The CM Punjab Asaan Karobar Finance Scheme 2026 is a special program to help people start or grow their businesses. It offers loans with 0% interest, meaning you only pay back what you borrowed. This initiative aims to support 4,000 SMEs with a massive budget of Rs. 36 Billion to boost the economy.
Who is eligible for this loan?
Not everyone can apply. You must meet these simple rules:
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Age: You must be between 25 and 55 years old.
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Location: You must live in Punjab and have a Punjab Domicile.
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Tax Status: You must be an Active Tax Filer with the FBR (Federal Board of Revenue) and have a valid NTN.
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Credit History: You must have a clean record with banks (no unpaid old loans or defaults).
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Business Status: Both new startups (Green Field) and existing businesses (Brown Field) are eligible.
How much money can you borrow?
The scheme is divided into two parts (Tiers) based on your needs:
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Tier 1 (Small Loans): Borrow from Rs. 1 Million to Rs. 5 Million. These are “clean loans” that only require personal guarantees; you don’t need to give property as a guarantee.
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Tier 2 (Large Loans): Borrow from Rs. 5 Million to Rs. 30 Million. For these big amounts, you must provide property or other assets as security (mortgage) to the bank.
What is the interest rate and profit?
The best part of this scheme is the 0% Interest Rate for the borrower. While the Bank of Punjab (BOP) normally charges a profit, the Punjab Government pays that amount to the bank on your behalf. You only pay back the actual loan amount in easy monthly installments.
How to apply online?
You can apply from your home using a phone or computer:
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Visit the Portal: Go to the official website at psic.punjab.gov.pk or the dedicated BOP link.
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Create an Account: Use your CNIC and mobile number to register and log in.
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Fill the Form: Enter your name, address, and details about your business idea or existing setup.
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Upload Documents: Attach photos of your CNIC, NTN certificate, Domicile, and a Business Feasibility Report.
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Submit: Review everything and click submit. You can track your application status online using your CNIC.
When do you have to pay the money back?
The government gives you a “Grace Period,” which means you don’t start paying immediately:
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Repayment Time: You have up to 5 years to return the full amount in equal monthly installments.
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Grace Period: New businesses get 6 months and existing businesses get 3 months of relief. During this time, you do not have to pay back the principal amount.
What documents are required for the application?
Keep these ready before you start your online application:
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Valid CNIC of the applicant.
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Proof of business (NTN or registration documents).
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Evidence of business premises (Rent agreement or ownership papers).
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Personal Net Worth Statement (for Tier 1).
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Property documents for mortgage (for Tier 2).
Next Step: Would you like me to find a sample Business Feasibility Report template that you can use for your application?