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The Punjab government, led by Chief Minister Maryam Nawaz Sharif, has launched the Asaan Karobar Card Scheme to support small business owners and entrepreneurs. This initiative provides interest-free loans of up to Rs. 10 lakh, helping individuals expand existing businesses or start new ventures.
With easy eligibility criteria and a structured loan repayment plan, the Asaan Karobar Card aims to strengthen Punjab’s economy by empowering small businesses. This article covers eligibility, loan details, application process, cheque distribution, and repayment conditions.
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Key Features of the Asaan Karobar Card Scheme 2025
| Feature | Details |
|---|---|
| Loan Amount | Up to Rs. 10 lakh for eligible applicants |
| Eligibility | Punjab residents 21+ years old, clear FBR record, no prior government loans |
| Repayment | The loan to be repaid within 3 years in monthly installments |
| Usage | Business purposes only (equipment, expansion, infrastructure, etc.) |
| Processing Fee | Rs. 500 (non-refundable) via mobile banking or designated banks |
What is the Asaan Karobar Card?
The Asaan Karobar Card is a financial assistance program designed to provide easy access to capital for small business owners. It aims to boost economic growth, reduce unemployment, and promote entrepreneurship across Punjab.
Who Can Benefit from This Scheme?
- Small business owners looking to expand operations
- New entrepreneurs wanting to start a business
- Individuals needing funds for business equipment & resources
The Punjab government ensures the transparent distribution of these funds, with a strict loan utilization policy preventing misuse.
Eligibility Criteria for the Asaan Karobar Card
To apply for the Asaan Karobar Card, applicants must fulfill the following requirements:
✔ Permanent Resident of Punjab – Must have a valid CNIC issued in Punjab
✔ Age Requirement – Must be 21 years or older
✔ Business Location – The business should be located within Punjab
✔ Clear FBR Record – No pending tax dues with the Federal Board of Revenue (FBR)
✔ No Prior Government Loans – Applicants should not have taken previous loans from government schemes or banks
If you meet these conditions, you are eligible to apply for the Asaan Karobar Card.
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How to Apply for the Asaan Karobar Card?
Follow these step-by-step instructions to apply for this scheme:
Step 1: Pay the Processing Fee
- Applicants must submit Rs. 500 (non-refundable) via mobile banking or at designated bank branches.
Step 2: Prepare Required Documents
Ensure you have the following:
- Valid CNIC (Computerized National Identity Card)
- Business Details (type of business, location, operations, etc.)
- FBR Tax Record (should be clear of tax liabilities)
Step 3: Complete the Registration Process
- Visit the official government website or designated registration centers.
- Fill out the online or physical application form.
- Submit the required documents.
Step 4: Await Confirmation
- Once registration is complete, applicants will receive an SMS or phone call regarding their application status.
Step 5: Receive Loan & Asaan Karobar Card
- Eligible applicants will be guided on how to collect their Asaan Karobar Card and receive their loan cheque.
Loan Disbursement & Cheque Distribution
Once an applicant’s eligibility is confirmed, the Punjab government starts disbursing loan cheques through official government distribution events.
✔ Cheque Collection – Beneficiaries must collect their cheques from government offices or designated centers.
✔ Personal Distribution – Chief Minister Maryam Nawaz Sharif personally hands over cheques to selected business owners at events.
✔ Direct Bank Deposit – Some approved applicants may have the loan directly deposited into their bank accounts.
Loan Repayment Terms & Conditions
All beneficiaries of the Asaan Karobar Card must repay the loan within three years, under the following conditions:
📌 Repayment Mode: Monthly installments via bank transfers
📌 Late Payment Penalty: Delays will result in extra charges
📌 Loan Utilization Check: Funds must be used for business purposes only
To avoid penalties, it is recommended that beneficiaries make timely repayments.
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Why Should You Apply for the Asaan Karobar Card?
This government-backed initiative provides financial stability to small business owners. Here’s why you should apply:
- Zero Interest Rate – No additional cost on borrowed money
- Easy Repayment – Flexible three-year repayment plan
- Quick Application Process – Simple documentation and verification
- Economic Growth – Supports small businesses & employment generation
- Transparent Distribution – Government-supervised to prevent fraud
If you are eligible, don’t miss out on this opportunity to grow your business.
Frequently Asked Questions (FAQs)
1️⃣ What is the maximum loan amount under the Asaan Karobar Card?
Eligible business owners can receive up to Rs. 10 lakh.
2️⃣ How can I apply for the Asaan Karobar Card?
Submit your CNIC, business details, and FBR record along with a Rs. 500 processing fee via mobile banking or bank deposit.
3️⃣ Is this loan interest-free?
Yes, the loan is completely interest-free and must be repaid within three years.
4️⃣ Can I use this loan for personal expenses?
No, the loan is strictly for business purposes, such as purchasing equipment or expanding operations.
5️⃣ What happens if I don’t repay the loan on time?
Failure to make timely repayments will result in penalties and extra charges. Continuous default may lead to legal action.
Final Thoughts
The Asaan Karobar Card Scheme is a golden opportunity for entrepreneurs and small business owners in Punjab. With interest-free loans, an easy application process, and government-backed support, this initiative provides much-needed financial relief to those looking to expand or start a business.
✅ If you meet the eligibility criteria, apply today! This program can help you achieve business success and contribute to Punjab’s economic growth.
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احساس پروگرام، بے نظیر انکم سپورٹ پروگرام اور مریم نواز کے تمام پروگرامز کی بروقت اپ ڈیٹس کے لیے ہمیں وٹس ایپ چینل پر فالو کریں
Mutee Ur Rehman
Mutee Ur Rehman is a social policy expert with experience in BISP 8171 and top welfare organizations. He founded BISP8171.com.pk to guide people on government aid programs with accurate and clear information.