CM Punjab Loan Scheme 2026 Online Apply Complete Guide

Under the leadership of Chief Minister Maryam Nawaz Sharif, the Government of Punjab has launched several interest-free and low-markup loan initiatives in 2026 to empower youth, farmers, and entrepreneurs. The primary flagship program for this year is the CM Punjab Asaan Karobar Finance Scheme, which provides interest-free loans to help citizens start or expand their businesses.

This guide provides the latest updates on eligibility, loan limits, and the step-by-step online application process for the 2026 cycle.

Overview of CM Punjab Loan Schemes 2026

The Punjab government has categorized its loan programs to target different sectors of society.

Scheme Name	Target Audience	Loan Limit	Interest Rate
Asaan Karobar Finance	Entrepreneurs & Youth	Rs. 1M to Rs. 30M	0% (Interest-Free)
Punjab Rozgar Scheme	Small Businesses	Up to Rs. 10 Million	Subsidized (4% – 5%)
Apni Chat Apna Ghar	Home Seekers	Up to Rs. 1.5 Million	Interest-Free
Parwaaz Card (Overseas)	Skilled Workers	Pre-departure costs	Interest-Free

CM Punjab Asaan Karobar Finance Details

The Asaan Karobar Finance Scheme is the most popular initiative in 2026, designed to boost the provincial economy through SME support.

Tier 1 (Clean Loans): Rs. 1 Million to Rs. 5 Million (Based on personal guarantees).
Tier 2 (Secured Loans): Rs. 5 Million to Rs. 30 Million (Requires property or asset security).
Repayment Tenure: Up to 5 years with a grace period of 3 to 6 months.
Markup: 0% for the borrower (The Punjab Government pays the markup to the Bank of Punjab).

Eligibility Criteria for Applicants

To ensure the loans reach deserving Punjab residents, the following criteria must be met:

Age Limit: Generally between 25 and 55 years.
Residency: Must have a valid CNIC with a Punjab domicile.
Business Location: The business must be located within Punjab.
FBR Status: Applicants must be Active Tax Filers with a valid NTN.
Credit History: Must have a clean e-CIB report (no previous bank defaults).
Special Quota: A 10% to 20% quota is reserved for women, transgender individuals, and differently-abled persons.

[Image showing the eligibility checklist for the Punjab Asaan Karobar Scheme]

How to Apply Online (Step-by-Step)

The application process for 2026 has been made 100% digital to ensure transparency.

Visit the Official Portal: Go to the Punjab Small Industries Corporation (PSIC) or Bank of Punjab (BOP) official website at psic.punjab.gov.pk or bop.com.pk.
Select the Scheme: Click on the “CM Punjab Asaan Karobar Finance” link.
Registration: Register using your mobile number and CNIC. You will receive an OTP for verification.
Fill the Form: Enter your personal details, business plan, and the required loan amount.
Upload Documents: You will need to upload:
- Scanned CNIC and Domicile.
- Business plan/feasibility report.
- Latest utility bills and tax return proof.
- Security documents (for Tier 2 loans).
Processing Fee: Pay the non-refundable processing fee (approx. Rs. 2,000 – 5,000) through ePay Punjab or a designated bank.

Required Documents for Verification

Keep these documents ready to speed up your approval process:

Educational Certificates: (If applying under the youth/graduate quota).
Rent Agreement: Or ownership proof of the business premises.
Bank Statement: Usually for the last 6 to 12 months.
Personal Guarantees: For Tier 1 applicants.

Important Deadlines for 2026

The Punjab Government typically opens these schemes in phases. For the 2026 First Quarter, the portal is currently OPEN. Students and entrepreneurs are advised to apply early as the funds are distributed on a “first-come, first-served” merit basis.

Note: The government does not charge any “commission” through private agents. Always use official portals to avoid scams.