Maryam Nawaz has launched a fantastic initiative called the Maryam Nawaz Loan Scheme to support entrepreneurs. This program provides interest-free loans of up to Rs. 30 million to provide financial relief to entrepreneurs and help them establish or expand their businesses. Whether you want to start a new business or expand an existing one, the scheme offers you interest-free loans, meaning that you only pay the amount of money you borrow with no extra charges.
Two Exciting Loan Options
Assan Karobar Finance Scheme
- Loan amount: up to Rs. 30 million
- Repayment Method: Up to 5 years
- Interest: Zero ( no extra money to pay)
- Age Eligibility: 25-55 years
Assan Karobar Card
- Loan amount: Up to Rs. 1 million
- Repayment Period: 3 years
- Interest: Zero
- Age Eligibility: 21-57 years
Loan Tiers, Equity Contribution & Additional Costs
| Tier | Loan Amount | Security Required | Processing Fee | Equity Contribution | Handling Fee |
| Tier 1 | Rs. 1 million to 5 million | Personal guarantee (unsecured) | Rs. 5,000 | 0% for most businesses (except leased commercial vehicles, which require 25%) | NIL for new businesses |
| Tier 2 | Rs. 6 million to 30 million | Collateral required (secured) | Rs. 10,000 | 20% generally; reduced 10% for women, transgender, and differently-abled persons | 3% per annum for existing businesses; NIL for climate-friendly businesses |
Equity Contribution Details
Most businesses under Tier 1 require 0% equity contribution, except leased commercial vehicles, which need 25% equity.
Tier 2 secure loans require a 20% equity contribution normally.
A reduced 10% equity contribution is offered to serious transgender individuals and disabled people to promote their business.
Additional Costs
Handling Fee: No handling fee for new business settlers, making it easier to access funds. Existing businesses pay an annual 3% handling fee.
Climate-Friendly Businesses: Businesses adopting sustainable practices under Tier 2 enjoy a NIL handling fee to encourage eco-friendly investments.
Insurance, legal, and registration charges are applied based on actual cost, ensuring transparency.
Repayment Method
Loans are repaid in equal monthly installments over a 10-year term
grace period: up to a 6-month grace period for start-ups and new businesses, and up to 3 months for existing businesses.
Late charges: Late fees of PKR1 per 1,000 rupees per day apply on overdue payments, encouraging timely payment while remaining fair.
Eligibility criteria for the Maryam Nawaz Loan Scheme
The eligibility criteria are given below:
- Candidate must have a Valid CNIC and NTN Registration
- Age: Applicant must be between 20 to 25 years old
- Tax File: must be an active FBR Tax Filer
- Clean Strategic History: A clean financial record is required for both parties to gain a loan
- Business Location: The business must be based in Punjab because this loan scheme is only reserved for the people of Punjab
- Additional Documents: Applicant must provide the necessary business documents such as the feasibility record, land ownership details, and rent agreement.
Priority would be given to Women, disabled persons, and transgender individuals to get extra support.
Apply Online for Maryam Nawaz Loan Scheme
Step 1. Visit the official website and click Apply for Assan Karobar Finance.
Step 2. Read the instructions to proceed.
Step 3. Register by entering your details, including your CNIC, NCN, and contact information, and creating a password.
Step 4. Provide details by choosing your loan type, amount, tenure, and business establishment date.
Step 5. Enter detailed business information, name, contacts, employees, financial status, and credit history.
Step 6. Submit references known relative for verification.
Step 7. Upload all required documents clearly and submit your application.
Current Status and Future Outlook
Tier 1 Application: Small loans are currently closed but will open soon. Stay updated via the official website
The Government of Punjab is considering launching Phase 2 in 2025-26, to disburse Rs. 100 billion to support 24,000 SMEs, to further boost economic growth and employment.
Total funding allocated for loan disbursement is Rs. 379 billion, making this one of the largest entrepreneurial support programs in the region.
How to check your application status
To visit the application portal
Click Check Status
Type your application number to check the current status.
Need help?
Call the free helpline at 1786 during office hours.
Support available in Urdu and English.
What business can you fund?
Small retail shop, grocery, clothing, etc.
Agriculture and livestock
Technology and computer services
Transport and delivery services
Food and category business.
Tips for success
- Prepare a fair retail business plan.
- Demonstrate your ability to repay the bill.
- Be honest and thorough in your application.
- Submit all required documents properly.
- Follow up regularly on your application status.
Final Thoughts:
Maryam Nawaz Loan Scheme, through its Asan Karobar Finance and Asan Karobar Card program, offers a real chance to increase interest-free funding with flexible terms. It’s a powerful tool to help you launch your business and contribute to Pakistan’s economy, and improve your family’s lifestyle. Prepare your documents, refine your idea, and apply as soon as the application reopens.
Good luck with your entrepreneurship!
FAQs:
Is there any application deadline for CM loans currently?
There is no fixed deadline. Applications are processed on a rolling basis. Yes, but this may change.
What if I make a mistake in my application?
Contact the helpline immediately. Some information can be corrected, but you may need to submit a new application.
Do I need collateral for small loans?
No, tier 1 loans up to 5 million don’t require collateral, only a personal guarantee.
What will happen if I miss a payment?
You will be charged Rs 1,000 per day as a late fee. Continued default may affect your credit score.
Can I pay back the loan early?
Yes, early payment is usually allowed and may save you from potential late fees.
Is there a minimum loan amount?
Yes, the minimum is Rs 1,000,000 for tier 1 and Rs 6,000,000 for tier 2.
What if I don’t have an NTN?
You must get an NTN from FBR before applying. It’s required for all business loan applications.
Can I change my business plan after getting the loan?
Major changes require approval from the loan officers. Minor adjustments are usually acceptable.
Is the CM Punjab Loan scheme online application available now?
Yes, the online application system is active. Visit the official CM Punjab Asan Karobar Finance website to apply.
Where can I find the online login portal?
Go to the official CM Punjab Asan Karobar Finance website and look for the Apply Now or Login button on the homepage.
Can I apply for Tier 1 right now?
Currently, tier 1 applications are closed according to official sources. Only tier 2 applications are open.
When will tier 1 applications open again?
The government hasn’t announced an official reopening date. Check the official website regularly or call Helpline 1786 for updates.
Are there alternative schemes if this one is closed?
Look into the Asan Karobar card up to Rs. 1 million or other provincial or federal business loan schemes.
Is there a maximum number of applications they accept?
Yes, applications close when the allocated quota is reached, which is why they close tier 1 periodically.
