The Asaan Karobar Card is a revolutionary program by the Punjab government under CM Maryam Nawaz Sharif. It provides interest-free loans to small business owners and entrepreneurs, empowering them to start or grow businesses with digital tools and transparent processes. The scheme strengthens Punjab’s economy, encourages youth entrepreneurship, and removes financial barriers. Applicants can apply online, track their application, and access funds securely. This article explains eligibility, application steps, loan details, repayment plans, and tips for a successful experience with the Asaan Karobar Card.
| Key Feature | Details |
|---|---|
| Maximum Loan Limit | Up to PKR 1 million |
| Interest Rate | 0% |
| Loan Tenure | 3 Years |
| Grace Period | 3 Months |
| Loan Type | Revolving Credit Facility |
| Repayment Term | 24 equal installments after first year |
How to Apply for the Asaan Karobar Card
Applying is easy and fully digital. Follow these steps:
✅ Register on akc.punjab.gov.pk and create a profile.
💡 Upload CNIC (front & back) and proof of residence.
🔹 Pay non-refundable PKR 500 fee via Easypaisa or JazzCash.
✅ Wait for verification of CNIC, credit, and business premises.
💡 Once approved, the card is issued, and 25% of the loan can be withdrawn immediately.
The portal ensures transparent selection, digital access, and interest-free support, making it ideal for aspiring entrepreneurs.
Step-by-Step Registration on Asaan Karobar Portal
Follow these steps to complete registration:
✅ Signup Information: CNIC, expiry date, name, father/husband name, date of birth.
💡 Portal Login: Use CNIC as username and chosen password.
🔹 Personal Details: Provide address, family information, qualifications, and prior experience.
✅ Business Details: Enter business location, monthly plan, and loan usage strategy.
💡 Loan Details: Specify loan amount, collateral type, and purpose.
🔹 Documentation: Upload CNIC copies, bank statements, and other required documents.
✅ Review & Submit: Double-check all information before submitting.
💡 Pay Fees: Complete PKR 500 non-refundable payment online.
Following this ensures smooth approval and a successful application process.
Eligibility Criteria for Asaan Karobar Program
Applicants must meet the following:
- Pakistani citizen residing in Punjab
- Age between 21–57 years
- Valid CNIC and registered mobile number
- Own a business or plan to start one
- Clean credit history with no overdue loans
- Pass psychometric test on the portal
- Only one application per person
- Register the business with PRA/FBR within six months
Meeting these criteria ensures quick approval and compliance with program rules.
Loan Usage and Repayment Details
The Asaan Karobar Card offers flexible repayment plans:
✅ First 50% of loan accessible within six months of approval
💡 Grace period of 3 months before repayments start
🔹 Monthly installments start at 5% of the outstanding balance
✅ Second 50% released after satisfactory use and repayment of the first half
💡 Remaining balance repaid over 24 months in equal interest-free installments
Minimal charges apply: PKR 25,000 + FED as a one-time card fee, life assurance, card issuance, and delivery costs. Late payments are fined per bank policy.
Benefits of the Asaan Karobar Card
The Asaan Karobar Card provides:
✅ Financial Support: Easy access to funds for business growth
💡 Transparency: Clear usage via digital transactions, POS, and vendor payments
🔹 Business Growth: Financial relief for operational expenses and expansion
✅ Inclusivity: Supports businesses across Punjab sectors
💡 Easy Apply: Fully digital application, fast approval, and interest-free loan
This program empowers youth, boosts entrepreneurship, and contributes to Punjab’s economic development.
How to Check Your Asaan Karobar Loan Application Status
Track your application using:
✅ Online Portal: Log in to view updates and upload missing documents
💡 SMS Service: Send STATUS [APPLICATION ID] to 8300 for real-time updates
🔹 Helpline: Call 1786 for queries, registration, and eligibility verification
✅ In-person: Visit any National Bank of Pakistan branch with CNIC
Timely tracking ensures smooth loan processing and financial planning.
Tips for a Successful Application and Usage
- Ensure all personal and business information matches official records
- Use a stable internet connection for portal access
- Keep CNIC, mobile number, and bank details updated
- Do not share your portal password
- Withdraw and use funds responsibly, starting with digital transactions and POS systems
These tips help beneficiaries make the most of the Asaan Karobar Card scheme.
Conclusion
The CM Punjab Asaan Karobar Card is a transformative initiative supporting small business owners and entrepreneurs. With interest-free loans up to PKR 1 million, flexible repayment, and digital tools, the program empowers youth and strengthens Punjab’s economy. By following registration steps, meeting eligibility, and using funds wisely, beneficiaries can successfully grow their businesses. Apply now at akc.punjab.gov.pk and turn your business ideas into reality.
FAQs About Asaan Karobar Card
Q1: Who is eligible for the Asaan Karobar Punjab Loan?
Only Pakistani citizens aged 21–57 residing in Punjab with a valid CNIC and business plan.
Q2: Is the Asaan Karobar Punjab Loan interest-free?
Yes, all approved loans under this scheme are completely interest-free.
Q3: What is the maximum loan limit?
The maximum loan amount is PKR 1 million per applicant.
Q4: How can I check my application status?
Check via the online portal, SMS 8300, helpline 1786, or by visiting a National Bank branch with CNIC.