Asaan Karobar Scheme 2026: Eligibility, Loan Amount & Online Apply
The CM Punjab Asaan Karobar Scheme provides interest-free financing to eligible entrepreneurs and businesses in Punjab. It has two main options: Asaan Karobar Finance, with financing from PKR 1 million up to PKR 30 million, and the Asaan Karobar Card, which provides financing of up to PKR 1 million.
The two programs have different eligibility requirements, financing limits, fees and repayment terms. This guide explains the current requirements and how to apply using CM Punjab Asaan Karobar official website.
Asaan Karobar Scheme 2026 at a Glance
| Program | Financing | Age requirement | Main use |
|---|---|---|---|
| Asaan Karobar Finance – Tier 1 | PKR 1 million–5 million | 25–55 years | Small business setup, expansion and working capital |
| Asaan Karobar Finance – Tier 2 | PKR 5 million–30 million | 25–55 years | Larger business financing and expansion |
| Asaan Karobar Card | Up to PKR 1 million | 21–57 years | Small business expenses and working capital |
The financing limits and eligibility requirements above are based on current information published by the Punjab Small Industries Corporation (PSIC) and Government of Punjab.
What Is the Asaan Karobar Scheme?
The CM Punjab Asaan Karobar Scheme is a Government of Punjab initiative for small and medium businesses and entrepreneurs in Punjab. It includes two separate financing programs:
- CM Punjab Asaan Karobar Finance
- Asaan Karobar Card
The Finance program provides larger financing facilities through two tiers. The Card provides a smaller revolving financing facility for eligible entrepreneurs. The programs are designed to support activities such as starting a business, expanding an existing business, working capital, modernization and other eligible business requirements.
Asaan Karobar Finance vs Asaan Karobar Card
Although both programs are part of the Punjab government’s Asaan Karobar initiative, they are different facilities.
Asaan Karobar Finance
Asaan Karobar Finance is intended for businesses requiring financing between PKR 1 million and PKR 30 million. It has two tiers:
- Tier 1: PKR 1 million to PKR 5 million
- Tier 2: PKR 5 million to PKR 30 million
Tier 1 is a clean financing facility supported by personal guarantees. Tier 2 is secured financing.
Asaan Karobar Card
The Asaan Karobar Card provides financing of up to PKR 1 million to eligible existing and prospective small entrepreneurs. The Card is intended for business-related spending and operates through digital controls. The official PSIC information describes it as a three-year facility with a three-month grace period.
Which option should you choose?
If your financing requirement is up to PKR 1 million, check the eligibility requirements for the Asaan Karobar Card. If you need more than PKR 1 million for an eligible business purpose, review Asaan Karobar Finance and determine whether Tier 1 or Tier 2 applies to your financing requirement.
Also check > Aaghosh Program 2026
Asaan Karobar Finance Eligibility Criteria 2026
For Asaan Karobar Finance, the current PSIC information lists these key requirements:
- Applicant must be 25 to 55 years old on the date of application.
- Applicant must be a Pakistani national residing in Punjab.
- Applicant must have a valid CNIC.
- Applicant must have a valid NTN.
- Applicant must be an active FBR tax filer.
- Applicant must have a clean credit history.
- The business must be located in Punjab.
- For an existing business, the applicant must own or rent the business premises according to the applicable program requirements.
The Finance program is aimed at small and medium enterprises. The current Punjab government information defines small enterprises as businesses with annual sales of up to PKR 150 million and medium enterprises as businesses with annual sales above PKR 150 million and up to PKR 800 million.
Meeting the basic eligibility conditions does not guarantee approval. Applications remain subject to the program’s assessment and financing requirements.
Asaan Karobar Card Eligibility Criteria 2026
The Asaan Karobar Card has separate eligibility requirements. According to PSIC, applicants must:
- Be between 21 and 57 years old.
- Be a Pakistani resident of Punjab according to the CNIC.
- Have a valid CNIC.
- Have an existing business in Punjab or intend to establish one in Punjab.
- Have a mobile number registered in the applicant’s own name.
The Card is available to existing and prospective small entrepreneurs who meet the program requirements.
Asaan Karobar Loan Amount
The amount of financing depends on the selected program.
Finance Tier 1
PKR 1 million to PKR 5 million: Tier 1 is intended for eligible businesses requiring relatively smaller financing and is offered as a clean facility with personal guarantees.
Finance Tier 2
PKR 5 million to PKR 30 million: Tier 2 provides larger financing and is a secured facility.
Asaan Karobar Card
Up to PKR 1 million: The Card provides a smaller revolving financing facility for eligible business-related expenses.
Is the Asaan Karobar Financing Interest-Free?
Yes. The official Punjab information describes the Asaan Karobar Finance facility as having a 0% end-user rate for eligible borrowers. The Asaan Karobar Card is also described by PSIC as a clean interest-free financing facility. However, interest-free does not mean that every associated charge is zero. Applicants should check the applicable processing fees, Card charges and other costs before accepting a facility.
Processing Fee for Asaan Karobar Scheme
The processing fee depends on the selected option.
| Program | Processing Fee |
|---|---|
| Asaan Karobar Card | PKR 500 |
| Finance Tier 1 | PKR 5,000 |
| Finance Tier 2 | PKR 10,000 |
The Bank of Punjab’s published information lists PKR 5,000 for Finance Tier 1 and PKR 10,000 for Finance Tier 2. The Asaan Karobar Card has a separate annual card fee of PKR 25,000 plus FED, according to the current PSIC information. Because fees can change, applicants should confirm the amount shown through the official application channel before making payment.
Repayment Period and Grace Period
Asaan Karobar Finance
The Finance facility can have a repayment period of up to five years, depending on the approved financing arrangement. The current PSIC information provides:
- Up to six months’ grace period for new businesses
- Up to three months’ grace period for existing businesses
The applicable repayment schedule is determined according to the approved facility.
Asaan Karobar Card
The Asaan Karobar Card has a three-year tenure. PSIC states that the Card includes a three-month grace period, followed by 33 monthly installments.
Equity Contribution
The required contribution depends on the financing facility and applicant category.For Asaan Karobar Finance, the current PSIC information states:
- Tier 1: No borrower equity share.
- Tier 2: Generally follows an 80:20 financing-to-equity structure.
- Eligible female, transgender and differently abled applicants: A 90:10 structure applies under the stated conditions.
- Commercial vehicle financing: Requires a minimum 25% borrower contribution.
These conditions can depend on the type and purpose of financing, so applicants should confirm the applicable structure before accepting the facility.
Also check > CM Punjab Rashan Card Program 2026
What Can Asaan Karobar Financing Be Used For?
The Finance scheme supports eligible business purposes, including:
- Establishing a new business
- Expanding an existing business
- Working capital
- Balancing, modernization and replacement
- Resource Efficiency and Cleaner Production technologies
- Eligible commercial logistics and vehicle leasing
The approved financing should be used for the business purpose stated in the application and approved under the facility. It should not be treated as unrestricted personal cash. For the Asaan Karobar Card, spending is also restricted to eligible business activities through the program’s digital controls.
Documents and Information You May Need
The exact documents depend on the financing option and the applicant’s circumstances. You may need information such as:
- Valid CNIC
- Mobile number registered in your own name
- NTN and FBR tax information
- Business address
- Proof of business premises where applicable
- Rent agreement if the business premises are rented
- Business bank account or financial information
- Details of an existing business
- Business feasibility information for a new business
- Information about existing loans or credit facilities
- Property documents where secured financing requires them
Do not assume that every applicant needs every document listed above. Use the official application system’s document checklist for your specific application.
How to Apply for Asaan Karobar Scheme Online
The safest way to apply is through the official Punjab government or PSIC channels.
Step 1: Select the right program
First decide whether you are applying for:
- Asaan Karobar Card for financing up to PKR 1 million, or
- Asaan Karobar Finance for financing from PKR 1 million up to PKR 30 million.
Check the eligibility requirements before beginning the application.
Step 2: Open the official scheme information page
Use the Government of Punjab or PSIC website to access the current application information. Do not rely on registration links received through WhatsApp, Facebook groups, YouTube descriptions or unofficial websites.
Step 3: Register and provide your information
Enter your CNIC and other personal information exactly as required. For the Card, the mobile number must be registered in the applicant’s own name.
Step 4: Enter your business details
Provide accurate information about your business, including its location, business activity and financing requirement. If you are establishing a new business, prepare the business information or feasibility details requested by the program.
Step 5: Provide the required documents
Upload or submit the documents requested by the official application system. Check all CNIC, NTN, business and contact information before continuing.
Step 6: Pay the applicable processing fee
Pay the processing fee applicable to your selected option:
- PKR 500 for the Card
- PKR 5,000 for Finance Tier 1
- PKR 10,000 for Finance Tier 2
Use only the payment method provided through the official application process.
Step 7: Submit the application
Review your information carefully before submitting the application. Keep your application or reference details after submission so you can use the official channel for future follow-up.
How Is an Application Assessed?
Submitting an application does not mean that financing is automatically approved. The program can assess information such as:
- Applicant eligibility
- CNIC and identity information
- FBR filer and NTN status
- Credit history
- Business information
- Business premises
- Financial information
- Security requirements for secured financing
Tier 2 financing has security requirements, so applicants seeking larger financing should be prepared to provide the information and documents required for that facility. It is better to submit accurate business and financial information than to rely on someone who promises approval.
Asaan Karobar Scheme Helpline
The Government of Punjab lists 1786 among its official helplines. For questions about the Asaan Karobar programs, applicants should use the current Punjab government or PSIC contact information rather than relying on unofficial agents. If a website, person or social media account asks for money in exchange for guaranteed approval, verify the claim through an official government channel first.
Beware of Fake Asaan Karobar Registration Websites
Government schemes often attract unofficial registration services and scams. Protect your personal information when applying.
Do not:
- Pay an agent who promises guaranteed approval.
- Share your OTP with another person.
- Give your CNIC details to an unknown website.
- Pay someone to “increase your chances” of approval.
- Use registration links from unknown social media accounts.
- Assume a website is official simply because its name contains “Asaan Karobar.”
Always verify the application route through the official Punjab government or PSIC website.
Frequently Asked Questions
What is the maximum amount available under the Asaan Karobar Scheme?
Asaan Karobar Finance provides financing of up to PKR 30 million under Tier 2. Tier 1 provides PKR 1 million to PKR 5 million, while the separate Asaan Karobar Card provides up to PKR 1 million.
What is the Tier 2 Asaan Karobar financing limit?
The current PSIC information lists PKR 5 million to PKR 30 million for Tier 2. It is a secured financing facility.
What is the age limit for Asaan Karobar Finance?
The applicant must be 25 to 55 years old for Asaan Karobar Finance according to the current PSIC eligibility information.
What is the age limit for the Asaan Karobar Card?
The Card is available to applicants aged 21 to 57 years, subject to the other eligibility requirements.
Is Asaan Karobar financing interest-free?
Yes. The official program information lists a 0% end-user rate for Asaan Karobar Finance. The Card is also described as an interest-free financing facility.
How much is the Finance processing fee?
The processing fee is currently listed as PKR 5,000 for Tier 1 and PKR 10,000 for Tier 2.
Can a new business apply?
Yes. The Asaan Karobar Finance program supports the establishment of new businesses, subject to the program’s eligibility and assessment requirements.
Can an existing business apply?
Yes. Existing businesses can apply for eligible financing purposes such as expansion, working capital and modernization, subject to the applicable requirements.
Is the Asaan Karobar Card the same as Asaan Karobar Finance?
No. They are separate facilities. The Asaan Karobar Card provides up to PKR 1 million through a controlled digital facility, while Asaan Karobar Finance provides larger financing through Tier 1 and Tier 2.
What is the Asaan Karobar helpline?
The Government of Punjab lists 1786 among its official helplines. Check the current Punjab government or PSIC contact information for program-specific assistance.
Where can I check the latest Asaan Karobar information?
Check the official Government of Punjab and Punjab Small Industries Corporation (PSIC) websites for the latest eligibility requirements, fees, application instructions and program updates.
Final Takeaway
The CM Punjab Asaan Karobar Scheme offers two different financing options for eligible entrepreneurs and businesses in Punjab. The Asaan Karobar Card provides financing of up to PKR 1 million for eligible small entrepreneurs. Asaan Karobar Finance provides PKR 1 million to PKR 5 million through Tier 1 and PKR 5 million to PKR 30 million through Tier 2.
Before applying, check the eligibility requirements for the option you need, prepare the requested business and personal information, and confirm the current fees through the official application channel. Do not pay an agent for guaranteed approval. If the program’s requirements or application process change, the official Punjab and PSIC information should take priority over older information published elsewhere.
