Punjab Rozgar Scheme: Interest-Free Business Loans Explained

A provincial scheme, not a BISP programme

The Punjab Rozgar Scheme is run by the Punjab Small Industries Corporation (PSIC), a provincial body — it is entirely separate from BISP, 8171, or Ehsaas. It is worth knowing this distinction because it means checking your BISP status will tell you nothing about a Rozgar application, and vice versa.

What the scheme offers

The scheme provides interest-free loans intended for small business setup or expansion within Punjab, generally aimed at residents who meet the province's eligibility criteria (age, residency, and business-plan requirements). Exact loan tiers and criteria are set by PSIC and can be revised between application rounds, so treat any specific figure you see online as provisional until confirmed on the official portal.

How to apply

Applications are submitted through PSIC's official Rozgar portal, where you will typically need to describe your proposed business, provide identity documents, and meet Punjab residency requirements. Read the current round's opening and closing dates carefully, since the scheme accepts applications in windows rather than continuously.

• Confirm your eligibility criteria and required documents on the official PSIC Rozgar portal before starting.
• Prepare a realistic business description with an estimate of setup cost and expected repayment capacity.
• Keep a copy of your submission reference number.

Avoiding a fake 'Rozgar agent'

As with any interest-free loan scheme, expect impersonation attempts promising guaranteed approval for a fee. PSIC does not charge an application fee to be considered, and a genuine officer will never ask you to pay to 'unlock' loan approval.