Punjab No-Interest Business Loan PSIC Guide & Application Process Explained 2026. Punjab has introduced a new opportunity for small businesses, freelancers, and shopkeepers: 0% interest business loans backed by the Punjab Small Industries Corporation (PSIC).
If you want to expand your business without paying any markup, the Asaan Karobar Card (AKC) and Punjab Rozgar Scheme can help you access instant revolving credit—designed specially for SMEs in 2025.
This guide explains eligibility, application steps, fees, allowed usage, and everything you need to know before applying.
Punjab 0% Business Loan 2025
| Feature | Key Detail |
|---|---|
| Loan Type | Interest-free business loan / revolving credit |
| Maximum Limit (AKC) | Up to PKR 1,000,000 |
| Grace Period | 3 months before repayment |
| Repayment Tenure | 24 months after grace period |
| Processing Fee | PKR 500 (one time) |
| Annual Card Fee | PKR 25,000 + FED (deducted from loan limit) |
| Fund Usage | Vendor payments, inventory, utilities, taxes, POS |
| Restrictions | No personal shopping, no non-business cash transfers |
What Is Punjab’s No-Interest Business Loan Program?
In 2025, Punjab launched new business-support schemes to help small enterprises, micro-businesses, freelancers, shopkeepers, and startups. These schemes include:
- Asaan Karobar Card (AKC)
- Punjab Rozgar Scheme
- Other PSIC-supported financing tools
The highlight is simple: 0% interest loans with a revolving credit limit of up to 1 million rupees, helping entrepreneurs manage business cash flow easily.
The goal is to encourage entrepreneurship, reduce dependency on expensive private loans, and support digital, retail, and manufacturing sectors across Punjab.
Who Can Apply? Eligibility Criteria (2025)
To apply for the no-interest loan, you must:
- Be 21 to 57 years old
- Be a Punjab resident with your own CNIC
- Have a registered mobile number in your name
- Own or plan a business in Punjab
- Have clean credit history (no defaults)
- Submit only one application
- Register with PRA or FBR within 6 months of approval
These rules ensure the loan reaches genuine entrepreneurs who want to grow their income and business activities.
How to Apply for Punjab No-Interest Business Loan (AKC & PSIC)
Follow these steps to apply online:
Step 1: Visit the Portal
Go to:
- akc.punjab.gov.pk (Asaan Karobar Card)
- akf.punjab.gov.pk (other financing options)
Step 2: Create Your Account
Enter:
- CNIC number
- Mobile number
- Email address
Step 3: Fill the Application Form
Add:
- Business name & type
- Loan limit required
- Business location
- Experience or revenue details
Step 4: Upload Documents
You may need:
- CNIC (front/back)
- Business premises proof (rent agreement / ownership)
- Utility bill
- Bank statements (optional)
- Simple business plan
Step 5: Pay the Fee
A one-time PKR 500 processing fee.
Step 6: Digital Verification
Your data is checked through:
- NADRA
- Credit history
- Psychometric assessment
Step 7: Approval & Card Issuance
After approval, you’ll receive the Asaan Karobar Card.
It unlocks your revolving credit limit, which you can use for business expenses only.
Allowed & Restricted Uses of the Loan
Allowed for Business
- Vendor invoices
- Inventory and raw material
- Utility bills
- Official taxes and fees
- POS transactions
- Digital payments
- Up to 25% cash withdrawal for business needs
Not Allowed
- Personal shopping
- Cash transfers to non-business accounts
- Using full credit limit as cash
- Online shopping unrelated to business
Misuse can lead to loan cancellation or card deactivation.
Role of PSIC (Punjab Small Industries Corporation)
PSIC is the key institution behind the scheme. It ensures:
- Smooth application guidance
- Verification of business documents
- Coordination with banks and finance partners
- Support for new entrepreneurs
- Feasibility help for SMEs
They ensure that only genuine and deserving entrepreneurs receive the facility.
Contact Helpline for Assistance
If you need help:
- Official portals:
- akc.punjab.gov.pk
- akf.punjab.gov.pk
- Helpline: 1786 (toll-free)
Keep your CNIC and application ID ready for queries.
Conclusion
Punjab’s interest-free business loan programs, especially the Asaan Karobar Card, give small entrepreneurs a real chance to grow without financial pressure. With easy online registration, 0% markup, and PSIC support, 2025 is a strong year for business expansion in Punjab.
