Asan Karobar Scheme 2025 – Interest-Free Loans Punjab

The Asan Karobar Scheme is a new program launched by the Punjab Government in 2025 to help people start or grow their businesses. It offers interest-free loans from Rs. 1 million to Rs. 30 million, making it easier for young entrepreneurs and small business owners to follow their dreams. The scheme was approved by CM Punjab Maryam Nawaz Sharif during a cabinet meeting. It aims to support over 100,000 new startups and create more jobs in Punjab. The government also promised free land, guidance, and other support to make this plan successful. The goal is to help the economy grow, increase exports, and support the hardworking people of the province. This is a golden chance for anyone who wants to start a small or medium business in Punjab.

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What is Asan Karobar Scheme?

The Asan Karobar Scheme is a special business loan program started by the Punjab Government to support entrepreneurs, small business owners, and medium enterprises. Under this scheme, the government gives interest-free loans so that people can open new businesses or improve their existing ones. The loans range from Rs. 1 million to Rs. 30 million, which means both small and medium businesses can benefit from it.

This scheme is part of a bigger plan to reduce unemployment, increase exports, and grow the economy of Punjab. It supports many sectors like agriculture, services, logistics, and green energy. The best part is that it doesn’t charge any markup (sood), and it offers easy monthly installments, grace periods, and even special discounts for women, differently-abled individuals, and transgender persons. The Punjab Cabinet approved this plan during the 22nd meeting led by Chief Minister Maryam Nawaz.

Objectives of the Asan Karobar Scheme

The main goal of the Asan Karobar Scheme is to help people in Punjab grow their businesses and earn a better living. This scheme is designed to support economic development, create new job opportunities, and boost exports by providing interest-free loans to startups and existing businesses. The government wants to make sure that small and medium enterprises (SMEs) get the financial help they need without the burden of high interest rates.

Another major objective is to support climate-friendly businesses, especially those using RECP technologies (Resource Efficient and Cleaner Production). The scheme also encourages women, differently-abled individuals, and transgender persons to become business owners by offering them lower equity requirements. Overall, this scheme is not just about money — it’s about empowering people, reducing poverty, and building a stronger business environment in Punjab.

Loan Amount, Tiers, and Key Features

The Asan Karobar Scheme is divided into two parts based on the loan amount and type of security. These are called Tier 1 (T1) and Tier 2 (T2). Each tier has different rules for how much loan you can get, what kind of guarantee you need to give, and what fees apply.

Here is a simple table to understand the two tiers:

Tier	Loan Amount	Security Type	Loan Duration	Interest Rate	Processing Fee
T1	Rs. 1M – Rs. 5M	Personal Guarantee	Up to 5 Years	0%	Rs. 5,000
T2	Rs. 6M – Rs. 30M	Secured (Property etc.)	Up to 5 Years	0%	Rs. 10,000

Grace Period:

• New businesses: up to 6 months
• Existing businesses: up to 3 months

Repayment: The loan must be returned in equal monthly installments. If someone pays late, they will be charged Rs. 1 per Rs. 1,000 per day as a penalty.

Handling Fee:

• New businesses: No fee
• Existing businesses: 3% per year
• Green businesses (RECP): No yearly fee (only in Tier 2)

This structure makes it easy for people from different backgrounds to choose the right loan option based on their business needs.

Eligibility Criteria for Asan Karobar Scheme

To apply for the Asan Karobar Scheme, applicants must meet some basic rules set by the Punjab Government. These rules make sure that the loans go to serious and eligible business owners only. Here’s what you need to qualify:

• You must be between 25 and 55 years old
• You must be a resident of Punjab
• You must have a valid CNIC and NTN
• Your business (or plan) must be located in Punjab
• You must be an active tax filer with FBR
• Your credit history should be clean (no default loans)
• You must either own or legally rent the place of business

Business Type:

• Small Enterprises: Annual sales up to Rs. 150 million
• Medium Enterprises: Sales from Rs. 150 million to Rs. 800 million

Special Relaxations:

• Women, transgender persons, and differently-abled applicants only need to contribute 10% equity instead of the usual 20–25%

These requirements are designed to support startups, existing businesses, and especially those who want to grow responsibly in Punjab.

Equity Contribution and Security Details

In the Asan Karobar Scheme, some applicants need to contribute a small part of the loan as equity, which means they invest a little money from their side. This shows commitment and helps reduce financial risk.

Here’s how equity works in both tiers:

Equity Contribution Rules:

• Tier 1 (T1):
  • 0% equity for most loans
  • 25% equity only if you’re leasing a commercial vehicle
• Tier 2 (T2):
  • 20% equity is required for most loans
  • 10% equity for:
    • Women
    • Transgender applicants
    • Differently-abled persons

Security Requirements:

• T1 (Rs. 1M–5M):
  • Requires a personal guarantee (no property or collateral)
• T2 (Rs. 6M–30M):
  • Requires secured assets such as:
    • Property documents (Registry, Fard, etc.)
    • Government securities
    • Any valid and verified security acceptable to the loan authority

This flexible structure helps both new business owners and existing entrepreneurs to qualify for a loan according to their financial situation.

Step-by-Step Application Process for Asan Karobar Scheme

Applying for the Asan Karobar Scheme is simple and fully online. The process is designed to be user-friendly, even for people applying for the first time. Make sure you have all required documents ready before starting.

📄 Documents Needed:

• Passport-size photo or selfie
• CNIC (Front and Back)
• Registered mobile number (linked to your CNIC)
• NTN and FBR tax filer status
• CNICs and phone numbers of two non-family references
• Rent agreement or property documents for your business and home
• Any financial reports (like tax returns, business statements)
• Security documents (for Tier 2 only)

📝 Online Application Steps:

1. Sign Up on the Official Portal
   Go to the official website and click on “Apply for Asan Karobar Finance”. Register using your CNIC, personal details, mobile number, and password.
2. Login to Your Account
   Use the same CNIC and password to log in and continue your application.
3. Fill in Loan Details
   Choose your loan Tier (T1 or T2), enter business start date, amount required, loan duration, equity contribution (if needed), and security details (T2 only).
4. Enter Business Information
   Add your business name, email, number of employees, and contact details. You can also add partners or shareholders here.
5. Add Financial Details
   Describe your business purpose, income, expenses, and other financial information.
6. Provide References
   Add details of two people (not family) with their names, CNICs, mobile numbers, and relationship.
7. Upload Documents & Submit
   Upload scanned documents and click Submit. You’ll receive a confirmation number via SMS.

Processing Fee:

• Rs. 5,000 for Tier 1
• Rs. 10,000 for Tier 2
  (Non-refundable)

After submission, you can track your status online anytime.

Extra Benefits and Special Features of the Scheme

The Asan Karobar Scheme is not just about interest-free loans. The Punjab Government has added many special benefits to make this program more helpful and supportive for business owners across the province.

Key Benefits:

• Interest-Free Loans up to Rs. 30 Million
  No markup or hidden charges — full amount usable for business.
• Subsidy for Solar Equipment
  Up to Rs. 5 million capital subsidy is offered for solar-powered machinery and green production technologies.
• Free Land for Startups
  CM Punjab Maryam Nawaz Sharif announced that free land may be given for setting up new businesses in industrial zones.
• Business Advisory Support
  The government will provide non-financial services like business planning help, feasibility reports, and startup training.
• Asan Business Card (Asan Karobar Card)
  A new card for small business owners is being launched, allowing loans up to Rs. 1 million with full tracking through digital payments.
• Support for Special Groups
  Women, transgender individuals, and differently-abled persons get reduced equity requirements and priority processing.
• Green Business Focus
  Climate-friendly companies using RECP technologies will enjoy zero handling fees (Tier 2 only).

These features make the scheme more than just a loan — it’s a complete support package to help people start and sustain successful businesses in Punjab.

Government Approval and Future Expansion Plans

The Asan Karobar Scheme was officially approved during the 22nd Provincial Cabinet meeting held in Lahore, led by Chief Minister Maryam Nawaz Sharif. This high-level approval shows the government’s full commitment to supporting small and medium enterprises (SMEs) in Punjab.

In this meeting, the Punjab Cabinet also approved several related initiatives, including:

• Expansion of the Kisan Card program (from 500,000 to 750,000 cards)
• Setting a speed limit for motorcycles to improve road safety
• Launch of a vehicle registration campaign
• Development of a full Electric Vehicle (EV) Policy
• Setup of EV charging stations across Punjab

These decisions show that the Punjab government is working on long-term reforms that support business, agriculture, mobility, and green energy.

Phase 2 of the Scheme:

The government has already planned Phase 2 of the Asan Karobar Scheme in the next financial year (2025–26). In this phase:

• The total loan budget will grow to Rs. 100 billion
• More than 24,000 businesses will be added
• Total expected disbursement: Rs. 379 billion

This means the scheme is not a one-time offer — it’s part of a long-term economic strategy to build a stronger, self-reliant Punjab.

Frequently Asked Questions (FAQs) About Asan Karobar Scheme

Conclusion – Why You Should Apply for the Asan Karobar Scheme

The Asan Karobar Scheme is a golden chance for anyone in Punjab who wants to start a business, expand an existing one, or turn a great idea into reality. With interest-free loans up to Rs. 30 million, no hidden charges, easy repayments, and support from the Punjab Government, it’s one of the most powerful business support programs ever launched in the province.

Whether you’re a young entrepreneur, a female business owner, or someone looking to bring a green business idea to life — this scheme is for you. Backed by Chief Minister Maryam Nawaz Sharif and supported by digital systems, subsidies, and future expansion, the scheme is not only real but also growing fast.

Don’t miss this opportunity to secure business funding in Pakistan without interest or stress. Visit the official website today, prepare your documents, and apply. Your karobar ka safar (business journey) starts here.