CM Punjab Announced Rs. 70 Billion Allocated for Asan Karobar Program 2025
In a bold and historic move to boost entrepreneurship in Punjab, Chief Minister Maryam Nawaz Sharif has announced a massive allocation of Rs. 70 billion for the Asan Karobar Program 2025. This revolutionary initiative aims to help youth, women, and small-scale entrepreneurs by offering easy and interest-free loans across Punjab. This is not just another government scheme, it is a lifeline for dreamers, a stepping stone for innovation, and a step towards economic independence for thousands of families.
What is The Asan Karobar Program 2025
The Asan Karobar Program is part of the Punjab Chief Minister’s broader Assist of inclusive economic development. The program offers interest-free and easy-to-pay business loans to eligible citizens, especially youth, women, skilled workers, and the unemployed, enabling them to start or expand their businesses. With Rs. 70 billion now allocated for 2025, the program has become one of the largest small business support schemes in Punjab’s history.
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Key Features Of Asan Karobar Program
- Interest-Free Loans : Loans will be completely interest-free, ensuring that beneficiaries only pay back the actual amount borrowed.
- Flexible Loan Amounts : Loan slabs start from Rs. 50,000 to Rs. 1,000,000, depending on the nature of the business and need.
- Easy Monthly Installments : Borrowers can repay the loan through easy monthly installments over a flexible time period of 12 to 36 months.
- Transparent Online Application : To avoid delays and middlemen, the application process will be completely online via the Punjab Government portal.
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Eligibility Criteria For Asan karobar Program
Before diving into the application process, let’s ensure you meet the eligibility criteria:
- Business Size: Small enterprises with annual sales up to PKR 150 million, and medium enterprises with sales between PKR 150 million and PKR 800 million.
- Age: Applicants should be between 25 and 55 years old.
- Tax Compliance: Active tax filers with no credit defaults.
- Location: Both your residence and business must be in Punjab.
- Identification: A valid CNIC and National Tax Number (NTN) are required.
- Business Premises: You should own or rent a place for your business.
If you meet these criteria, you can proceed with the application.
Registration Requirements for Asan karobar Program
- Complete your required documents before registering.
- Passport-size photographs.
- Scanned copy of your CNIC.
- Mobile number registered to your CNIC.
- names,CNIC copies,and mobile numbers of two non relative references
- Proof of active tax filer status.
- Business income and expense record.
- Payment fee ready for processing.
Application Process for CM Asan Karobar Program
- Create an account on an official website and portal https://akf.punjab.gov.pk/login
- Begin by setting up an account on the official platform.
- Ensure you register your mobile number.the mobile number must be associated with your CNIC to be active
- Submit the application once completed and submit your documents.
- Pay application fee.
- Upload additional documents.
- Upload property related documents
Conclusion
The Rs 70 billion Asan Karobar Program 2025 is not just a funding initiative, It empowers the people of Punjab to dream big, take control of their financial future, and develop entire communities. With smart implementation, transparency, and public awareness, this program can set a new benchmark for youth empowerment and entrepreneurship in Pakistan.
