CM Punjab Asan Karobar Scheme | How To Get a Loan from 10 Lakhs to 3 Crore? CM Punjab Loan Scheme 2025
The Punjab government, led by Chief Minister Maryam Nawaz, has launched the Asaan Karobar Finance Scheme 2025. This new program aims to support small businesses and individuals. This program aims to boost the economy, encourage new ideas, and create jobs by offering interest-free loans between PKR 1 million and 30 million. Here is a clear overview of everything you need to know to access this chance, including how to apply and who can apply.
What is the Punjab Asaan Karobar Finance Scheme?
The Asaan Karobar Finance Scheme is a loan program without any interest. It is made for small and medium businesses and individuals in Punjab. The goal is to help businesses grow by giving them money for growth, upgrading equipment, or starting new projects without needing to pay back interest.
important highlights:
- Loan Range: PKR 1 million to 30 million.
- Interest-Free: Repay only the principal amount in flexible installments.
- No Collateral: Simplified approval process without complex documentation.
- Focus Areas: Prioritizes businesses in export zones, tech innovation, and sustainable industries.
Read Also: Punjab Laptop Scheme 2025 – Apply Online
Step-by-Step Guide to Apply Online (2025)
The online application process is streamlined for ease. Here’s how to apply:
1: Visit Official Portals:
- For Loans: akf.punjab.gov.pk
- For Asan Karobar Card (smaller loans): akc.punjab.gov.pk
2: Complete the Application Form:
- Provide CNIC, business details, and contact information.
- Mandatory fields are marked with an asterisk (*).
3: Upload Required Documents:
- CNIC copy.
- Proof of Punjab residency (e.g., utility bill).
- Basic business plan (optional but recommended).
4: Submit & Track Application:
- No NOCs, licenses, or blueprints are required.
- Track status via the portal or helpline 1786.
5: Approval & Disbursement:
- The Bank of Punjab reviews applications within 15 working days.
- Funds are transferred directly to approved applicants.
Who can apply? Requirements to qualify.
- Residency: You must live in Punjab.
- Age: You must be at least 22 years old and have a current CNIC.
- Business Status: Working startups or small and medium-sized enterprises (SMEs); new businesses are welcome.
- Exclusions: People who already have government loans (like this program) cannot apply.
Sectors of Priority:
Businesses that focus on selling.
Projects that focus on using sustainable energy.
Farms and businesses that use agricultural products and new technology.
Benefits Beyond Interest-Free Loans
The program offers complete help along with funding.
1: Financial help for land.
- Industrial areas in Punjab’s economic zones are being offered at discounts of up to 50%.
2: Incentives for Solar Energy:
- Free solar systems, worth PKR 500,000, are offered for businesses in export processing zones.
3: Asaan Karobar Card:
- Extra loans of 500,000 to 1 million PKR are available for small businesses.
4: Enhanced Skills:
- You can attend workshops on market techniques and cash management.
Common Questions: Short Answers to Frequently Asked Questions
Q1: Can workers or people running a business from home apply?
- Yes! The program helps workers in casual jobs, like artists and freelancers.
Q2: How long do I have to pay it back?
- Repayments start after a six-month vacation time and can last up to five years.
Q3: Is there a fee for processing?
- There are no extra charges. A small 1% fee is charged only after acceptance.