The Punjab Government has recently shared an important update regarding the Assan Karobar Finance Scheme and Assan Karobar Card. Under the leadership of Chief Minister Maryam Nawaz, a special meeting was held in Lahore where she issued strong instructions to speed up the loan application process for all pending cases. This move comes as part of the government’s ongoing efforts to promote small businesses and support economic growth in Punjab.
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Loan Application Process to Be Fast-Tracked
Chief Minister Maryam Nawaz emphasized that the loan approval and disbursement process should be completed as soon as possible. She clearly stated that the Assan Karobar Finance Scheme and Assan Karobar Card Program must continue without any delays. During the meeting, the CM demanded a specific plan for providing loans to the export and manufacturing sectors.
Officials presented a detailed briefing in the meeting, revealing that loans worth Rs. 23.91 billion have already been issued to help new businesses. In a major achievement for women’s empowerment, 6,753 women entrepreneurs have received Rs. 3.42 billion in loans to start or expand their businesses.
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Easy Loan Activation Through WhatsApp
Another big relief for the public is that the Assan Karobar Card can now be activated via WhatsApp. This step will make it much easier and faster for beneficiaries to access funds and services using their mobile phones. The use of digital platforms reflects the government’s commitment to providing modern, accessible, and efficient financial services.
CM Assan Karobar Finance Scheme: Key Stats
Under the Chief Minister Assan Karobar Finance Scheme, 3,010 people have already received Rs. 18 billion in loans. In total, more than 104,000 individuals have been provided loans worth Rs. 43 billion under different tiers and components of the scheme.
Here are the application and approval statistics:
- 74,579 applications were received under the CM Assan Karobar Finance scheme, out of which 2,505 were approved and disbursed.
- Under Tier 2 of the same scheme, 12,029 applications were received, and 505 were approved.
- The Assan Karobar Card Scheme received 1,380,838 applications, of which 104,133 were approved.
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Sector-wise Loan Distribution
The scheme supports a wide variety of sectors. Here’s a breakdown:
- Transportation Business: Over 13,012 individuals received loans worth Rs. 3.91 billion.
- Trading and Distribution: 175 people secured loans of around Rs. 3.94 billion.
- Service Providers: 61,996 people benefited from loans worth Rs. 26.13 billion.
- General Trading: 24,522 individuals got loans totaling Rs. 10.75 billion.
- Agri Small Business: 10,699 people received Rs. 3.69 billion in financial assistance.
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Government Clear Message
CM Maryam Nawaz made it very clear that this program should not be stopped under any circumstances. The success of the scheme so far shows that small businesses and local entrepreneurs are getting the support they need. By providing financial resources and digital tools like WhatsApp activation, the government aims to build a strong and self-reliant economic base in Punjab.
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Final Thoughts
The Assan Karobar Card Scheme and Finance Program have become a lifeline for thousands of individuals in Punjab who want to start or expand their businesses. With billions already distributed and more to come, this scheme is opening doors for job creation and economic stability. The new update about fast-tracking the loan process and the ability to activate the card via WhatsApp is a major step forward. If you’re planning to apply, now is the best time to take advantage of this golden opportunity.