Parwaz Card for Overseas Students: Apply for Interest-Free Loans Up to 3 Million Now. The Government of Punjab, under the leadership of Chief Minister Maryam Nawaz, has taken a transformative step towards empowering Pakistani students living abroad through the Parwaz Card Program 2025. This groundbreaking initiative offers interest-free loans up to Rs. 3 million to overseas students, providing them with the financial support necessary to establish or expand businesses in Punjab. By facilitating access to interest-free loans and supporting initiatives like the Asaan Karobar Scheme 2025, the Punjab government is paving the way for young entrepreneurs to contribute to the economic development of their homeland.
Parwaz Card For Students Living Abroad
Overseas Pakistani students often possess innovative business ideas and the skills needed to make them a reality. However, financial constraints frequently hinder them from executing these ideas in Pakistan. The Parwaz Card Program solves this issue by offering interest-free loans with a straightforward application process and comprehensive support. Whether it’s a startup in clean energy, technology, education, or other sectors, this program provides a platform for ideas that align with the province’s developmental goals. With an easy-to-follow online application process, students can apply from anywhere in the world.
Main Features of the Parwaz Card for Overseas Students
- Interest-free loans up to Rs. 3 million (Rs. 30 lakh)
- Simple online application process for overseas applicants
- No markup or service charges on loan repayment
- Focus on clean energy and tech-based businesses
- Special emphasis on women-led and youth-led ventures
- Straightforward document submission with online guidance available
This program is designed to engage the global exposure and expertise of Pakistan’s youth living abroad, contributing to economic development while fostering entrepreneurship within Punjab. It is a unique opportunity for those eager to invest their skills and education into their home province.
Who Can Apply for the Parwaz Card?
The Parwaz Card is available for overseas students and young professionals who meet the following criteria:
- The applicant must be a Punjab origin resident
- Age should be between 25 to 55 years
- Possess a valid CNIC or NICOP
- Must have a registered NTN and be a tax filer
- A valid business plan for investment in Punjab is required
- Collateral proof is required for loans above Rs. 5 lakh
This ensures that only serious applicants with viable business plans benefit from this initiative.
Loan Categories Under the Parwaz Card Scheme
The Parwaz Card offers two categories of loans based on the scale of the business and the guarantee provided:
- Tier 1 – Small Loan: Up to Rs. 5 lakh without requiring a security guarantee. Ideal for small businesses, new startups, and individual entrepreneurs with low-risk ideas.
- Tier 2 – Large Loan: Loans of up to Rs. 3 million with required guarantees, such as property documents or business assets. This is suited for registered businesses or those planning larger scale ventures.
Required Documents for Application
To apply successfully from abroad, ensure you have the following documents:
- Valid CNIC or NICOP
- NTN certificate and proof of tax return
- Business plan with estimated costs, scope, and expected impact
- Proof of residence or study abroad
- Collateral documents (for Tier 2 loans)
These documents help verify your eligibility and ensure transparency throughout the application process.
Guide to Apply for the Parwaz Card Online
- Visit the Official Portal of the Punjab Government for the Parwaz Card Program.
- Click on “Apply Now”.
- Fill out the registration form with accurate details such as CNIC, mobile number, email, and NTN.
- Choose the appropriate loan tier (Tier 1 or Tier 2) and provide your business information.
- Upload scanned copies of required documents.
- Submit the form online and await confirmation.
- Once verified, you will receive an SMS or email confirming your application status.
- Upon approval, the loan will be issued via a bank or digital platform, and repayment will begin after a short grace period.
Why Overseas Students Should Apply for the Parwaz Card
Students living abroad possess a wealth of knowledge, market insights, and global exposure. By launching businesses in Punjab, they can contribute to job creation and the economic growth of the region. The Parwaz Card Program lifts the financial burden, providing students with the opportunity to become job creators rather than job seekers. This scheme also empowers returning students to take charge of their careers and build ventures in their home districts.
Support for Women and Youth Entrepreneurs
The Parwaz Card Program encourages women and youth entrepreneurs to participate actively. Female applicants may receive quicker approvals, simplified documentation, and additional support when establishing businesses in sectors like education, renewable energy, and digital technology. This targeted support is a step toward financial inclusion and gender equality in the business sector, ensuring that young entrepreneurs have the resources to succeed.
Helpline Assistance: 1786
If you encounter any issues during the application process or need clarification on requirements, you can reach the Punjab Government’s official helpline at 1786. For those in Pakistan, visiting a nearby e-Khidmat Markaz is also an option for personalized guidance and assistance.
Conclusion
The CM Punjab Parwaz Card Program 2025 is not just about providing financial assistance it’s a vision to involve the global Pakistani talent in local development. Overseas Pakistani students now have a real chance to invest in Punjab’s future by launching entrepreneurial ventures with full government support. The application process is simple, the loans are interest-free, and the potential impact on the economy is transformative. If you’re a Pakistani student abroad and have dreamed of starting a business back home, now is the time to act. Apply for the Parwaz Card and become a part of Punjab’s growing economy.
