Overview of the Assan Karobar Finance Scheme
The Punjab government has launched the Assan Karobar Finance Scheme to support small and medium enterprises (SMEs). Initiated by Chief Minister Maryam Nawaz Sharif, this scheme aims to provide financial assistance for starting new businesses, expanding existing ones, and adopting modern technologies.
Benefits for Agricultural SMEs
This scheme offers special benefits for farmers and agricultural SMEs, helping them boost productivity and ease financial challenges. The loan options include:
Tier-1 Loans
- Amount: Up to Rs 5 million
- Collateral: Not required
Tier-2 Loans
- Amount: Rs 5 to 30 million
- Collateral: Required
Additionally, the scheme introduces the Assan Karobar Card, which offers interest-free loans up to Rs 1 million.
Objectives of the Assan Karobar Finance Scheme
The main goal of this scheme is to empower entrepreneurs by providing them with the necessary resources to start and expand their businesses. It also focuses on modernizing operations to promote job creation and contribute to Punjab’s economic growth. Special attention is given to agricultural SMEs to enhance productivity and encourage modern farming techniques. By offering interest-free loans, the scheme reduces financial stress, enabling businesses to grow without the burden of high-interest rates.
Punjab Government Loan Scheme 2025: With and Without Interest
The Punjab Government Loan Scheme 2025 provides two types of loans to businesses:
1. Loans for All Types of Businesses
Chief Minister’s Easy Business Finance
- Loan Amount: Rs 1 million to Rs 30 million
- Repayment Period: Up to 5 years
Eligibility:
- Open to all genders, including male, female, transgender, and special persons
- Must be a resident of Punjab
- Age limit: 25 to 55 years
- Must possess a valid CNIC
- Should not be affiliated with any financial institution
- Must be an active tax filer
- Business premises must be owned or rented
2. Loans for Startups and Small Businesses
Chief Minister’s Easy Business Card
- Loan Amount: Up to Rs 1 million (interest-free)
- Repayment Period: Up to 3 years
Eligibility:
- Open to all genders, including male, female, transgender, and special persons
- Must be a resident of Punjab
- Age limit: 21 to 57 years
- Must possess a valid CNIC
- Should not be affiliated with any financial institution
- Must be an active tax filer
How to Apply for Assan Karobar Finance Scheme Punjab 2025
Additional Information
For more details and assistance, contact the helpline at 1786.
