CM Loan Scheme: Punjab Government’s Asaan Karobar Finance Initiative
In response to Pakistan’s ongoing economic challenges, the Punjab Government has launched the Asaan Karobar Finance Scheme, a bold initiative to stimulate business growth, empower entrepreneurs, and create employment across the province. This first-of-its-kind program provides interest-free loans of up to PKR 30 million, targeting sectors such as agriculture, manufacturing, small and medium enterprises (SMEs), and climate-friendly businesses.
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Objectives of the Asaan Karobar Finance Scheme
The Asaan Karobar Finance Scheme, also referred to as the CM Loan Scheme, has been designed to:
- Promote economic growth and increase provincial GDP
- Support start-ups and scale-ups across Punjab
- Boost exports and encourage import substitution
- Facilitate long-term, sustainable employment
- Modernize business operations using clean technologies
This initiative is a flagship component of Chief Minister Maryam Nawaz Sharif’s economic reform agenda to uplift underdeveloped sectors and provide equitable access to finance.
Also Read: CM Punjab E-Taxi Scheme 2025: Comprehensive Guide on Application Process
Loan Features
Tier-Based Loan Structure
| Tier | Loan Amount (PKR) | Security Type | Loan Tenure | Processing Fee |
|---|---|---|---|---|
| T1 | 1–5 million | Personal Guarantee | Up to 5 yrs | PKR 5,000 |
| T2 | 6–30 million | Secured Loan | Up to 5 yrs | PKR 10,000 |
Additional Details
- Interest Rate: 0% (Fully interest-free)
- Grace Period: Up to 6 months for new businesses; 3 months for existing ones
- Equity Requirement:
- 0% for T1 loans (except commercial vehicles)
- 10% equity for females, transgender, and differently-abled individuals
- 20% equity for general applicants under T2
Also Read: CM Punjab Dhee Rani Program 2025 | Full Overview
Benefits
Key Incentives
- Interest-Free Financing: No interest charged on any loan tier
- Rs. 5 Million Capital Subsidy: Available for businesses investing in solar or production technologies
- Advisory Support: Free non-financial consultancy for small industrial setups
- Long-Term Leasing: Up to 30-year lease options to reduce land acquisition costs
Eligibility Criteria
To qualify for the CM Loan Scheme, applicants must:
- Be aged between 25–55 years
- Possess a valid CNIC and NTN
- Be registered FBR tax filers
- Own or rent a business premises in Punjab
- Have clean credit history
- Run small enterprises (annual sales up to PKR 150M) or medium enterprises (sales up to PKR 800M)
Also Read: CM Punjab Kisan Card Phase 2 – A New Era for Farmers in 2025
Application Process
The application process is completely digitalized and user-friendly:
- Visit the Official Portal
- Create an Account using CNIC, NTN, and other basic details
- Select Loan Tier (T1 or T2) and specify amount, duration, and purpose
- Provide Business Information including name, sector, number of employees, etc.
- Upload Documents and finalize the submission
- Track Your Application Status online via portal or helpline 1786
Phase 2 Expansion
The Punjab Government plans to launch Phase 2 of the scheme in the fiscal year 2025–26. This next phase will increase the program’s scope to PKR 100 billion and aims to support 24,000 SMEs across the province. Total expected loan disbursement is estimated to reach PKR 379 billion.
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Asaan Karobar Card
Another critical component of the CM Loan Scheme is the Asaan Karobar Card, which offers up to PKR 1 million in interest-free credit to small businesses for operational expenses. The scheme targets over 100,000 micro-enterprises, especially those from marginalized communities, ensuring inclusive financial empowerment.
Also Read: CM Punjab 3 Marla Plot Scheme 2025 – Apply Now for Free Residential Land
Conclusion
The CM Loan Scheme under the Asaan Karobar Finance umbrella is a transformational policy initiative tailored to meet Punjab’s evolving economic needs. Through accessible finance, advisory support, and a transparent digital process, the scheme positions Punjab for sustained entrepreneurial growth. Entrepreneurs are encouraged to apply, innovate, and contribute to the province’s economic revival.
Stay updated and take your business to new heights with the Punjab Government’s Asaan Karobar Finance Scheme.
