CM Punjab Asaan Karobar Card 2025
Maryam Nawaz, the Chief Minister of Punjab, has launched the Punjab Asaan Karobar Card to assist small business owners in the region. This card offers an interest-free loan of up to 1 million, which entrepreneurs can use to grow or start their businesses.
If you need guidance, the government also provides support through a representative. Two registration methods are available: one through the official website and the other through the Bank of Punjab.
For More Information: Punjab Asaan Karobar Card Loan Scheme Registration
What Is the CM Punjab Asaan Karobar Card?
The Asaan Karobar Card is a unique initiative aimed at helping small business owners in Punjab. The card offers a loan of up to 1 million without interest, allowing businesses to manage their expenses, pay suppliers, and cover utility bills. It simplifies the process of accessing and using funds, promoting growth through digital transactions.
The loan can be repaid in installments over three years. The card ensures transparency and efficient use of funds, making it easier for business owners to operate smoothly.
Main Features of the Card
Here are some of the important features of the CM Punjab Asaan Karobar Card:
- The Loan Limit is up to 1 million.
- The loan must be paid in 24 equal monthly installments after one year.
- A 3-month grace period is provided to begin repayments.
- Funds can be used for business-related expenses such as paying vendors, taxes, and utility bills, and up to 25% can be withdrawn as cash.
- The card supports digital transactions through POS systems and mobile apps.
This card is designed to make it easier for small businesses to manage their finances. Whether you need to pay suppliers or cover other business costs, this loan can help.
Eligibility Requirements
To apply for the CM Punjab Asaan Karobar Card, you need to meet these criteria:
- Age: 21 to 57 years old.
- Only Pakistani nationals residing in Punjab.
- The business must be based in Punjab.
- A valid CNIC and a phone number registered in your name.
- Applicants should have no overdue loans.
- A credit and psychometric evaluation will be conducted.
- Only one application per person or business is allowed.
Ensure you meet all these requirements before applying.
وزیراعلیٰ پنجاب آسان کاروبار کارڈ کے لیے درخواست دینے کے لیے، آپ کو ان معیارات پر پورا اترنا ہوگا:
عمر: 21 سے 57 سال۔
صرف پاکستانی شہری جو پنجاب میں مقیم ہیں۔
کاروبار پنجاب میں ہونا چاہیے۔
آپ کے نام پر رجسٹرڈ ایک درست CNIC اور ایک فون نمبر۔
درخواست دہندگان کو کوئی واجب الادا قرض نہیں ہونا چاہئے۔
کریڈٹ اور سائیکومیٹرک تشخیص کی جائے گی۔
فی شخص یا کاروبار صرف ایک درخواست کی اجازت ہے۔
درخواست دینے سے پہلے یقینی بنائیں کہ آپ ان تمام ضروریات کو پورا کرتے ہیں۔
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How to Apply for the Punjab Asaan Karobar Card?
Applying for the card is simple and can be done online. Follow these steps:
- Go to the CM Punjab Asaan Karobar Card portal.
- Enter your name, CNIC number, business information, mobile number, and password.
- n: Complete the application by clicking the registration button.
- A non-refundable processing fee of 500 PKR is required.
- Your CNIC and business details will be verified digitally by authorized agencies.
- Once everything is verified, your card will be issued.
Loan Usage and Repayment Process
Once your card is approved, here’s how the loan will work:
- First 50% of Loan Limit is Available for use in the first 6 months
- You get 3 months after receiving the card to begin repayments.
- After the grace period, monthly repayments of at least 5% of the remaining loan balance are required.
- Second 50% of Loan Limit Unlocked after proving responsible usage of the first half and timely repayments
Funds are meant for business expenses only. Personal expenses are not allowed.
Fees and Charges
While the card offers an interest-free loan, there are some associated fees:
- Annual Card Fee: 25,000 PKR plus Federal Excise Duty.
- Additional Charges: Costs for life assurance, card issuance, and delivery.
- Late Payment Fee: If repayments are missed, late fees will apply based on the bank’s policy.
Security and Conditions
There are a few conditions to keep in mind when using the Asaan Karobar Card:
- A digital signature for a personal guarantee is required.
- Included as part of the card scheme.
- Urban Unit will check the business location within 6 months and annually after loan approval.
- You must register with PRA/FBR within 6 months of receiving the card.
- Funds can only be used for business-related purposes.
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Additional Support for Entrepreneurs
For new businesses and startups, additional support is provided:
- Available on PSIC and BOP websites to guide you on starting and growing your business.
- If you need help or have questions, contact the program’s helpline at 1786.
- More information is available on the official CM Punjab Asaan Karobar Card website.
Benefits of the CM Punjab Asaan Karobar Card
This card brings many advantages to small businesses in Punjab, such as:
- Helps businesses expand without the burden of interest
- Easy repayment terms make it more manageable for entrepreneurs.
- Digital Transactions simplifies the process of tracking funds and repayments.
- Support for Business Payments helps cover payments for vendors, suppliers, and utilities.
- Transparency ensures the funds are used for legitimate business purposes.
Conclusion
The CM Punjab Asaan Karobar Card is a valuable opportunity for small entrepreneurs in Punjab. It offers interest-free loans to help businesses grow. The simple online application process and the easy-to-use digital platform make managing funds convenient. If you meet the eligibility criteria, apply online and take advantage of this support for your business growth.