CM Punjab launches interest free loan for Business via Asaan Karobar

CM Punjab has launched a scheme to help businesses, or to grow businesses for middle-class people and help their businesses via Asaan Karobar. She said that the aim and priority is to target young people with this loan and help them to grow their income and business. 

Asaan Karobar is an interest-free loan introduced through a finance card, which will be provided to those who qualify for the scheme. Moreover, the government of Punjab has relaxed some conditions to qualify for a loan; for example, first it required a license and NOC, which have been withdrawn so that it is easy for small businesses to apply.  

The loan scheme provides 1 million to 30 million PKR for financing and growing businesses, and repayment terms are made easy and hassle-free so that it is easy to pay back the loan, and the loan is interest-free. The loan targets SMEs, small businesses, and people who need solar panels for their businesses.