Asaan Karobar Loan Scheme 2025 Introduction The Punjab Govt has introduced an initiative offering interest-free loans to support Small and Medium Business. The program is designed to boost economic growth by encouraging entrepreneurship, creating jobs, and promoting exports in Punjab Province. It focuses on priority sectors, including startups, business expansion, commercial logistics, and climate-friendly technologies.So this Step of Chief Minister Maryam Nawaz war very important and will be helpfull for Punjab Public and youths.
Objective of Asan Karobar Scheme
The program provides loans for various purposes: For New Businesses Scheme Giving Startup funding and For Existing Businesses Scheme givting funds for Expansion, modernization, or working capital Leasing: Commercial logistics and for Climate-Friendly Businesses: Supporting RECP technologies.
Total Loan Amount of Scheme
In the T1:Loans ranging from PKR 1 million to PKR 5 million, secured with a personal guarantee, with no interest, and a processing fee of PKR 5,000.and in the T2: Loans from PKR 6 million to PKR 30 million, secured loans with no interest, and a processing fee of PKR 10,000.
Duration of Loan
The loan tenure is up to 5 years, with a grace period of 6 months for startups and 3 months for existing businesses.
Repayment of Installments
Repayments are made in equal monthly installments. Late charges of PKR 1 per 1,000 per day apply to overdue amounts. Additional costs include a handling fee (NIL for new businesses, 3% per annum for existing businesses, and NIL for climate-friendly businesses in T2). Insurance, legal, and registration charges are applicable as per actual costs.
How to Apply for Asaan Karobar Loan Scheme 2025
- To Apply in this Scheme Candidate must visit the Following Link https://akf.punjab.gov.pk/landing
- Fill Your Application form online at Official Website.
- No need to Submit hard Copy.
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