Asaan Karobar Card 2026 Registration For Business Loan up to PKR 1 Million

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Punjab Government has launched the Asaan Karobar Card 2026 under the Chief Minister Punjab Finance Initiative to empower small entrepreneurs and SMEs across the province. This landmark program provides interest-free loans of up to PKR 1 million through a digital SME card, ensuring transparent fund utilization via digital channels such as Mobile App and POS systems.

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The scheme aims to support existing and new businesses in Punjab by offering easy access to capital, structured repayments, and complete digital monitoring.

Asaan Karobar Card 2026 Registration For Business Loan up to PKR 1 Million

The Asaan Karobar Card 2026 is a revolutionary, interest-free SME loan program designed to strengthen Punjab’s small business ecosystem. With transparent digital controls, easy repayment terms, and zero interest, this initiative offers a golden opportunity for entrepreneurs to grow, sustain, and formalize their businesses.

Eligible applicants are strongly encouraged to apply online, regularly check their Asaan Karobar Card status, and ensure compliance to unlock the full benefits of this program.

Asaan Karobar Card 2026 Apply Online

The Asaan Karobar Card is a revolving digital credit facility issued to eligible small entrepreneurs. Instead of traditional cash loans, funds are utilized through POS machines, mobile apps, and limited cash withdrawal, ensuring that financing is strictly used for business purposes.

Key Features of Asaan Karobar Loan 2026

  • Maximum Loan Limit: PKR 1 Million

  • Loan Tenure: 3 Years

  • Loan Type: Revolving credit for first 12 months

  • Repayment Period: 24 Equal Monthly Installments (after first year)

  • Grace Period: 3 months from card issuance

  • End-User Interest Rate: 0% (Interest-Free)

Allowed Usage of Asaan Karobar Card

Funds can be used strictly for business-related expenses, including:

  • Vendor and supplier payments

  • Utility bills (electricity, gas, water)

  • Government fees and taxes

  • Digital transactions via POS and mobile app

  • Cash withdrawal up to 25% of approved limit for miscellaneous business needs

❌ Personal shopping, entertainment, and non-business expenses are blocked.

Eligibility Criteria For Asaan Karobar Card 2026

To apply for the Asaan Karobar Program, applicants must meet the following requirements:

  • Small Entrepreneurs (existing or prospective)

  • Age: 21 to 57 years

  • Pakistani national and resident of Punjab

  • Valid CNIC and mobile number registered in applicant’s name

  • Business located in Punjab

  • Clean credit history (no overdue loans)

  • Satisfactory credit & psychometric assessment

  • Only one application per individual/business allowed

Asaan Karobar Card 2026 Registration

How to Apply for Asaan Karobar Card (Online Apply Method)

Applications are accepted digitally only through the PITB system.

Step-by-Step Apply Online Process

  1. Visit the official portal:
    👉 https://akc.punjab.gov.pk/cmpunjabfinance

  2. Create an account or login to Asaan Karobar Card portal

  3. Fill in CNIC, business, and personal details

  4. Submit the digital application

  5. Pay non-refundable processing fee: PKR 500

  6. CNIC, credit history, and business premises verification is conducted digitally

  7. Upon approval, the Asaan Karobar Card is issued

Asaan Karobar Card Status Check By CNIC

Applicants can easily perform:

  • Asaan Karobar Card status check

  • Status check by CNIC

  • Login to Asaan Karobar Card portal

All updates regarding approval, verification, and card issuance are available online.

Asaan Karobar Loan Usage & Repayment Details

First 50% Limit

  • Available within first 6 months

  • Grace period of 3 months

Monthly Repayment

  • Minimum monthly payment: 5% of outstanding principal

  • No interest charged

Second 50% Limit

Released after:

  • Satisfactory usage of first limit

  • Regular repayments

  • Registration with PRA / FBR

Final Repayment

  • Remaining balance repaid over 2 years in Equal Monthly Installments (EMIs)

Charges & Fees Asaan Karobar Card

  • Annual Card Fee: PKR 25,000 + FED (deducted from approved limit)

  • Life assurance, card issuance & delivery charges are covered by the scheme

  • Late payment charges applicable as per bank policy

Security & Verification

  • Personal guarantee digitally signed by borrower

  • Life assurance included

  • Urban Unit conducts physical verification of business premises within 6 months and annually

Asaan Karobar Loan 2026 Apply Online

  • Funds restricted to business use only

  • PRA/FBR registration mandatory within 6 months

  • Only one loan per individual/business

  • Misuse of funds may result in suspension

Asaan Karobar Card 2nd Installment

The second installment (remaining 50%) is released only after:

  • Proper utilization of first limit

  • Timely repayments

  • Successful business verification

Additional Support For Applicants Asaan Karobar

  • Feasibility Studies available for startups

  • Resources available on PSIC & Bank of Punjab websites

Asaan Karobar Card Helpline

📞 1786

For guidance regarding:

  • Registration

  • Resubmission (Asaan Karobar Card Resubmit 2026)

  • Login issues

  • Status check

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