CM Punjab Asaan Karobar Card Scheme 2025 || Asaan Karobar Loan Check Your Card Online

Table of Contents

Introduction

CM Punjab Asaan Karobar Card Scheme 2025 || Asaan Karobar Loan Check Your Card Online: The CM Punjab Asaan Karobar Card Scheme 2025 is a pioneering initiative by the Government of Punjab to empower small and medium-sized enterprises (SMEs) across the province. This scheme offers interest-free loans through a digital SME card, facilitating business growth and sustainability. By providing accessible financial support, the government seeks to promote entrepreneurship, job creation, and economic development in Punjab.

Eligibility Criteria

To qualify for the Asaan Karobar Card, applicants must meet the following requirements:

Age: Between 21 and 57 years
The person applying must be a Pakistani citizen and live in Punjab.
Proof of identity: A current CNIC and a registered cell phone number in the applicant’s name.
Business: Existing or prospective business located in Punjab
Credit History: A credit history that doesn’t show any loans that are past due
Assessments: We successfully passed the psychometric and credit tests.
Limit on Applications: Each person or business can only send in one application.

Applicants must also ensure their business is registered with the Punjab Revenue Authority (PRA) or the Federal Board of Revenue (FBR) within six months of card issuance. Failure to do so may result in restricted access to the loan funds.

Steps for Applying

The official site allows individuals who wish to apply to do so online.

To access the official portal, please visit akc.punjab.gov.pk.
Sign up: To make an account, use your CNIC and some basic details.
Kindly include your name on the entry form. Please provide information about your business.
The papers you need to upload are your CNIC, proof that you own the business, and tax documents.
Processing Fee: A non-refundable fee of PKR 500 is applicable.
Send Your Application: After filling out the form and uploading the required papers, send your application for review.

After you send in your application, you will get an SMS telling you what’s going on with it. As soon as you receive approval, you will receive a digital SME card and be able to use the funds for your business.

Information about how to use and pay back a loan

You can use the first 50% of the cap within the first six months.
Time of Grace: Three months after the card was issued
Payment: After three months, the creditor has to start receiving monthly installment payments, with a minimum of 5% of the remaining loan balance (only the principal amount).
You will release the second 50% cap if you register with PRA/FBR, make regular payments, and use the loan well.
It is only possible to use the funds for business-related activities; deals that are not related to business are not allowed.

You can only use the loan for business-related activities; you cannot use it for non-business-related deals. Businesses can only fill out one loan application through this service. You can only use the money for certain important business tasks. If you don’t apply with PRA/FBR within six months, you might not be able to get the loan funds.

Read Also: Apni Zameen Apna Ghar Scheme 2025

Some extra information

Fee for processing: PKR 500 (not refunded)
Card Fee: PKR 25,000 + FED (brought back from the permitted restricted
Late payment fees are determined by the bank’s rules.
People who want to get a card must register with either the Punjab Revenue Authority (PRA) or the Federal Board of Revenue (FBR) within six months of getting it.
Verification: The business building will be checked out in person every year after the loan is approved for another six months.

The loan is given out through a digital SME card, which makes sure that the money is used in a clear and organized way through digital channels like mobile apps and point-of-sale (POS) systems.

Conclusion

The Asaan Karobar Card Scheme 2025 is a significant step toward empowering small entrepreneurs in Punjab by providing them with the financial tools needed to grow and sustain their businesses. Eligible applicants are encouraged to apply through the official portal to take advantage of this opportunity.

FAQs

Q1: What is the maximum loan amount under the Asaan Karobar Card Scheme?

A1: The maximum loan amount is PKR 1 million.

Q2: What is the loan’s interest rate?

A2: The loan is interest-free, meaning there is no interest charged on the loan amount.

Q3: How can I apply for the scheme?

A3: You can send in your application online through the official website.

For More Information Click Here

CM Punjab Asaan Karobar Card Scheme 2025 || Asaan Karobar Loan Check Your Card Online

Introduction