Asaan Karobar Finance Scheme 2025 – Complete Guide to Apply

The Asaan Karobar Finance Scheme 2025 is the Punjab Government’s flagship support program for small and medium enterprises (SMEs) and aspiring entrepreneurs. Launched under the Chief Minister’s initiatives, the scheme makes it easier for people to start or grow their businesses by providing interest-free loans with flexible repayment plans. By targeting individuals aged 25 to 55 with valid CNICs and registered mobile numbers, the program aims to empower the province’s working class and youth, encourage entrepreneurship, and expand employment opportunities.

This scheme has been designed with simplified eligibility requirements and a transparent online application process. Loans range from PKR 1 million up to PKR 30 million, offered under two separate tiers. The repayment period is up to five years with small, manageable instalments. For many people, this program represents a rare chance to get formal financing without heavy collateral or high interest rates.

Objectives of the Asaan Karobar Finance Scheme

The scheme was introduced to:

• Support micro, small, and medium-sized enterprises (MSMEs) in Punjab.
• Create new jobs by encouraging small business startups.
• Provide easy access to capital for existing businesses to expand, modernize or add equipment.
• Formalize small businesses by bringing them into the tax net as active filers.

By reducing financing barriers, the government hopes to strengthen the local economy and create sustainable income sources.

Loan Amounts and Tiers

The scheme offers two main tiers to suit different business needs:

Tier	Loan Amount	Collateral / Guarantee	Processing Fee	Repayment Period
Tier 1	PKR 1 million – PKR 5 million	Personal guarantee	PKR 5,000 (non-refundable)	Up to 5 years
Tier 2	PKR 6 million – PKR 30 million	Secured collateral	PKR 10,000 (non-refundable)	Up to 5 years

Both tiers come with a grace period of up to six months for new startups and three months for existing businesses before repayment begins.

Also Apply: Asaan Karobar Finance Scheme 2025

Eligibility Criteria

To apply, you must meet the following requirements:

• Age: Between 25 and 55 years.
• Residency: Business must be located in Punjab.
• Identity: Valid CNIC and mobile number registered in your own name.
• Tax Status: Must be an active tax filer with the Federal Board of Revenue (FBR).
• Business Status: Either an existing business or a clear, workable startup plan.
• Premises: Proof of ownership or rent/lease agreement of business premises.
• Credit History: Clean record with no major defaults in the State Bank’s ECIB.

Required Documents

Gather these documents before starting the application:

• Valid CNIC (front and back scanned).
• NTN certificate or proof of being an active filer.
• Two references with CNIC and contact details (not immediate family).
• Proof of business premises (rent agreement, property papers, or lease).
• Existing business documents (bank statements, income/expense records).
• Passport-size photograph and, if required, business photos.

Having complete documents speeds up verification and increases your chances of approval.

How to Apply for Asaan Karobar Finance Scheme 2025

Follow these steps to apply online:

Go to the Official Portal

• Visit the official Punjab Government Asaan Karobar website or the dedicated portal (e.g. akc.punjab.gov.pk).

Create an Account

• Register with your CNIC, your active mobile number, and email. You’ll get an SMS verification code.

Fill Out the Application Form

• Provide your personal information, business details, loan tier (Tier 1 or Tier 2), and the amount required.

Upload Documents

• Upload clear scans of all required documents (CNIC, NTN, business proof, premises proof, references).

Pay the Processing Fee

• Tier 1 applicants pay PKR 5,000; Tier 2 applicants pay PKR 10,000. This fee is non-refundable.

Submit and Track Your Application

• Once submitted, you can track the status via SMS or the portal. Verification teams will check your information.

Approval and Disbursement

• Upon successful verification, the loan is approved and funds are transferred to your account. Repayment begins after the grace period.

Tips for a Successful Application

Make sure your mobile number is registered in your name and linked to your CNIC for SMS updates.

• If you’re not yet a tax filer, register with FBR before applying.
• Provide a clear business plan; vague details can cause delays or rejection.
• Keep your documents scanned and ready to upload in the required file size/format.
• For larger loans (Tier 2), be prepared to show collateral or stronger guarantees.

Conclusion

The Asaan Karobar Finance Scheme 2025 offers a rare opportunity for small and medium business owners and entrepreneurs in Punjab to get interest-free loans with simple requirements. By following the step-by-step process, preparing your documents in advance, and ensuring you meet all eligibility criteria, you can increase your chances of securing funding. This initiative not only helps you start or grow your business but also contributes to job creation and economic growth in the province.