The Government of Punjab has introduced a special financial program called the Asaan Karobar Finance Scheme – 2025 to support business owners and improve the economy. This scheme offers interest-free loans of up to Rs. 30 million to new and existing businesses. It is designed to help young entrepreneurs, support small and medium-sized enterprises (SMEs), and promote job creation. Approved by the CM Punjab Maryam Nawaz Sharif, the scheme also includes benefits like free land and business support. In this article, we will explain everything you need to know about the scheme in simple and easy English.
| Feature | Details |
| Loan Amount | Up to Rs. 30 million |
| Interest Rate | 0% (Interest-Free) |
| Loan Duration | Up to 5 years |
| Application Method | Online digital process |
This scheme is the first of its kind, aiming to help 100,000 businesses. It includes various sectors like agriculture, industry, and services. The government also offers a special card called the Asaan Karobar Card to support smaller loans.
Objectives of the Asaan Karobar Finance Scheme
The main aim of this scheme is to strengthen the business sector in Punjab. It helps both new and existing businesses to grow. The government wants to support entrepreneurs and boost exports through interest-free financing. By supporting agriculture and SMEs, this program also encourages innovation and sustainability. It supports businesses that use modern and environment-friendly technology. The government is focusing on economic progress by promoting startups and giving them the tools they need to succeed in different parts of Punjab.
Eligibility Criteria for the Scheme
To apply for the Asaan Karobar Finance Scheme, applicants must fulfill certain requirements. The scheme is divided into two levels or “tiers” based on the loan amount. In Tier-1, loans up to Rs. 5 million are given without needing collateral, while Tier-2 offers loans between Rs. 6 million and Rs. 30 million with security.
- Age must be between 25 to 55 years
- Must have a valid CNIC and National Tax Number (NTN)
- Should be a resident of Punjab
- Must be a tax filer with the Federal Board of Revenue (FBR)
- Business location should be owned or legally rented
This ensures that only serious and genuine business people get support from the scheme.
Loan Structure and Benefits
The Asaan Karobar Finance Scheme offers two types of loans based on business needs. Each has different requirements and processing fees.
Tier-1 (T1):
- Amount: Rs. 1 million to Rs. 5 million
- No security needed, only personal guarantee
- Processing fee: Rs. 5,000
- Tenure: Up to 5 years
- 0% interest
Tier-2 (T2):
- Amount: Rs. 6 million to Rs. 30 million
- Security required (collateral-based)
- Processing fee: Rs. 10,000
- Tenure: Up to 5 years
- 0% interest
The scheme offers a grace period of 6 months for new businesses and 3 months for existing ones. Monthly repayments are to be made in equal installments.
How to Apply for Asaan Karobar Finance
The application process is simple and fully digital. Applicants must visit the official website and follow these steps:
- Click the “Apply” button and read the instructions
- Fill in personal and business information
- Select loan tier and amount
- Submit all required documents
- Provide references and financial details
After submitting, the system verifies the information. Once approved, the loan is issued. Applicants are advised to double-check all personal data before registration as changes cannot be made later.
Special Features and Upcoming Plans
The Government of Punjab has added more benefits to the scheme:
- Rs. 5 million subsidy for buying solar equipment or using clean energy in businesses
- No handling fee for starting a new business
- Lower equity contribution for females, differently-abled persons, and the transgender community (as low as 10%)
- Long-team lease options (up to 30 years) to avoid buying expensive commercial land
Additionally, a second phase of the scheme is planned with a bigger budget of Rs. 100 billion to support over 24,000 SMEs in the future. The total loan distribution target is Rs. 379 billion.
Also Read: BISP 13500 April 2025 Payment Details – Complete Guide for Beneficiaries
Conclusion
In this article, we are sharing all the details about the Asaan Karobar Finance Scheme – 2025, a helpful plan by the Punjab Government for business owners. With interest-free loans, easy online applications, and special support for small businesses, the scheme can truly help improve Punjab’s economy. Entrepreneurs are encouraged to apply and take advantage of this opportunity to grow their businesses. For further assistance, contact the helpline at 1786 or visit the official website for updates.
FAQs
Is this scheme only for new businesses or can existing businesses apply too?
Both new and existing businesses can apply. The grace period differs for each, but both are eligible under Tier-1 and Tier-2.
What documents are needed to apply?
You need a valid CNIC, NTN, business ownership or rental papers, tax filer status, and other business-related details.
Can females or differently-abled persons apply with special conditions?
Yes, females, transgender, and differently-abled persons have a lower equity contribution requirement (only 10%).
What is the purpose of the Asaan Karobar Card?
The Asaan Karobar Card helps small business owners access loans of up to Rs. 1 million with ease, especially for digital transactions.