Parwaz Card 2026 | Get Interest-Free Business Loans in Punjab Complete Guide
The Punjab government, under the leadership of CM Maryam Nawaz Sharif, has launched the Parwaz Card Registration Portal 2026. This initiative is a game-changer for young entrepreneurs and small business owners, offering interest-free loans (Qarz-e-Hasna) of up to PKR 30 Lakh.
Whether you want to launch a fresh startup or grow your existing shop or factory, the Parwaz Card provides the financial support you need without the burden of high interest rates.
Quick Overview of the Scheme
| Feature | Details |
| Loan Amount | PKR 500,000 to PKR 3,000,000 |
| Interest Rate | 0% (Interest-Free) |
| Target Group | Youth, Women, and Small Business Owners |
| Location | Punjab Province only |
| Apply Method | Online via PITB Portal |
| Official Site | punjab.gov.pk |
Is the Parwaz Card Portal 2026 Live?
Yes, the Punjab Information Technology Board (PITB) has officially opened the digital portal for applications. The entire process is handled online to ensure transparency and to eliminate middleman culture or bribery. This scheme is specifically designed for Punjab residents who need a financial push to become self-sufficient.
Understanding the Loan Categories (Tiers)
To help different types of businesses, the government has divided the loan into two main tiers:
- Tier 1 (Startup Support): This is for smaller needs, offering up to 5 Lakh rupees. It requires minimal documentation and is ideal for small shops or home-based businesses.
- Tier 2 (Business Expansion): This tier offers between 5 Lakh and 30 Lakh rupees. It is designed for those who want to set up factories, buy heavy machinery, or scale up a large business.
- Flexible Repayment: Borrowers get a comfortable time frame (3 to 5 years) to pay back the loan in easy monthly installments.
- Grace Period: You may also receive a few months of “rest time” before the first installment starts, allowing your business to generate profit first.
Who Can Apply? (Eligibility Criteria)
To qualify for the Parwaz Card, you must meet the following requirements:
- Residence: You must hold a Punjab Domicile.
- Age: Between 25 and 55 years old.
- Tax Status: You must be a Filer (NTN holder). This is a mandatory requirement.
- Credit Record: You should not be a bank defaulter (Clean e-CIB).
- Business Plan: You must have a solid and practical plan for how you will use the money.
Step-by-Step: How to Apply Online
Applying for the loan is simple. You can do it from your smartphone or computer by following these steps:
- Visit the official Punjab Government website at punjab.gov.pk.
- Navigate to the Parwaz Card Registration section.
- Register your account using your CNIC and a valid mobile number.
- Enter the OTP sent to your phone to verify your identity.
- Select your desired loan category (Tier 1 or Tier 2).
- Fill out the application form with accurate personal and professional details.
- Upload scanned copies of your CNIC, NTN Certificate, and Business Plan.
- Submit the form and save your Application ID for future tracking.
Key Benefits of the Parwaz Card
- No Hidden Charges: Since it is “Qarz-e-Hasna,” you only pay back exactly what you borrowed.
- Empowering Women: A special quota is reserved for female entrepreneurs to encourage women’s financial independence.
- Support for SMEs: Small and Medium Enterprises can use the funds to buy raw materials or upgrade technology.
- Real-time Tracking: You can log in anytime to check if your application is pending, approved, or under review.
Why Do Applications Get Rejected?
To ensure your loan is approved, avoid these common mistakes:
- Incorrect Information: Ensure your CNIC and mobile number match government records.
- Non-Filer Status: If you are not a tax filer, your application for Tier 2 will likely be rejected.
- Poor Business Idea: If the plan seems unrealistic, the system may flag it.
- Existing Defaults: If you have unpaid loans from other banks, you will not qualify.
Contact Information
If you face any technical issues while using the portal, contact the official helpdesk:
- Helpline: 0800-02345
- Email: [email protected]
- Location: PITB, Arfa Software Technology Park, Lahore.
Conclusion
The Parwaz Card 2026 is a golden opportunity for the people of Punjab to start their own journey toward success. By removing the burden of interest, the government is making it easier for everyone to do business. If you meet the criteria, don’t wait—register today and take the first step toward your dream business.
