The Punjab government has launched a major opportunity for Pakistani students living abroad. Under the leadership of Chief Minister Maryam Nawaz, the Parwaz Card for Overseas Students has been introduced to help overseas youth invest in Punjab through interest-free business loans.
This initiative is being seen as a strategic move to bring global Pakistani talent back into the local economy. With loans of up to Rs. 3 million, the scheme aims to support startups, small businesses, and innovative ventures without any markup.
What Is the Parwaz Card Program?
The Parwaz Card Program 2026 is designed for overseas Pakistani students and young professionals who want to start or expand a business in Punjab. The government provides interest-free financing, making it easier to turn business ideas into reality.
The program also aligns with Punjab’s broader economic vision, supporting sectors like clean energy, technology, education, and digital services.
Key Features of the Parwaz Card for Overseas Students Scheme
Interest-Free Financial Support
Applicants can receive loans of up to Rs. 30 lakh with no interest, markup, or hidden charges.
Easy Online Application
Students can apply from anywhere in the world through an official online portal, making the process accessible and transparent.
Priority Sectors
The scheme encourages businesses in clean energy, IT, education, and tech-based services, helping Punjab modernize its economy.
Special Focus on Youth and Women
Women-led and youth-led ventures are given preference, with faster processing and additional facilitation.
Who Is Eligible to Apply?
To qualify for the Parwaz Card for Overseas Students, applicants must meet the following criteria:
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Punjab origin Pakistani
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Age between 25 and 55 years
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Valid CNIC or NICOP
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Registered NTN and active tax filer
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Viable business plan for Punjab
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Collateral required for loans above Rs. 5 lakh
These conditions ensure that funds go to serious and capable entrepreneurs.
Loan Categories Explained
Tier 1: Small Loan
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Up to Rs. 5 lakh
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No security required
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Ideal for startups and small-scale businesses
Tier 2: Large Loan
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Up to Rs. 3 million
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Collateral required
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Suitable for registered or expansion-stage businesses
Required Documents
Applicants need to prepare:
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CNIC or NICOP
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NTN certificate and tax return proof
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Detailed business plan
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Proof of overseas residence or study
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Collateral documents (for Tier 2 loans)
How to Apply for the Parwaz Card for Overseas Students Online
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Visit the official Punjab government portal
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Click on “Apply Now”
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Complete the registration form
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Select loan tier and submit business details
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Upload required documents
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Submit and wait for SMS or email confirmation
After approval, funds are released through a bank or digital channel with a short grace period for repayment.
Why This Scheme Matters for Parwaz Card for Overseas Students
Many overseas Pakistani students gain valuable skills and exposure abroad. The Parwaz Card allows them to bring that expertise back home, create jobs, and contribute to Punjab’s development without financial pressure.
Helpline and Support
For guidance, applicants can contact the Punjab government helpline 1786 or visit an e-Khidmat Markaz in Pakistan.
Final Words
The Parwaz Card for Overseas Students 2026 is more than a loan scheme. It is a bridge between overseas talent and local opportunity. With interest-free financing and strong government backing, this program offers a real chance to build a future in Punjab.
FAQs for Parwaz Card for Overseas Students
1. Is the Parwaz Card loan completely interest-free?
Yes, there is no interest or markup on the loan.
2. Can students apply while living abroad?
Yes, the entire process is available online.
3. What is the maximum loan amount?
Applicants can get up to Rs. 3 million.
4. Is collateral required for all loans?
Only loans above Rs. 5 lakh require collateral.
5. Are women entrepreneurs given priority?
Yes, women-led businesses receive special facilitation.
