PSIC, Bank of Punjab ink agreement to provide loans to youth

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LAHORE: Punjab Small Industries Corporation and Bank of Punjab have inked an agreement to provide loans worth thirty billion rupees to youth under the Punjab Rozgar Scheme.

Speaking on the occasion, Punjab Chief Minister Usman Buzdar said this is the largest employment scheme in the history of the province and millions of youth will benefit from it.

He said under this scheme, soft loans of one hundred thousand to ten million rupees will be provided to skilled youth.

He said men, women and transgender aged between 20 to 50 years can apply for the loan.

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