The Punjab government has introduced the Asaan Karobar Card Scheme 2025 to support small entrepreneurs by providing interest-free loans of up to PKR 1 million. This initiative aims to foster business growth and sustainability across the province.
The Asaan Karobar Card Scheme:
- Loan Limit: Up to PKR 1 million
- Loan Tenure: 3 years
- Grace Period: 3 months from card issuance
- Repayment: 24 equal monthly installments after the grace period
- Usage: Payments to vendors and suppliers, utility bills, government fees and taxes, and cash withdrawals (up to 25% of the limit) for miscellaneous business purposes
- Interest Rate: 0%
Eligibility Criteria:
To qualify for the Asaan Karobar Card, applicants must:
- Be between 21 and 57 years old
- Hold a valid CNIC and a mobile number registered in their name
- Own or plan to start a business located in Punjab
- Have a satisfactory credit and psychometric assessment
- Maintain a clean credit history with no overdue loans
Application Process:
- Online Submission: Applications are submitted digitally via the Punjab Information Technology Board (PITB) portal.
- Processing Fee: A non-refundable processing fee of PKR 500 is required.
- Verification: Authorized agencies will conduct digital verification of the applicant’s CNIC, creditworthiness, and business premises.
How to Apply:
- Visit the Official Website: Access the PITB portal at akc.punjab.gov.pk.
- Create an Account: Register using your CNIC-linked mobile number.
- Complete the Application Form: Fill out the form with accurate personal and business information.
- Upload Required Documents: Ensure you have scanned copies or clear images of your CNIC, a passport-sized photo, and any other necessary documents.
- Pay the Processing Fee: Submit the non-refundable fee of PKR 500 through the provided payment methods.
- Submit the Application: After completing all steps, submit your application for review.
Additional Support:
Applicants can access feasibility studies for startups and new businesses on the Punjab Small Industries Corporation (PSIC) and Bank of Punjab (BOP) websites.
Helpline:
For further assistance, contact the helpline at 1786.
For more detailed information and updates about the program, visit the official website: akc.punjab.gov.pk.
By following these steps, eligible entrepreneurs can take advantage of the Asaan Karobar Card Scheme to support and grow their businesses in Punjab.
For a visual guide on the application process, you might find this video helpful: