CM Punjab Maryam Nawaz Asan Karobar Finance Scheme Phase 2
The Punjab government has launched the Asan Karobar Finance Scheme Phase 2 to turn interest-free business loans into an opportunity for small and medium enterprises (SMEs) in Punjab. Popularly known as the Maryam Nawaz Loan Scheme Phase 2, it will further grow as it will provide opportunities to thousands of entrepreneurs in the province by expanding the financial reach. The scheme is specifically designed to stimulate the economy, create employment opportunities, and strengthen the ecosystem in Punjab with new business ideas.
The Asan Karobar Finance Scheme Phase 2 is a government-backed loan program for small and medium enterprises (SMEs) in Punjab. Announcing the scheme, Punjab Chief Minister Maryam Nawaz Sharif said that it will disburse loans worth about Rs. 100 billion, covering about 24,000 SMEs.
What is the Asan Karobar Finance Scheme Phase 2
The CM Punjab Asan Karobar Finance Scheme Phase 2 2025 is the first multi-million rupee scheme of its kind launched by the Government of Punjab, Pakistan. It aims to provide interest-free loans of up to Rs. 30 million (Rs. 3 crore). This financial assistance will be provided to entrepreneurs in various sectors including agriculture. The main focus is to drive economic growth, increase exports and create jobs. Furthermore, a target of establishing 100,000 business startups has been set in Punjab. It has also been directed to provide business plans for startups across the state.
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Key Features Of Asan Karobar Finance Scheme Phase 2
- loans are given without interest.Loans of up to three crores are given without interest.
- Simplified process, no NOC license or building approval is required to apply for this scheme.
- Best opportunity for a small business man.
- This sage’s announcement was made to end unemployment.
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Loan Details
The CM Punjab asan karobar finance Initiative Phase 2 is divided into two parts.
| Tier-1 | Tier-2 |
| Amount (PKR): 1-5 Million PKR | Amount (PKR): 6-30 Million |
| Security: Personal Guarantee | Security: Secured |
| Tenure: Up to 5 Years | Tenure: Up to 5 Years |
| End-user rate: 0% | End-user rate: 0% |
| Processing Fee: 5000 PKR | Processing Fee: 10,000 PKR |
Eligibility Criteria For CM Asan Karobar Finance Scheme Phase 2
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 Application
- 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 Punjab Asan Karobar finance Scheme
- 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
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Loan Repayment Terms
First 50% usage
- Accessible within the first six months.
- At least five percent of the total loan must be paid monthly.
Second 50% usage
- Regular payment for satisfactory usage will be made after registration with FBR.
Grace period:
- No installments will be paid for three months after the asan karobar Card is issued.
FAQ for Asan karobar Finance Scheme Phase 2
Conclusion
The Chief Minister Punjab Asan Karobar finance Scheme Phase 2 2025 is a lifeline for thousands of struggling but determined individuals who want to build something of their own. Its success in the first three months proves that people-oriented policies can have powerful, rapid and lasting impacts. If you have a business dream but lack financial support, now is the time to step forward and be a part of Punjab’s growing entrepreneurial revolution.
