CM Punjab Asaan Karobar Loan Scheme 2025
The government of Punjab will launch the CM Punjab Asaan Karobar Loan Scheme in 2025. The Punjab government, led by Chief Minister Maryam Nawaz, has launched an exciting and game-changing initiative for small businesses and aspiring entrepreneurs. Companies can apply for interest-free loans up to Rs 30 million through the Asaan Karobar Finance Scheme. Our article will provide all the details about the scheme, how to apply, and its benefits.
Asaan Karobar Finance Loan Scheme 2025
Asaan Karobar Scheme is a revolutionary initiative launched by Punjab Chief Minister Maryam Nawaz to boost the economy by supporting small and medium businesses. The AKC Punjab Loan program offers interest-free loans, business-friendly policies, and even solar systems to help entrepreneurs grow their businesses.
CM Punjab Karobar Card 2025
The Punjab Chief Minister has inaugurated the Asan Karobar Finance and Card scheme, which aims to support businesses and boost the economy. During the launch event, she noted that loans up to Rs. 30 million are now available through the initiative. A financial support scheme will be managed in collaboration with the Punjab Bank.
Asaan Karobar Finance Loan Online Registration
The applicant can submit online application form via www.akfpunjab.gov.pk for Asaan Karobar Finance Loan Scheme.Asaan Karobar Finance Scheme and Asaan Karobar Card offer a golden opportunity to entrepreneurs and small businesses in Punjab to access capital without incurring interest. Whether you want to expand your existing business or start a brand new one, this scheme could be the key to success.
Loan Details
- Tier 1: Rs1 million to Rs5 million with a Rs5,000 processing fee.
- Tier 2: Rs6 million to Rs30 million with a Rs10,000 processing fee.
- Both tiers offer a 0% interest rate and a repayment tenure of up to five years.
CM Punjab Loan Scheme Details
Details | Description |
---|---|
First 50% Limit | Available for use within the first 6 months |
Grace Period | 3 months after card issuance before monthly installments begin |
Repayment After 3 Months | Minimum monthly payment: 5% of the outstanding loan balance (principal only) |
Second 50% Limit | Released upon satisfactory usage, timely repayments, and tax registration (PRA/FBR) |
Repayment Term | Remaining balance repaid over 2 years in equal monthly installments (EMIs) |
Allowed Usage | Business-related activities such as vendor payments, bills, taxes, and cash withdrawal for business purposes |
Restricted Usage | Non-business-related transactions like personal expenses and entertainment are blocked |
Eligibility Criteria for the Asaan Karobar Finance
- Applicants must be of legal age and possess a valid CNIC.
- The scheme is primarily aimed at small business owners or those who wish to start a business.
- You must be a resident of Punjab to apply for this scheme.
- You should not have any existing loans from government programs offering similar financial assistance.
- Preference may be given to businesses located in areas with high potential for growth, especially those in export processing zones.
- There are no requirements such as NOCs or licenses, making the application process fast and simple.
Eligibility Criteria for Asaan Card
- All Small Entrepreneurs (SEs) in Punjab
- Age: 21 to 57 years
- Pakistani National, resident in Punjab
- Valid CNIC and mobile number registered in the applicant’s name
- Existing or prospective business located in Punjab
- Satisfactory credit and psychometric assessment
- Only one application per individual and business
- Clean credit history with no overdue loans
How to Apply Online for the Asaan Karobar Finance Scheme
- visit the official website akf.punjab.gov.pk
- You’ll need to provide some basic personal information such as your CNIC number, contact details, and business information. Fields marked with an asterisk (*) are mandatory.
- One of the key benefits of this program is that you don’t need No Objection Certificates (NOCs) or any other approvals like business licenses or blueprints to apply for the loan.
How to Apply Online for Asaan Card Scheme 2025
- isit the official website akc.punjab.gov.pk
- Applications submitted digitally via PITB portal.
- Non-refundable processing fee: PKR 500
- Digital verification of CNIC, creditworthiness and business premises conducted by authorized agencies.
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