CM Punjab Asaan Karobar Card 2025 – Interest-Free Loans for Small Businesses

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The Chief Minister of Punjab, Maryam Nawaz Sharif, has launched the Asaan Karobar Card 2025 — a new financial support scheme to help small and medium business owners grow their enterprises. This initiative provides interest-free loans of up to PKR 1 million through a digital SME card, allowing entrepreneurs to access funds easily and securely.

The main goal of the scheme is to promote entrepreneurship and strengthen Punjab’s small business sector by offering quick, transparent, and fully digital financial assistance. All transactions will be processed through online platforms, mobile apps, and POS systems for maximum transparency.

Key Features of the Asaan Karobar Card

  • Maximum Loan Limit: Up to PKR 1,000,000
  • Loan Tenure: 3 years
  • Interest Rate: 0% (completely interest-free)
  • Credit Type: Revolving credit for 12 months
  • Repayment: 24 equal monthly installments after one year
  • Grace Period: 3 months from card issuance

Funds can be used for:

  • Vendor or supplier payments
  • Utility bills, government taxes, and fees
  • Business-related digital payments (POS and mobile apps)
  • Cash withdrawals (up to 25% of the total limit)

Eligibility Criteria

To apply for the CM Punjab Asaan Karobar Card, applicants must:

  • Be 21–57 years old
  • Be a resident of Punjab and Pakistani national
  • Have a valid CNIC and registered mobile number
  • Own or plan to start a small business in Punjab
  • Have a clean credit record with no unpaid loans
  • Pass a credit and psychometric assessment

Note: Only one application per person or business is allowed.

Application Process

Applications are submitted digitally through the Punjab Information Technology Board (PITB) portal.

  1. Visit the official website and click Apply Now.
  2. Read all instructions and confirm eligibility.
  3. Complete registration with your CNIC and mobile number.
  4. Fill out personal, business, and loan details.
  5. Upload the required documents and submit your application.

The processing fee is PKR 500 (non-refundable), and applicants will receive digital verification through NADRA and other agencies.

Loan Usage and Repayment Policy

  • 50% of the loan amount can be used within the first six months.
  • The remaining 50% will be released after verification of usage and regular repayments.
  • Monthly installments begin after the 3-month grace period.
  • Borrowers must register with PRA or FBR within six months of card issuance.
  • Funds can only be used for business purposes — personal use is not allowed.

Additional Details

  • Annual card fee: PKR 25,000 + FED (deducted from the approved limit)
  • Includes life insurance and business verification by Urban Unit.
  • Physical verification will occur within six months of loan approval.
  • For startups, business feasibility templates are available on the BOP and PSIC websites.

Helpline: 1786

Conclusion

The CM Punjab Asaan Karobar Card 2025 is a major step toward supporting small entrepreneurs and new business owners across Punjab. With interest-free loans up to PKR 1 million, easy digital processing, and transparent repayment plans, this scheme will help thousands of individuals turn their business dreams into reality. It’s a promising move toward a stronger, self-reliant economy in Punjab.

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