CM Punjab Asan Karobar Finance Program 2025 : Complete Guide On Registration Process
CM Punjab Maryam Nawaz Sharif has launched the Asan Karobar Finance Program and Asan Karobar Card Scheme with a combined allocation of more than Rs 132 billion. While launching this scheme, business can be promoted under this scheme and unemployment can be eliminated. While launching this scheme, the CM Punjab has also highlighted that small business people will also get help in this. They can take loans under this scheme to further develop their business and play an important role in the development of the country. And all the people of the country should develop equally.
What Is the Asan Karobar Finance Program
The Asan Karobar Finance Program 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.
Also Read About more CM Punjab Rashan Card Initiative 2025 : Complete Guide on Eligibility criteria
Key features Of Asan Karobar Finance Program
- 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.
Also Read About More How To Apply For PM Loan Scheme 2025: A Great Opportunity for Youth
Loan Details
The asan karobar finance scheme 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 Asan karobar Finance 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 Finance 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 Asan Karobar finance 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
After Submission
Once your application is submitted, you will receive an SMS with your registration number on your screen.You can track your application through the registration number and also visit their website.This scheme is a great opportunity for the public to get a loan through this scheme.Start a successful business.
Loan Repayment Terms
- First 50% usage : Accessible within the first six months and 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 Program
Conclusion
We have explained above how to apply for the Asan Karobar Finance Program announced by Punjab Chief Minister Maryam Nawaz.How to apply for this scheme? What are the requirements to apply The complete procedure for applying has been explained.Announcement of easy business Scheme to end unemployment in Punjab and ensure equal development for every person from Punjab.This scheme is a great opportunity for small businesses in Punjab to grow their businesses in the best possible way.If you want to apply for this scheme, you can apply by fulfilling the relevant requirements.
