Assan Karobar Finance Scheme 2025 – Interest-Free Loans for Punjab Entrepreneurs

The Punjab Government has launched the Assan Karobar Finance Scheme 2025 to empower small businesses with interest-free loans. This initiative aims to boost job creation and reduce poverty in Punjab, supporting youth and entrepreneurs. The scheme provides easy access to loans without interest to kickstart or expand small businesses, create self-employment opportunities for women and youth, and encourage entrepreneurship. The loan categories include Small Startup Loan, Expansion Loan, and Growth Loan, with repayment periods of 2-3 years and 0% markup. Eligible applicants must be Punjab residents aged 20-50, with a valid CNIC, a business plan, and no financial defaults. Required documents include CNIC copy, proof of residence, business plan, guarantors, and bank account details. The application process involves online registration, verification of documents, and transparent loan approval and disbursement. The scheme benefits Punjab’s economy by empowering youth, including women, and supporting SME growth in rural areas. The scheme offers 0% interest, wide coverage, government backing, and digital transparency. FAQs address loan amounts, eligibility, collateral requirements, repayment period, and special quota for women applicants.

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