Parwaz Card for Overseas Students 2026: Get Interest-Free Loan Up to Rs. 3 Million

Parwaz Card for Overseas Students 2026

The Government of Punjab has launched an important new initiative for Pakistani students living abroad. The Parwaz Card Program 2026, introduced by Chief Minister Maryam Nawaz, offers interest-free loans of up to Rs. 3 million. The purpose of this program is to help overseas Pakistani students start or expand their businesses in Punjab.

This initiative is designed to bring talented young Pakistanis back home with new ideas, global exposure, and technical skills. Through the Asaan Karobar Scheme 2025, the government aims to reduce financial barriers, create job opportunities, and support economic growth in the province.

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What Is the Parwaz Card Program?

The Parwaz Card Program is a special financial assistance scheme for Pakistani students and young professionals living abroad. Many international students have creative ideas and modern skills but cannot start a business due to limited funding. This program solves that problem by providing interest-free loans, easy online applications, and support for innovative business ideas, especially in IT, education, clean energy, and services.

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Key Features of the Parwaz Card Program

These features make the program one of the most attractive financial support options for overseas Pakistanis.

Eligibility Requirements

• Must be originally from Punjab

• Age should be between 25 and 55 years

• Must have a valid CNIC or NICOP

• Must be a tax filer with a registered NTN

• Must submit a complete business plan

• Collateral needed for loans above Rs. 5 lakh

These rules ensure that all applicants are genuine, motivated, and capable of using the loan responsibly.

Types of Loans Offered Under the Program

The Parwaz Card offers two types of loans based on business size and security requirements.

1. Tier 1 – Small Loan

• Loan limit: Up to Rs. 5 lakh

• No collateral required

• Ideal for small startups and home-based businesses

• Best for individual entrepreneurs or low-budget ideas

2. Tier 2 – Large Loan

• Loan amount from Rs. 5 lakh to Rs. 30 lakh

• Requires collateral such as property documents

• Suitable for medium to large business setups

• Best for registered companies and professional ventures

These flexible loan options allow overseas Pakistanis to choose according to their business needs.

Required Documents for Overseas Applicants

Applicants applying from abroad must prepare the following documents:

• Valid CNIC or NICOP

• NTN certificate and tax return proof

• Detailed business plan explaining the idea

• Proof of residence or student status abroad

• Collateral papers (only for Tier 2 loans)

These documents help verify identity, financial background, and seriousness of the business proposal.

How to Apply Online for the Parwaz Card

The application process is simple and fully online. Overseas applicants can apply from any country. Here are the steps:

1. Visit the official Punjab Government Parwaz Card portal.

2. Click on the “Apply Now” button.

3. Fill in the registration form with correct details (CNIC, email, mobile number, NTN).

4. Select the loan category: Tier 1 or Tier 2.

5. Upload scanned copies of all required documents.

6. Submit the application.

7. Wait for confirmation via email or SMS.

Once the verification is complete, the interest-free loan will be issued through a partner bank or digital payment service. Repayment starts after a short grace period.

Why Overseas Students Should Apply

Overseas Pakistanis carry global experience that can benefit the local economy. Here are the main reasons to apply:

• Start a business without financial stress

• Bring global skills and ideas back to Punjab

• Create job opportunities for local youth

• Build a long-term career as an entrepreneur

• Play a role in Pakistan’s economic development

The program makes it easier for overseas students to return home and invest in innovative and sustainable projects.

Special Support for Women and Youth

The Parwaz Card Program gives special importance to women-led and youth-led startups. Below are the key support features:

• Fast-track approval for women entrepreneurs

• Priority for young applicants with modern business ideas

• A focus on clean energy, IT, and education sectors

• Relaxed documentation requirements for female applicants

This support helps create a more inclusive and progressive business environment.

Need Help? Contact Helpline 1786

If you need assistance, you can call the official Punjab Government helpline 1786. Applicants within Pakistan can also visit the nearest e-Khidmat Markaz for guidance.

Conclusion

The Parwaz Card for Overseas Students 2026 is a major opportunity for Pakistani students and young professionals living abroad. With interest-free loans, full government support, and an easy online process, overseas Pakistanis can confidently start businesses in Punjab. If you want to invest your skills and knowledge back home, this program is the perfect chance to contribute to Pakistan’s future growth.

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FAQs

1. Can I apply for the Parwaz Card while I am still studying abroad?

Yes. The entire process is online, so you can apply from anywhere in the world.

2. Is the loan completely interest-free?

Yes. The loan has 0% interest and no hidden charges.

3. Does the loan require collateral?

Only Tier 2 loans above Rs. 5 lakh require collateral. Tier 1 loans do not need any security.