Punjab Launches Business Finance Scheme with Rs 132 Billion Allocation!
The Punjab Government has launched new landmark mold-breaking schemes worth Rs 132 million under the Punjab Business Finances scheme designed to transform the business landscape in Punjab. Easy Business Finance Schemes and Asaan Karobaar Card Scheme will provide interest-free loans and easy access to capital to youth and entrepreneurs. This will not only support small and medium entrepreneurs but will also help strengthen the economy and increase exports. Jobs and opportunities will be created in Punjab and sustainable growth will be promoted.
If you also want to take advantage of these schemes, apply today and give your business a new lease of life!
Punjab Business Finance Scheme At RS 132 Billion
During a steering meeting in Islamabad on January 22, 2025, Punjab’s Government announced new initiatives to boost employment and small businesses. Chief Minister Maryam Nawaz Sharif launched the Punjab Easy Business Finance Scheme and Punjab Karobar Card scheme, in which 32 million has been allocated. The schemes aim to cross over to entrepreneurs and provide them with financial support to grow their businesses.
پنجاب حکومت نے ایزی بزنس سکیم کے لیے 84 ارب روپے سے زائد مختص کیے ہیں جو کہ پنجاب کا سب سے بڑا اور پہلا بزنس فنانس اقدام ہے۔ وزیر اعلیٰ مریم نواز شریف نے کہا ہے کہ اہل مستحقین کو 36 ارب روپے سے زائد کے بلاسود قرضے دیئے جائیں گے، جن میں سے 10 لاکھ روپے تک کے قرضے 30 ملین ممکنہ مستحقین کو دیئے جائیں گے۔ وزیراعلیٰ نے یہ بھی کہا کہ ایزی بزنس فنانس اسکیم کے تحت 5 سال کے دوران قرضوں کی آسان اقساط میں ادائیگی کی جائے گی۔ اس اسکیم کے تحت مرد، خواتین، خواجہ سرا اور خاص طور پر معذور افراد کو بھی مالی مدد ملے گی۔
Punjab Easy Business Finance Scheme Allocated At 84 Billion Budget
The Punjab government has allocated more than Rs 84 billion for the Easy Business Scheme, which is the largest and first business finance initiative of Punjab. Chief Minister Maryam Nawaz Sharif has said that interest-free loans of more than Rs 36 billion will be given to eligible beneficiaries, out of which loans of up to Rs 1 million will be given to 30 Million potential beneficiaries.
The CM also said that under the Easy Business Finance Scheme, loans will be repaid in easy installments over 5 years. Men, Women, transgenders, and especially disabled people will also get financial support under this scheme.
Applicants Can Apply Via akf.punjab.gov.pk:
Punjab Chief Minister Maryam Nawaz Sharif, while sharing the details of the Punjab Asan Business Finance Scheme, also said that the online application and details for the Easy Karobaar Finance scheme can be submitted on the dedicated web portal of Easy Business Finance Digital portal.
You can submit your application by visiting akf.punjab.gov.pk. This means that the Punjab Government has designed an easy and accessible process in which applicants can update their details and applications online.
This online portal akf.punjab.gov.pk is for those who want to take advantage of the Easy Karobaar Finance Scheme. This portal allows applicants to apply for the scheme easily and efficiently, which makes the process smooth and fast.
Rs 48 Billion Punjab Business Card Scheme
The Punjab Easy Business Card Scheme, which has an allocation of Rs 48 million, is designed to provide financial support to startups and small businesses. Through the scheme, entrepreneurs will get interest–free loans of up to Rs 1 million, which can be easily repaid within 3 years.
This scheme will help small businesses accelerate their growth, which will allow them to experiment with their operations and make their contribution to the economy. Through this, many opportunities will be mobilized in Punjab and job creation will be promoted. The Chief Minister said, “Men, women, transgender and special persons residing in Punjab can apply for the Easy Business Card.
Visit akc.punjab.gov.pk Portal for Easy Business Card Scheme:
You can apply for the Easy Business Card Scheme on the portal of akc.punjab.gov.pk. This is an online platform that helps the application applicants in registration and application processes for the scheme.
On this portal, you can submit your details and you can complete your application to avail the benefits of the Karobaar card. The portal is easy to use and it allows the applicants to press their application in a fast and efficient way.
Also Read: Ehsaas Kafalat 13500 Online Check
The online system provides businesses and startups with a very high level of time and precision, through which they can apply for financial support for their businesses while sitting at home.
Eligibility Criteria For Business Finance Scheme And Karobar Card
If you want to apply for the Easy Business Scheme, you have to meet some eligibility criteria. This scheme is for people who want to start a business and how much they want to expand their business. To get a loan for the Punjab Business Card Scheme, there are some specific eligibility criteria that you will have to fulfill. Applicants have to fulfill these requirements:
Karobaar Card Will Pay Vendors, Taxes, Bills, and Easily Retrieve Cash:
Maryam Nawaz Sharif highlighted that payments can be made to the vendors for purchasing raw materials through Easy Business cards. Government fees, taxes, and utility bills can also be paid with this card.
Another advantage of this card is that cardholders can also retrieve up to 25% of their total amount. This means that this card gives financial flexibility to business owners, with which they can manage their deliveries efficiently. This card will help them purchase raw materials, pay bills and taxes, and meet the cash requirement, which will prove to be a great miracle in boosting a business from the ground level to a higher level.
Toll-Free Helpline 1786 for Scheme’s Applicants Guidance
During the Punjab Easy Business Finance Scheme’s announcement in the chairmanship of Maryam Nawaz, a dedicated toll-free number 1786 was activated for the applicants of the Easy Business Fitness Scheme.
Via 1786 Helpdesk complete information and guidance about the application process can be obtained. If anyone has any confusion about the application processability or any other details, they can call this toll-free number and get help.
This initiative will help in making the application of the scheme easier and also in explaining the benefits and advantages of the scheme.
Scheme’s Role in Strengthening Economy and Job Creation
During the launch event of the Business Finance Scheme, it was said that this initiative is to promote self-employment and economic growth. CM Punjab concluded that “we want the youth to be encouraged towards self-employment”.
“It is the responsibility of the government to provide employment opportunities after education”. She also stated that this scheme will allow the youth to play an active role in strengthening the economy of Punjab and increasing the export infrastructure.
In the speech, she also highlighted that the main goal of this initiative is to promote self-employment and support small businesses in the province. This means that it is trying to provide financial and practical support to its members to start and grow their businesses so that every individual, especially the youth of Punjab, now has the opportunity to launch their own business and join this platform, enabling them to contribute to setting new records for their country.
Conclusion
Punjab’s Easy Business Finance Scheme and Easy Business Card Schemes have given entrepreneurs and youth a great opportunity to grow their businesses. The scheme is not only providing financial support to small businesses but is also helping to strengthen the economy and job creation.
Chief Minister Maryam Nawaz Sharif announced in Islamabad that the Punjab government has allocated a total of Rs 132 billion for this project, out of which Rs 84 billion has been allocated for the Easy Business Finance Scheme while Rs 48 billion has been allocated for the Easy Business Card Scheme.
