Aasan Karobar Loan Scheme
Punjab Chief Minister Maryam Nawaz has launched the Aasan Karobar Loan Scheme, an interest-free financing initiative aimed at supporting small and medium-sized businesses (SMEs) across the province. The scheme is designed to encourage entrepreneurship, generate employment, and strengthen economic growth by making business financing accessible and affordable.
This program is especially helpful for startups, existing businesses looking to expand, working capital needs, commercial logistics, innovation, and climate-friendly business models.
Purpose of the Aasan Karobar Loan Scheme
The main objective of the scheme is to:
- Provide interest-free funding to new entrepreneurs
- Support the expansion and modernization of existing businesses
- Promote job creation, exports, and sustainable economic development in Punjab
Who Can Apply?
The scheme is open to individuals and businesses that meet the following criteria:
- Age limit: 25 to 55 years
- Must be an FBR tax filer with a clean credit history
- Must possess a valid CNIC and NTN
- Applicant must own or rent a registered business premises
Eligible Businesses
- Small enterprises with annual sales up to PKR 150 million
- Medium enterprises with annual sales between PKR 150 million and PKR 800 million
Both startups and existing businesses are eligible, provided they meet the criteria.
Registration for Benazir Taleemi Wazaif Program 2026 has Begun, Which Students will be Eligible?
Loan Categories and Amounts
The Aasan Karobar Loan Scheme offers financing in two tiers:
Tier 1 Loan
- Loan amount: PKR 1 million to PKR 5 million
- Interest rate: 0% (completely interest-free)
- Tenure: Up to 5 years
- Grace period:
- 6 months for startups
- 3 months for existing businesses
- Application fee: PKR 5,000 (non-refundable)
Tier 2 Loan
- Loan amount: PKR 6 million to PKR 30 million
- Interest rate: 0%
- Tenure: Up to 5 years
- Application fee: PKR 10,000 (non-refundable)
How to Apply
The application process is simple and fully transparent:
- Submit your application through the official online portal
- After submission, you will receive a registration number
- Displayed on the screen
- Sent via SMS to your registered mobile number
- Applicants will receive regular SMS updates regarding the status of their application
- Application status can also be tracked directly on the website
Why This Scheme Matters
The Aasan Karobar Loan Scheme is a major step toward empowering entrepreneurs by removing the burden of interest-based loans. By focusing on priority sectors and offering flexible repayment terms, the initiative creates real opportunities for business growth, employment generation, and long-term economic stability in Punjab.
For aspiring entrepreneurs and business owners, this scheme provides a rare chance to grow without financial pressure, making it one of the most impactful business support programs launched in the province.
Final Words
The Aasan Karobar Loan Scheme is a powerful opportunity for entrepreneurs in Punjab who want to start or grow a business without the burden of interest. With flexible loan amounts, a reasonable repayment period, and a transparent application process, this scheme removes one of the biggest barriers faced by small and medium businesses. If you meet the eligibility criteria, applying on time and preparing accurate documents can help you benefit from this initiative and take your business to the next level.
Frequently Asked Questions (FAQs)
1. Is the Aasan Karobar Loan completely interest-free?
Yes, the loan is offered at 0% interest under both tiers.
2. Can a startup apply for this loan?
Yes, startups are eligible and also receive a longer grace period.
3. What is the age limit to apply?
Applicants must be between 25 and 55 years old.
4. Is being an FBR tax filer mandatory?
Yes, only FBR tax filers with a clean credit history can apply.
5. How will I know the status of my application?
You will receive SMS updates and can also track it on the official website.
6. Is the application fee refundable?
No, the application fee for both tiers is non-refundable.