CM Punjab Asaan Karobar Card
The Punjab government has launched the CM Punjab Asaan Karobar Card, a pioneering initiative aimed at supporting small business owners and entrepreneurs. This program is designed to provide interest-free loans of up to PKR 1 million to help small and medium enterprises (SMEs) grow and thrive. By leveraging digital tools such as mobile apps and POS systems, the Asaan Karobar Card ensures transparency and convenience, making it easier than ever for entrepreneurs to manage and sustain their businesses. This initiative is a step forward in driving economic growth and empowering small businesses across Punjab. This article provides a complete guide to help you register and log in for the Asaan Karobar Card program through its official portal, akc.punjab.gov.pk.
Punjab Easy Business Scheme: Big Relief for Job Seekers
The Punjab Easy Business Team has now started issuing loans ranging from Rs 10,000 to Rs 100,000 for individuals who are eager to start their own small ventures. If you haven’t applied yet, this is your chance to do so without any hurdles. Initially, a Rs 500 fee was required during application, known as a card charge, but now this requirement has been removed, making it even more accessible. Furthermore, earlier technical issues—such as those related to TV devices—have also been resolved.
84 Billion Rupees Allocated for Aasaan Karobaar Scheme
Under the leadership of Chief Minister Maryam Nawaz, the government of Punjab has introduced its largest-ever business finance initiative: the Aasaan Karobaar Finance Scheme, alongside the Asaan Karobar Card. A total of Rs 84 billion has been earmarked, including Rs 48 billion specifically for the Karobar Card initiative. This scheme aims to boost economic development, support young entrepreneurs, and enable a dignified path to financial independence through interest-free loans.
Simplified Process & Updated Rules for Applicants
Previously, applicants were told that having an NDN or MPR-issued Natural Key X number was necessary. This requirement has also been removed. Even applicants without ATM cards have successfully received loans under the revised guidelines. This update is crucial for many who were discouraged by technical or eligibility-related issues. Additionally, the Asaan Karobar card, visible on-screen during laptop processing, helps applicants monitor their progress in real time.
Key Features of the CM Punjab Asaan Karobar Card
| Feature | Details |
|---|---|
| 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 akc.punjab.gov.pk |
Types of Businesses Supported and Loan Tiers
The program supports businesses from Rs 1 lakh to Rs 3 crore, covering multiple sectors, including agriculture, services, and retail. However, conditions vary depending on the loan amount, and applicants must ensure they meet the updated calendar rule and other verification criteria. The initiative is designed to create real economic change, especially for youth, women, and even transgender individuals, who are now officially eligible to apply.
How to Apply for the Asaan Karobar Card
To apply, follow these simple steps:
- Visit the official website: akc.punjab.gov.pk
- Fill out the online form with accurate personal and business details.
- Upload documents such as CNIC and proof of business.
- No Rs 500 fee is needed anymore.
- Await digital verification of your details.
- Upon approval, your Asaan Karobar Card will be issued.
For help, contact the helpline at 1786.
Step-by-Step: Registering for the Asaan Karobar Card
Step 1: Access the Portal
Go to akc.punjab.gov.pk and click on “Register Now”.
Step 2: Enter Personal and Contact Details
- Full Name
- CNIC Number
- Father/Husband Name
- Date of Birth
- Mobile Number and Network
- Set a Strong Password
Step 3: Submit
Review all details and click on “Register.” You’ll get a confirmation message via SMS.
Logging into the Asaan Karobar Card Portal
After registration, log in by:
- Visiting akc.punjab.gov.pk
- Clicking on Login
- Enter your CNIC and password
- Accessing your dashboard to manage your application and transactions
Eligibility Criteria for the Loan Program
To qualify, you must:
- Be a Pakistani citizen residing in Punjab
- Be between 21 and 57 years of age
- Have a valid CNIC and an active mobile number
- Own or plan to start a business in Punjab
- Not have overdue loans or default history
- Register with PRA/FBR within 6 months of card issuance
- Pass psychometric and credit tests
Loan Repayment and Usage Guidelines
- First 50% of the loan is accessible in the first 6 months
- A 3-month grace period is offered before repayment begins
- Monthly repayment starts at 5% of the outstanding amount
- Second 50% is released upon timely use of the first half
- After 1 year, the remaining balance is paid via 24 EMIs
Note: Loan must only be used for business-related expenses.
Charges and Fee Structure
| Type | Amount |
|---|---|
| Annual Card Fee | PKR 25,000 + FED |
| Late Payment Penalty | As per bank policy |
| Other Charges | Includes life assurance, card delivery, etc. |
These minimal charges keep the scheme sustainable and supportive.
How to Check Your Loan Application Status
You can track your status through:
- Online Portal: Log in to view real-time status.
- SMS: Send
STATUS [Application ID]to 8300 - Helpline: Call 051-9053333 (or +92-51-9053333 internationally)
- NBP Branches: Visit with CNIC to check manually
If it is delayed, ensure your documents match NADRA records and upload any missing files via the portal.
Final Words
The CM Punjab Asaan Karobar Card and the Easy Business Scheme together mark a massive leap toward an empowered entrepreneurial ecosystem in Punjab. With simplified processes, inclusive eligibility, and interest-free financial support, thousands of individuals now have the opportunity to launch and expand their businesses. Whether you need Rs 10,000 or up to Rs 1 million, this program is for you—Punjab is growing, and Pakistan is growing.