Asaan Karobar Finance Scheme (آسان کاروبار فنانس سکیم) – 2025

Due to Pakistan’s struggling economy, the Punjab Government has announced a program to boost business and strengthen the economy. The aim is to provide business opportunities for entrepreneurs and set up new start-ups by providing interest-free loans of up to Rs. 30 Million. The program is named “Asaan Karobar Finance Scheme” and was recently approved by the Government of Punjab.

Apply for Asaan Karobar Finance Scheme

Interest-Free Laon

Laon Amount Up to 30 Million

Up to 5 Years Loan Tenor

Easyily Payable Installments

Easy Digitilized Processing

What is Asaan Karobar Finance Scheme?

Asaan Karobar Finance Scheme is the first-of-its-kind multi-million-rupee scheme launched by the Government of Punjab, Pakistan. The aim is to provide interest-free loans of up to Rs.30 million (Rs. 3 Crore). This financial assistance will be provided to entrepreneurs across various sectors, including agriculture. The main focus is to drive economic development, boost exports, and create jobs.

The Punjab Karobar Finance Scheme was approved in the 22nd Provincial Cabinet Meeting on Tuesday, January 14, 2025. The CM of Punjab Maryam Nawaz Sharif also announced the provision of free land for this Asaan Karobar Scheme. Moreover, a target was set up to establish 100,000 business start-ups in Punjab. She also directed to provide business plans for start-ups across the state.

Note: CM Punjab also approved the “Asaan Business Card” or “Asaan Karobar Card” in the Cabinet Meeting.

Launch-of-Asaan-Karobar-Finance-Scheme-CM-Punjab-Express-News-Urdu-Report-01 — Source: Express New

Launch-of-Asaan-Karobar-Finance-Scheme-CM-Punjab-Express-News-Urdu-Report — Source: Dawn News

Objectives of the Asaan Karobar Finance Scheme

Boosting economic growth and development.
Boosting exports and job opportunities.
Empowering small and medium-size entrepreneurs.
Leasing for commercial logistics.
Startup Funding for new entrepreneurs in establishing new businesses.
Empowering and modernizing existing operations and setups.
Climate-friendly business using Resource Efficient and Cleaner Production (RECP) Technologies.

Note: This scheme or initiative is open to all sectors, including Agriculture and small and medium enterprises (SMEs).

Benefits of Asaan Karobar Finance Scheme

Interest-free loan of up to 30 Million or 3 Crore Pakistani Rupees

Additional Incentives

Rs. 5 million capital subsidy for solar equipment and production technologies.
Non-financial advisory services for the development of new small industrial states.
Long-term leases of up to 30 years to avoid the high costs of land acquisition.

Eligibility Criteria for Asaan Karobar Finance Scheme

The scheme is based and structured into two tiers which are based on the loan amount. In Tier-1, applicants can get an unsecured loan of up to 5 million which requires personal guarantees. While in Tier-2, applicants can get a secure loan ranging from Rs. 5 million to Rs. 30 million. However, the applicants must meet the eligibility criteria for application:

Valid CNIC and NTN
Age must be between 25-55 years.
Small Enterprises with annual sales up to PKR 150M.
Medium Enterprises with annual sales up to PKR 150M – PKR 800M
Must have a clean credit history.
Must be an active FBR tax filer.
Residents and businesses must be in Punjab.
Must have his own or have rented the place of existing business.

Loan Details

There will be two Tiers whose details are given below:

Tier-1 (T1):

Amount (PKR): 1-5 Million PKR
Security: Personal Guarantee
Tenure: Up to 5 Years
End-user-rate: 0%
Processing Fee: 5000 PKR

Tier-2 (T2):

Amount (PKR): 6-30 Million
Security: Secured
Tenure: Up to 5 Years
End-user-rate: 0%
Processing Fee: 10,000 PKR

Note: The grace period is up to 6 months for start-ups / new businesses and up to 3 months for existing businesses.

Equity Contribution

0 % for T1 other than leased commercial vehicles
Leased Vehicles: 25%
Other Loans: 20% in all other cases under T2
10% for females, transgender and differently-abled persons

Additional Costs

Handling fee
NIL for setting up new business
3% p.a for existing businesses
NIL p.a for climate-friendly businesses in (T2 only)
Insurance, legal, and registration charges apply as per actual costs.

Repayment Terms

Equal monthly installments as per terms of the approval
Late Charges: PKR 1 per 1000/day on overdue amounts

Asaan Karobar Finance Scheme Apply Online

Step 01: Click Apply Button

Please click on the “Apply for Assan Karobar Finance” button.
Read the instructions carefully before starting the application procedure.
Click on the “Acknowledge & Proceed” button given at last to start the application and enter the following details and information.

Step 02: Profile Information

Please provide user’s details like Applicant’s Name, Father/Husband Name, CNIC No., Email Address, DOB, Age, and Gender. Also mention any disability (verified by CNIC) if have.
Then enter your mobile number (registered on your own name) and enter your residential address details.
Lastly, enter your NTN Number, Political affiliation and password.
Then click on “Register” button given at the last and Login to complete the application.

Note: Please double-check your personal information as it will not be changed after registration.

Step 03: Loan Details

After login you have to provide loan details.
Here you have to select the “Date of Establishment of Business” and Tier (Tier-1 or Tier-2) of loan.
Then enter other required information e.g., required loan amount and the tenor of loan along with other information.
Lastly, enter your “Credit History” and Click “Save” and “Next” buttons.

Step 04: Business Details

In this section, enter your Business’ Name, Contacts, Email, No. of Employees and other related information.
Click “Save” and then “Next” button to progress to the next step.

Step 05: Financial Details

In this section, you have to provide information about the purpose of your business, Nature and Status of Business with other related Details.
Click “Save” and then “Next” button to progress to the next step.

Step 06: References

In this section, you have to provide details of references other than blood relatives/next to kin.
Click “Save” and “Next” button to progress to the next step.

Step 07: Documentation

In this section, you have to upload your documents that are required from you.
Lastly, click on the “Submit” button to complete and submit the application successfully.

More About Asaan Karobar Finance Scheme

The Government of Punjab is also planning to launch Phase II of the Asaan Karobar Finance Scheme in the fiscal year 2025-26 with an extended scope of Rs100 billion. This phase is aimed at to accommodate 24,000 small and medium enterprises (SMEs). The total loan disbursement is set up to Rs. 379 billion.

Helpline Number

Helpline Number : 1786

Asaan Karobar Card (Asaan Business Card)

Additionally, the Government of Punjab approved the launch of the Asaan Business Card or Asaan Karobar Card. The aim is to facilitate small entrepreneurs across the state by providing interest-free loans of up to Rs.1 million for three years. Moreover, to ensure effective use, the funds will be allocated for business-related activities through digital platforms. The target is set up to benefit over 100,000 small businesses across the province.

CM Punjab Maryam Nawaz

This initiative is taken by the CM of Punjab Maryam Nawaz Sharif. It is part of her reforms package whose aim is to strengthen the economic condition and financial well-being across Punjab. Moreover, it’s a step towards enhancing housing and agriculture standards as well as promoting renewable energy sectors.

Frequently Asked Questions

This finance scheme has been announced and confirmed recently by the Government of Punjab. However, the application process is not launched yet. It might take a few days then you can apply it easily. Please visit the website to stay tuned and updated.

The Asaan Karobar Scheme aims to provide a 30 million PKR loan to entrepreneurs across multiple sectors including agriculture. The objective is to establish new businesses and strengthen the existing ones across the province. Moreover, the loan will be completely free from any interest rate.

The following are some major objectives of the Asaan Karobar Scheme:

Strengthen the economic condition of the province.
Providing business opportunities to entrepreneurs.
Providing jobs and boosting exports.
Strengthen the new and existing businesses.

The eligibility criteria have not been announced yet officially. However, here is the expected criteria according to multiple sources:

Applicant’s age must be 25 to 55 years.
A clean credit history.
Must have a business premises.
The repayment period is five years.

Conclusion

Asaan Karobar Finance Scheme is an interest-free loan scheme announced by the Government of Punjab, Pakistan. Its objective is to provide opportunities for entrepreneurs to set up and strengthen businesses across the province. Moreover, empowering and modernizing the existing business is also included in the preferences.

The Government will provide up to 30 million Pakistani Rupees to boost economic growth and establish businesses across the state. Moreover, the eligibility criteria are simple and the requirements are easy to fulfill. However, the official announcement of the application will be announced soon. Please stay updated to get benefits from the scheme and contact us in case of any queries.