The Punjab Asaan Karobar Card Scheme is a new chance for small business owners in Punjab. It helps them grow their business. This scheme gives interest-free loans. You can get up to PKR 1 million. The loan comes through a Digital SME Card. You can use it for business needs only. It is managed in a digital way. You can use a mobile app or POS system to use the money.
✅ Important Information
| Feature | Details |
|---|---|
| Loan Amount | Up to PKR 1 million |
| Loan Type | Revolving credit |
| Loan Duration | 3 years |
| Interest Rate | 0% (Interest-free) |
| Grace Period | First 3 months no repayment |
| Start of Repayment | After 1 year |
| Monthly Installments | 24 equal payments |
| Cash Withdrawal Limit | 25% of total loan |
| Application Fee | PKR 500 (non-refundable) |
| Annual Card Fee | PKR 25,000 + FED |
| Loan Usage | Business only not for personal use |
| Application Deadline | March 31 2025 |
The loan can be used to pay suppliers. It can also be used to pay utility bills and government taxes. You can withdraw cash from the card. But only 25% of the total loan can be withdrawn as cash. You can make digital payments using mobile apps or POS machines. It is safe and easy. But remember you cannot use the loan for personal use or entertainment.
✨ Eligibility Conditions
You must be between 21 and 57 years old. You must live in Punjab and be a Pakistani citizen. Your CNIC must be valid. Your mobile number must be in your own name. You should already have a business or you must plan to start one. You must not have any overdue loans. Only one person or business can apply once. There will be some psychometric and credit checks before approval.
📲 How to Apply
Go to the Punjab Information Technology Board (PITB) website. Fill out the online application form. Pay PKR 500 as a fee. Your CNIC will be checked. Your business place will be verified. You can apply by visiting this website: akc.punjab.gov.pk
🔄 Loan Use and Repayment
You will get the first 50% of the loan in the first 6 months. No need to pay anything in the first 3 months. After 3 months you have to pay 5% of the amount every month. If you pay regularly and register with PRA or FBR, the second 50% of the loan will be given. You will pay the rest in equal monthly installments over 2 years.
💳 Charges and Security
There is an annual card fee of PKR 25,000 + FED. This will be cut from the loan itself. Life assurance is included in the scheme. You will sign a digital guarantee. Your business will be physically checked by the Urban Unit team. This will happen within 6 months and then once every year. If you miss any payments you will have to pay penalties. These will be decided by the bank.
⚠️ Important Rules
The loan is only for business. You must register with PRA or FBR within 6 months. One person or business can apply only once. If you break the rules your loan may be cancelled.
🤝 Extra Help for Business Owners
Some business plans and guides are available. You can find them on PSIC and BOP websites. If you need help call the helpline 1786. It is available for any questions.
For more details visit the website: akc.punjab.gov.pk
This scheme is very helpful. You can grow your small business without paying any interest. Everything is digital and transparent. You can control all your spending. You get financial help with easy rules. You don’t need to worry about high interest or hidden fees. Apply today and give your business a fresh start. 🚀
📅 Last Date to Apply
You must apply before March 31 2025. If you miss the deadline you cannot apply. So apply early and get this great chance to grow your business in Punjab.
کاروبار لون سکیم میں اپلائی کرنے کے لیے کلک کریں
❓ FAQs
Q1. Can I use the loan for personal needs?
No. The loan is only for business use. Not allowed for personal expenses.
Q2. What is the interest rate on this loan?
The interest rate is 0%. It is fully interest-free.
Q3. How much time do I have to repay the loan?
You start paying after 1 year. Then repay in 24 equal parts.
Q4. Can I apply if I don’t have a running business yet?
Yes. If you plan to start a business in Punjab you can apply.