Asaan Karobar Card Apply Online 2025: Step-by-Step Guide for Entrepreneurs

Are you a small business owner or a young entrepreneur looking to expand your business in Punjab? The Punjab Government has introduced the Asaan Karobar Card to support small and medium-sized enterprises (SMEs) with interest-free loans to boost growth and create job opportunities. This scheme offers a revolving credit facility of up to PKR 1 million to help you scale your business without worrying about high-interest rates. If you’re looking to take advantage of this opportunity, read on to learn all about the application process, eligibility, and important details.

What is Asaan Karobar Card?

The Asaan Karobar Card is an initiative launched by the Punjab Government to help young entrepreneurs and small business owners. Through this program, businesses can receive interest-free loans of up to PKR 1 million. This scheme is designed to support:

• Young entrepreneurs

• Small business owners

• Startups

By offering zero-interest loans and leveraging mobile apps and POS systems, the scheme ensures convenience and transparency in the loan process. It’s a great opportunity for businesses to scale, especially those in their early stages.

8171 Web Portal Update May 2025

Key Features of the Asaan Karobar Card

How to Apply for the Asaan Karobar Card: A Step-by-Step Guide

Ready to apply for the Asaan Karobar Card? Follow these simple steps to complete your application:

Step 1: Visit the Official Website

Go to akc.punjab.gov.pk and click on “Register Now” to begin the process.

Step 2: Fill Out the Registration Form

Enter the required details:

• Full name (as per CNIC)

• CNIC number and date of birth

• Father or husband’s name

• CNIC issue and expiry dates

• Active mobile number

• A strong password

Step 3: Submit the Form and Confirm

Review your details, then click “Register”. You will receive a confirmation SMS on your mobile.

Step 4: Log In and Access Your Dashboard

Return to the official website and log in using your CNIC and password. Explore the dashboard where you can manage your loan services.

Eligibility Criteria for Asaan Karobar Card

Before applying, ensure you meet the following eligibility criteria:

• Pakistani citizen residing in Punjab

• Age between 21 to 57 years

• Valid CNIC and registered mobile number

• Active business in Punjab or business plans to start

• Clear credit history (no overdue loans)

• Successful completion of psychometric and credit assessments

• PRA/FBR registration within 6 months

Required Documents for Application

Here’s what you need to submit:

• CNIC (front & back)

• Proof of residence

• Business premises verification

• PRA/FBR registration documents

• Bank and credit records

Loan Utilization and Repayment Details

The loan is provided in two stages:

• First 50% of the loan is available within the first 6 months.

• Second 50% is disbursed once the first portion is properly utilized and repaid.

Repayment Terms

• Grace Period: No repayment for the first 3 months.

• Monthly Installments: Minimum 5% of the loan amount.

• Repayment Period: The balance is repaid over the next 24 months.

Funds can only be used for business purposes such as paying vendors, utility bills, and government fees.

Charges Associated with the Loan

• Annual Card Fee: PKR 25,000 + FED (deducted from the loan limit)

• Life Assurance and Delivery Costs: Additional fees apply

• Late Payment Penalty: According to the bank’s policies

How to Check the Status of Your Asaan Karobar Loan Application

After applying, stay updated on your application status through the following methods:

• Online Portal: Log in to view real-time status.

• SMS Service: Send “STATUS [Application ID]” to 8300.

• Helpline: Call 051-9053333 or +92-51-9053333.

• In-person Inquiry: Visit the nearest NBP branch with your CNIC for status updates.

Frequently Asked Questions (FAQs)

Q1: How long does it take to receive the card?

Initially, a card with Rs. 500,000 will be issued. The second card will be issued a few months later.

Q2: Can I submit more than one application?

No, each individual or business can only apply once.

Q3: What can I use the loan for?

The loan must be used for business-related expenses such as vendor payments, utility bills, and government fees.

Q4: What should I do if my application is delayed?

Ensure all required documents are uploaded and check your NADRA records. You can also contact the support team for assistance.

Q5: Is there a fixed budget for the scheme?

Yes, the total budget for this scheme is PKR 84 billion, with PKR 48 billion allocated for the Asaan Karobar Card.

Conclusion:

The Asaan Karobar Card is an incredible opportunity for small business owners and young entrepreneurs in Punjab to grow their businesses with zero-interest loans. If you’re eligible, make sure to submit your application correctly and on time. Keep track of your loan status through the online portal, SMS service, or helpline, and start using the funds to scale your business effectively.