The Government of Punjab, under Chief Minister Maryam Nawaz Sharif, has officially integrated the Asaan Karobar Finance Scheme with the Parwaaz Card ecosystem for 2026. This mega-initiative offers interest-free loans of up to Rs. 3,000,000 (30 Lakh) to help young entrepreneurs, small business owners, and skilled professionals turn their business dreams into reality.
By using the Parwaaz Card, the government has made the loan approval process faster, digital, and completely transparent.
Loan Tiers and Financial Support
The 2026 loan scheme is designed to cater to different business scales, ensuring that both micro-startups and expanding SMEs get the support they need. Small Business Tier: Interest-free loans ranging from Rs. 1,000,000 (10 Lakh) to Rs. 3,000,000 (30 Lakh). Repayment Period: A flexible tenure of up to 5 years, allowing businesses enough time to become profitable. Grace Period: A special 3 to 6-month grace period where no installments are required, giving you a head start to set up your operations. Zero Markup: The scheme is 100% interest-free (Qarz-e-Hasna), meaning you only pay back the principal amount you borrowed.
Eligibility Criteria for the 30 Lakh Loan
To qualify for the maximum loan limit of Rs. 30 Lakh via the Parwaaz Card, applicants must meet these specific requirements: Residency: Must be a permanent resident of Punjab (verified via CNIC and Domicile). Age Limit: Generally between 21 and 55 years for business categories (18+ for IT/Freelancing). Tax Status: Applicants must be Active Tax Filers (NTN holders) with the FBR to apply for the higher loan tiers. Credit History: Must have a clean e-CIB report (no history of bank defaults). Business Plan: A viable business feasibility study is required. For the 30 Lakh tier, the government may require a basic audit of the existing business or a detailed plan for a new startup.
How to Apply Online (Step-by-Step)
The application process is handled through the centralized Parwaaz and Asaan Karobar portals to ensure merit-based selection. Step 1: Register on the Portal: Visit the official website at parwaaz.psdf.org.pk or the designated Asaan Karobar portal. Step 2: Profile Completion: Enter your CNIC and verify your mobile number via OTP. Choose the “Business Loan/Asaan Karobar” category. Step 3: Document Upload: Upload scans of your CNIC, NTN Certificate, Business Plan/Feasibility, and your Punjab Domicile. Step 4: Soft Skills Training: Complete the mandatory short online course on the portal to receive your digital Parwaaz Card, which acts as your “Financial Passport” for the loan. Step 5: Bank Verification: Once the primary digital audit is complete, your case is referred to the Bank of Punjab (BOP) for biometric verification and final approval.
Key Sectors Prioritized for 2026
While the loan is open to various businesses, the Punjab government is prioritizing sectors that drive exports and local employment:
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Information Technology: Software houses, freelancing agencies, and E-commerce startups.
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Agriculture & Livestock: Modern farming equipment, dairy farming, and food processing units.
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Manufacturing: Small-scale industrial units and cottage industries.
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Services Sector: Technical workshops, clinics, and specialized training centers.
Why the Parwaaz Card is Mandatory
In 2026, the Parwaaz Card is not just an ID; it is a digital tool that tracks your financial health and skill level. Simplified Tracking: You can check your loan status, repayment schedule, and next installment date directly on the Parwaaz app or portal. Insurance Coverage: Most loans under this scheme come with built-in insurance for the business assets, providing a safety net for the borrower. Digital Disbursement: Funds are released directly into your bank account or through the Parwaaz digital wallet, ensuring no “cuts” or illegal commissions are taken by anyone.
Official Support and Help
For 2026, the government has established dedicated help desks at every E-Khidmat Markaz across Punjab. If you face issues with the online portal, you can visit these centers for manual assistance. Helpline: 0800-09100 / (042) 111-11-PSDF (7733) Official Website: parwaaz.psdf.org.pk