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The Government of Punjab has launched Phase 2 of the Asaan Karobar Finance Scheme 2025, continuing its mission to support small and medium enterprises (SMEs) with interest-free loans. Phase 2 brings new improvements, bigger loan amounts, expanded eligibility, and easier access for more entrepreneurs in Punjab.
Phase 2 aims to reach more businesses across priority sectors, accelerate job creation, and boost climate-friendly technology adoption. This phase includes increased loan ceilings, special incentives for women, transgender, and differently-abled persons, and simplified application procedures.
What's New in Phase 2
- Loan limits increased – Tier 2 loans may now go up to PKR 50 million under certain conditions.
- Special discount on equity contribution for female, transgender, and differently-abled applicants.
- Faster approval time – streamlined process.
- Additional sectors included: renewable energy, clean tech, agro-business expansion.
- More branch and online access centers in rural districts.
Loan Purposes (Phase 2)
Loans in Phase 2 can be used for:
- Startup and new businesses.
- Expansion or modernization of existing businesses.
- Working capital.
- Commercial leasing (equipment, vehicles).
- Environment-friendly or RECP technologies.
Updated Eligibility Criteria
Applicants must meet:
- Small Enterprises: annual sales up to PKR 150M.
- Medium Enterprises: annual sales between PKR 150M and PKR 800M (possibly extended for specific sectors).
- Age 25-55 years.
- Active FBR tax filer with clean credit history.
- Business and applicant located in Punjab.
- Valid CNIC, NTN, and business premises (owned or rented).
Loan Details Phase 2
| Tier | Loan Amount (PKR) | Security | Tenure (up to) | End-User Rate | Processing Fee (PKR) |
|---|---|---|---|---|---|
| T1 | 1M – 10M | Personal Guarantee | 5 years | 0% | 5000 |
| T2 | 10M – 50M | Secured | 5 years | 0% | 10,000 |
Grace Period & Equity Contribution (Phase 2)
- Grace period: Up to 6 months for startups / new businesses; 3 months for existing businesses.
- Equity Contribution:
- 0% for Tier 1 (excluding leased vehicles)
- 25% equity for leased commercial vehicles
- 20% for other Tier 1 & Tier 2 loans
- 10% for female, transgender, and differently-abled persons
Repayment and Additional Terms
- Monthly equal installments.
- Late Charges: PKR 1 per 1,000/day on overdue amounts.
- Additional Costs: Handling fees, insurance, legal fees, registration charges.
- For climate-friendly businesses in Phase 2 Tier 2 – NO handling or interest-like costs.
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How to Apply in Phase 2
- Visit the official Phase 2 portal: CM Punjab Asaan Karobar Phase 2 Finance.
- Click on “Apply Now (Phase 2)”.
- Enter CNIC, NTN, business registration, and income details.
- Submit documents: CNIC copy, business proof, financial records, proof of premise.
- Track your application through the dashboard once submitted.
FAQs – Phase 2 Asaan Karobar Finance
What is the maximum loan in Phase 2?
Under Phase 2, Tier 2 loans may go up to PKR 50 million for qualifying sectors.
Do women and transgender persons get lower equity contribution?
Yes, under Phase 2, female, transgender, and differently-abled persons benefit with 10% equity contribution.
Are climate technologies also supported in Phase 2?
Yes, Phase 2 includes RECP and other environment-friendly technologies with special incentives.
Is interest still zero percent?
Yes, the scheme remains interest-free under Phase 2.
How long is the grace period for existing businesses?
Existing businesses continue to get up to 3 months grace period in Phase 2.
Final Thoughts
Phase 2 of the CM Punjab Asaan Karobar Finance Scheme offers more opportunities, increased loan limits, and special support for underrepresented groups. This is an ideal time for small businesses and entrepreneurs to benefit from 0% interest and contribute to Punjab’s growth. If your business qualifies, apply today and make the most of Phase 2.
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