Maryam Nawaz Loan Scheme
To assist small enterprises in the province, the Punjabi government launched the Chief Minister Aasan Karobar Financing Scheme and the Maryam Nawaz Loan Scheme. To support the expansion and maintenance of enterprises, the Maryam Nawaz Loan Scheme provides loans between 100,000 and 1 million rupees. With a five-year payback period, the government-provided Karobar Card gives loans up to 30 million rupees.
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The goal is to increase business possibilities and provide young people with jobs. A specific website for online applications will be developed shortly, although the application procedure for these programs has not yet begun. Only individuals who fulfill the requirements will be eligible for the loans; eligibility requirements will be made public.
The Maryam Nawaz Loan Scheme’s goals
Maryam Nawaz Loan Scheme in Pakistan
• Supports small and medium-sized businesses with loans up to 30 million rupees.
• Aims to create job opportunities, especially for youth, by empowering individuals to start or expand businesses.
• Supports entrepreneurship and innovation to boost Punjab’s economy and encourage sustainable development.
• Provides easy access to financial resources for a supportive economic environment.
• Aims to reduce poverty by offering interest-free or low-interest loans.
Maryam Nawaz Loan Scheme Loan Amount
The Karobar Card, which offers interest-free loans to Punjabi small and medium-sized enterprises that are registered, was inaugurated by Chief Minister Maryam Nawaz. The card is given to qualified companies with the goals of empowering company owners, promoting economic expansion, and generating employment. Under certain terms and circumstances, medium-sized enterprises can obtain loans up to 30 million rupees, while qualified small businesses can obtain loans between 100,000 and 1 million rupees.
Eligibility Criteria
Karobar Card Loan Scheme Eligibility Criteria
• Citizenship: Must hold a valid Pakistani Computerized National Identity Card (CNIC).
• Age Range: Must be between 21 and 45 years old.
• Business Concept: Must be innovative and viable.
• Financial History: Maintaining a clean record enhances approval chances.
• Applicants can register for the program to receive a loan to support their families.
Maryam Nawaz Loan Scheme Overview
| Aspect | Details |
|---|---|
| Loan Amounts | Small businesses: ₹100,000 to ₹1 million; Medium businesses: Up to ₹30 million |
| Repayment Period | Up to 5 years |
| Eligibility Criteria | Pakistani CNIC, Age 21–45, Innovative business idea, Clean financial history |
| Documents Required | CNIC, Business plan, Proof of residency, Bank details, Financial statements, Photos |
| Application Process | Online via official website; Submit personal, business, and financial details |
| Program Goals | Support small/medium businesses, Create jobs, Reduce poverty, and boost the economy |
| Key Features | Interest-free/low-interest loans, Karobar Card for financial support |
Documents Needed
The goal of the Karobar Card loan program is to give money to Pakistani households that deserve it. Candidates must be between the ages of 21 and 45, possess a current Computerized National Identity Card (CNIC), have a well-thought-out business plan, and have a spotless credit history in order to be considered. A valid CNIC, a thorough business plan, evidence of residency, bank account information and financial documents, and passport-sized photos are required of candidates.
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In exceptional circumstances, exceptions could be made. A copy of the applicant’s CNIC, a business plan, evidence of residency, bank account information and financial statements, and two current passport-sized photos are required in order for the application to be processed. Non-registration for the Maryam Nawaz Loan Scheme will occur if certain papers are not provided.
How to Register
Maryam Nawaz Loan Scheme 2025 Application Process
• Visit the official website.
• Create an account using an email and mobile number.
• Fill in all required fields, including personal information, business plans, and financial needs.
• Upload clear, accurate, and prescribed documents.
• Submit your application by clicking the ‘Submit’ button.
• The application will be verified by the Pakistani government before obtaining the loan.
Last Remarks
Punjab’s Maryam Nawaz Loan Scheme is a financial assistance program designed to help small and medium-sized enterprises. Through the Karobar Card, it offers financial support to entrepreneurs, allowing them to launch or grow their businesses, generating employment opportunities, and stimulating the economy. By giving worthy people easy access to financial resources, the program also helps to reduce poverty.
It is an essential step towards Punjab’s economic stability because of the transparent and inclusive digital application procedure and explicit qualifying requirements. In order to support their enterprises and advance the local economy, applicants are urged to register online and gather the necessary paperwork.
FAQs: Loan Program for Maryam Nawaz
Q1: For whom is the Maryam Nawaz Loan Scheme available?
The application is open to Pakistani residents between the ages of 21 and 45 who have a valid CNIC, a creative company concept, a spotless financial background, and the necessary paperwork.
Q2: Under this program, how much may I apply for in a loan?
A: Through the Karobar Card, small firms can apply for loans between ₹100,000 and ₹1 million, while medium-sized businesses can get up to ₹30 million.
Q3: How does the loan application procedure work?
A: To apply online, candidates must go to the official website, register, enter their personal and business information, upload the necessary files, and submit their application. Before approving, the government will confirm the information.