Karobar Loan Scheme Maryam Nawaz || How To Apply

The government of Punjab has launched a revolutionary initiative under the leadership of Chief Minister Maryam Nawaz Sharif, aimed at empowering the youth and small business owners. Known as the Karobar Loan Scheme, this programme provides interest-free loans to individuals who wish to start or expand their businesses in Punjab.

With a strong focus on promoting self-employment, the scheme offers two powerful financial options: the Asaan Karobar Card and the Asaan Karobar Finance Scheme. These loans are designed to support small entrepreneurs, skilled individuals, and startups by providing accessible and affordable capital. In this article, you’ll learn everything about the scheme, who can apply, loan details, eligibility requirements, and a complete step-by-step guide to apply online.

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🌟 Overview of the Karobar Loan Scheme

Launched in 2025, the Karobar Loan Scheme is part of a larger effort by the Punjab government to fight unemployment and create opportunities for economic growth. It targets the youth, women entrepreneurs, skilled professionals, and existing small business owners.

There are two main components of the scheme:

Asaan Karobar Card—For short-term working capital, revolving credit up to PKR 1 million.
Asaan Karobar Finance—For startups or growing businesses needing higher capital, up to PKR 30 million.

Both options are interest-free, with flexible repayment plans and zero hidden charges. The entire process is digital, ensuring transparency and ease of access.

💼 Loan Features and Benefits

✅ Asaan Karobar Card:

Loan Amount: Up to PKR 1 million
Type: Revolving credit facility
Interest: 0% (Interest-Free)
Tenure: 3 years
Repayment: Starts after 1 year with 24 monthly instalments.
Processing Fee: PKR 500
Extra Benefits: Includes free business training and optional life insurance

✅ Asaan Karobar Finance:

Loan Amount: From PKR 1 million to PKR 30 million
Interest: Zero cent
Tenure: Up to 5 years
Grace Period: 3 to 6 months, depending on the type of business
Security: Collateral required only for loans above PKR 5 million
Processing Fee: PKR 5,000–10,000 depending on loan size

🎯 Eligibility Criteria

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

✅ Must be a resident of Punjab
✅ Must hold a valid CNIC
✅ Age should be between 21 and 57 years for the Karobar Card and 25 to 55 years for the Finance Scheme
✅ Must have a clean credit history
✅ Must be starting or running a business in Punjab
✅ Women, transgender people, and skilled youth are encouraged to apply
✅ Must not have availed of any other government business loan

📋 Documents Required

When applying, be prepared with the following documents:

Copy of CNIC
Passport-size photograph
Business plan or proposal
Bank statements (if available)
Proof of residence in Punjab
NTN or FBR registration (only for large finance loans)
Any existing business registration certificates

🖥️ How to Apply Online—Step-by-Step Guide

🔹 For Asaan Karobar Card (PKR 0.5 to 1 million):

Visit the official portal: 👉 https://akc.punjab.gov.pk
Create your account using your CNIC, mobile number, and email address.
Fill out the online application form, including your details, business type, and loan requirement.
Upload required documents in a clear, scanned format.
Pay the processing fee of PKR 500 through the payment gateway.
Submit your application and save the tracking number.
If approved, the loan will be transferred to your Karobar Card, which can be used digitally for business transactions.

🔹 For the Asaan Karobar Finance Scheme (PKR 1 million to 30 million):

Visit the finance portal: 👉 https://akf.punjab.gov.pk
Register and log in using your valid credentials.
Select the desired loan tier and upload your business plan.
Provide information about guarantors, business history, and funding needs.
Upload all relevant documents.
Submit the form and wait for evaluation.
Once approved, funds will be disbursed to your business bank account.

🚫 Avoid Scams—Apply Only via Official Channels

Please note: The Punjab Government has not appointed any private agent or middleman. Applications are only accepted through official websites. Do not pay anyone to apply on your behalf. The entire process is free, digital, and transparent.

📞 Helpline & Support

For any questions or complaints, you can call the official helpline, 1786, or visit your nearest Punjab Small Industries Corporation (PSIC) office.

✅ Conclusion

The Karobar Loan Scheme by Maryam Nawaz is a game-changer for the people of Punjab. With interest-free loans, a simple online process, and strong government backing, it offers a real chance to turn your business dreams into reality. Whether you are a new entrepreneur, a skilled worker, or a woman aiming for financial independence, this is your opportunity to grow. Don’t wait—apply today and take your first step toward a brighter, self-sufficient future.

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