CM Punjab Asaan Karobar Card Program 2025 Registration – Apply Online for Interest-Free Business Loans

The Government of Punjab, under the visionary leadership of Chief Minister Maryam Nawaz, has introduced the CM Punjab Asaan Karobar Card Program 2025 Registration — a groundbreaking initiative designed to empower small entrepreneurs (SMEs) by offering interest-free loans of up to PKR 1 million. Through this digital SME card, business owners across Punjab can conveniently access financing for vendor payments, taxes, utility bills, and business growth. The program ensures full transparency, digital management, and structured repayment through modern financial channels like mobile apps and POS systems. With zero interest, a flexible 3-year tenure, and digital verification, this scheme is a golden opportunity for aspiring and existing entrepreneurs to expand their businesses sustainably

Program Overview

Key Features of the Scheme

• Interest-Free Loan: Up to PKR 1 million.
• Loan Tenure: 3 years with 12-month revolving credit facility.
• Grace Period: 3 months after card issuance.
• Repayment: 24 equal monthly installments after grace period.
• Digital Usage: Payments to vendors, suppliers, utilities, government fees, and limited cash withdrawal (up to 25%).
• Transparency: Funds usage tracked via mobile app & POS systems.
• Eligibility:
  • Age: 21–57 years
  • Must be a Pakistani national residing in Punjab
  • Valid CNIC & mobile number in applicant’s name
  • Existing or potential business located in Punjab
  • Satisfactory credit and psychometric assessment
  • Only one application per individual/business
  • Clean credit history with no overdue loans

Loan Usage and Repayment Details

• First 50% Limit: Available for use within the first 6 months.
• Grace Period: 3 months from card issuance before repayment begins.
• Minimum Payment: 5% of the outstanding loan balance (principal only).
• Second 50% Limit: Released after satisfactory usage, regular repayment, and PRA/FBR registration.
• Restricted Usage: Funds strictly for business-related purposes; personal/non-business transactions blocked.
• Repayment: Remaining balance to be paid over 2 years (24 EMIs).

Charges / Fees

• Annual Card Fee: PKR 25,000 + FED (deducted from approved limit).
• Additional Charges: Life assurance, card issuance, and delivery costs covered by the scheme.
• Late Payment Charges: As per bank policy / schedule of charges.

Security and Verification

• Personal Guarantee: Digitally signed by borrower.
• Life Assurance: Included for all borrowers.
• Physical Verification: Conducted by Urban Unit within 6 months of approval and annually thereafter.

Additional Support

Feasibility Studies: Available on PSIC and BOP official websites to help startups and new entrepreneurs.

• Helpline: 1786 (for assistance and guidance).

How to Apply

1. Visit the official PITB Portal or Asaan Karobar Card website:
   👉 https://akc.punjab.gov.pk/cmpunjabfinance
2. Fill out the digital application form online.
3. Pay the non-refundable processing fee of PKR 500.
4. Undergo digital verification of CNIC, business premises, and creditworthiness.
5. Once approved, receive your Digital SME Card for business use.

Terms and Conditions

1. Loans are strictly for business-related expenses.
2. Each applicant is eligible for only one loan per business or individual.
3. Registration with PRA/FBR is mandatory within six months of card issuance.
4. All verifications are digitally conducted for transparency.
5. Non-business transactions (entertainment, personal use, etc.) are blocked.
6. The Government of Punjab, PITB, and BOP reserve the right to amend terms or eligibility criteria without notice.