The CM Punjab Asaan Karobar Scheme has emerged as one of the most impactful government initiatives for entrepreneurs in Punjab. Launched under the leadership of Chief Minister Maryam Nawaz Sharif, this interest-free loan program aims to empower small businesses, startups, and self-employed individuals who struggle to access traditional bank financing.
With a strong focus on youth, women, and underserved communities, the scheme is already playing a key role in economic revival across the province in 2026.
What Is the CM Punjab Asaan Karobar Scheme?
The CM Punjab Asaan Karobar Scheme is an interest-free financing program designed to help individuals start new businesses or expand existing ones. The government offers loans through a simple, transparent process, removing the biggest hurdle for SMEs—high interest rates.
The scheme operates under two main loan tiers and also includes a digital Asaan Karobar Card for micro-entrepreneurs.
Loan Categories and Financing Options
Tier-1: Unsecured Business Loans
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Loan amount: Up to PKR 5 million
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No collateral required
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Personal guarantee only
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Best for startups and small businesses
Tier-2: Secured Business Loans
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Loan amount: PKR 6 million to PKR 30 million
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Collateral required
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Suitable for established SMEs and expansion projects
Asaan Karobar Card
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Instant access up to PKR 1 million
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Digital SME card
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Designed for micro and small entrepreneurs
Eligibility Criteria You Must Meet
To apply for the CM Punjab Asaan Karobar Scheme, applicants must:
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Be a resident of Punjab with a valid CNIC
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Be between 25 and 55 years of age
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Have a clean credit history
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Present a viable business idea or expansion plan
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Priority given to women, youth, rural entrepreneurs, and persons with disabilities
Existing businesses must also show proof of registration and operational records.
How to Apply for Asaan Karobar Scheme
The application process is fully streamlined:
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Register on the official Asaan Karobar Scheme portal
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Select the loan tier based on your needs
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Upload required documents (CNIC, business plan, records)
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Pay the processing fee
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PKR 5,000 for Tier-1
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PKR 10,000 for Tier-2
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After approval, funds are transferred directly to your bank account
Loan tenure is up to 5 years, with a grace period of 6 months for new businesses.
Why This Scheme Is a Game Changer
The CM Punjab Asaan Karobar Scheme is helping close the financing gap for SMEs by removing interest and collateral barriers. Thousands of women and young entrepreneurs have already benefited, while new finance centres and export support facilities are set to further expand its impact in 2026.
With a total allocation reaching PKR 379 billion, the scheme signals the government’s long-term commitment to entrepreneurship and job creation.
FAQs – CM Punjab Asaan Karobar Scheme 2026
Q1: What is the maximum loan amount?
Up to PKR 30 million under Tier-2.
Q2: Are loans really interest-free?
Yes, the scheme offers zero-interest financing.
Q3: Can startups apply?
Yes, startups are encouraged, especially under Tier-1.
Q4: Is collateral mandatory?
Only for Tier-2 loans. Tier-1 needs no collateral.
Q5: Are women given priority?
Yes, women entrepreneurs are a key priority group.
