eligibility Criteria for Punjab Rozgar Scheme
If you are also interested in getting a loan by completing your registration in this loan scheme started by the Punjab government, then remember that you have to fulfill the following eligibility criteria. If you do not meet these eligibility criteria, you will not be able to complete your registration. Eligibility criteria must be met to complete registration.
- Men, women, and transgender persons between the ages of 20 to 50 years are eligible for the employment scheme.
- Applicants must be Pakistani citizens and Qari residents, which will be verified through an identity card.
- The employment scheme is for those who have degrees from educational institutions or technical institutions, and technical skills.
- Skilled workers and trainees are also eligible to apply.
- The loan will be given in two cases, whether the applicant has a new business or an already established business.
Procedure to Complete Online Registration in Punjab Rozgar Scheme
If you also belong to Punjab and you want to take a loan to start a new business or expand an old business. So for this I am going to provide you here the complete procedure to complete the online registration in the employment scheme so that you can complete your registration by reading the complete procedure. You can easily complete your online registration at home with the help of your mobile or computer by following the procedure given below.
- To complete the online registration, first open the official website of the employment scheme from the link provided https://rozgar.psic.punjab.gov.pk/rozgar/register.
- Click on Applicant Registration to create a new account or register.
- And create your account by entering all the required information.
- After creating an account, log in to your account by clicking on the login option.
- As soon as you log in to your account, you will see a New Application button on the right corner.
- Open the application form by clicking on the New Application button.
- And submit your application by providing all the necessary information within the application form.
Required Documents for Registration
- Photo with full face
- Front side of ID card
- Back side of the ID card
- Latest Educational Degree/Certificate (if applicable)
- Experience Certificate (if applicable)
- Licensing/Registration with Chamber or Trade Organization (if applicable)
Conclusion
The Punjab government has promoted small and medium businesses by launching an employment scheme. So that those people whose businesses were closing due to lack of money, the Punjab government is promoting such people to expand their businesses by giving loans. Small and medium businesses have always been considered the backbone of the country. Under this laudable program launched by the Punjab government, those who want to start a new business or expand their old business can get a loan from this program at subsidized markup. In this article, the complete procedure to complete the operation has been provided to the aspirants of this scheme. Along with this, this article has provided complete information about the eligibility criteria and documents required for registration. So those who want to benefit from the employment scheme should complete their registration process.