Last checked November 2026
For small and medium businesses in Punjab, the government's Asaan Karobar initiative offers loans through a fully digital process, run by the Punjab Small Industries Corporation with the Bank of Punjab. SMEDA, a federal authority, helps with business plans and pre-feasibility studies.
What to bring
- CNIC
- Business plan or details
- Business registration documents (if any)
- Bank account details
Take originals plus photocopies. Offices may ask for extra documents.
Your route
- 1
Prepare a simple business plan. SMEDA publishes free pre-feasibility studies you can adapt.
- 2
Compare Asaan Karobar Finance (SME loans) and Asaan Karobar Card (smaller interest-free loans, when registration is open).
- 3
Apply online through the official portal with your CNIC and business details.
- 4
Respond to the bank's verification and keep up with monthly instalments.
Tips & common mistakes
- Check whether registration is open. The Asaan Karobar Card has paused new registrations at times.
- Borrow only what your business plan can repay.
- Use the official helpline listed on the portal for questions.
Frequently asked questions
Do I need a registered business?+
Requirements differ by scheme. Startups may be eligible for some. Check the eligibility criteria on the official portal.
Fees, documents and timelines change, so Raasta deliberately doesn't quote fees. Confirm current requirements on the official website before you apply. Spotted something out of date?