CM Punjab Expands Asan Karobar Card Scheme 2025-26 Rs. 89 Billion Budget Announced for Small & Big Entrepreneurs

CM Punjab Asan Karobar Card Scheme 2025 

Good News: The Punjab government has taken a final decision to extend the “CM Punjab Asan Karobar Card Scheme 2025 and Asan Karobar Finance Scheme” in the new financial year so that more and more entrepreneurs can benefit from it. This time, a huge amount of Rs 89 billion has been proposed for the scheme, which will provide loans to small and medium-sized businesses on easy terms. The special thing is that now those people who have already taken a loan from any other government scheme will also be eligible for the loan. This time, the approval of the loan will depend on the financial status of the applicant, which will be decided by Punjab Bank.

Under this scheme, a minimum loan of Rs 1 lakh and a maximum of Rs 3 crore will be given to the business, the repayment period of which has been set at 5 years. New business owners will be given a 6-month and old business owners will be given a 3-month repayment concession. The loan application fee has been fixed at Rs 5,000 to Rs 10,000. If there is a delay in paying any installment, there will be a penalty of Rs 1,000 per day. The government has also set a target of distributing Rs 9.10 billion by June 30, of which Rs 2 billion has been allocated for small businesses and Rs 7.17 billion for large businesses.

To make this project more transparent and effective, a verification system of NADRA, FBR and NTN has been included, while the services of PITB are also being sought so that the complete data of the applicants can be checked through an automated system. Punjab Chief Minister Maryam Nawaz officially inaugurated the scheme on January 16, after which the scheme is moving forward rapidly. Under this scheme, not only loans will be given but also business activities will be promoted in industrial estates and economic zones. With the participation of trade bodies and the private sector, the youth of Punjab will be trained for business so that they can become independent.

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What Is CM Punjab Asaan Karobar Finance Scheme?

The CM Punjab Asaan Karobar Finance Scheme is a government-backed loan project under the leadership of CM Maryam Nawaz, designed to support:

• New businesses
  
• Existing businesses needing support
  
• Small and medium enterprises (SMEs)

It offers loans of up to Rs. 30 million (3 crore) under very simple terms, with special support from Bank of Punjab.

What’s New in the 2025-26 Update?

In this year’s expansion, several important changes have been made to include more people and increase business activity in Punjab:

• Budget increased to Rs. 89 billion
  
• People who already took loans from other schemes can also apply now
  
• Bank of Punjab will decide loan approval based on financial profile
  
• Loan projects included in Annual Development Plan
  
• PITB, NADRA, FBR, and NTN verification will be used for transparency
  
• Approval by Punjab Cabinet completed in January 2025
  
• CM Maryam Nawaz inaugurated the project on January 16, 2025

Also Read: BISP 8171 Payment Verification June 2025 Must-See Update for Women Waiting for June Installment

Asan Karobar Loan Amounts – From Small to Big Businesses

Asan Karobar scheme covers a wide range of business types by offering different levels of loan amounts:

• Minimum loan: Rs. 100,000
  
• Maximum loan: Rs. 30,000,000 (Rs. 3 crore)

Loans are being distributed through the Bank of Punjab with a strong verification process to avoid fraud.

Loan Return Time & Grace Periods

Loan repayment is made easy with flexible terms:

• Return period: 5 years
  
• New businesses get a 6-month grace period
  
• Old businesses get a 3-month grace period
  
• Monthly installment due on the 1st of every month
  
• Late fine: Rs. 1,000 per day

Who Will Get How Much? – Government Allocation Breakdown

The Punjab Government has clearly outlined where the money will go:

• Rs. 2 billion for small businesses
  
• Rs. 7.177 billion for medium and large businesses
  
• Rs. 9.10 billion to be distributed before June 30, 2025

Application Fee and Process

To apply for the loan under this scheme, you need to follow these simple steps:

Step-by-Step Application Process:

1. Prepare Your Documents
   
   • CNIC
     
   • NTN / FBR record
     
   • Business plan or proof of existing business
     
2. Online Registration
   
   • Portal will be launched with PITB support
     
   • Applicants will register with mobile number and CNIC
     
3. Verification via NADRA & FBR
   
   • NADRA will verify your identity
     
   • FBR will confirm tax status through NTN
     
4. Loan Approval by Bank of Punjab
   
   • Bank reviews financial capacity
     
   • Loan amount is finalized
     
5. Receive Your Asaan Karobar Card
   
   • Physical or digital card issued for disbursement
     
6. Loan Disbursed to Bank Account
   
   • Amount transferred directly
     
   • Grace period begins based on business type
     

Application Fee:

• Rs. 5,000 for small loans
  
• Rs. 10,000 for larger loans

Also Read: CNIC Payment Verification BISP Is Ongoing for 8171 Newly Registered Women 2025

Special Economic Zones & Industrial Boost

The 2025 plan also includes a strong focus on industrial development:

• Business activities to increase in Industrial Estates and Special Economic Zones
  
• Government will partner with Trade Associations, Private Sector, and Business Groups to create opportunities

Young Entrepreneurs to Get Training Too

Another key part of the scheme is youth support:

• Young people across Punjab will receive business training
  
• This includes startup guidance, financial literacy, and mentorship
  
• Helps in creating sustainable new businesses instead of relying on jobs

Also Read: BISP June 2025 Payment Released But Delivery Faces Delays Due to Missing Addresses and Contact Numbers

Final Approval and Progress Timeline

Here’s how the scheme progressed this year:

Important Rules You Must Know

Before applying, keep these important rules in mind:

• Only Punjab residents can apply
  
• All data must be correct and verifiable
  
• If you miss an installment, late fees apply
  
• The loan can only be used for business purposes

Conclusion

The CM Punjab Asaan Karobar Card Scheme 2025 is a golden opportunity for thousands of business-minded people across the province. With easy loans, transparent processes, and government-backed support, this project is set to boost entrepreneurship, reduce unemployment, and support Punjab’s economic growth. If you’re planning to start or grow your business, this is your moment.

By offering loans of up to Rs. 3 crore with a flexible five-year repayment plan, this scheme is not just about financial support it’s about building a self-reliant and economically strong Punjab. If you’ve ever dreamed of starting or growing your own business, now is the time to take action.

Also Read: Big Update: BISP Kafalat Program July 2025 Payments Dispatched – Now Check Eligibility and Payment Details Here