Chief Minister Punjab Assan Karobar Loan Scheme 2025 A new scheme has been launched by Punjab Chief Minister Maryam Nawaz.Which has been named Easy Business Finance Scheme.In which loans are given to business people in Punjab on easy installments.The loan they can use to improve their business.These people receive financial assistance.This is how business and industry are promoted in Punjab Provice. Scheme Details are Mention Below.
Quick Table Information
Program Details | Information |
Scheme Name | Assan Karobar Finance Scheme |
Approved By | CM Punjab |
Loan Amount | Minimum 5 Million to Maximum 30 Millions |
Type of Loan | Interest Free Loan Scheme |
Scheme Objective | To Decrease Unemployment from Punjab Province. |
Chief Minister Punjab Assan Karobar Loan Scheme 2025
Objective
The aim of this scheme is to reduce poverty in the province of Punjab.Unemployment will be eliminated from the province.People will get opportunities to do good business.Manufacturing and trading sectors will grow.This will make Punjab prosperous.
Structure of Assan karobar Finance Scheme
This scheme has been drawn up in two types of structures.
- First of All you can borrow a loan amount upto 5 Million in personal security.
- In addition, loans ranging from five million to 30 million can be obtained, subject to certain conditions and restrictions.
Duration
The loan can be repaid over a period of five years, with a grace period of up to six months for new businesses and a grace period of up to three months for existing businesses.
Age Limit
Individuals who want to apply for a loan must be between 25 and 55 years of age.He/She should have a good bank credit score and should have his/her own or rented business.
Assan Karobar Finance Scheme Benefits
- In addition, a subsidy of up to five million will be available on equipment used in business, such as solar and other items.
- the scheme will also include advisory services that will guide business and prove useful in decision-making.
Eligibility Criteria
Candidate must be citizen of Punjab Province to Become Eligible in this scheme.
Candidate have A clean Credit History in banks and other Finance Projectes.
Candidate must have their Own and rented Business
candidate must have their Own Original ID and Other necessary Documents.
Govt Future Plan about Scheme
In FY 2025 an 2026 Govt of Punjab is going to plan the phase 3 of this scheme .where total grant will be decrease upto 100 Billion.Scheme aim to give loan up to 24000 small industries and Business
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