CM Punjab Asan Karobar Finance
The CM Punjab Asan Karobar Finance, started by Punjab Chief Minister Maryam Nawaz, offers interest-free loans to help small and medium-sized enterprises in the state. Through fostering export development, job creation, and entrepreneurship, the program seeks to advance economic progress. It makes sure the province’s economy is vibrant and forward-thinking by concentrating on priority industries including manufacturing, technology, agriculture, and services.
Read more: Maryam Nawz introduced the Cm Punjab Asaan Karobar Card. To apply, go to Portal 2025.
Businesses may increase operations, buy new equipment, and train employees thanks to the interest-free loans, which raise living standards and create more jobs. Startups and small enterprises that are having difficulty obtaining money through conventional banking channels may especially benefit from this effort.
Objectives Of CM Punjab Asan Karobar Finance
CM Punjab Asan Karobar Finance Objectives:
• Interest-Free Loans: Provides loans without interest.
• New Businesses: Funds startups for operations.
• Existing Businesses: Supports growth, modernization, and daily expenses.
• Logistics Lease: Provides vehicles and equipment for transport and supply chains.
• Eco-Friendly Businesses: Encourages climate-friendly businesses.
• Job Creation: Promotes business growth and employment opportunities.
• Economic Growth: Strengthens Punjab’s business sector and boosts exports.
CM Punjab Asan Karobar Finance Summary Table
| Feature | Details |
|---|---|
| Loan Amount | Tier 1: 1-5 million PKR, Tier 2: 6-30 million PKR |
| Interest Rate | 0% (Interest-Free Loans) |
| Eligible Businesses | Small ( 150M yearly revenue), Medium (150M-800M yearly revenue) |
| Age Limit | 25-55 years |
| Repayment Period | Up to 5 years |
| Grace Period | Startups: Up to 6 months; Existing Businesses: Up to 3 months |
| Equity Contribution | General: 20%, Leased Vehicles: 25%, Special: 10% (Females, Differently-abled) |
| Processing Fee | Tier 1: 5,000 PKR, Tier 2: 10,000 PKR |
| Special Focus | Startups, eco-friendly businesses, job creation, and economic growth |
| Helpline | Call 1786 or visit official website |
Eligibility Criteria
Eligibility Criteria for Punjab Business Loans
• Small Businesses: Up to 150 million rupees per year.
• Medium Businesses: Between 150 million and 800 million rupees per year.
• Age Limit: 25-55 years old.
• Tax & Credit Requirements: Active taxpayer registered with FBR.
• Location: Both residence and business in Punjab.
• Identity Documents: Valid CNIC and NTN.
• Business Premises: Owner or rent the business premises.
• Aims to support growth, job creation, and economic boost.
Details Of Asan Karobar Finance
Loan Category Overview
• Tier 1 (T1): Loan Amount: 1-5 million rupees, Security: Personal guarantee, Repayment Period: Up to 5 years, Interest Rate: 0%, Processing Fee: 5,000 rupees
• Tier 2 (T2): Loan Amount: 6-30 million rupees, Security: Secured with collateral, Repayment Period: Up to 5 years, Interest Rate: 0%, Processing Fee: 10,000 rupees
• Initiative provides easy financing for businesses without interest.
Loan Repayment & Additional Terms
Grace Period for Business Loans
• Startups/New Businesses: Up to 6 months before repayment starts.
• Existing Businesses: Up to 3 months grace period.
Equity Contribution
• Tier 1 (T1): 0% equity required, except for leased vehicles.
• Leased commercial vehicles: 25% equity contribution.
• All Other Loans: 20% equity contribution.
• Special Concession: 10% equity required for females, transgender individuals, and differently-abled persons.
Repayment Terms
• Monthly Installments: Fixed equal payments.
• Late Payment Charges: 1 per 1,000 rupees per day.
Additional Costs
• No fee for setting up a new business.
• 3% per year for existing businesses.
• Insurance, legal, and registration costs apply.
Helpline
You may reach the official hotline at 1786 if you require any information or support regarding this program.
Final Words
The CM Punjab Asan Karobar Finance program is a financial aid for small and medium-sized businesses in Punjab. It offers interest-free loans, enabling entrepreneurs to expand their businesses, create jobs, and contribute to the province’s economic growth. The program focuses on startups, existing businesses, and eco-friendly enterprises, ensuring financial assistance reaches the most deserving sectors.
Read more: Pre-Registration for the Negahban Program in Punjab via PSER Survey: Get All the Information 2025
It offers flexible repayment terms, grace periods, and simplified eligibility criteria, addressing common challenges faced by SMEs like lack of credit and high startup costs. Those interested should meet eligibility requirements and apply through official channels.
