CM Punjab Asaan Karobar Card Application Process Online 2025 Know Complete Details

CM Punjab Asaan Karobar Card Application

CM Punjab Asaan Karobar Card Application By providing interest-free loans of up to 1 million, this program enables business owners to expand their operations, improve sustainability, and overcome financial challenges. This article will walk you through the complete application process for the Asaan Karobar Card in 2025, making it easier for you to apply and take advantage of this incredible opportunity.

Punjab Chief Minister Maryam Nawaz has formally launched the registration of Asan Karobar cards. Those who want to do small-scale business will be included in this program. If you also want to do small-scale business, you can register. A portal has been introduced to complete the registration process online from home. You will complete your registration process through the portal. And after that, you will be able to get all the details. For more information and details, read the article carefully so that you can get complete details related to registration.

You Can Also Read: CM Punjab Asaan Karobar Card Loan Disbursement

Features of the Asaan Karobar Card

Before diving into the application process, let’s first explore the key features of the Asaan Karobar Card that make it a unique and beneficial option for small business owners:

1. Loan Amount: The loan available through the card can go up to PKR 1 million, allowing entrepreneurs to grow their businesses and manage cash flow efficiently.
2. Interest-Free: One of the most attractive features is that the loan is interest-free, making it a cost-effective solution for those in need of financial assistance.
3. Loan Tenure: The loan comes with a 3-year tenure, giving businesses ample time to manage their finances and repay the loan.
4. Revolving Credit Facility: A 12-month revolving credit facility is available to provide businesses with additional financial flexibility.
5. Repayment Period: The loan is repaid in 24 equal monthly installments, starting after a 3-month grace period.
6. Grace Period: Once the card is issued, businesses enjoy a 3-month grace period before repayment begins.

You Can Also Read: CM Punjab Asaan Karobar Scheme Registration Deadline

Eligibility Criteria for the Asaan Karobar Card

To ensure that only deserving small business owners benefit from the program, there are certain eligibility requirements you must meet. Here’s a rundown of the criteria:

• Residency: The applicant must be a Pakistani national residing in Punjab.
• Age: Applicants must be aged between 21 to 57 years.
• Identification: You need to possess a valid CNIC (National Identity Card) and a mobile number registered in your name.
• Business Location: Your business, whether existing or prospective, must be located within Punjab.
• Credit History: A clean credit history with no overdue loans is required.
• Psychometric Assessment: You must pass a satisfactory credit and psychometric assessment.
• Application Limit: Only one application per individual and business is allowed.

You Can Also Read: BISP 8171 Payment Status Check Online 13500

Step-by-Step Application Process for the Asaan Karobar Card

Now that you know the eligibility requirements, let’s go through the detailed application process for the Asaan Karobar Card:

1. Online Registration

The first step is to register online. You can visit the official portal at https://akc.punjab.gov.pk/ and begin the registration process.

• Use a mobile number registered in your name for registration.
• Follow the instructions provided on the portal to fill in the required details.

2. Complete the Application Form

After successful registration, you will need to fill out the application form with the following information:

• Personal details: Make sure to fill out accurate information, including your name, address, and contact details.
• Business details: Provide clear information about your business, including its nature, operations, and revenue.

Ensure that all mandatory fields are completed correctly to avoid delays.

3. Upload Required Documents

You will need to upload certain documents to support your application:

• Passport-size photograph or a clear selfie.
• Scanned copies of your CNIC front and back
• Details of two non-relative references, along with their CNIC copies and mobile numbers.
• Proof of business premises rent agreement, transfer letter, or registry document).
• Business income and expense details to demonstrate the financial health of your business.

These documents are required for verification, so ensure they are clear and legible.

4. Pay the Processing Fee

There is a non-refundable processing fee of PKR 500. This fee is required to complete your application process. You can make the payment through the available payment options on the portal.

5. Submit the Application

Once you’ve filled out the application and uploaded all necessary documents, review everything carefully. After making sure all information is correct, submit the application.

6. Application Confirmation

Upon submission, you will receive an application registration number. This number will be sent to you via SMS, and you can use it to track the status of your application on the portal.

You Can Also Read: BISP 13500 Eligibility Check Online Through 8171 Web Portal 2025

Loan Utilization and Repayment Details

After successfully obtaining the Asaan Karobar Card, here’s how you can utilize the loan and manage the repayment:

Loan Utilization

• First 50% of the loan limit is available for use within the first 6 months of receiving the card.
• The remaining 50% will be released once you have demonstrated satisfactory usage, regular repayments, and registration with PRA/FBR.

Repayment Details

• Repayments begin after the 3-month grace period.
• You will need to pay 24 equal monthly installments, with a minimum monthly payment of 5% of the outstanding loan balance.

The repayment period is structured to provide enough flexibility for businesses to stay afloat while repaying the loan.

Charges and Fees

• Annual card fee of PKR 25,000 + FED, which is deducted from the approved limit.
• Additional charges may apply for life assurance, card issuance, and delivery fees.
• Late payment charges will be applied according to the bank’s policy.

You Can Also Read: Maryam Nawaz Launches Pkr 132 Billion Business Finance 

Required Documents for the Asaan Karobar Card

Before you start the application, make sure you have the following documents ready:

1. Passport-size photograph or selfie.
2. Scanned copies of the front and back of your CNIC.
3. Registered mobile number in your name.
4. Details of two non-relative references with their CNIC copies and contact numbers.
5. Proof of business premises (e.g., rent agreement or business registration document).
6. Business income and expense details.

These documents will be essential for completing your application smoothly.

You Can Also Read: Benazir Kafalat Program 13500 Payment Verification 2025 

Conclusion

The CM Punjab Asaan Karobar Card is a fantastic opportunity for small entrepreneurs in Punjab to access financial assistance without the burden of interest. The application process is simple and transparent, allowing business owners to secure funding for business growth, operational needs, and sustainability.

By following the steps outlined in this guide, you can easily apply for the card and take the next step toward expanding your business. Don’t miss out on this interest-free loan opportunity to empower your business in 2025

You Can Also Read: Benazir Kafalat Program Registration 13500 In January 2025

FAQs

Who is eligible to apply for the Asaan Karobar Card?

• Small entrepreneurs aged between 21 to 57 years, residing in Punjab, with a valid CNIC and a registered mobile number.

What is the maximum loan amount available?

• The maximum loan amount is PKR 1 million.

Is there any interest on the loan?

• No, the loan is interest-free.

How can I use the loan amount?

• The loan can be used for vendor payments, supplier payments, utility bills, government fees, taxes, and cash withdrawals (up to 25% of the limit).

What is the repayment period?

• The loan must be repaid in 24 equal monthly installments starting after a 3-month grace period.

How can I check my application status?

• Use the application registration number received via SMS to track your application status on the official portal.

What are the charges associated with the card?

• There is an annual card fee of 25,000, along with additional fees for life assurance, card issuance, and late payments.