Punjab CM Launches Asaan Karobar Finance and Card Initiative
Punjab’s Chief Minister, Maryam Nawaz Sharif, has unveiled a groundbreaking initiative – the CM Asaan Karobar Finance & Asaan Karobar Card Scheme- designed to offer interest-free loans ranging from Rs 100,000 to Rs 30 million. This scheme provides a remarkable opportunity for entrepreneurs across the region, whether they are launching new ventures or expanding existing businesses. Aimed at fostering self-sufficiency, it promises to be a game-changer for Punjab’s economy.
At the launch event, the Chief Minister personally distributed loan checks to recipients from various cities, such as Faisalabad, Rawalpindi, Lahore, and Sahiwal. Entrepreneurs received financial support for a range of businesses, from pharmaceutical companies to software houses and even beauty salons. This initiative is intended to help countless citizens realize their entrepreneurial dreams.
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Under the scheme:
- Loans from Rs 100,000 to Rs 1 million can be accessed through the Asaan Karobar Card.
- Loans from Rs 1 million to Rs 30 million are provided through Asaan Karobar Finance.
One of the most significant aspects of this program is that it offers zero interest on loans, along with affordable repayment terms. This initiative will not only contribute to economic growth but also create countless job opportunities, helping young entrepreneurs establish themselves.
For those interested in applying, simply visit akc.punjab.gov.pk to begin the application process. The scheme is open to every eligible citizen of Punjab, ensuring that no individual with potential is hindered by financial constraints.

Who Benefits from the CM Asaan Karobar Finance Scheme?
The Asaan Karobar Finance and Asaan Karobar Card programs are already benefiting many entrepreneurs across Punjab. Notable recipients of the loan assistance include:
- Muhammad Asif (Faisalabad) – Rs 30 million for a pharmaceutical business.
- Wajhat Farid (Rawalpindi) – Rs 30 million for a software development company.
- Muhammad Arshad (Lahore) – Rs 30 million for a sports export business.
- Ali Asif (Sahiwal) – Rs 5 million for a furniture business.
- Muhammad Afzal – Rs 31.75 million for a transportation company.
- Muhammad Shabbir (Lahore) – Rs 5 million for a beauty salon and cosmetics business.
- Faizan Mumtaz – Rs 575,000 through Asaan Karobar Card for a garment business.
- Abu Bakr Saleh – Rs 1 million via Asaan Karobar Card for a paper manufacturing venture.
- Chaudhry Zulfiqar Ali – Rs 1 million via Asaan Karobar Card for a bakery business.
These examples showcase the government’s inclusive approach, ensuring that businesses of all scales receive the support they need.
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Highlights of the CM Asaan Karobar Finance Program
During the launch event, a documentary was shared explaining the key features and benefits of the Asaan Karobar Finance and Asaan Karobar Card schemes. Some essential points include:
- Asaan Karobar Card: Loans up to Rs 1 million.
- Asaan Karobar Finance: Loans ranging from Rs 1 million to Rs 30 million.
- Zero Interest: No interest will be charged on loans.
- Easy Repayments: Loan repayments are structured in manageable installments.
- A total of Rs 36 billion has been allocated to Asaan Karobar Finance.
- Rs 48 billion is dedicated to the Asaan Karobar Card Scheme.
- Eligibility: Citizens of Punjab aged 21 to 57 are eligible.
- Convenient Application: Apply easily online via the portal akc.punjab.gov.pk.
Eligibility Requirements for Asaan Karobar Finance & Card
To apply for these programs, applicants must meet the following conditions:
- Age: Between 21 and 57 years old.
- Residency: Must be a citizen of Punjab.
- Business Type: Loans are available for small, medium, and large businesses in a wide range of sectors.
- Loan Types:
- Asaan Karobar Card: Loans up to Rs 1 million.
- Asaan Karobar Finance: Loans ranging from Rs 1 million to Rs 30 million.
- Repayment: Loans are repayable in easy installments without any interest charges.
How to Apply for Asaan Karobar Finance & Card
Eligible individuals can easily apply online by following these simple steps:
- Go to akc.punjab.gov.pk to access the application portal.
- Click on the “Register” button and provide your CNIC, name, contact number, and email address. Verify your registration via an OTP sent to your mobile.
- Fill in personal details, including your CNIC, birth date, and contact info. Specify your business details, including the business type and loan amount needed. Select between Asaan Karobar Card or Asaan Karobar Finance.
- Upload the following required documents:
- Copy of CNIC.
- Proof of business ownership or a business plan if starting a new venture.
- Bank account details.
- Proof of residence in Punjab.
- Review your application thoroughly and click on “Submit” to complete the process.
- The Bank of Punjab will evaluate applications. If approved, you will receive a confirmation via SMS and email, and the funds will be transferred directly to your account or issued via the Asaan Karobar Card.
Government’s Vision for Economic Growth
At the launch event, CM Maryam Nawaz Sharif expressed her commitment to supporting entrepreneurs, stating that the provincial government is doing everything possible to ensure that business owners have access to the capital they need to thrive. The initiative is expected to uplift the economy by nurturing entrepreneurship and creating job opportunities.
Chaudhry Shafi Hussain, the Provincial Minister for Industries, also addressed the audience, reaffirming the government’s dedication to bolstering business growth and economic stability in Punjab.
Conclusion
The Asaan Karobar Finance and Asaan Karobar Card programs present incredible opportunities for entrepreneurs looking to grow their businesses with zero-interest loans and flexible repayment terms. With a simple online application process, this initiative is poised to foster economic development and empower business owners throughout Punjab.
For more details and to apply, visit akc.punjab.gov.pk.