In a major move to uplift small businesses and encourage entrepreneurship across Punjab, the Government of Punjab has launched the Asan Karobar Loan Scheme 2025 and the Asan Karobar Finance Scheme. This initiative, approved in January 2025, is spearheaded by Chief Minister Maryam Nawaz Sharif and aims to provide interest-free loans, business support, and digital tools to entrepreneurs, especially youth, women, and small and medium enterprises (SMEs). Let’s break down everything you need to know about this game-changing scheme.
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Let us also tell you about this big news that the registration of Asan Karobar Card has been closed. Apart from this, the registration process of Asan karobar Finance Scheme is also going on. You can apply for a loan of Rs. 51 lakh to Rs. 30 million under Asan karobar Scheme.
What Is the Asan Karobar Finance Scheme?
The Asan Karobar Finance Scheme is the first-of-its-kind, large-scale business finance program introduced by the Punjab government. With loans up to Rs. 30 million (Rs. 3 Crore) being provided without any interest, this scheme is a golden opportunity for:
- Startups
- Small and Medium Enterprises (SMEs)
- Agricultural Businesses
- Climate-friendly projects
- Logistics and commercial setups
This initiative also includes free land allocation, capital subsidies, and long-term leases, aiming to support 100,000 new businesses across Punjab.
Latest Updates in 2025
In the 22nd Provincial Cabinet Meeting held on January 14, 2025, CM Maryam Nawaz announced:
- Phase II of the scheme will be launched in 2025–26
- A massive PKR 100 billion allocated for the next phase
- 24,000 more SMEs to benefit in the second round
- Total planned loan disbursement: PKR 379 billion
This expansion focuses on modern business support, job creation, and export growth, making it the largest economic support program in Punjab’s history. Asan Karobar Loan Scheme 2025 & Asan Karobar Finance Scheme
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Objectives of the Asan Karobar Scheme
The scheme has multiple goals:
- Strengthen Punjab’s economic growth
- Empower local entrepreneurs
- Boost exports and employment
- Support clean and green business technologies (RECP)
- Encourage female, differently-abled, and transgender entrepreneurs
- Make business ownership affordable by offering free land and leases
Loan Types and Amounts – Two Tiers Explained
Tier-1 (T1) – For Smaller Businesses & Startups
- Loan Amount: Rs. 1 million to Rs. 5 million
- Security: Personal Guarantee
- Loan Tenure: Up to 5 years
- Processing Fee: Rs. 5,000
- Equity Contribution: 0% (except for leased vehicles)
Tier-2 (T2) – For Medium-Sized Businesses
- Loan Amount: Rs. 6 million to Rs. 30 million
- Security: Secured loan (collateral required)
- Loan Tenure: Up to 5 years
- Processing Fee: Rs. 10,000
- Equity Contribution:
- 20% for general businesses
- 10% for women, transgender, and differently-abled persons
Additional Incentives & Benefits
- Capital Subsidy: Up to Rs. 5 million for solar energy and clean technology equipment
- Land Lease: Up to 30 years to reduce land ownership costs
- Free Advisory Services: For setting up industrial zones
- Grace Period:
- 6 months for startups
- 3 months for existing businesses
- No handling fee for new businesses or climate-friendly initiatives
What Is the Asan Karobar Card?
The Asan Karobar Card (also called the Asaan Business Card) is a digital loan facility designed to provide interest-free credit up to Rs. 1 million. It works like a business debit card and helps cover:
- Vendor payments
- Utility bills
- Government fees
- Business-related expenses (excluding personal use)
Key Features:
- Loan Limit: Rs. 1 million
- Interest: 0%
- Tenure: 3 years
- Type: Revolving Credit
- Grace Period: 3 months
- Application Fee: Rs. 500 (non-refundable)
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Eligibility Criteria
To apply for either the loan scheme or the business card, applicants must meet the following conditions:
- Be a Pakistani national and resident of Punjab
- Age: 25–55 years (loan scheme), 21–57 years (Karobar Card)
- Valid CNIC and NTN
- Active FBR tax filer
- Clean credit history
- Own or rent a business location in Punjab
- Must register business with PRA/FBR within 6 months of approval
How to Apply Online (Step-by-Step)
For Asan Karobar Loan Scheme
- Go to the official website: akc.punjab.gov.pk
- Click on “Apply for Asaan Karobar Finance”
- Fill in your personal, business, and financial details
- Upload the required documents
- Submit your application and note your tracking number
For Asan Karobar Card
- Visit the same portal: akc.punjab.gov.pk
- Click “Register Now”
- Enter personal details (Name, CNIC, Mobile number, etc.)
- Set a password and submit the form
- Pay the Rs. 500 processing fee
- Once verified, your card will be issued digitally
How to Check Application Status
There are four easy ways to track your application:
- Online Portal: Login and check your dashboard
- SMS: Send
STATUS [Your Application ID]to 8300 - Call Helpline: Dial 1786 or 051-9053333
- Visit NBP Branch: Bring your CNIC and get help in person
Frequently Asked Questions
Q. Is the loan really interest-free?
Yes, both the loan and card are completely interest-free.
Q. Can I apply without a registered business?
Yes, but you must register your business within 6 months of receiving approval.
Q. How long does the approval take?
Depending on verification, it may take 1–2 weeks or longer during high-volume periods.
Q. Can women and disabled individuals get special benefits?
Absolutely. There is a lower equity requirement (10%) and special support services for these applicants.
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Conclusion
The Asan Karobar Loan Scheme 2025 and Asan Karobar Card are powerful steps towards economic empowerment, business growth, and self-employment in Punjab. With easy eligibility, zero interest, and digital accessibility, this scheme is ideal for youth, startups, and growing SMEs.
If you’re ready to take your business dream forward, now is the perfect time to apply. Visit akc.punjab.gov.pk and begin your application today! Asan Karobar Loan Scheme 2025 & Asan Karobar Finance Scheme