Punjab’s small traders and startups are getting major relief in 2026 with the Asaan Karobar Scheme 2026, a flagship initiative aimed at boosting self-employment and small businesses. Backed by the Punjab government and implemented through the Bank of Punjab, the scheme offers interest-free and subsidized financing through a fully online and transparent process.
Whether you run a shop, provide services, or plan to expand a growing business, this scheme is designed to reduce reliance on expensive private loans and help entrepreneurs grow with confidence.
Purpose of the Asaan Karobar Scheme 2026
The Asaan Karobar Scheme 2026 focuses on:
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Supporting small traders and startups
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Encouraging documented, tax-compliant businesses
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Promoting self-employment and job creation
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Providing easy access to affordable finance
The program targets individuals who are usually ignored by commercial banks despite having workable business ideas.
Financing Options Under Asaan Karobar Scheme 2026
Asaan Karobar Card (Tier-1 – Interest Free)
This option is ideal for small-scale business needs and daily operations.
Key benefits
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Interest-free financing
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Loan range: Rs. 5 lakh to Rs. 10 lakh
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Card-based facility for easy usage
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Simple monthly repayments
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Minimal collateral
Best for
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Shopkeepers
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Service providers
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Home-based businesses
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First-time entrepreneurs
Asaan Karobar Finance (Tier-2 – Subsidized Loan)
This track supports expansion and long-term investments.
Key benefits
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Financing up to Rs. 1 crore
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Government-subsidized markup
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Repayment period of 5 to 7 years
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Suitable for machinery and expansion
Best for
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Manufacturing units
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Workshops and factories
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Growing SMEs
Eligibility Criteria for 2026
To qualify for the Asaan Karobar Scheme, applicants must:
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Be a permanent resident of Punjab
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Be aged between 21 and 55 years
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Be an active FBR tax filer
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Have a clean banking and credit history
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Have an existing business (minimum 6 months)
or a basic business plan for startups
Non-filers are not eligible in 2026.
How to Apply Online for Asaan Karobar Scheme 2026
The entire application process is digital and agent-free.
Step-by-Step Application Process
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Visit akf.punjab.gov.pk
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Register using CNIC and mobile number
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Choose Tier-1 or Tier-2 financing
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Fill in personal and business details
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Upload required documents
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Submit the application
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Receive a tracking ID via SMS
Required Documents for Asaan Karobar Scheme 2026
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CNIC (front and back)
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Passport-size photograph
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NTN or tax filer proof
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Business address proof
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Last 6-month bank statement
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Collateral documents (Tier-2 only)
What Happens After Submission?
Applications are verified by relevant authorities. Shortlisted candidates are contacted by the Bank of Punjab. Approved applicants receive either a Karobar Card or loan disbursement directly into their account.
Why This Scheme Matters in 2026
The Asaan Karobar Scheme 2026 strengthens Punjab’s small business ecosystem by offering fair, affordable, and accessible financing—especially at a time when inflation and interest rates are high.
Frequently Asked Questions (FAQs)
Is the Asaan Karobar Card completely interest-free?
Yes, Tier-1 financing carries zero interest.
Can startups apply under this scheme?
Yes, startups can apply with a simple business plan.
Are non-filers eligible in 2026?
No, only active FBR tax filers can apply.
How long does approval take?
It varies, but complete applications are processed faster.
Is collateral required for all loans?
Only Tier-2 financing may require collateral.
