Asan Karobar Scheme Phase 2

CM Punjab Asan Karobar Scheme Phase 2 is a new step by the Punjab government to support businesspeople. Following the success of Phase 1, this plan will provide Rs 90 billion in interest-free loans to small and medium-sized businesses in September 2025.

It is designed to help people grow their businesses even when costs are high and loans are difficult to obtain. This phase also introduces fast online tools for applying and checking details, allowing the process to be completed in under 30 days. It gives support to women, youth & rural areas.

What is the Asaan Karobar Finance Scheme?

The Asaan Karobar Finance Scheme is a key component of the CM Punjab Asan Karobar Scheme Phase 2. It provides small & medium businesses with easy, interest-free loans to grow, upgrade, or manage their daily operations.

This scheme has two levels: Tier 1 provides loans of up to Rs 5 million without security & Tier 2 offers loans of up to Rs 30 million with security. People can repay over a period of up to 5 years, with an additional 3 to 6 months if needed. The process is straightforward with fewer papers & online forms, so starting or running a business becomes truly “asaan.”

What are the Key Objectives of the Asaan Karobar Finance Scheme

This scheme’s primary goal is to boost the Punjab economy by supporting small & medium businesses. It aims to help new businesspeople, thereby creating more jobs. This scheme also allows companies to upgrade and improve their exports & gives opportunities to groups who usually don’t receive loans.

It supports eco-friendly businesses, makes rules very easy for startups, & reduces financial stress by providing zero-interest loans. In this way, Punjab grows its industries & increases SME share in the economy by 20%.

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Eligibility Criteria for Asaan Karobar Finance Scheme

• • Small Business: Yearly sales up to 150 million IN PKR.
  • Medium Enterprises: Annual sales between PKR 150–800 million.
  • Age Requirement (Finance Scheme): 25-55 years.
  • Age Requirement (Card): 21 to 57 years.
• Must be an active FBR tax filer with NTN.
• Must be living in Punjab with a valid CNIC.
• Need a practical & workable business plan.
• Special Preference: Women, transgender persons, & disabled persons (only 10% equity required).
• Not Eligible: Government employees, loan defaulters, or people without proper documents.

How to Apply Online Asaan Karobar Finance Scheme

Visit akf.punjab.gov.pk for finance or akc.punjab.gov.pk for the card. Register with your CNIC & mobile no to get OTP verification. Then, fill in your business details, upload the required documents (such as CNIC, NTN, bank statements, & business plan, & pay a small non-refundable fee (PKR 500 to 10k) through 1Bill or your bank.

After this, your plan & credit history are checked & if approved, the loan is sent straight to your bank account. For individuals without internet access, offline assistance is also available at PSIC offices.

Asan Karobar Scheme Apply Last Date 2025

As of September 2025, Phase 2 applications are ongoing, with no fixed last date announced. However, given the start in September & limited funds, it is advisable to apply promptly. Check the official portal for updates.

Asan Karobar Scheme Application Status Check

Log in to the portal using your CNIC & password to check status. Updates are sent via SMS/email, with tracking available through PSID. For issues, contact the helpline at 0800-09100 or the PSIC offices.

Phase 2 Asan Karobar Loan Amount Details

Phase 2 features loans up to Rs 3 crore, tiered as follows: Tier 1 (up to Rs 5 million, unsecured) and Tier 2 (Rs 6-30 million, secured). The card offers up to Rs 1 million in revolving credit. Repayment is spread over 5 years, with optional grace periods, and all interest is waived. 

Scheme Tiers Table

Tier	Loan Amount	Security	Tenure	Grace Period	Processing Fee
T1 (Small)	Up to 5M	Personal Guarantee	5 years	3-6 months	5,000
T2 (Medium)	6-30M	Secured	5 years	3-6 months	10,000
Card	Up to 1M	None	3 years	3 months	500

FAQs

Q. What is the CM Punjab Asan Karobar Scheme Phase 2? 

Ans: An interest-free loan program for SMEs, started with Rs 90 billion to support business growth.

Q. Who can apply for the Asan Karobar Scheme 2025? 

Ans: Punjab residents aged 21-57 with clean credit & viable business plans, prioritizing women and youth.

Q. How can I submit the online application for Phase 2? 

Ans: Via akf.punjab.gov.pk: register, fill details, upload docs, pay fee, submit.

Q. What is the last date to apply for Phase 2? 

Ans: Ongoing in 2025; no fixed date, but apply soon as funds are limited.

Q. What benefits does the scheme offer to successful applicants? 

Ans: Interest-free loans up to Rs 30 million, grace periods, and support for expansion.