The Punjab Government has unveiled the transformative Assan Karobar Scheme, a flagship program designed to fuel entrepreneurship and drive economic growth throughout the province. This initiative offers interest-free loans to help individuals launch or grow their businesses, promoting financial inclusion and nurturing grassroots innovation.
Under the dynamic leadership of the Punjab Chief Minister, the scheme splits into two tailored programs:
- CM Punjab Assan Karobar Card
- CM Punjab Assan Karobar Finance
These programs deliver zero-markup financial support to both new and seasoned entrepreneurs, turning business dreams into actionable realities.
1. CM Punjab Assan Karobar Card: Small Business, Big Impact
The Assan Karobar Card targets individuals seeking small to medium loans to start or maintain their ventures. This program empowers small-scale entrepreneurs with accessible funding.
Key Features
- Total Allocation: PKR 48 billion
- Loan Limit: Up to PKR 10 lakh
- Markup: 0% (Interest-Free)
- Repayment Period: Up to 3 years
- Application Fee: Free
Who Can Apply?
To qualify, applicants must:
- Reside in Punjab
- Be aged 21–57 years
- Have no government-employed family members
- Register their business via NADRA
Women entrepreneurs, youth, and skilled professionals receive priority, making this card a vital resource for sustainable livelihoods.
2. CM Punjab Assan Karobar Finance: Scaling Up Success
The Assan Karobar Finance program supports established businesses aiming to expand, innovate, or modernize. It’s a game-changer for small and medium enterprises (SMEs).
Key Features
- Total Allocation: PKR 36 billion
- Loan Limit: Up to PKR 3 crore
- Markup: 0% (Interest-Free)
- Repayment Period: Up to 5 years
Eligibility Requirements
Applicants must:
- Be Punjab residents
- Be aged 25–55 years
- Register their business with a relevant authority
- Meet annual revenue benchmarks
Special incentives favor women and youth with innovative ideas, helping SMEs thrive without high-interest burdens.
How to Apply for the Assan Karobar Scheme
Applying is quick and user-friendly. Visit the official portals:
- Assan Karobar Card: akc.punjab.gov.pk
- Assan Karobar Finance: akf.punjab.gov.pk
Need help? Call the Assan Karobar Helpline at 1786 for step-by-step assistance.
Industries Supported by the Scheme
The Assan Karobar Scheme spans diverse sectors, including:
- Agriculture: Funding for modern farming tools and techniques
- Small Manufacturing: Growth support for production units
- IT Startups: Boosting digital innovation
- Retail: Empowering local traders
- Handicrafts: Reviving traditional arts
This broad coverage ensures opportunities for all.
Why the Assan Karobar Scheme Stands Out
This initiative goes beyond financial aid—it’s a catalyst for a self-reliant Punjab. Here’s what makes it unique:
- Zero Markup: No interest means less financial stress
- Inclusivity: Prioritizes women, youth, and underserved groups
- Economic Boost: Creates jobs through small business growth
- Simple Access: Easy online applications with government backing
Start Your Entrepreneurial Journey Today
The Assan Karobar Scheme is a bold step toward unlocking Punjab’s economic potential. With interest-free loans and flexible terms, it ensures every aspiring entrepreneur gets a fair shot.
Ready to build your future? Apply now at akc.punjab.gov.pk or akf.punjab.gov.pk. For assistance, dial 1786. Together, let’s create a thriving Punjab!
