The Punjab Government has introduced the Asaan Karobar Scheme 2026 to help the young entrepreneurs who want to establish or grow their business. The increasing investment cost and financial constraints have contributed to a hardship to the progression of new startups, and this program is expected to address.
The scheme provides young people with the chance to develop their future with low-interest loans, easy requirements, and the entire system of applications are digital.
Loan Categories Under the Scheme
The government has divided the loan program into three easy levels hence the youth can opt based on their business requirements.
| Loan Type | Loan Amount | Interest Rate | Target Group |
|---|---|---|---|
| Tier 1 | PKR 100,000 – 500,000 | 0% – 3% | Small traders & new entrants |
| Tier 2 | PKR 500,000 – 2,000,000 | 3% – 5% | Expanding businesses |
| Tier 3 | PKR 2,000,000 – 10,000,000 | 5% – 7% | Established startups |
This level design guarantees the highest accessibility to the beginners and at the same time facilitates bigger projects.
Key Benefits of the Scheme
The Asaan Karobar Scheme is associated with a number of benefits when a person desires to be financially independent.
It helps the youth to make their business ideas a reality at the least financial cost.
| Benefit | Details |
|---|---|
| Low Markup | Rates starting from 0% for small borrowers |
| Easy Requirements | Only CNIC, business plan & bank details needed |
| Large Loan Range | From PKR 100,000 up to PKR 10 million |
| Digital Application | Fully online with SMS updates |
| Youth Empowerment | Special focus on unemployed and skilled individuals |
These are some of the characteristics that make it one of the most accessible business loans program in Punjab.
Eligibility Criteria
The scheme encourages a very generous pool of people more so the young people of Punjab. You can apply if:
- You are between 18 to 45 years old.
- You have a valid CNIC and proof of residence in Punjab.
- You have a business idea or an existing small setup.
- You are not a loan defaulter.
- Your bank account (JazzCash/Easypaisa accepted for Tier 1) is active.
There is a preference of women, persons with disabilities, and skilled persons of TEVTA/NAVTTC.
How to Apply for the Asaan Karobar Scheme
The application process is simple, fast, and entirely digital.
Visit the Official Portal
Go to the Punjab Government Youth Loan Portal and create an account.
Fill Out the Application Form
Enter your CNIC, personal details, business information, and contact number.
Upload Required Documents
Attach your CNIC, business plan, educational/skill certificates, and bank details.
Await Verification
Your application will go through digital and bank-level checks.
Loan Approval & Disbursement
Once approved, the loan is sent directly into your bank account.
Latest Updates Asaan Karobar Scheme Punjab
- Youth have contributed to high demand in terms of loan distribution.
- New businesses, women entrepreneurs and freelancers are given priority.
- Guidance centers are also being introduced at the district level.
- The government is planning to make more training and mentorship available.
The Asaan Karobar Scheme Punjab 2026 is a significant move in the direction of making young entrepreneurs self-reliant in the sense that they can form their own companies. The government is providing the youth with opportunities to success by providing them with low-interest loans and an online system.
In case you have some idea of business or you want to grow in your work, this is the opportunity to apply.
