Easy Business Loans, Eligibility, and How to Apply

Here’s the real kicker: zero-interest loans. Nada. Not even a hint of that sneaky bank interest. They’re basically giving folks (especially women, young people, rural dreamers, and anyone else who usually gets ignored) a shot at building something real. So if you’ve got a solid idea but your wallet’s looking a little empty, this scheme is practically begging you to go for it.

Bottom line? If you’re in Punjab and thinking about starting or growing a business, you’d be nuts not to at least check this out.

What is the CM Punjab Asaan Karobar Scheme?

here’s the lowdown on the Asaan Karobar Scheme (yeah, some folks call it the Asaan Karobar Finance Scheme, but whatever). Basically, it’s this government thing where you can snag interest-free loans to kick off your business, scale it up, or just give it a little juice.

First off, there’s Tier-1. That’s for folks who need up to 5 million PKR. You don’t need to put up your house or your grandma’s jewelry as collateral—just a personal guarantee, which is honestly kinda chill.

Then there's Tier-2. Now we’re talking bigger numbers: anywhere from 6 million all the way to 30 million PKR. But, yeah, here the government’s like, “Show me the collateral.” So you gotta back it up with something valuable. That’s pretty much the gist. Zero interest. Two levels. Go get your hustle on.

In addition, the Asaan Karobar Card allows micro-entrepreneurs quick access to up to PKR 1 million interest-free through a digital SME card.

Key Milestones in 2025

Official Launch
The scheme was introduced in January 2025 as part of a large-scale provincial stimulus package. It was designed to support local industries, boost exports, and create new employment opportunities.

Early Results
Within the first few months, thousands of entrepreneurs across Punjab applied. Many beneficiaries were women and young entrepreneurs. Early funding helped launch numerous new small businesses and expand existing ones.

Phase II Expansion
The government has allocated PKR 100 billion for the fiscal year 2025–26, with the goal of supporting nearly 24,000 SMEs. This brings the total budget for the scheme to PKR 379 billion.

Dedicated Finance Centres
they’ve greenlit a whopping PKR 24.5 billion (yep, billion with a B) to kick off these CM Punjab Asaan Karobar Finance Centres all over the north and south of Punjab. We’re talking big money, big promises. Oh, and that’s not all—there’s also some sort of “Asaan Export Finance” thing in the works, apparently to give smaller businesses a leg up so they can actually play ball in global markets. Finally, someone’s thinking about the little guys, right?