Asaan Karobar Finance Scheme — Punjab
آسان کاروبار فنانس اسکیم — کاروبار کریں، قرضہ بغیر سود کے پائیںThe Asaan Karobar Finance Scheme is a flagship initiative by Chief Minister Punjab, Maryam Nawaz Sharif, designed to empower Small and Medium Enterprises (SMEs) across Punjab. The scheme is jointly executed by the Punjab Small Industries Corporation (PSIC) and the Bank of Punjab (BOP), ensuring both government oversight and professional banking infrastructure.
The scheme addresses one of the biggest barriers faced by small business owners in Pakistan — access to affordable credit. By offering loans at 0% markup (the government pays the interest to BOP on your behalf), the program removes the financial burden that stops thousands of capable entrepreneurs from growing their businesses.
There are two distinct financial products under this scheme: the Asaan Karobar Card — a digital revolving credit facility for day-to-day business needs — and the Asaan Karobar Finance — a structured term loan for business expansion or machinery purchase. Both are entirely paperless and apply through dedicated online portals.
This scheme is specifically designed for Punjab-based SMEs and self-employed individuals who have an existing business or a viable new venture, are registered with FBR, and have a clean credit history. Whether you run a small shop, a manufacturing unit, a service business, or a trade operation — if you need capital to grow and cannot afford high-markup bank loans, this scheme is built for you.
یہ اسکیم ان لوگوں کے لیے ہے جو پنجاب میں رہتے ہیں، FBR میں رجسٹرڈ ٹیکس فائلر ہیں، ان کا اپنا کاروبار ہے یا شروع کرنا چاہتے ہیں، اور بینک میں کوئی قرضہ ڈیفالٹ نہیں ہے۔ دکاندار، مینوفیکچرر، سروس بزنس، تجارتی کاروبار — سب اس سکیم سے فائدہ اٹھا سکتے ہیں۔- Limit: Up to PKR 10 Lakh (1 Million)
- Digital revolving credit card
- Buy inventory, raw material, pay bills
- 0% markup — no interest at all
- No collateral required
- Tenure: up to 3 years + 3 months grace
- Age: 21 to 57 years
- Portal: akc.punjab.gov.pk
- Limit: PKR 1M to 30 Million (2 Tiers)
- Term loan for business expansion
- Buy machinery or grow operations
- 0% markup — Punjab Govt pays it
- Collateral: guarantee or property (Tier 2)
- Tenure: up to 5 years (incl. grace)
- Age: 25 to 55 years
- Portal: akf.punjab.gov.pk
Finance (Term Loan) product has two tiers based on loan amount. Compare both to know which applies to your business need:
| Feature | Tier 1 | Tier 2 |
|---|---|---|
| Loan Limit | PKR 1M to 5 Million | PKR 5M to 30 Million |
| Markup / Interest | 0% (Govt Pays) | 0% (Govt Pays) |
| Repayment Tenure | Up to 5 years (incl. grace) | Up to 5 years (incl. grace) |
| Collateral Required | Personal guarantees only | Property, machinery, or liquid assets |
| Equity Requirement | 0% — No initial investment | 20% (10% for women/disabled) |
| Best For | Small shops, traders, services | Medium manufacturers, exporters |
| Business Type | New or existing SMEs | Existing, verifiable businesses |
Select the product you want to apply for, then answer the questions to instantly check your eligibility.
ماہانہ قسط
کل ادائیگی
گریس مہینے
قسط والے مہینے
Following 6 mandatory conditions must be met as per official PSIC/BOP guidelines. Failing even one condition can result in rejection:
- Original CNIC — valid aur un-expired
- Mobile SIM registered on your CNIC
- Recent passport-size photographs (2)
- Business utility bills — last 6 months
- FBR ATL proof aur NTN certificate
- Rent agreement (agar business rented ho)
- Two guarantors' CNICs aur details
- Basic business plan ya revenue sheet
- Property ownership documents (collateral)
- Machinery valuation certificate
- Audited financial statements (if available)
- Bank account statements — 6 months
- Equity proof — 20% (10% women/disabled)
- Business registration certificate (if any)
The Finance (Term Loan) application follows the same online process at akf.punjab.gov.pk. Additional steps include submitting your business financial details and, for Tier 2, uploading collateral documents. After submission, BOP conducts a site visit and credit appraisal before disbursement.
فنانس (ٹرم لون) کی درخواست بھی اسی طرح آن لائن ہے۔ Tier 2 میں BOP کی ٹیم آپ کے کاروباری مقام کا دورہ بھی کرتی ہے جو ضروری ہے۔ تمام مراحل مکمل ہونے کے بعد قرضہ مراحل میں جاری ہوتا ہے۔For official guidance, dial the Government of Punjab helpline 1786 (toll-free). Available Monday to Friday, 9:00 AM to 5:00 PM. You can ask about eligibility, application status, required documents, and processing timelines.
Card is a revolving digital credit facility up to PKR 1 Million. You use it like a credit card — buy inventory, pay suppliers, utility bills. It's best for day-to-day working capital needs.
Finance is a structured term loan from PKR 1M to 30M. It's meant for expansion — buying machinery, opening a new outlet, or scaling production. It's not revolving; you get a fixed amount and repay in monthly installments over up to 5 years.
No. FBR active taxpayer status is a hard requirement for both products. However, getting an NTN (National Tax Number) is free, fast, and entirely online. Visit fbr.gov.pk → Taxpayer Registration, or visit your nearest Regional Tax Office (RTO). Once registered and your name appears on the ATL, you can apply for this scheme.
نہیں، FBR فائلر ہونا لازمی ہے۔ لیکن NTN رجسٹریشن مفت اور آسان ہے — fbr.gov.pk پر آن لائن کریں یا قریبی RTO آفس جائیں۔ ATL میں نام آنے کے بعد اس سکیم میں apply کریں۔The Asaan Karobar Card and Finance Tier 1 can be considered for new businesses, provided you meet all other conditions (FBR registration, CNIC, clean CIB, guarantors, and a business location). However, Finance Tier 2 is strictly for existing, verifiable businesses with a track record. A basic business plan is required for new ventures.
کارڈ اور Tier 1 نئے کاروبار کے لیے بھی ممکن ہے — بشرطیکہ کاروباری جگہ اور FBR رجسٹریشن موجود ہو۔ Tier 2 صرف قائم شدہ کاروباروں کے لیے ہے۔ نئے کاروبار کے لیے ایک بنیادی کاروباری منصوبہ ضروری ہے۔Since the markup is 0%, the calculation is simple: EMI = Loan Amount ÷ Number of installment months. For example, a PKR 5 Million loan over 5 years (60 months) with 3 months grace means 57 installment months. EMI = 5,000,000 ÷ 57 = PKR 87,719 per month. You pay exactly what you borrow — no extra rupee as interest.
0% مارک اپ ہونے کی وجہ سے حساب بالکل سیدھا ہے: قرض ÷ قسط مہینے = ماہانہ EMI۔ مثلاً 50 لاکھ قرضہ، 57 قسط ماہ (60 مائنس 3 گریس) → EMI = 50 لاکھ ÷ 57 = 87,719 روپے فی ماہ۔Equity requirement means you must contribute 20% of the loan amount from your own funds (10% for women and persons with disabilities). For example, for a PKR 10 Million loan, you must show PKR 2 Million of your own investment. This can be in the form of existing machinery, property already invested in the business, or liquid cash. This protects the bank and shows your commitment. Tier 1 has 0% equity requirement.
20% ایکویٹی کا مطلب ہے کہ آپ کو قرض کا 20% خود لگانا ہوگا — مثلاً 1 کروڑ قرضے کے لیے 20 لاکھ آپ کے اپنے۔ یہ مشینری، جائیداد یا نقد رقم کی صورت میں ہو سکتا ہے۔ خواتین/معذور افراد کے لیے صرف 10% ہے۔ Tier 1 میں کوئی ایکویٹی نہیں چاہیے۔After online submission, PSIC and BOP conduct multi-layer verification including FBR check, SBP e-CIB report, CNIC verification, and business site visit (for Finance). Typically, Card applications take 3 to 5 weeks. Finance applications take 6 to 10 weeks due to additional checks. You'll receive status updates via SMS on your registered number. Track your status at the respective portal using CNIC and tracking ID.
کارڈ کی درخواست پر عموماً 3 سے 5 ہفتے لگتے ہیں۔ فنانس (ٹرم لون) میں 6 سے 10 ہفتے لگ سکتے ہیں کیونکہ اضافی تصدیق اور سائٹ وزٹ ہوتا ہے۔ SMS کے ذریعے اپ ڈیٹ ملتی رہے گی۔