The Asaan Karobar Finance Scheme is a groundbreaking initiative launched by the government of Pakistan to support entrepreneurs, small businesses, and individuals looking to establish or expand their businesses. In 2025, this scheme aims to provide accessible financial assistance to those in need of capital to grow their businesses. This article will guide you through the online application process, rules, and conditions associated with this scheme.
Table of Contents
The Asaan Karobar Finance Scheme offers easy loans to eligible applicants for starting or growing a business. The program provides financing to individuals from diverse sectors, including trade, manufacturing, and services. The scheme aims to empower small and medium enterprises (SMEs) by facilitating easier access to loans with flexible terms.
| Loan Amount | Interest Rate | Repayment Period | Application Period |
| Up to Rs. 1 Lakh | 5% per annum | 1-3 years | January 1, 2025 – March 31, 2025 |
| Rs. 1 Lakh – Rs. 5 Lakh | 7% per annum | 3-5 years | January 1, 2025 – March 31, 2025 |
| Above Rs. 5 Lakh | 8% per annum | 5-7 years | January 1, 2025 – March 31, 2025 |
Asaan Karobar Finance Scheme Online Apply
To apply for the Asaan Karobar Finance Scheme, the following steps should be followed:
Step 1: Registration
- Visit the official government portal for the Asaan Karobar Finance Scheme. You will need to create an account by providing basic details, including your CNIC number, email address, and contact number.
Read More: Eligibility Criteria for the Asaan Karobar Finance Scheme
Step 2: Fill Out the Application Form
- Once registered, complete the application form with detailed information about your business, including the type of business, estimated loan amount, and the purpose of the loan. You may also be required to submit a business plan.
Step 3: Submit Documents
Ensure all required documents are attached. These may include:
- Copy of CNIC (National Identity Card)
- Business Registration (if applicable)
- Financial Statements
- Collateral Documents (for higher loan amounts)
Step 4: Application Review
- Once submitted, your application will be reviewed by the concerned authorities. If you meet the eligibility criteria, the loan will be processed.
Step 5: Loan Approval and Disbursement
- Upon approval, the loan amount will be disbursed to your bank account. You will be notified about the approval and disbursement timelines.
Read More: Documents Required for the Asaan Karobar Finance
Eligibility Criteria and Conditions for the Scheme
To ensure smooth processing, applicants must meet certain conditions and rules:
Age Limit
- Applicants should be between 21 and 45 years old.
Business Type
- The business should fall within eligible sectors like retail, manufacturing, services, or agriculture.
Credit History
- A clean credit history is preferred, although a few schemes offer exceptions based on certain conditions.
Collateral
- Depending on the loan amount, you might need to provide collateral. Smaller loans may not require collateral, but larger sums will need security.
Conclusion
The Asaan Karobar Finance Scheme offers an excellent opportunity for small business owners and aspiring entrepreneurs to access the financial resources they need to grow. With easy online application, flexible terms, and low-interest rates, this initiative has the potential to significantly impact Pakistan’s economy by empowering small businesses. Be sure to check the eligibility criteria and submit your application today to benefit from this scheme.
Read More: CM Punjab Asaan Karobar Finance