The CM Punjab Asaan Karobar Finance Scheme 2025 is a helpful program started by Chief Minister Maryam Nawaz Sharif. It gives interest-free loans to people in Punjab who want to start or grow their businesses. This scheme is open to men and women aged between 22 to 55 years. It supports both small and medium-level businesses. The aim is to reduce unemployment and help more people become self-employed. The scheme has two loan categories based on business size. In this article, you will learn the full process, from applying to repayment, and the benefits offered by the scheme.
| Main Point | Details |
| Loan Type | Interest-Free Business Loan |
| Eligible Age | 22 to 55 Years |
| Location | Only for Residents of Punjab |
| Maximum Loan Amount | Up to Rs. 30 Million |
Key Features of CM Punjab Asaan Karobar Finance Scheme 2025
The CM Punjab Asaan Karobar Finance Scheme has many important features that make it very useful for new and small business owners. The biggest benefit is that no interest is charged on the loan. This means you only return the exact amount you borrow. The loan can be paid back in monthly installments over 5 years, which is very easy for most businesses. There are two loan types: Tier 1 for smaller businesses and Tier 2 for larger ones. Also, there is a grace period, where you do not have to pay anything for the first few months.
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Eligibility Criteria for CM Punjab Asaan Karobar Finance Scheme
To apply for the Asaan Karobar Finance Scheme, some basic rules must be followed. Only people who live in Punjab and run a business in Punjab can apply. The age of the applicant must be between 22 and 55 years. Also, the applicant must be a tax filer and have a valid CNIC and NTN number. The business can be owned or rented but should be properly registered. For Tier 1, the yearly business sale must be below Rs. 150 million. For Tier 2, it can go to Rs. 800 million.
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CM Punjab Asaan Karobar Finance Scheme – Application Procedure Step by Step
The application process for this loan scheme is very simple and can be done online. Here is how you can apply:
- Visit the website: Go to “akf.punjab.gov.pk”
- Create an account: Fill in your CNIC, name, date of birth, and contact info.
- Login: Use your CNIC and password to login.
- Enter details: Add your business name, type, registration info, yearly sales, and number of workers.
- Upload documents: You need CNIC copy, photo, bank statements, and tax returns.
- References: Give two reference names and CNICs.
- Submit: Send your completed form online for review.
The government will check your documents before approving your loan.
Loan Structure, Grace Period, and Benefits for Green Businesses
The scheme has two loan categories with different rules:
Tier 1 Loan:
- Loan Amount: Rs. 1 million to Rs. 5 million
- No equity needed
- Processing Fee: Rs. 5,000
Tier 2 Loan:
- Loan Amount: Rs. 6 million to Rs. 30 million
- 30% equity needed
- Processing Fee: Rs. 10,000
Green or climate-friendly businesses in Tier 2 get special benefits:
- No handling fee
- Relaxed equity rules
Grace Period:
- New businesses: No repayment for 6 months
- Existing businesses: No repayment for 3 months
This grace period helps the business grow before starting repayment.
Repayment Rules and Penalty for Late Installments
Once the grace period ends, the loan must be returned in easy monthly installments over five years. If you miss a payment, you will have to pay a penalty. The penalty is Rs. 1 for every Rs. 1,000 per day of delay. So, it is important to pay on time to avoid extra charges. The government uses NADRA and FBR to check your CNIC, tax records, and credit history. They also verify your business address to make sure you are running a real business. After successful checks, your loan is approved.
Support and Helpline for CM Punjab Asaan Karobar Finance Scheme
If you face any issues during the application process or need help with forms or documents, you can call the official helpline number 1786. You can also visit official website “akf.punjab.gov.pk” for more updates. If you did not complete your application earlier, the government will allow re-registration soon. Make sure all your documents are ready, so you don’t miss the opportunity. Stay updated through the official sources and do not trust any fake agents.
Conclusion
In this article, we are sharing all the details of the CM Punjab Asaan Karobar Finance Scheme 2025. This is a golden chance for the people of Punjab to get interest-free loans to grow their businesses. The scheme supports new and running businesses, offers an easy online application, and gives a grace period before you start paying back. With special help for green businesses and no hidden charges, this scheme is made for honest and hardworking entrepreneurs. If you are eligible, don’t wait—apply today and grow your business with government support.
FAQs
Q1: Can women apply for the Asaan Karobar Finance Scheme?
Yes, both of them can apply if they meet the eligibility criteria.
Q2: Is it possible to apply if the business is not registered yet?
No, your business must be registered and have a valid NTN to apply.
Q3: Will I get the loan directly in my bank account?
Yes, after approval, the loan is transferred to your provided bank account.
Q4: Can I use the loan for buying a business vehicle?
Yes, but you must give 25% of the cost from your own money if it is for leasing.