CM Punjab Asaan Karobar Card
The CM Punjab Asaan Karobar Card is a major relief initiative launched by Chief Minister Maryam Nawaz to empower small entrepreneurs across Punjab. This scheme provides interest-free loans up to Rs 1 million to help start or expand businesses. With a fully digital process, easy repayments, and government-backed transparency, the Asaan Karobar Card 2025 is designed to boost self-employment and economic growth in Punjab.
Also Read: CM Punjab E-Bike Scheme 2025
CM Punjab Asaan Karobar Card – Quick Overview
| Feature | Details |
|---|---|
| Scheme Name | CM Punjab Asaan Karobar Card |
| Loan Amount | Up to Rs 1,000,000 |
| Interest Rate | 0% (Interest-Free) |
| Repayment Period | Up to 3 Years |
| Grace Period | 3 Months |
| Eligibility Age | 21 to 57 Years |
| Province | Punjab Only |
| Application Mode | Online / Bank of Punjab |
What Is CM Punjab Asaan Karobar Card?
The CM Punjab Asaan Karobar Card is a smart business financing solution aimed at small traders, shop owners, and startups in Punjab. It allows entrepreneurs to access funds without paying any interest. The card works like a controlled business wallet, ensuring funds are used only for approved business purposes.
The loan is provided in phases to encourage responsible usage. Digital monitoring ensures transparency, while flexible installments make repayment easy. Information shared in this article is compiled from the official website and top 10 Google sources for accuracy.
Key Features of the Asaan Karobar Card
- Interest-Free Financing
The loan comes with zero interest, reducing financial pressure on small business owners. - Flexible Loan Limit
Entrepreneurs can get funding up to Rs 1 million based on eligibility and verification. - Digital Business Usage
Funds can be spent via POS machines, mobile apps, and approved digital channels. - Easy Repayment Structure
Repayments start after a grace period and are spread over three years.
Eligibility Criteria for CM Punjab Asaan Karobar Card
- Age & Residency Requirement
Applicants must be between 21 and 57 years old and residents of Punjab. - Business Location
The business must be operational or planned within Punjab province. - Clean Credit History
Applicants should not have overdue loans with any bank. - Valid Documentation
CNIC and a mobile number registered on the applicant’s name are mandatory.
How to Apply Online – Step-by-Step Process
Follow this step-by-step process to apply for the CM Punjab Asaan Karobar Card:
- Visit the official portal of the Punjab Asaan Karobar Card https://akc.punjab.gov.pk/.
- Create an account using your CNIC number and mobile number.
- Enter personal and business details carefully.
- Set a secure password and submit the registration form.
- Pay the non-refundable processing fee of Rs 500.
- Wait for digital verification by relevant government departments.
- Once approved, the card will be issued and delivered.
Loan Usage and Repayment Rules
- Phased Loan Release
Only 50% of the approved loan is released initially for the first six months. - Grace Period Benefit
Borrowers get 3 months before starting repayments. - Monthly Installments
At least 5% of the outstanding balance must be paid monthly. - Second Phase Unlock
Remaining 50% is released after proper usage and timely repayments.
Funds can be used for vendors, utilities, taxes, and business supplies. Personal use is strictly not allowed.
Fees, Charges, and Conditions
- Annual Card Fee
Rs 25,000 + Federal Excise Duty is charged annually. - Additional Costs
Charges may include life insurance, card issuance, and delivery. - Late Payment Penalty
Late fees apply if installments are missed. - Business Verification
Urban Unit will physically verify the business location within six months.
Helpline & Contact Information
For guidance and complaints, the Punjab Government has set up official support channels:
- Helpline Number: 1786
- Support Platforms: PSIC & Bank of Punjab websites
- Official Information Source: CM Punjab Asaan Karobar Card official portal https://akc.punjab.gov.pk/
All details are verified from the official website and trusted Google sources.
Benefits of CM Punjab Asaan Karobar Card
The scheme offers multiple advantages for small businesses, including financial inclusion, interest-free support, digital transparency, and long-term growth opportunities. It especially helps new startups that struggle with bank loans and high interest rates.
Conclusion
The CM Punjab Asaan Karobar Card 2025 is a powerful initiative for small entrepreneurs looking to grow without financial stress. With interest-free loans, simple online registration, and government oversight, this scheme opens new doors for business success in Punjab. If you meet the eligibility criteria, apply online and take a confident step toward business growth.
FAQs – CM Punjab Asaan Karobar Card
Is the CM Punjab Asaan Karobar Card really interest-free?
Yes, the loan provided under this scheme carries zero interest.
Can startups apply for the Asaan Karobar Card?
Yes, both existing businesses and startups in Punjab can apply.
How long does approval take?
Approval time depends on digital verification but usually takes a few weeks.
Can I withdraw cash from the card?
Yes, up to 25% of the loan amount can be withdrawn as cash for business use only.