CM Punjab Asaan Karobar Card 2025 – Online Application, Eligibility & Benefits July Update

To boost small enterprises and empower new entrepreneurs, the Punjab Government has introduced the CM Punjab Asaan Karobar Card 2025, offering financial assistance to help them grow their businesses. This interest-free loan scheme offers up to PKR 1 million through a smart, digitally integrated SME card, enabling easy and transparent business transactions using mobile apps and POS (Point of Sale) systems.

Main Features of the Asian Karobar Card

Loan Limit and Tenure

• Maximum Loan Amount: PKR 1,000,000
• Repayment Term: 3 years
• Grace Period: First 3 months after card issuance
• Repayment Plan:
  • First 12 months: Revolving credit facility
  • Next 24 months: Fixed monthly installments

How the Loan Can Be Used

Eligible businesses can use the funds for:

• Paying vendors and suppliers
• Clearing utility bills, government taxes, and fees
• Conducting digital transactions via mobile apps or POS systems
• Withdrawing up to 25% of the loan amount in cash for business needs

Eligibility Requirements

To qualify for the Asaan Karobar Card, applicants must:

• Applicants must be Pakistani citizens currently residing in Punjab.
• Possess a valid CNIC and an active mobile number
• Own or intend to launch a business within Punjab
• Be aged between 21 to 57 years
• Maintain a good credit history
• Successfully clear a psychometric and credit assessment test

Note: Each individual or business can submit only one application.

Application Process – Step by Step

1. Go to the official Punjab Information Technology Board (PITB) Website
2. Fill out the online application form
3. Pay the PKR 500 non-refundable processing fee
4. Upload all required documents
5. Digital verification of CNIC, business address, and credit background will follow

Loan Disbursement and Repayment Details

• 50% of the credit limit will be made available during the first six months
• The remaining 50% will be accessible after verifying proper use and registering with PRA or FBR

Repayment Plan:

• After the grace period, borrowers must repay 5% of the used balance monthly
• The remaining balance will be divided into 24 equal installments

Allowed and Restricted Transactions

Permitted Uses:

• Business-related digital payments
• Vendor and supplier settlements
• Government dues and utility bills
• POS and mobile wallet transactions

Prohibited Uses:

• Personal expenditures
• Non-business financial activities

Fees

• Annual Fee: PKR 25,000 + FED (deducted from credit limit)
• Late Payment Charges: As per bank policy
• Insurance and Card Issuance Fees: Covered by the program

Security and Verification Measures

• A digitally signed personal guarantee provided by the applicant is required.
• Mandatory life insurance
• Physical business site verification by The Urban Unit
• Business registration with PRA or FBR is compulsory within 6 months

Support for Entrepreneurs

The Punjab Small Industries Corporation (PSIC) and Bank of Punjab (BOP) will offer business guidance and feasibility study assistance to applicants, especially new startups.

Need Help?

For further information or support, call the Punjab Government Helpline: at 1786

Final Words

The CM Punjab Asaan Karobar Card 2025 is a forward-thinking initiative that offers interest-free financial aid to small-scale business owners across Punjab. With simple eligibility, digital transactions, and structured repayments, this scheme aims to foster entrepreneurship and strengthen the province’s economy.