The CM Punjab Loan Scheme offers interest-free financing to Punjab’s SMEs, driving entrepreneurship and economic growth. With loans up to PKR 30 million, it supports startups, expansions, and eco-friendly businesses statewide.
Check More Free Resources:
- Read More: CM Punjab Asaan Karobar Loan Scheme: Interest-Free Loans Up to Rs. 3 Crore
- Read More: Start-Up Business Loan In Pakistan [By Government] (PKR 10-50Lakh)
Table of Contents
CM Punjab Loan Scheme: Asaan Karobar Finance
The Punjab government’s flagship CM Punjab Loan Scheme (officially Asaan Karobar Finance) provides 0% interest loans to small and medium enterprises (SMEs). Aimed at boosting job creation, exports, and inclusive development, this initiative prioritizes priority sectors across the province.
Key Objectives of the Program:
- Empower startups and existing SMEs
- Promote climate-friendly RECP technologies
- Stimulate job opportunities
- Enhance Punjab’s industrial competitiveness
Who Can Apply? Eligibility Criteria
Applicants must:
- Be a Punjab resident operating businesses in Punjab
- Fall under SME categories:
- Small Enterprises: Annual sales ≤ PKR 150 million
- Medium Enterprises: Annual sales between PKR 150M–800M
- Be aged 25–55 years
- Hold a valid CNIC, NTN, and active FBR tax filings
- Have a clean credit history
Loan Purposes: How Funds Can Be Used
| Purpose | Examples |
|---|---|
| New Businesses | Startup capital, equipment purchases |
| Existing SMEs | Expansion, modernization, working capital |
| Commercial Leasing | Logistics vehicles, machinery |
| RECP Technologies | Solar energy, waste management systems |
Loan Tiers, Amounts & Key Features
Two tiers cater to different business needs:
| Tier | Loan Amount (PKR) | Security Required | Tenure | End-User Rate | Processing Fee |
|---|---|---|---|---|---|
| T1 | 1M–5M | Personal Guarantee | Up to 5 years | 0% | PKR 5,000 |
| T2 | 6M–30M | Collateral | Up to 5 years | 0% | PKR 10,000 |
Critical Terms:
- Grace Period:
- 6 months (new businesses)
- 3 months (existing businesses)
- Equity Contribution:
- 0% for T1 (non-vehicle)
- 10% (women/transgender/differently-abled)
- 20–25% (T2/vehicles)
- Repayment: Equal monthly installments; Late fee: PKR 1/1,000 daily.
- Additional Costs:
- Handling fee: 0% (new/climate T2) or 3% (existing)
- Actual insurance/legal fees
How to Apply for the CM Punjab Loan Scheme
- Visit the official portal: https://akf.punjab.gov.pk
- Complete the digital application via Bank of Punjab’s scoring system.
- Submit CNIC, NTN, FBR documents, and business proofs.
Note: T1 applications are currently paused (as per latest update).
Why This Scheme Stands Out
- 0% interest reduces financial burden
- 5-year tenure with flexible grace periods
- Inclusive benefits for women and marginalized groups
- End-to-end digital processing
Helpline & Support
Contact: 1786
Website: CM Punjab Asaan Karobar Finance
Frequently Asked Questions (FAQs) –
Q1: What is the CM Punjab Loan Scheme?
A: It’s a 0% interest loan initiative for Punjab’s SMEs to fund startups, expansions, or eco-friendly projects.
Q2: Who qualifies for the CM Punjab Loan Scheme?
A: SMEs with annual sales under PKR 800M, FBR-registered Punjab residents aged 25–55.
Q3: What is the maximum loan amount?
A: PKR 30 million under Tier 2 of the CM Punjab Loan Scheme.
Q4: Are there loans for climate-friendly businesses?
Q1: What is the CM Punjab Loan Scheme?
A: It’s a 0% interest loan initiative for Punjab’s SMEs to fund startups, expansions, or eco-friendly projects.
Q2: Who qualifies for the CM Punjab Loan Scheme?
A: SMEs with annual sales under PKR 800M, FBR-registered Punjab residents aged 25–55.
Q3: What is the maximum loan amount?
A: PKR 30 million under Tier 2 of the CM Punjab Loan Scheme.
Q5: How do I apply online?
A: Visit akf.punjab.gov.pk and use BOP’s digital portal.
Q6: Is collateral required?
A: T1 needs a personal guarantee; T2 requires asset collateral.
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