Asaan Karobar Finance Scheme: Interest-Free Business Loans of Rs 1–30 Million
The CM Punjab Asaan Karobar Finance scheme gives small and medium businesses in Punjab interest-free loans from Rs 1 million to Rs 30 million, repayable over up to five years. Tier 1 (up to Rs 5 million) needs only a personal guarantee.
At a glance
| Tier 1 | Rs 1–5 million · clean loan with personal guarantee · fee Rs 5,000 |
|---|---|
| Tier 2 | Rs 6–30 million · secured · fee Rs 10,000 |
| Markup | 0% for the borrower |
| Tenure | Up to 5 years |
| Grace period | Up to 6 months (start-ups) · up to 3 months (existing businesses) |
| Helpline | 1786 |
Apply for Asaan Karobar Finance
Register on the official Punjab portal using the mobile number registered on your own CNIC.
🔒 Official link – opens the government / bank website. Rozgar for Youth never takes applications or fees.
Loan tiers, fees and equity
| Tier 1 | Tier 2 | |
|---|---|---|
| Amount | Rs 1 – 5 million | Rs 6 – 30 million |
| Security | Personal guarantee (clean loan) | Secured |
| Processing fee | Rs 5,000 | Rs 10,000 |
| Your equity | 0% (except leased commercial vehicles) | 20% (10% for women, transgender and differently-abled persons) |
| Commercial vehicles | Minimum 25% equity | Minimum 25% equity |
Insurance, legal and registration charges are paid at actual cost. Reports of a Phase 2 with larger loans (Rs 30–50 million) have appeared; [confirm Phase 2 limits on the official portal].
Who can apply?
- Small and medium entrepreneurs in Punjab – start-ups (new businesses) and existing businesses.
- Pakistani nationals resident in Punjab with a valid CNIC and a mobile number registered in their own name.
- A clean credit history with no overdue loans.
- Businesses must register with the Punjab Revenue Authority (PRA) or FBR as required by the scheme.
- Age limit: [confirm age range on akf.punjab.gov.pk]
How to apply step by step
- Create an accountOpen akf.punjab.gov.pk and register with your CNIC and the mobile number registered on it.
- Choose your tierPick Tier 1 (up to Rs 5m, no collateral) or Tier 2 (Rs 6–30m, secured).
- Fill in business detailsBusiness type, location, cost of the project and how the loan will be used.
- Pay the processing feeRs 5,000 for Tier 1 or Rs 10,000 for Tier 2, through the method shown on the portal.
- Upload documents and submitThen track your application with the registration number and SMS updates.
Documents you may need
- CNIC and passport-size photograph
- Business plan or proof of the existing business
- Rent agreement or property documents for the business and residence
- References’ CNIC copies and contact details
- Tier 2: collateral documents asked for by the bank
Repayment example
A Tier 1 loan of Rs 3,000,000 over 5 years with a 6-month grace period means 54 monthly instalments of about Rs 55,556 (interest-free). Try your own numbers in the loan calculator.
Frequently asked questions
Asaan Karobar loan kitna milta hai?
Tier 1 mein Rs 10 lakh se 50 lakh (bina collateral), aur Tier 2 mein Rs 60 lakh se 3 crore (collateral ke saath). Markup 0% hai.
Is Asaan Karobar Finance interest-free?
Yes, the markup for the borrower is 0%. You pay a processing fee and actual insurance, legal and registration costs.
What is the grace period?
Up to 6 months for new businesses and up to 3 months for existing businesses.
What is the difference between Asaan Karobar Finance and the Asaan Karobar Card?
The Finance scheme is a term loan of Rs 1–30 million; the Card is a digital revolving limit of up to Rs 1 million for small businesses.
How can I check my Asaan Karobar application status?
Log in on the official portal with your CNIC; you also receive a registration number and SMS updates.
What is the helpline number?
1786.
Official sources
- Punjab Government – CM Punjab Asaan Karobar Finance
- PSIC – Asaan Karobar Finance
- Official portal – akf.punjab.gov.pk
- Express Tribune – how to apply (Jan 2025)
Always confirm details with the official source before applying.
Updates
- 3 Nov 2026: Guide published and checked against official sources.