Apply Now: CM Punjab Asaan Karobar Finance Loan Scheme

The new loan program launched by CM Punjab Maryam Nawaz is the Asaan Karobar Finance Loan Scheme, which has been launched to help the poor business men who can’t afford their business expenses.The main objective of launching this scheme is to help small and poor entrepreneurs of Punjab improve and expand their businesses. Under this scheme, interest-free loans will be provided to small and poor entrepreneurs of Punjab.The scheme launched by the Chief Minister of Punjab is not only a simple loan scheme but it is also a very useful scheme for those businesses of Punjab who dream of starting their own business but cannot afford it.

It has proven to be very beneficial for these businesses. They can expand their business by taking out a loan and earn a good income.The Loan scheme launched by the Prime Minister of Punjab has proven to be very useful for the unemployed youth of Punjab, businesswomen and entrepreneurs. Under this scheme, many unemployed people of Punjab can start their own businesses.

Asaan Karobar Finance Scheme Loan Details

There are basically two types of this scheme depending on the size of the show business.

Tear Type	Loan Amount	Interest Rate	Security Required	Processing Fee	Loan Duration
Tear 1	Rs. 1M – Rs.5M	0%	Personal Guarantee	Rs.5,000	Up to 5 Years
Tear 2	Rs.6M – Rs10M	0%	Property/Fard/Registry	Rs.10,000	Up to 5 Years

Additional Features

• The loan will be repaid in installments to help the poor and small business men.
• If a person delays in paying the installments,they will be charged a fine of 1 Rs per 1000 Days.
• The complete method of applying for this scheme is online. Anyone can apply for the scheme through the internet easily.
• Under this loan scheme, loans are provided to women, anyone with disabilities and tax filers are also allowed to take loan.
• No license or NOC is required to apply for this loan scheme.

Eligibility Criteria Asaan Karobar Finance Scheme

Applying for this loan scheme is not difficult. It has a simple and comprehensive application process that is open to anyone who meets the eligibility criteria, whether they want a loan to start their own new business or to expand their existing business.That is given below:

• The applicant applying for this loan scheme should be from Punjab only and should be a resident of Punjab.
• The age of the applicant applying for this loan scheme should be between 18 and 57 years.
• The applicant applying for this loan scheme has a valid CNIC and also has a phone number registered on its name.
• Applicants applying for this loan scheme must have a business plan to start their new business or must have an existing business.
• The applicant applying for this loan scheme must be an active tax filer.
• There is no gender restriction for applying for this loan scheme. Indeed, any man or woman can apply for the scheme as long as they fully meet the eligibility criteria.
• Any applicant applying for this loan scheme should not be a defaulter of any government agency or bank.

Documents Required Asaan Karobar Finance Scheme

Applicants applying for this scheme must have the following documents to apply for loan:

• CNIC (Front and Back)
• Passport-size photo / selfie
• Proof of business address (Rent agreement / Registry)
• Proof of residence
• NTN Certificate
• Bank statement
• Two references (not relatives) with CNICs & mobile numbers
• Documents of security (For Tier-2 loans) – Registry, Fard, or Property Papers
• Business financials, feasibility report, tax returns (optional but preferred)

Apply Online Procedure For Asaan Karobar Finance Scheme

Follow the steps below to apply online for the Punjab CM Loan Scheme. Government website:

• akf.punjab.gov.pkOnline Application Process (Step by Step)

Step 1: Sign Up / Register

Go to the portal.

• Full Name
• Father/Husband Name
• CNIC Number
• Date of Birth, Email and Password
• Registered Mobile Number (Must match CNIC)
• Address Details and NTN (if applicable)

Step 2: Login

Use your CNIC and Password to login to your account.

Step 3: Fill in the loan details

• Select the Tier you needed from (T1 or T2)
• Choose the loan amount and time period.
• Mention any security offered (for Tier 2)
• Include your credit history (if any)

Step 4: Enter business details.

• Business name and type
• Contact number and email
• Business location and number of employees
• Include partners/shareholders information (if any)

Step 5: Add financial information

• Mention business income and expenses.
• Include the purpose of the loan (e.g., purchase equipment, stock, renovation)

Step 6: Provide references

• Names, ID cards, and mobile numbers of two references (non-relatives)

Step 7: Upload documents

• Upload required documents (listed in the previous section)
• You can save the draft and finish it later.

Step 8: Pay the application fee

Is the tier fee refundable?

• Tier 1 Rs. 5,000     No.
• Tier 2 Rs. 10,000   No.

Step 9: Submit the application

• Simply Click on Submit.
• You will receive a registration number and SMS confirmation.
• Track your status on the same portal.

Key Features Asaan Karobar Finance Scheme

• Under this scheme, the poor people will not have to pay any interest on the repayment of the loans given to them. These loans are interest-free.
• Under this scheme, a small businessman can repay the loan amount comfortably and easily in the way of  installments.
• No license or NOC is required to apply for this Loan. Any gender can apply for this scheme, meaning men, women, and any kind of disabled person can also apply for a loan.
• The entire procedure for applying for a loan in this scheme is online.

 Aim Asaan Karobar Finance Scheme

• Under this scheme, CM Punjab intends to provide loans to more than 24,000 SMEs in the year 2025-26.
• In phase-II of this scheme, it is being promised to provide loans worth over Rs 100 billion to small SMEs, which will help them to expand and improve their small businesses.
• The total loan amount to be distributed to small SMEs under this scheme is more than 379 billion Rupees.

Conclusion

The scheme provided by CM Punjab is very useful for small businesses. Through this scheme, they can realize their dreams.Through this scheme, they can take their business to the next level. This scheme is not only giving loans to small businesses to grow their businesses, but it has also proven to be a game changer for their businesses. Through this scheme, they are moving towards a better future.By offering interest-free loans, easy registration, no complicated paperwork, and full online access, the government is breaking down old barriers. This initiative promotes:

• Business growth
• Job creation
• Women empowerment
• Digital access to finance
• Youth entrepreneurship
• Inclusive economic development

Whether you are planning to start a new business, expand your existing setup, or simply want to become financially independent, this scheme offers you the opportunity to turn dreams into reality — without any interest or burden.So don’t wait. If you live in Punjab and have a business idea, apply now and take the first step towards your business.