Punjab Rozgar Scheme: Subsidized Business Finance

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

Punjab’s Industries, Commerce and Investment Department describes Punjab Rozgar as business finance at subsidized markup, including published rates of 4–5 percent. It should not be presented as universally interest-free. Confirm the current product, loan range and repayment conditions with PSIC and the participating bank before applying.

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.

Verify fees and avoid fake approval agents

Verify every charge against the current official product terms. An agent demanding money for guaranteed approval is different from a documented programme application charge. Pay only through a verified official route and retain the receipt; do not rely on a blanket claim that every scheme is fee-free.

Compare the appropriate finance route

Punjab Rozgar and the federal PM Youth loan scheme use different programme arrangements. Compare each product’s current eligibility, markup, repayment and application conditions before choosing a route.