Asaan Karobar Scheme
The Government of Punjab has officially clarified the eligibility criteria and application process for the Asaan Karobar Scheme, a major initiative aimed at promoting entrepreneurship and self-employment across the province.
Under this scheme, more than PKR 84 billion has been allocated to support new and existing businesses. Out of this amount, PKR 36 billion is specifically reserved for interest-free loans, making it one of the most significant business support programs launched in Punjab.
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Loan Amount and Repayment Terms
The Asaan Karobar Scheme offers flexible financing options based on business needs:
- Loan amount: From PKR 1 million to PKR 30 million
- Repayment period: Up to 5 years with easy monthly installments
- Special startup support:
Startups and small businesses can receive interest-free loans of up to PKR 1 million, repayable over 3 years
These loans are designed to reduce financial pressure on entrepreneurs and help them focus on growing their businesses.
| Feature | Details |
|---|
| Total Budget | Over PKR 84 billion |
| Interest-Free Allocation | PKR 36 billion |
| Loan Amount | PKR 1 million – PKR 30 million |
| Startup Loan | Up to PKR 1 million (interest-free) |
| Repayment Period | 3 to 5 years |
| Eligible Age | 25 to 55 years |
| Residency | Punjab residents only |
| Application Method | Online portals |
| Helpline | 1786 |
Who Is Eligible for the Asaan Karobar Scheme?
To apply for a loan under this scheme, applicants must meet the following conditions:
- Age requirement:
Applicants must be 25 to 55 years old - Residency:
Must be a resident of Punjab - Inclusive access:
The scheme is open to men, women, transgender individuals, and persons with disabilities - Active tax filer:
The applicant must be an active tax filer - No loan defaults:
Applicants must not be defaulters of any bank or financial institution
Meeting these requirements is essential for approval.
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How to Apply for the Loan
The application process is fully online and straightforward:
- For business loans:
Visit the official portal:
akf.punjab.gov.pk
Complete the online application form and submit the required details. - For the Asaan Karobar Card:
Apply at:
akc.punjab.gov.pk This card can be used for:- Purchasing raw materials through registered vendors
- Paying government fees and taxes
- Paying utility bills related to business operations
Need Help or More Information?
For guidance and support, applicants can contact the toll-free helpline 1786, where trained representatives provide complete information about eligibility, documentation, and the application process.
Government’s Vision Behind the Scheme
Punjab Chief Minister Maryam Nawaz Sharif stated that the Asaan Karobar Scheme is designed to empower youth by creating self-employment opportunities and enabling them to play an active role in strengthening the economy.
By offering interest-free loans, transparent eligibility criteria, and a digital application system, the scheme aims to make entrepreneurship more accessible and sustainable for the people of Punjab.
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Key Benefits of the Asaan Karobar Scheme
The Asaan Karobar Scheme offers several practical benefits for entrepreneurs and small business owners in Punjab:
- Interest-free financing: Startups and small businesses can access loans without paying any interest, reducing financial burden.
- Wide loan range: Financing is available from PKR 1 million up to PKR 30 million, catering to both small and growing businesses.
- Flexible repayment: Loans can be repaid in easy installments over 3 to 5 years.
- Inclusive opportunity: The scheme supports men, women, transgender individuals, and persons with disabilities equally.
- Digital process: Online applications make the process transparent, fast, and accessible.
- Business expense support: The Asaan Karobar Card allows payments for raw materials, taxes, government fees, and utility bills.
Asaan Karobar Scheme Latest Update (2026)
As of 2026, the Asaan Karobar Scheme continues to be one of Punjab’s flagship programs for promoting entrepreneurship and self-employment. The government has maintained its focus on interest-free loans, digital applications, and youth empowerment.
Applicants are advised to always apply through the official portals and verify their eligibility before submission. For the most accurate and up-to-date information, the 1786 helpline remains the primary official support channel.
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Frequently Asked Questions (FAQs)
1. Who can apply for the Asaan Karobar Scheme?
Any Punjab resident aged 25–55 who is an active tax filer and not a loan defaulter can apply.
2. Is the loan completely interest-free?
Yes, startups and small businesses can receive interest-free loans under this scheme.
3. What is the maximum loan amount?
Eligible applicants can get up to PKR 30 million, depending on business needs.
4. How long do I have to repay the loan?
Loans can be repaid over 3 to 5 years in easy installments.
5. How can I apply for the scheme?
Applications can be submitted online through akf.punjab.gov.pk or akc.punjab.gov.pk.
6. Where can I get official guidance?
You can contact the toll-free helpline 1786 for complete assistance.
Conclusion
The Asaan Karobar Scheme is a powerful step by the Punjab government to encourage self-employment, support startups, and strengthen the local economy. With interest-free loans, inclusive eligibility, and a fully digital application process, the scheme removes many of the traditional barriers faced by new entrepreneurs.
For individuals looking to start or expand a business in Punjab, this initiative offers a reliable and government-backed opportunity to turn ideas into sustainable ventures.