Do you have trouble finding a bank loan to your small business? CM Punjab Asaan Karobar Card 2025 is an offer that can provide business starters in Punjab with interest-free capital (PKR 1 million). This was initiated by Chief Minister Maryam Nawaz Sharif and is aimed at helping shopkeepers, freelancers and small business owners to expand their ventures without incurring the excessive interests.
What is the CM Punjab Asaan Karobar Card?
Asaan Karobar Card is an electronic business funding plan which operates as a credit card having no interest. It also offers a revolving credit facility in order to assist small businesses and startups to cover their expenses effortlessly.
The scheme promotes:
- Easy access to funds
- Transparent digital transactions
- Financial inclusion through mobile apps and POS systems
It falls under the larger economic empowerment agenda of Punjab, other than the Punjab Green Tractor Scheme and the Maryam Nawaz Loan Program.
Key Features & Benefits of Asaan Karobar Card 2025
Here’s why this scheme stands out for entrepreneurs:
- Loan Limit: Up to PKR 1,000,000
- Interest Rate: 0% for the first year
- Loan Tenure: 3 years
- Credit Facility: Revolving credit for first 12 months
- Repayment: 24 equal monthly installments after one year
- Grace Period: 3 months from card issuance
- Cash Withdrawal: Up to 25% for essential business needs
- Digital Payments: Utility bills, suppliers, and government fees via POS & mobile app
Why Entrepreneurs Love It
- Zero interest in the first year
- Simple online process
- Supports business sustainability
- Fully digital and transparent system
- Encourages financial inclusion in Punjab
Eligibility Criteria for Asaan Karobar Card
Before applying, make sure you meet these requirements:
- Age: 21 to 57 years
- Nationality: Pakistani citizen and permanent resident of Punjab
- Business: Existing business or a viable new business idea in Punjab
- CNIC: Valid computerized CNIC
- Mobile Number: Registered in applicant’s own name
- Credit History: No previous loan default
- One Application Rule: Only one application per person/business
How to Apply Online for CM Punjab Asaan Karobar Card 2025
The application process is completely digital through the PITB portal. Follow these steps:
- Visit the official portal: https://acad.org.pk/
- Register with CNIC, name, and mobile number
- Login to your dashboard
- Fill in personal, business, and loan details
- Upload required documents (CNIC copy, etc.)
- Pay processing fee of PKR 500 online
- Review and submit your application
Charges, Rules & Regulations
Although the loan is interest-free, some charges apply:
- Annual Card Fee: PKR 25,000 + FED
- Processing Fee: PKR 500 (non-refundable)
- Late Payment Fee: As per bank policy
- Life Insurance & Delivery Charges: Covered by the scheme
Important Rules
- Funds must be used for business purposes only
- Tax registration with FBR/PRA required within 6 months
- Phased release: 50% limit first, remaining after compliance and repayments
Asaan Karobar Card Helpline
For application issues or status updates, contact:
Helpline Number: 1786
Why This Initiative Matters in 2025
Punjab is moving towards digital financial inclusion. By offering interest-free credit, the Asaan Karobar Card aims to:
- Reduce unemployment
- Boost small business growth
- Encourage entrepreneurship
- Strengthen the local economy
This scheme is especially helpful for:
- Shopkeepers needing working capital
- Freelancers upgrading setups
- Micro-enterprises facing rising costs
Conclusion
CM Punjab Asaan Karobar Card 2025 is a strong initiative to give the small businesses in Punjab a hand. It has zero percent interest, is easy to access online and has a transparent digital set up, is an uncommon chance to expand your enterprise without worrying about the financial consequences.
You have all the right to take this opportunity and all you have to do is head to the application online and make a sure move towards a greater financial future.
