Asaan Karobar Finance Scheme is a new project from Punjab Government. This scheme was made to help business persons in Pakistan. It is a part of the economic support plan. The main goal is to give interest-free loans to start new businesses. People can get loans up to 30 million rupees. This will help entrepreneurs and create more jobs in Punjab. The program is approved by the Chief Minister of Punjab Maryam Nawaz Sharif.
The government will also give free land for new businesses. The full name of the scheme is Asaan Karobar Finance Scheme. It is also called Asaan Business Card or Asaan Karobar Card. This scheme is for young people who want to start a business. It will help them become financially strong and improve the economy of Punjab.
Important Loan Information
| Detail | Information |
|---|---|
| Loan Type | Interest-Free Loan |
| Loan Amount | Up to 30 Million Rupees |
| Loan Tenure | Up to 5 Years |
| Tier 1 Loan | 1 to 5 Million (Personal Guarantee) |
| Tier 2 Loan | 6 to 30 Million (Secured Loan) |
| Processing Fee | 5000 PKR (Tier 1) / 10000 PKR (Tier 2) |
| Repayment | Equal Monthly Installments |
| Grace Period | 6 Months for New Businesses |
| 3 Months for Existing Businesses | |
| End-user Interest Rate | 0% (Interest-Free) |
| Late Payment Penalty | 1 PKR per 1000 per day |
| Capital Subsidy | 5 Million for Solar Tech |
| Helpline Number | 1786 |
Main Goals of Scheme
The aim is to give power to young entrepreneurs. It helps small businesses grow. It also supports agriculture and climate-friendly industries. The scheme will:
- Increase economic growth
- Increase exports
- Reduce unemployment
- Support clean energy
- Help small and medium businesses
- Give money for start-ups
This scheme helps both new and existing businesses. It gives loans without interest. That makes it very helpful for business people in Punjab.
Who Can Apply?
To apply for the loan, you must follow these rules:
- Age between 25 to 55 years
- Must have valid CNIC and NTN
- Must be a resident of Punjab
- Must have a clean credit history
- Must be a tax filer
- Must own or rent a business place
- Business must have sales up to PKR 800 million
Equity Contribution
- Tier 1: No equity required except for leased vehicles
- Leased Vehicles: 25% contribution
- Tier 2: 20% in general cases
- Special groups (females trans differently-abled): 10%
Extra Benefits
- Free non-financial advice for new industries
- Land on long lease up to 30 years
- No handling fee for new business
- No charges for environment-friendly business
- 3% annual charges for old businesses
How to Apply Online?
Step 1: Visit the official website
Click on Apply for Asaan Karobar Finance
Step 2: Create Profile
Enter full name father or husband name CNIC date of birth mobile number address email and NTN
Step 3: Choose Loan Tier
Select Tier 1 or Tier 2. Enter loan amount and loan tenure.
Step 4: Fill Business Info
Add business name number of employees contact details
Step 5: Add Financial Info
Tell purpose of business business type and setup details
Step 6: Add References
Add two references not from family
Step 7: Upload Documents
Upload all required documents and click Submit
Please make sure all information is correct. Once submitted you cannot edit it.
What is Asaan Business Card?
Asaan Business Card or Asaan Karobar Card is also started by the Punjab Government. It helps small businesses get loans up to 1 million rupees for 3 years. The money will be used only for business purposes. Over 100000 small businesses will benefit from this card.
This program is made under the vision of CM Maryam Nawaz. It is a part of the economic reform plan. The aim is to make Punjab financially strong.
Future Plans
The government will launch Phase 2 of this scheme in 2025-2026. It will have Rs. 100 billion budget. Around 24000 SMEs will get help. The total loan given will reach Rs. 379 billion.
کاروبار کارڈ رجسٹریشن کے لیے کلک کریں
FAQs
Q1: What is the max loan amount?
A: You can get up to 30 million rupees.
Q2: Who can apply for the scheme?
A: Residents of Punjab aged 25-55 with valid CNIC and NTN.
Q3: Is the loan interest-free?
A: Yes it is fully interest-free.
Q4: How long can I repay the loan?
A: You can repay in 5 years in monthly installments.