SchemeNewBusiness & Employment
CM Punjab Asaan Karobar Finance Scheme
Interest-free loans for SMEs to start, expand or modernise businesses, with markup subsidised by the Punjab government. Tier-1 loans are clean (personal guarantee); Tier-2 are secured. Bank of Punjab provides the financing; PSIC owns the programme.
Independent, unofficial guide — not a government website. New.
- Launched
- 2025
- Launched by
- Maryam Nawaz
- Department
- Punjab Small Industries Corporation (PSIC)
- Fee
- Processing fee Rs 5,000 (Tier-1) / Rs 10,000 (Tier-2)
- Helpline
- 1786
Who can apply
- Age 25-55
- Valid CNIC and NTN
- Clean ECIB/credit history
- Owned or rented business premises for expansion/working capital loans
How to apply
- Apply online at akf.punjab.gov.pk during active application rounds
- Pay application processing fee via generated PSID (Rs 5,000 for Tier-1, Rs 10,000 for Tier-2) at any bank / online banking
- Complete credit appraisal, biometric verification, and business premises assessment through Bank of Punjab (BOP)
- Upon approval, loan funds are disbursed with grace period and up to 5-year repayment tenure
Documents needed
- CNIC of applicant and guarantor(s)
- National Tax Number (NTN) and tax returns
- Proof of business premises (ownership title or rent agreement)
- Utility bills of business premises
- Business bank statements for past 6–12 months
Benefits
0% markup loans: Tier-1 Rs 1-5 million, Tier-2 Rs 5-30 million; repayment up to 5 years
Official source
- Website: akf.punjab.gov.pk
- Source: akf.punjab.gov.pk
Government sourceGovernment sourceVerified 2026-10-11Always confirm fees, eligibility and deadlines with the official department before you apply.
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