The CM Punjab Asaan Karobar Card is a groundbreaking initiative to empower small business owners and young entrepreneurs. This initiative provides interest-free loans of up to PKR 1 million, enabling businesses to grow and sustain themselves in a competitive market. The program is designed to leverage digital tools such as mobile apps and POS systems, ensuring transparency and ease of use.
READ MORE: Latest PPSC New Jobs 2025 Apply Now
Objectives of the CM Punjab Asaan Karobar Card
The Asaan Karobar Card program is focused on achieving the following objectives:
- Providing financial support to small businesses
- Encouraging entrepreneurship among young individuals
- Creating job opportunities in Punjab
- Boosting economic growth by strengthening the SME sector
Key Features of the CM Punjab Asaan Karobar Card
- Maximum Loan Limit: PKR 1 million
- Interest Rate: 0%
- Loan Tenure: 3 years
- Grace Period: 3 months
- Loan Type: Revolving credit facility
- Application Process: Online via https://akc.punjab.gov.pk/landing
Eligibility Criteria
To apply for the CM Punjab Asaan Karobar Card, applicants must meet the following requirements:
- Must be a Pakistani national and resident of Punjab
- Age range: 21 to 57 years
- Valid CNIC and registered mobile number
- Own or plan a business located in Punjab
- No overdue loans or credit defaults
- Must register the business with PRA/FBR within six months of receiving the card
- Only one application per individual or business is allowed
Required Documents for Application
- Copy of CNIC (both sides)
- Proof of residence (utility bill or rental agreement)
- Business registration certificate (if applicable)
- Recent financial statements (optional for existing businesses)
How to Apply for the Asaan Karobar Card
Follow these simple steps to apply:
- Visit the official website: akc.punjab.gov.pk
- Fill out the online application form with accurate personal and business details
- Pay a non-refundable processing fee of PKR 500
- Upload required documents, including CNIC and proof of residence
- Authorized agencies will conduct digital verification
- Upon approval, your Asaan Karobar Card will be issued
READ MORE: Latest SPSC Jobs 2025 – Apply Now
How to Register for the Asaan Karobar Card
- Access the official portal
- Complete the registration form by entering:
- Full name as per CNIC
- CNIC number and date of birth
- Contact details (active mobile number)
- Set up a password for your account
- Review and submit the form
- Receive a confirmation message upon successful registration
How to Log In to Your Asaan Karobar Card Account
- Visit the login page at akc.punjab.gov.pk
- Enter your CNIC number and password
- Click ‘Login’ to access your dashboard
Tips for a Smooth Login Experience
- Ensure entered details match registered information
- Use a stable internet connection
- Keep your password secure
Benefits of the Asaan Karobar Card
- Easy access to interest-free loans
- Digital verification for transparency
- Financial assistance without collateral
- Encourages business growth and employment
Conclusion
The CM Punjab Asaan Karobar Card is a transformational initiative designed to provide financial support to small businesses and entrepreneurs. By offering interest-free loans, this program helps foster economic growth and create employment opportunities. Eligible individuals should take advantage of this initiative to secure financial backing for their business ventures.
FAQs
1. Who can apply for the Asaan Karobar Card?
Pakistani nationals residing in Punjab, aged 21-57, with a valid CNIC and a business plan can apply.
2. How long does it take for the application to be approved?
The approval process typically takes a few weeks, depending on document verification and credit assessment.
3. Can I apply if I already have a business loan?
You can apply if you have no overdue loans and meet the eligibility criteria.
4. Is there any collateral required for the loan?
No, the Asaan Karobar Card provides interest-free loans without any collateral requirements.
5. What happens if I fail to register my business with PRA/FBR?
Failure to register within six months may lead to penalties or cancellation of the credit facility.