CM Punjab Asaan Karobar Finance New Update
After reading our information you can able to easily apply Punjab Asaan Karobar Finance Latest News with easy installments that the people easily pay the installment. This scheme is the best opportunity for the people of Punjab to get benefits in this scheme. Let’s click the easy step to apply for CM Punjab Asaan Karobar Finance Scheme and eligibility criteria read carefully. We will guide you with complete information. In this website you can get the information of Punjab Asaan Karobar Finance Latest News with complete guide.
The Terms Submission Of The Application
Punjab Asaan Karobar Finance Latest News
- Sign up the application form.
- You have a mobile number and make sure the mobile number is registered in your own name.
- you can complete the application form in one time or save in dart for the submission letter.
- The registration of applications takes at least 15 minutes.
- upload true information and as possible ( business feasibility, and financial statements.)
- After submitting the application the registration number shows on your screen and sends via SMS.
- You receive sms updates and you can check the status on the website.
- Tier 1 application submission fees 5,000/-PKR.
- Tier 2 application submission fees 10,000/- PKR.
- Fees is non-refundable.
Before proceeding with your application, ensure you have the following ready for the Asaan Karobar Finance Scheme.
Punjab Asaan Karobar Finance Latest News
- Make sure your mobile number is registered with your CNIC—it’s a must!
- Active tax filer status is required.
- Provide names, CNIC copies, and mobile numbers of two references (non-blood relatives).
- Provide accurate records of your business earnings and expenditures, if applicable.
- Confirm that you meet all eligibility criteria before applying.
- Ensure the application fee is available at the time of submission.
- Ensure you have the required documentation (Rent Agreement, Transfer Letter, or Registry) for both your business and residential addresses. Verify that you meet the application requirements.
- Provide the necessary details of security for T2 loans, including but not limited to Property Transfer Letter, Registry, Fard, or Government Securities.
Online Application Process for Asaan Karobar Finance Scheme: Step-by-Step Instructions
Punjab Asaan Karobar Finance Latest News
Loan Purpose Details
- Funding for New Business Startups
- Business Growth: Funding for Expansion, Modernization, and Working Capital
- Leasing for Your Commercial Logistics Needs
- RECP Technologies: Sustainable and Climate-Conscious Business Solutions
Eligibility Requirements
- For Small Businesses with Annual Sales Up to PKR 150M
- Medium-Sized Businesses with Annual Revenues Between PKR 150 Million and PKR 800 Million
- Applicants Aged Between 25 and 55 Years
- Active Taxpayers with Clean Credit History (FBR Filers)
- Residence and Business Must Be Located in Punjab
- Valid CNIC and National Tax Number (NTN)
- Applicant Must Own or Lease the Current Business Location
Loan Application Details
- First, finish the “Personal Information” form, then head over to “Loan Details.
- Choose when your business started, then select a loan Tier: Tier-1 (PKR 1M–5M) or Tier-2 (PKR 6M–30M).
- Input your required loan amount and select the loan duration.
- Enter your equity details here—just for Leased Assets and Tier-2 Loans.
- Now, add the security you’re offering—only for Tier-2 loans.
- Last step—click “Add Row” to fill in your credit history.
- Click “Save” first, then move ahead with “Next.
Ownership Investment
- A 0% equity contribution is required for Tier-1 loans, except for leased commercial vehicles.
- Leased vehicles require a 25% equity contribution.
- All other loans under T1 and T2 need a 20% equity contribution.
- It’s 10% equity for females, transgender persons, and differently-abled individuals.
Terms of Loan Repayment
- You’ll repay in equal monthly installments, as per the approval details.
- Late payments will incur a charge of PKR 1 per 1000 for each day they are overdue.
Additional Fees
- Processing Fee
- It’s free to set up a new business.
- The annual rate for existing businesses is 3%.
- There are no yearly charges for climate-friendly businesses in Tier-2.
- Insurance, legal, and registration charges will depend on the actual costs.
Conclusion
Punjab Asaan Karobar Finance Latest News CM Punjab Asaan Karobar Finance Scheme offers the small and medium enterprises the best benefits for this scheme. The interested people follow these instructions as given below step by step for Punjab Asaan Karobar Finance Latest News.
