Requirements to Apply for Asaan Karobar Finance Scheme (2025)

PM Punjab Maryam Nawaz launched the Asaan Karobar Finance Scheme recently. It aims to help young entrepreneurs to empower and strengthen their businesses. The requirements for applying for this scheme are given below. Please provide the required information and documents for successful application and approval.

Requirements to Apply (Prerequisites)

Following are the prior requirements to apply for the Asaan Karobar Scheme. Please make sure to have the following requirements before starting the application:

  • Passport Size Picture/Selfie
  • CNIC (Front & Back)
  • Mobile Number must registered on Applicant’s CNIC.
  • Names, CNIC copies, and mobile numbers of two references. (They must not be blood relatives)
  • Applicant must be an Active Tax Filer.
  • Details of business income and expenses.
  • Ensure to fulfill the eligibility criteria.
  • Copy of Rent Agreement/ Registry for Business and Residence Addresses/Transfer Letter. (Copy of only which is applicable, not copies of all)
  • Application Fee: 5000 PKR for Tier-1 and 10,000 PKR for Tier-2 (Non-Refundable).
  • Security details to be offered for Tier-2 loans. This could include Property Transfer Letter / Registery / Fard / Government Securities, etc.
Requirements-to-Apply-Prerequisites

Documentation Requirements to Apply (Documents to be Uploaded)

Following are the documents that you can upload at the end of the application:

  • Passport Size Picture / Selfie
  • CNIC – Front Side
  • CNIC – Back Side
  • CNIC Copies of Partners / Directors
  • Partnership Deed, Form H, and Partnership Resolution or Articles / Memorandum of Association
  • Account Statements (1-2 Years) if applicable
  • Tax Return (Recent)
  • Any other Business Related Documents
Documentation-Requirements-01
  • Audited Financials / Projected Financials (If applicable)
  • Copies of the Last 2 Tax Returns of the Borrowing Entity and Directors / Partners
  • Feasibility Report
  • A Copy of Licence to drive Commercial Vehicle (for Logistic Only)
  • Other Business Related Documents
Documentation-Requirements-02

Note: The documents containing the (*) sign are mandatory to upload. Your application will not be submitted without uploading them.

Important Guidelines Regarding Application

  • Make sure to add your correct details before registration.
  • Login and input the required details and documents as described.
  • Please use the mobile number registered on the applicant’s CNIC.
  • The application could be completed in 15 minutes.
  • Double-check or proofread your application before submission.
  • You can complete the application process in one go or save the draft for late submission.
  • Provide as much information as possible to avoid difficulties.
  • Processing of application will begin after submission of application and fee depositing.
  • After submission, your application registration number will be shown on the screen and via SMS.
  • You can check the application status on the website on your portal.
  • You will also receive updates through SMS.

Frequently Asked Questions

To apply for the Asaan Karobar Finance scheme, the mobile number must be registered on the applicant’s CNIC. Any other number is not applicable and could cause difficulties in the future.

No, uploading documents mentioned with (*) signs is compulsory. It is best to provide as much information as possible for a successful application and approval.

Your application will be processed after you complete the form, upload the compulsory documents, and deposit the application fee.

If you are applying for the Tier-1 (T1) loan, the application fee is 5,000 Pakistani rupees. On the other hand, if you are applying for the Tier-2 (T2) loan, the application fee is 10,000 Pakistani rupees.

Conclusion

The prerequisites and compulsory documents to start the application process have been mentioned above. Please make sure to fulfil these requirements to ensure a smooth application process. You can also read the important guidelines regarding the application above. If you need further assistance, please contact us.

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