Punjab Karobar Card Loan Scheme: Online Application, Eligibility & Requirements

Chief Minister of Punjab, Mariyam Nawaz is initiating a new and very assistive initiative for the youth and entrepreneurs to rise in their fields and stabilize their future by investing in small and large Businesses. This time Punjab government has brought one of the most innovative initiatives for providing employment to the youth and securing their future.

Punjab Karobar Card Loan Scheme has been approved by Maryam Nawaz and now all the eligible people can apply for the Karobar Scheme loans that is starting from 100,000 Rs to 30 Million Rupees, this mean that now anyone who wants to start their business and small level can also apply and the person who wants to start their medium business can also apply for the Punjab Interest-free Karobar loans.

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CM Karobar Card Scheme 2025 Update

Through the Karobar Card Loan Scheme, the Punjabi government has announced a bold plan to combat unemployment and promote economic expansion. The goal of this initiative is to give Punjabi youngsters significant interest-free loans so they can start small and medium-sized enterprises.

کرونا کارڈ لون سکیم کے ذریعے، پنجابی حکومت نے بے روزگاری سے نمٹنے اور معاشی وسعت کو فروغ دینے کے لیے ایک جرات مندانہ منصوبے کا اعلان کیا ہے۔ اس اقدام کا مقصد پنجابی نوجوانوں کو اہم بلاسود قرضے دینا ہے تاکہ وہ چھوٹے اور درمیانے درجے کے کاروبار شروع کر سکیں۔ اس پروگرام سے صوبے کی معیشت میں انقلاب برپا کرنے اور نوجوان کاروباری افراد کو بااختیار بنانے کی امید ہے۔ یہاں اس اختراعی پروگرام کے مندرجات پر گہری نظر ہے۔

The program is expected to revolutionize the province’s economy and empower young entrepreneurs. Here’s a closer look at the contents of this innovative program.

Important Features Of Karobar Card Scheme: Small & Medium Loans

The Karobar Card Loan Scheme was purposefully created to alleviate the financial difficulties Punjab’s jobless young endure. It provides loans in two different categories:

Small Business Loans
- Loan amount: Rs. 1 Lakh to Rs. 10 Lakh.
- Purpose: To support young entrepreneurs in launching small-scale businesses.
Medium-Sized Business Loans
- Loan amount: Up to Rs. 30 Lakh.
- Purpose: For those looking to establish medium-sized enterprises.

Loan Type	Amount Range	Eligibility	Repayment Period
Small Business Loan	Rs. 1 Lakh – Rs. 10 Lakh	Unemployed youth with business ideas	5 years
Medium Business Loan	Up to Rs. 30 Lakh	Individuals aiming for medium ventures	5 years

Online Application Process In Punjab Karobar Card Scheme

The “Karobar Card” loan application process is incredibly straightforward and easy to finish. To apply, take these actions:

Go to the official website: Visit http://rozgar.psic.punjab.gov.pk/rozgar/register, the Punjab Small Industries Corporation’s (PSIC) official website.
Complete the application: Give the necessary information about your company, such as its name, nature, and scale.
Send in the necessary documents: Provide the required paperwork, such as proof of business registration and a thorough business plan outlining the loan’s objectives.
Send in Your Application: After entering all the necessary information, submit your application. Eligible candidates will be notified of loan acceptance following review.

You can apply for a Karobar Card loan by following these steps, which could help you get the money your company needs.

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Asan Karobar Eligibility Criteria

This initiative has been started for a very important purpose that focuses mainly on the unemployment and loans disbursement, however not everyone can apply for this scheme.

These people are eligible to receive the Government Support For their Small Business under Asan Karobar Scheme:

must be a Punjabi resident.
must be between the ages of 18 and 40 and unemployed.
A comprehensive and workable company plan must be presented.

Essential Documents Required In Asan Karobar program

Following are the list of essential paperwork that are required for Asan Karobar Card scheme:

CNIC Card
Proof of Residence: Utility bills, rent agreement, or domicile verifying Punjab residency.
Business Registration Proof in Punjab
Business Plan
Past 6 months’ bank transaction history.
Income Proof
Application for Loan
Photographs: Recent passport-size photographs of the applicant.
Tax Documents: NTN or proof of tax filing, if applicable.

Benefit Of CM Karobar Card Scheme

The Punjab Asan Karobar Loan Scheme is beneficial in many ways, including:

Promotes Entrepreneurship: Provides easy access to capital, encouraging youth to start their own businesses.
Drives Economic Growth: Boosts Punjab’s economy by fostering the creation of new enterprises.
Reduces Unemployment: Helps tackle joblessness by supporting self-employment opportunities.
Empowers Marginalized Communities: Ensures financial inclusion for women, minorities, and underserved groups.

Conclusion

The Punjab Karobar Card Loan Scheme is a groundbreaking initiative by the Punjab government aimed at empowering youth and entrepreneurs by providing interest-free loans. With loan amounts ranging from Rs. 100,000 to Rs. 30 million, this scheme offers an incredible opportunity for individuals to start or expand their businesses, promoting economic growth and reducing unemployment in the province.