How to Apply Asaan Karobar Finance Scheme Punjab (2025)
Under the CM Punjab’s Asaan Karobar Finance Scheme, interest-free loans of 1 Million to 30 Million will be provided in easy installments. This initiative will help entrepreneurs establish and modernize their businesses to boost the economy. Below is the step-by-step process to Apply Asaan Karobar Finance Scheme.
Instructions to Apply Asaan Karobar Finance Scheme
You must have scanned copies or clear visible pictures of the following documents ready before you start your application:
Passport Size Picture / Selfies
CNIC – Front Side
CNIC – Back Side
Ensure the following before Apply Asaan Karobar Finance Scheme:
A Mobile Number Registered with your CNIC.
Names, copies of CNIC, and mobile numbers of two references (not blood relatives).
You are an Active Tax Filer.
Provide details of business income and expenses as applicable.
Copy of Rent Agreement/ Transfer Letter/ Registry for Business and Residence Addresses, whatever applicable is available.
Ensure you meet the application criteria.
You must have the Application Fee available.
You must have the Details of Security to be offered for T2 Loans e.g. Property Transfer Letter / Registery / Fard / Government Securities etc.
About the Application Submission:
Please sign up to apply.
You must have a mobile number registered in your name to start the application.
This application will take at least 15 minutes to complete.
You may complete the form in one go or save a draft for submission later on.
Upload as much information as possible (e.g., Financial Statements, Business Feasibility, etc.).
Processing on your application shall begin after submitting the complete form and Depositing the Fee.
Application Submission Fees for Tier 1 is PKR 5,000 (Fees is Non-Refundable)
Application Submission Fees for Tier 2 is PKR 10,000 (Fees is Non-Refundable)
Once submitted, your application registration number will appear on the screen and via SMS.
You will receive SMS updates or check the status on the website.
How to Apply Asaan Karobar Finance Scheme Online (Step-by-Step)
After reading the given instructions, click on the “Acknowledge & Proceed” to continue. Please follow the below steps to proceed further:
Step 01: Profile Information
Please give the details like the Applicant’s Name, Father/Husband Name, CNIC No., Email Address, Date of Birth, Age, Mother’s Maiden Name, and Applicant’s Gender.
If the applicant has any disability (verified by CNIC), he could also select the type of disability he/she has.
Then enter your mobile number that is registered on your name and then select the network and input your number.
Enter your residential address along with Division, District, Tehsil, City, and Province (Punjab will be selected automatically as this scheme is only for Punjab’s residents).
Lastly, enter your permanent address with residence ownership status, NTN Number, Political affiliation, and password.
Then click on the “Register” button given at the end.
Note: Double-check your information before clicking “Register” as it will not be changed again.
Step 02: Login
Log in to your recently registered account by using your CNIC number and password.
Please use the same CNIC number and password that you have entered in your profile information section.
Step 03: Loan Details
After filling out the “Personal Information” form, click on the “Loan Details” section.
Choose the “Date of Establishment of Business” first and choose the Tier (Tier-1 or Tier-2) of the loan. In Tier-1, Loan amounts range from 1,000,000 to 5,000,000. In Tier 2, Loan amounts range from 6,000,000 to 30,000,000.
Then enter your required loan amount and the tenor of the loan.
Then enter your Equity Contribution (For Leased Assets and T2 Loans Only) and Equity Percentage.
Then enter the Security Offered – (For T2 Loans).
Lastly, you have to enter your “Credit History”. To add it click on the “Add Row” button.
Click “Save” and then the “Next” button to progress to the next step.
Step 04: Business Details
In this section, enter your Business Name, Contacts, Email, No. of Employees, and other related information.
You can add “Owners/Partners/Shareholders Details” by clicking on the “Add Row” button
Click the “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.
In the below sub-section, you have to provide related information about your business.
Click the “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 of kin.
You have to provide their names, phone numbers, CNIC details, and their relationship with you.
Click the “Save” and then “Next” button to progress to the next step.
Step 07: Documentation
In this section, you have to upload the documents that are required from you.
These include passport-size photos, CNIC (Front & Back), Copies of CNIC of Partners / Directors, Account Statements, Tax Returns, Copies of the Last 2 Tax Returns of Borrowing Entity and Directors / Partners, Feasibility Report, and other documents described there.
Lastly, click on the “Submit” button to complete and submit the application successfully.
Note: You can check the status of your application’s current section at the top.
