HomePAKISTANAssan Karobar Scheme: Zero Markup Loans for Entrepreneurs in Punjab

Assan Karobar Scheme: Zero Markup Loans for Entrepreneurs in Punjab

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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:

  1. CM Punjab Assan Karobar Card
  2. 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:

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!

Adnan
Adnanhttps://lifeinpakistan.net/%20
Adnan is a passionate writer and analyst with a keen focus on current affairs, technology, and business developments in Pakistan. With a sharp eye for detail and a deep understanding of socio-economic trends, he provides insightful commentary on the issues shaping Pakistan's future.His work spans breaking news, in-depth tech reviews, and business analyses, offering readers a well-rounded perspective on Pakistan's evolving landscape. Whether covering startup ecosystems, government policies, or digital transformations, Adnan strives to deliver accurate, engaging, and thought-provoking content.Follow his writings to stay informed on the latest developments in Pakistan’s tech industry, economic shifts, and pressing national issues

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