Asaan Karobar Finance Loan Process and Disbursement in 2025

The Asaan Karobar Finance Scheme 2025 is a groundbreaking initiative by the Punjab government, designed to empower small and medium-sized enterprises (SMEs) through interest-free financing. This program aims to stimulate economic growth, foster entrepreneurship, and generate employment opportunities across the province. Under this scheme, eligible individuals can access loans ranging from PKR 1 million to PKR 30 million, depending on their business needs and capacity. The application process is fully digital, ensuring transparency and accessibility. Funds are disbursed promptly upon approval, providing entrepreneurs with the financial support needed to grow their businesses, pay suppliers, and cover operational expenses. This initiative plays a pivotal role in building a sustainable and inclusive business environment in 2025.

Eligibility Criteria for the Asaan Karobar Finance Loan

To qualify for the Asaan Karobar Finance Scheme, applicants must meet the following conditions:

Age: Between 25 and 55 years.
Residency: Must be a resident of Punjab, with both residence and business located within the province.
Business Type: Classified as a Small Enterprise (annual sales up to PKR 150 million) or Medium Enterprise (annual sales between PKR 150 million and PKR 800 million).
Tax Compliance: Active Federal Board of Revenue (FBR) tax filers with a clean credit history.
Identification: Possess a valid Computerized National Identity Card (CNIC) and National Tax Number (NTN).
Business Premises: Must own or rent the place of the existing business.

Asaan Karobar Finance Loan Details

The scheme offers two tiers of financing:

Tier	Loan Amount (PKR)	Security	Term Length	Interest Rate	Processing Fee (PKR)
T1	1 million – 5 million	Personal Guarantee	Up to 5 years	0%	5,000
T2	6 million – 30 million	Secured	Up to 5 years	0%	10,000

Additional Details

Grace Period:
- Up to 6 months for start-ups/new businesses.
- Up to 3 months for existing businesses.
Equity Contribution:
- 0% for T1 loans, excluding leased commercial vehicles.
- Leased Vehicles: 25%.
- Other Loans: 20% for T2 cases; 10% for women, transgender, and differently-abled persons.
Repayment Terms: Equal monthly installments as per the approved terms.
Late Charges: PKR 1 per 1,000/day on overdue amounts.

Additional Costs

Handling Fee:
- NIL for setting up new businesses.
- 3% per annum for existing businesses.
- NIL per annum for climate-friendly businesses in T2.
Other Charges: Insurance, legal, and registration charges as per actual costs.

Application Process for the Asaan Karobar Finance Loan

Registration: Visit the official portal and create an account using your CNIC and a valid mobile number.
Documentation: Prepare scanned copies of necessary documents, including CNIC, proof of residence, business registration, tax documents, and bank statements.
Application Submission: Complete the online application form, upload the required documents, and pay the non-refundable processing fee (PKR 5,000 for T1; PKR 10,000 for T2).
Verification: Authorities will conduct digital verification of the provided information.
Approval and Disbursement: Upon successful verification, the loan will be approved, and funds disbursed through the Asaan Karobar Finance Card.

Asaan Karobar Finance Loan Process Utilization

The loan can be utilized for various business-related activities, including:

Payments to vendors and suppliers.
Payment of utility bills, government fees, and taxes.
Cash withdrawals (up to 25% of the limit) for miscellaneous business needs.
Digital transactions via Point of Sale (POS) systems and mobile applications.

Conclusion

The Asaan Karobar Finance Scheme 2025 is a significant initiative by the Punjab government to empower SMEs with interest-free loans, fostering economic development and entrepreneurship in the region. By providing accessible financial support, the scheme aims to create a robust entrepreneurial ecosystem, contributing to the province’s economic prosperity.