The Punjab Rozgar Scheme is the province’s business loan programme, run by the Punjab Small Industries Corporation (PSIC) with the Bank of Punjab: loans from Rs 100,000 to Rs 1 crore (Rs 10 million) for residents who want to start a business or expand an existing one, at subsidised terms the commercial market does not offer to small borrowers. Smaller loans up to Rs 10 lakh are clean, meaning no property mortgage; larger loans are secured. The scheme now sits alongside the Chief Minister’s Asaan Karobar products. This page explains the categories, who qualifies, and how to apply through the official PSIC portal.
| Fact | Detail |
|---|---|
| Scheme | Punjab Rozgar Scheme (PSIC with the Bank of Punjab) |
| Loan | Rs 100,000 to Rs 1 crore (Rs 10 million) |
| Clean financing | Rs 100,000 to Rs 10 lakh, without a property mortgage |
| Secured financing | Rs 10 lakh to Rs 1 crore, against security such as property |
| Age | 20 to 50 years |
| Apply | Online at rozgar.psic.punjab.gov.pk; processing fee Rs 2,000 (non-refundable) |
| Who | Punjab residents with a viable new business plan or an existing enterprise |
| Also running | CM Asaan Karobar Finance (up to Rs 3 crore) and Asaan Karobar Card (up to Rs 10 lakh) via akf.punjab.gov.pk |
The Two Loan Categories
| Category | Loan range | Security | Suits |
|---|---|---|---|
| Clean financing | Rs 100,000 to Rs 1,000,000 | No property mortgage; personal guarantees and business checks | Freelancers, shopkeepers, home-based businesses, small startups |
| Secured financing | Rs 1,000,001 to Rs 10,000,000 | Security required, typically property mortgage | Established SMEs, manufacturers, traders expanding premises or machinery |
Terms are subsidised: the smallest tier has historically carried interest-free or near-zero markup, with low single-digit subsidised markup on larger loans. Because rates are set per product cycle, the portal shows the exact markup and tenure for your category before you submit, and that figure, not any third-party summary, is the one to plan around.
The Asaan Karobar Products
The Rozgar umbrella now also carries the Chief Minister’s Asaan Karobar Finance, launched in January 2025 through the same PSIC and Bank of Punjab partnership: business finance up to Rs 3 crore for startups and medium enterprises, and the Asaan Karobar Card, a credit line up to Rs 10 lakh for small traders and freelancers’ daily operations. Applications for the Asaan Karobar products run through their own window at akf.punjab.gov.pk. If your need is above the Rozgar secured ceiling or you want a revolving card limit, that is the door to use.
Who Can Apply for Punjab Rozgar?
- A Pakistani citizen and permanent resident of Punjab, with a valid CNIC.
- Aged 20 to 50 years (some professional categories extend higher).
- A workable business idea with a plan, or an existing small or medium enterprise to expand.
- A clean credit history: no bank or microfinance default on your e-CIB record.
- Basic education or a vocational skill relevant to the business is preferred.
Students, freelancers, traders, artisans and service providers can all apply; the scheme judges the business case and the borrower’s record, not the sector.
How to Apply Online
- Open the official portal rozgar.psic.punjab.gov.pk and create your account with your CNIC and mobile number.
- Choose your category (clean or secured) and fill in the business plan: what the money buys, expected income, and how the loan is repaid.
- Upload the documents asked for, typically CNIC, domicile or residence proof, business evidence, and bank statements where applicable.
- Pay the processing fee of Rs 2,000 (non-refundable) through the stated channel.
- PSIC reviews the application, and the Bank of Punjab runs credit checks and may visit or call to verify the business.
- On approval, the loan is disbursed through the Bank of Punjab under the agreed terms.
Processing typically takes a few weeks; incomplete business plans are the most common cause of delay, so put real numbers in the plan rather than round guesses.
Punjab Rozgar Scheme: FAQs
From Rs 100,000 to Rs 1 crore. Loans up to Rs 10 lakh are clean financing without a property mortgage; larger loans up to Rs 1 crore are secured. Under the Asaan Karobar products, finance reaches Rs 3 crore and the card limit Rs 10 lakh.
Punjab residents aged 20 to 50 with a valid CNIC, a viable business plan or an existing enterprise, and a clean credit history with no defaults.
Online at rozgar.psic.punjab.gov.pk. Create an account, choose your category, complete the business plan, upload documents and pay the Rs 2,000 processing fee. PSIC reviews and the Bank of Punjab verifies before disbursement.
Terms are subsidised rather than commercial: the smallest tier has carried interest-free or near-zero markup and larger loans carry low subsidised markup. The portal shows the exact rate for your category before you submit.
Rs 2,000, non-refundable, paid through the channel stated on the portal during application. Pay no one else; there are no agent charges in this scheme.
Yes. The scheme covers both new startups with a sound plan and existing SMEs expanding, recovering or adding machinery or stock.
Before you apply, take an hour to check your CNIC details, gather your domicile and business evidence, and write down realistic monthly sales and costs for the first year. A clear plan not only speeds up PSIC review and Bank of Punjab verification; it also helps you judge whether the loan size and repayment schedule fit your cash flow once trading starts. If you are unsure which category fits, start with the clean tier for a smaller first borrowing and expand later through secured finance or an Asaan Karobar product when your records support a larger amount. Keep copies of everything you submit, note your application reference, and respond promptly to any verification call or visit. Small, steady preparation beats a rushed application, especially when a bank visit or document check is part of the process. Use only the official portals named on this page, and do not pay anyone who claims to arrange approval, since the scheme charges only the stated processing fee.
Keep exploring: Business Loan Schemes · Punjab Schemes · All Government Schemes
Last updated: November 4, 2026.