Punjab Govt Launches Asaan Karobar Scheme to Empower Small Businesses 2025
Punjab Government Introduces Asaan Karobar Scheme to Empower SMEs
The Punjab Government has launched the Asaan Karobar Scheme, a revolutionary initiative aimed at empowering small and medium-sized enterprises (SMEs) in the province.
Punjab Government Launches Karobar Card Loan Scheme 2025 for Small Businesses
This scheme provides interest-free loans to entrepreneurs, enabling them to establish, expand, and innovate their businesses with ease.
What is the Asaan Karobar Scheme?
The Asaan Karobar Scheme is designed to eliminate financial barriers for SMEs by offering interest-free loans for a variety of business needs.
Whether you’re launching a startup, expanding your current operations, or implementing innovative, climate-friendly solutions, this scheme has you covered.
Loan Tiers:
- Tier 1:
- Loan Range: PKR 1 million – PKR 5 million
- Loan Term: 5 years
- Interest Rate: 0%
- Guarantee: Personal guarantee required
- Processing Fee: PKR 5,000
- Tier 2:
- Loan Range: PKR 6 million – PKR 30 million
- Loan Term: 5 years
- Interest Rate: 0%
- Guarantee: Collateral required
- Processing Fee: PKR 10,000
Both tiers offer favorable terms, making this scheme ideal for both new and established business owners.
Repayment Terms
Loans are repayable in equal monthly installments, as per the approved terms. A daily late surcharge ranging from PKR 1 to PKR 1,000 will apply for delayed payments.
How to Apply for the Asaan Karobar Scheme
The application process for the Asaan Karobar Scheme is simple and transparent. Follow these steps to apply:
- Prepare Required Documents:
- Passport-sized photographs
- Scanned copy of the National ID card
- Mobile number (registered with the ID card)
- Two references (non-blood relatives)
- Proof of tax filer status
- Business income and expenditure details
- Lease agreements or property documents
- Create an Account:
Register on the official portal to begin your application. - Fill Out the Form:
Complete the application form, which takes approximately 15 minutes. - Submit the Form:
Upload the necessary documents and finalize the submission. - Pay the Application Fee:
- PKR 5,000 for Tier 1
- PKR 10,000 for Tier 2
These fees are non-refundable.
After submission, you’ll receive a registration number and updates via SMS. You can also track your application status on the official portal.
Why Apply for the Asaan Karobar Scheme?
This scheme offers a unique opportunity for entrepreneurs to access zero-interest loans with minimal fees and flexible repayment terms. Whether you’re starting a business or scaling up, the Asaan Karobar Scheme helps you achieve your goals while contributing to Punjab’s economic growth.
Key Benefits of the Scheme: Punjab Govt Launches Asaan Karobar Scheme to Empower Small Businesses 2025
- Interest-Free Loans: No burden of high-interest rates.
- Flexible Loan Amounts: Catered to both small and large businesses.
- Minimal Fees: Affordable processing charges.
- Simple Application Process: Hassle-free online system.
For more details about eligibility, loan tiers, and application procedures, visit the official website or contact the relevant authorities.
Don’t miss this chance to grow your business! Apply now for the Asaan Karobar Scheme and take your entrepreneurial journey to the next level.
Punjab Govt Launches Asaan Karobar Scheme to Empower Small Businesses 2025
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