The Punjab Government has launched the Asaan Karobar Finance Scheme 2025 to provide interest-free loans ranging from Rs. 1 Lakh to Rs. 50 Lakh to support small businesses and unemployed individuals. This initiative aims to boost entrepreneurship by offering financial assistance with a repayment period of up to 5 years.
If you’re looking to start or expand your business in Punjab, this guide provides complete details on eligibility criteria, loan types, application procedures, and the scheme’s benefits.
📌 Quick Information Table
| Detail | Information |
|---|---|
| Start Date | Online applications are now open |
| Loan Amount | Rs. 1 Lakh – 50 Lakh |
| Repayment Period | Up to 5 years |
| Required Documents | CNIC, proof of residence, business plan, and relevant documents |
| Eligibility Criteria | Age 21-57 years, resident of Punjab, clean credit history, business in Punjab |
| Processing Fee | Rs. 500 – Rs. 5000 (depending on loan amount) |
| Official Website | akf.punjab.gov.pk |
| Last Date to Apply | To be announced (Check punjab.gov.pk for updates) |
💰 Types of Loans Under Asaan Karobar Finance Scheme
The scheme offers two types of loans:
1️⃣ Loan up to Rs. 10 Lakh (Easy Business Card)
✔ Loan Range: Rs. 1 Lakh – Rs. 10 Lakh
✔ Repayment Period: 3 years
✔ Processing Fee: Rs. 500
✔ Collateral: No guarantee required
📌 This loan is ideal for small businesses looking for startup capital or expansion funds.
2️⃣ Loan from Rs. 10 Lakh to Rs. 50 Lakh
✔ Loan Range: Rs. 10 Lakh – Rs. 50 Lakh
✔ Repayment Period: 5 years
✔ Processing Fee: Rs. 5,000
✔ Collateral: Personal Guarantee Required
📌 Best suited for medium-sized businesses or entrepreneurs planning large-scale investments.
📝 Eligibility Criteria
🔹 For Loans Up to Rs. 10 Lakh
✔ Age: 21 – 57 years
✔ Resident of Punjab
✔ Valid CNIC (issued by NADRA)
✔ Business must be in Punjab
✔ Clean credit history
✔ One application per person
✔ Processing Fee: Rs. 500
✔ FBR/PRA registration is required within 6 months of receiving the loan
🔹 For Loans From Rs. 10 Lakh to Rs. 50 Lakh
✔ Age: 25 – 55 years
✔ Must be an active tax filer (FBR Registered)
✔ Clean credit history
✔ Business in Punjab (privately owned or rented premises required)
✔ Processing Fee: Rs. 5,000
✔ FBR registration is required after receiving the loan
📌 Applicants must fulfill these criteria to be eligible for the loan. Incomplete or inaccurate applications will be rejected.
💳 Loan Disbursement & Repayment Process
✔ Step 1: Initially, Rs. 5 Lakh will be issued.
✔ Step 2: The borrower must start their business using this amount.
✔ Step 3: Installment payments must begin after 3 months.
✔ Step 4: The business must be registered with FBR or PRA within 6 months.
✔ Step 5: Once all conditions are met, the remaining loan amount will be released.
📌 Borrowers must follow this repayment schedule to avoid loan cancellation or penalties.
📝 Application Process for Asaan Karobar Finance Scheme
There are two separate processes based on the loan amount you require.
💳 How to Apply for a Loan Up to Rs. 10 Lakh
1️⃣ Visit hed.punjab.gov.pk (Official Loan Portal).
2️⃣ Click on “Apply for Easy Business Card”.
3️⃣ Fill in the registration form with the required details.
4️⃣ Upload CNIC, business plan, and relevant documents.
5️⃣ Pay the Rs. 500 processing fee online.
6️⃣ After verification, your loan will be approved and disbursed.
📌 The approval process takes a few weeks, so ensure all documents are correctly uploaded.
🏦 How to Apply for a Loan Up to Rs. 50 Lakh
1️⃣ Visit hed.punjab.gov.pk and click on “Apply for Asaan Karobar Finance”.
2️⃣ Fill in the registration form with your CNIC, NTN number, and business details.
3️⃣ Upload the required documents for verification.
4️⃣ Pay the Rs. 5,000 processing fee.
5️⃣ Once verified, your loan will be disbursed in installments.
📌 Higher loan amounts require stricter eligibility checks, so ensure your tax and business records are up to date.
🎯 Benefits of Asaan Karobar Finance Scheme
✔ Interest-Free Loans – No extra charges on repayment.
✔ Quick & Easy Application – Online process with minimal paperwork.
✔ Flexible Repayment Plans – Pay in installments over 3-5 years.
✔ Encourages Entrepreneurship – Ideal for new business startups and expansion.
✔ No Collateral for Small Loans – Rs. 10 Lakh loans require no guarantee.
📌 This scheme aims to empower Punjab’s small business community financially.
🔔 Important Updates & Deadlines
📢 Applications for 2025 are NOW OPEN.
📢 The last date to apply will be announced soon on punjab.gov.pk.
📢 Visit the official website for the latest updates.
📌 If you meet the eligibility criteria, apply as soon as possible to secure your interest-free loan.
📢 Conclusion
The Asaan Karobar Finance Scheme 2025 is a game-changing initiative by the Punjab Government to support small businesses and unemployed youth. Whether you want to start a new business or expand an existing one, this interest-free loan can help turn your business dreams into reality.
✅ If you qualify, apply today and take advantage of this incredible financial support!
📢 For more details, visit: akf.punjab.gov.pk