CM Punjab Asaan Karobar Card Apply Online – Interest-Free Loan Guide
CM Punjab Asaan Karobar Card Apply Online – Interest-Free Loan Guide. Are you struggling to secure a bank loan for your small business? The CM Punjab Asaan Karobar Card 2025 is a golden opportunity to apply online and get an interest-free loan of up to PKR 1 million. Launched by Chief Minister Punjab Maryam Nawaz Sharif, this initiative helps shopkeepers, freelancers, and small entrepreneurs grow their businesses without falling into heavy debt traps. In this guide, we’ll cover everything from eligibility criteria to the online registration process—so you can apply confidently and secure your financial future.
What is the CM Punjab Asaan Karobar Card?
Think of it as a business credit card with 0% interest. The Asaan Karobar Card is a digital financing scheme that provides a revolving credit facility to small businesses and startups in Punjab. It ensures easy access to funds, transparency in transactions, and financial inclusion through secure digital channels like mobile apps and POS systems.
This scheme is a vital part of Punjab’s economic empowerment programs, aligned with other initiatives like the Punjab Green Tractor Scheme and Maryam Nawaz Loan Program.
Key Features & Benefits of Asaan Karobar Card 2025
Here’s a quick breakdown of why this card stands out:
| Feature | Details |
|---|---|
| Loan Limit | Up to PKR 1,000,000 |
| Interest Rate | 0% (Interest-Free) for the first year |
| Loan Tenure | 3 years (grace period + repayment period) |
| Credit Facility | Revolving credit for the first 12 months |
| Repayment | 24 equal monthly installments (after 1 year) |
| Grace Period | 3 months from card issuance date |
| Cash Withdrawal | Up to 25% of limit for essential business needs |
| Digital Payments | Utility bills, supplier payments, government fees via POS & mobile app |
Why Entrepreneurs Love It
- Zero interest for the first year
- Simple online application process
- Boosts business sustainability
- Transparent and fully digital system
- Encourages financial inclusion in Punjab
Eligibility Criteria for Asaan Karobar Card
Before applying, make sure you meet the following conditions:
- Age: Between 21 and 57 years
- Nationality: Pakistani citizen and permanent resident of Punjab
- Business: Existing enterprise or a viable new business idea within Punjab
- CNIC: Valid Computerized National Identity Card
- Mobile Number: SIM registered in applicant’s own name
- Credit History: No default on previous loans
- One Application Rule: Only one application per individual/business
Additionally, applicants must pass digital CNIC verification and a psychometric business assessment.
How to Apply Online for CM Punjab Asaan Karobar Card 2025
Applying is fully digital through the official PITB portal. Follow these steps:
- Visit Official Portal → https://acad.org.pk/
- Register → Enter CNIC, name, and mobile number
- Login → Access your dashboard with credentials
- Fill Application Form → Provide personal, business, and loan details
- Upload Documents → CNIC copy & required papers
- Pay Processing Fee → Non-refundable PKR 500 via online payment
- Submit Application → Review carefully before final submission
After submission, your details are digitally verified. The Urban Unit may also inspect your business physically.
Charges, Rules & Regulations
Although the loan is interest-free, some charges and rules apply:
- Annual Card Fee: PKR 25,000 + FED
- Processing Fee: PKR 500 (non-refundable)
- Late Payment Fee: Bank policy applies
- Life Insurance & Delivery Charges: Covered by scheme
Important Rules
- Business Use Only – Funds cannot be used for personal expenses
- Tax Registration Required – Must register with FBR/PRA within 6 months
- Phased Release – 50% credit limit first, 50% after compliance & repayments
Asaan Karobar Card Helpline
If you face issues in the application or status check:
- Helpline Number: 1786
Why This Initiative Matters in 2025
Punjab is moving towards digital financial inclusion. By empowering small businesses with interest-free credit, CM Maryam Nawaz aims to reduce unemployment, boost economic growth, and support local entrepreneurship.
This is especially crucial for:
- Shopkeepers needing working capital
- Freelancers expanding digital setups
- Micro-enterprises struggling with rising costs
FAQs About CM Punjab Asaan Karobar Card 2025
How much loan can I get under the Asaan Karobar Card?
Ans: You can get up to PKR 1 million interest-free credit.
Is the Asaan Karobar Card available outside Punjab?
Ans: No, it is only for permanent residents of Punjab.
What happens if I miss an installment?
Ans: A late payment penalty will apply as per the bank’s policy.
Conclusion
The CM Punjab Asaan Karobar Card Apply Online 2025 is more than just a financial scheme it’s a game-changer for entrepreneurs. With zero-interest financing, easy digital applications, and strong government support, this program reduces the biggest barrier small businesses face: access to capital.
