CM Punjab Asaan Karobar Finance Program – 2nd Phase Launched

The Punjab government has taken another big step to improve the economy and increase exports. Punjab Chief Minister Maryam Nawaz has formally launched the second phase of the Asaan Karobar Finance Program. Under this program, interest-free loans will be provided to small and large businesses in every region of Punjab so that more and more people can strengthen their businesses and increase exports.

Also Read: Punjab PSER Survey 2025: Registration and Relief Programs

Interest-free loans of Rs 90 billion

Under this program, the Punjab government has allocated a huge amount of Rs 90 billion. This facility will be available equally to businessmen of Central Punjab, North Punjab and South Punjab.

• Minimum loan for small businesses is Rs 1 million
• Maximum loan for medium and large businesses is Rs 30 million
• Special loan for exports up to Rs 50 million

All these loans will be provided at zero markup, meaning that businessmen will not have to pay interest.

5-Year Easy Installments

To facilitate the business community, the facility of repaying these loans in 5-year easy installments has been provided. This will also benefit those who could not start or expand their business due to lack of capital earlier.

Eligibility Criteria

There are some basic conditions to avail this scheme:

• The applicant should belong to Punjab
• The applicant should have a valid identity card
• The applicant should not be a defaulter of any financial institution
• The applicant should be between 25 and 55 years of age
• The business premises should be owned or rented
• The applicant should be an active tax filer
• Men and women as well as transgenders and special individuals are also eligible to apply
• The minimum age of the business should be 6 months
• The annual sales should be less than Rs 250 million
• The loan should be used for business purposes

Success Of The First Phase

In the first phase, loans worth Rs 31 billion were provided to 4238 business people under this scheme. They ranged from small shopkeepers to medium-sized industrialists. The second phase aims to facilitate even more people.

How to Apply For Asaan Karobar Finance

To join this scheme, entrepreneurs can apply on the Punjab Small Industries Corporation website or from the nearest Bank of Punjab branch. The documents required for application include:

• National Identity Card
• Business registration or license
• Business record of the last six months

For more details, the official website akf.punjab.gov.pk can be visited or helpline 1786 can be contacted.

Objective Of The Program

The main objective of this scheme is to promote business, create employment opportunities and increase exports in Punjab. The government wants the youth and business community to move forward free from financial constraints and strengthen the economy of the province.

Also Read: CM 3 Marla Plot Scheme 2025: Login and Apply through AZAG Portal

Conclusion

This program, launched under the supervision of Punjab Chief Minister Maryam Nawaz, is not only a source of convenience for the business community but it will also give a new direction to the economy of Punjab. Interest-free loans, easy installments, and export facilities are proof that the government is taking serious steps to provide ample facilities to the business community.