How to Apply for Punjab Rozgar Scheme 2020 with Online Form

Punjab government is launching the Punjab Rozgar Scheme 2020. In this loan scheme, 3 Billion Rupees will be distributed among citizens of Pakistan irrespective of their gender. This is an employment scheme initiated by the Government of Punjab under the supervision of Chief Minister Usman Buzdar. To apply one for this scheme you have to follow some steps, rules, terms, and conditions. In this article, you’ll learn about how to Apply for Punjab Rozgar Scheme 2020 with step by step procedure. Follow this link to open Punjab Rozgar Scheme online form. Let’s have a look at the method to apply for Punjab Rozgar Scheme 2020.

Scope of Punjab Rozgar Scheme

Punjab Rozgar Scheme will facilitate in terms of financial support to startups and existing businesses in Punjab with a special focus on COVID-19 hit businesses. The scheme emphasizes trade, service, manufacturing, agriculture, and livestock sectors.

Under Punjab Green Development Program financial support will also be provided to Micro and other enterprises that want to adopt resource-efficient and cleaner production technologies to improve environmental performance.

Who Can Apply

  • University/College Graduates with entrepreneurial skill
  • Diploma/Certificate holder from TVET having technical/vocational training.
  • Artisans and skilled workers
  • Existing Businesses
    (However, preference will be given to existing businesses in wake of the current COVID-19 pandemic)
  • Micro and other enterprises that apply for a loan to adopt resource-efficient and cleaner production technologies or any Green / Environment-friendly intervention to improve the environmental performance of their operations.

Eligibility Criteria

The following eligibility criteria will be adhered to process the loans under Punjab Rozgar Scheme:

  • Age: 20 to 50 years
  • Gender: Male / Female / Transgender
  • Resident: Citizen of Pakistan, Resident in Punjab, verified through CNIC
  • Business Location: Punjab
  • Business Type: Sole Proprietor, Partnership, or any business fulfilling other eligibility criteria
  • Must have a clean e-CIB / Credit History
  • For startups / new businesses
    • Having a viable business plan
  • For existing businesses
    • Having a viable business plan with a focus to sustain the impact of COVID-19
  • Having Valid CNIC
  • Any other parameter to be set by Punjab Small Industries Corporation (PSIC) / Government

Terms & Conditions

Loan limit
  • Upto Rs. 10.00 Million
    • Clean lending:  from Rs. 100,000/- to Rs. 1,000,000/-
    • Secured lending: from Rs. 1,000,001/- to Rs. 10,000,000/-

Under the Punjab Green Development Program, the limit of a loan will remain the same. However, preference will be given to the micro-enterprises, ready to adopt the environment improving technology, having up to 10 numbers of employees.

Purpose of loan
  • Setting up of new business
  • Balancing, Modernization and Replacement (BM&R) for existing businesses
  • Working Capital
MSME Sector
  • Manufacturing, Service, Trading, Agriculture, and Live Stock
  • (Environment Friendly / Quality Improving Micro Enterprises as defined above will also be considered under the Punjab Green Development Program)
Processing fee Rs. 2000/- (non-refundable) at the time of submission of application
Tenure of loan / Repayment Period From 02 to 05 years including a grace period
Grace period Up to Six (06) Months (However, the markup will be charged during the grace period)
Type of loan Term loan as per bank policy and working capital
Cost of Capital
Cost of Capital to be paid by Borrower:
  • 4% for clean lending
  • 5% for secured lending
Debt: Equity 80:20 (For males)

90:10 (Women, Transgender and Differently abled)

(Meaning thereby 20%  / 10% of the project cost will be invested by the borrower)

Disbursement of loans In installment(s) as per the approved business plan
Security of loan 1.      Security for Clean Lending

i.      Security for loan limit from Rs. 100,000/- to Rs. 500,000/-

Personal Guarantee of the borrower along with the net worth statement.

ii.      Security for loan limit from Rs. 500,001/- to Rs. 1,000,000/-

·     Personal Guarantee of the borrower along with at least one, Third Party guarantor with overall net worth collectively equal to the size of the loan applied.

(Third Party should be a citizen of Pakistan and resident of Punjab having a valid CNIC and must not be older than 55 years. Moreover, e-CIB of the third party should be clean i.e. it should not have any overdue or write off history)


·     Guarantee of Government employee of BS-10 and above along with a personal guarantee of the borrower.

(Departmental guarantee of the government employee will be mandatory)

Net Worth / Wealth Description and Calculation Criteria:

·     Net Worth may be in the form of Tangible Asset i.e Property or Vehicle ownership and may be assessed as follows:

a.    Property may be valued at respective DC rates.


b.   Property valuation may be established from the Wealth Tax statement.


c.    Evaluation by Pakistan Banks Association (PBA) approved evaluator/agent


d.   Vehicle valuation shall be invoice price less depreciation (10% for each passing year).

2.      Security for loan limit from Rs. 1,000,001/- to 10,000,000/-

Mortgage of Assets

Asset description

a.    Residential / Commercial / Industrial / Agricultural Property/vehicle has a clean title and clear access (acceptable to the bank) and valued by banks approved appraiser as per the bank’s policy.

b.   The property should be in the name of the borrower or blood relative of individual/proprietor/partners.

c.    Documentation shall be as per bank credit policy / legal division. Charge / hypothecation on fixed / current assets as per internal / external regulations.

Schedule of Charges

All the Schedule of Charges to be paid by the Applicant/Borrower will be as under:

Application Processing Fee Rs.2000/- (non-refundable) at the time of submission of application
Valuation / legal / documentation charges inclusive of revenue stamps, Government duties / fee etc. At Actual Rate
Insurance ( if applicable) At Actual Rate
Partial / Balloon / Early Settlement Charges NIL
Late Installment Payment Charges


Rs. 1 per 1000 per day on the principal amount to be calculated from monthly installment from the due date till the date of actual payment


Instructions Before Applying

You must have scanned copies / clear visible pictures of the following documents ready before you start your application:

  1. A picture with a complete face
  2. Front-side of CNIC
  3. Back-side of CNIC
  4. Latest Educational degree / Certificate, if and whatever applicable (Matric, Intermediate, Bachelors, Masters, Ph.D.), etc (if applicable)
  5. Experience certificate(s) (if applicable)
  6. License / Registration with Chamber or Trade Body (if applicable)
  7. Scanned Copy of Security Documents to be offered for availing Loan

You must have the following information handy before you start your application:

  1. National Tax Number(non-mandatory), in case you don’t have one please register at
  2. Consumer ID of Electricity bill installed at your current address
  3. Consumer ID of Electricity bill installed at your current office address (if applicable)
  4. Registration number of any vehicle registered in your name (if applicable)
  5. In the case of new business an estimate of Monthly business income, business expenses, household expenses, and other income
  6. In the case of existing business actual Monthly business income, business expenses, household expenses, and other income
  7. Name, CNIC, and Mobile numbers of Two References other than a Blood relative

Please note:

  • This application shall take at least 15 minutes to complete subject to the availability of the above-listed information/documents.
  • You may complete the form in one go or in trenches by saving uploaded sections and submit at any time
  • After submission of the application, no change/amendment shall be allowed
  • Please upload as much information as you have e.g. Financial Statements, Business Feasibility, Last 6 months Bank statement, etc. This shall help to better evaluate your application
  • Once the form is submitted, your Application Registration Number (ARN) shall appear on the screen and you will also receive an SMS stating the same, please keep it saved
  • Please visit the nearest branch of The Bank of Punjab (BOP) along with Application Registration Number (ARN) in order to deposit the processing fee of Rs. 2,000/- after which processing of your application will start
  • To find the nearest branch of The Bank of Punjab (BOP), please visit this link (
  • You will receive SMS once your application moves to the next stage of the process, however, you may check the application status on this Link as well (


To conclude the above discussion, I can say that this is a remarkable step taken by the Punjab government. To minimize the unemployment rate in the province this would be a milestone.

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