Asaan Karobar Loan Scheme 2026 | Interest-Free Business Loans & Asaan Karobar Card Punjab

The Asaan Karobar Loan Scheme 2026 is a flagship small and medium enterprise (SME) financing initiative launched by the Government of Punjab to promote entrepreneurship, reduce unemployment, and strengthen Punjab’s local economy. The scheme provides interest-free and low-markup business loans to eligible individuals who want to start a new business or expand an existing one.

Under this program, financial support is offered through Asaan Karobar Finance and the Asaan Karobar Card, making access to capital easier for startups, small traders, freelancers, home-based businesses, and growing SMEs across Punjab.

CM Punjab Apni Gari Scheme

Vision Behind Asaan Karobar 2026

The core vision of Asaan Karobar 2026 is to:

• Encourage self-employment and entrepreneurship
• Support youth and women-led businesses
• Formalize small businesses into the documented economy
• Promote digital payments and financial inclusion
• Reduce dependency on high-interest private loans

The scheme aligns with Punjab’s broader economic reform agenda focused on inclusive growth and sustainable development.

Who Can Benefit from the Asaan Karobar Loan Scheme 2026?

The scheme is designed for a wide range of beneficiaries, including:

• Young entrepreneurs starting their first business
• Existing small shop owners and traders
• Women running home-based or registered businesses
• Freelancers and IT professionals
• Small manufacturers and service providers
• Startups looking for working capital or expansion funds

Applicants must be residents of Punjab and meet the basic eligibility criteria defined by the program.

Two Financing Options Under Asaan Karobar 2026

1) Asaan Karobar Finance (Business Loans)

Asaan Karobar Finance provides structured business loans for startups and SMEs.

Key Features

• Loan Amount: From PKR 1 million up to PKR 30 million
• Markup: Zero or highly subsidized (as per category)
• Loan Tenure: Up to 5 years
• Grace Period: 3 to 6 months
• Repayment: Easy monthly installments

These loans are ideal for business setup, machinery purchase, expansion, inventory, and operational costs.

Eligible Business Sectors

Asaan Karobar 2026 supports a wide range of sectors, including:

• Retail and wholesale trade
• Manufacturing and light industry
• Agriculture and agro-based businesses
• IT services, freelancing, and e-commerce
• Education, training, and coaching centers
• Health, beauty, and wellness services
• Transport and logistics
• Hospitality and food businesses

2) Asaan Karobar Card – Interest-Free Credit up to PKR 10 Lakh

What Is the Asaan Karobar Card?

The Asaan Karobar Card is a digital revolving credit facility introduced to support day-to-day business expenses. It works like a business credit card but with 0% interest for a defined period.

Card Features

• Credit Limit: Up to PKR 1,000,000 (10 lakh)
• Markup: 0% for the first year
• Grace Period: Yes (as per policy)
• Revolving Credit: Reusable upon repayment
• Digital Transactions: Encouraged

Card Usage Includes

• Purchase of raw materials and inventory
• Utility bill payments
• Vendor and supplier payments
• Online business expenses
• Limited cash withdrawal for business needs

Eligibility Criteria for Asaan Karobar 2026

To apply, applicants must fulfill the following conditions:

• Pakistani citizen and resident of Punjab
• Age generally between 21 to 55 years
• Valid CNIC
• Active or proposed business in Punjab
• Clean credit history
• Tax filer status (preferred for higher loans)

Special relaxations may apply to women, youth, and startups depending on category.

How to Apply for Asaan Karobar 2026 Online

Step-by-Step Application Process

1. Visit the official Asaan Karobar Finance portal
2. Register using CNIC and mobile number
3. Log in to the applicant dashboard
4. Select loan type (Finance or Card)
5. Enter personal and business details
6. Upload required documents
7. Submit the application and note tracking ID

Applications are processed transparently through partner financial institutions.

Required Documents

Applicants typically need:

• CNIC (front and back)
• Passport-size photographs
• Business proof or plan
• Proof of residence
• Bank account details
• Tax registration (if available)

Repayment Terms & Grace Period

• Grace Period: 3–6 months before installments start
• Installments: Monthly, affordable amounts
• Tenure: Up to 5 years
• Early Repayment: Allowed without penalty (subject to terms)

Special Support for Women and Youth

Asaan Karobar 2026 places strong emphasis on inclusion:

• Preferential processing for women entrepreneurs
• Youth-focused business support
• Encouragement for home-based and micro-businesses
• Financial literacy and guidance through partner institutions

Important Advisory for Applicants

• Apply only through official portals
• Avoid agents or unofficial intermediaries
• Ensure documents are accurate and complete
• Regularly track application status online
• Prepare a realistic business plan

The Asaan Karobar Loan Scheme 2026 is a powerful opportunity for individuals in Punjab to turn business ideas into reality without the burden of high interest. Whether you are a startup founder, small trader, freelancer, or woman entrepreneur, this scheme offers accessible financing, flexible repayment, and government-backed trust.

✨ Apply responsibly, plan wisely, and grow your business with Asaan Karobar 2026.