CM PUNJAB ASAAN KAROBAR SCHEME Apply Online 2026
The CM Punjab Asaan Karobar Card is a flagship initiative by the Government of Punjab aimed at empowering small businesses, startups, and self-employed individuals. The scheme provides interest-free financial assistance to help entrepreneurs start, stabilize, or expand their businesses without the burden of bank interest or complex loan procedures.
This program is part of Punjab’s broader vision to promote entrepreneurship, reduce unemployment, and strengthen the small business economy.
What Is CM Punjab Asaan Karobar Card
The Asaan Karobar Card is a government-backed digital business card that allows eligible individuals to access interest-free loans of up to PKR 1 million. The card works like a controlled financing tool that ensures funds are used strictly for business purposes.
The scheme is designed to support:
- Small shopkeepers
- Traders and vendors
- Home-based businesses
- Freelancers and service providers
- New startups
Objectives of the Asaan Karobar Card Scheme
Supporting Small Businesses
Small businesses often face financial barriers due to lack of collateral and high interest rates. This scheme removes those obstacles by offering easy and affordable financing.
Encouraging Entrepreneurship
By providing interest-free loans, the government encourages young people and skilled individuals to start their own businesses.
Promoting Financial Inclusion
The digital nature of the card ensures transparency and helps bring small business owners into the formal financial system.
Also read CM Punjab Free Solar Panel Scheme- Apply online
Key Features of CM Punjab Asaan Karobar Card
Interest-Free Financing
The most attractive feature of this scheme is 0% interest, making it easier for entrepreneurs to repay without financial stress.
Loan Amount
Applicants can receive financing of up to PKR 1,000,000, depending on eligibility and business needs.
Loan Tenure and Repayment
- Total tenure: Up to 3 years
- Grace period: First 3 months (no installments)
- Repayment: Easy monthly installments after the grace period
Controlled Usage of Funds
The card can be used for:
- Purchasing inventory and raw materials
- Paying utility bills
- Making vendor and supplier payments
- Paying government taxes and fees
- Limited cash withdrawal for business expenses
Eligibility Criteria for Asaan Karobar Card
Basic Requirements
To apply for the scheme, the applicant must:
- Be a Pakistani citizen
- Be a resident of Punjab
- Be between 21 and 57 years of age
- Have a valid CNIC
- Have a mobile number registered on their CNIC
Business Requirements
- Must own an existing business or plan to start a new one
- Business must operate within Punjab
- Clean or acceptable credit history
Application Limit
Only one Asaan Karobar Card is allowed per individual or business.
| Tier | Amount (PKR) | Security | Tenure (up to) | End-User-Rate | Processing Fee (PKR) |
| T1 | 1M-5M | Personal Guarantee | 5 years | 0% | 5,000 |
| T2 | 6M-30M | Secured | 5 years | 0% | 10,000 |
How to Apply for CM Punjab Asaan Karobar Card
Application Process
- Register using CNIC and mobile number
- Provide personal, financial, and business details
- Upload required documents
- Pay the processing fee
- Wait for digital verification and assessment
Once approved, the Asaan Karobar Card is issued and activated for business use.
Documents Required for Application
Applicants typically need:
- CNIC copy
- Passport-size photograph
- Basic business details
- Proof of business location (if available)
- Registered mobile number
All documents are submitted digitally during the application process.
Benefits of CM Punjab Asaan Karobar Card
For New Entrepreneurs
- Easy access to startup capital
- No interest or hidden charges
- Encourages self-employment
For Existing Businesses
- Helps manage cash flow
- Supports business expansion
- Reduces dependency on informal lenders
For the Economy
- Promotes small and medium enterprises
- Helps create employment opportunities
- Strengthens local markets
Important Points to Remember
- Funds must be used strictly for business purposes
- Timely repayment is mandatory
- Misuse of funds may result in cancellation of the card
- Digital transactions are monitored for transparency
Conclusion
The CM Punjab Asaan Karobar Card is a powerful initiative designed to uplift small businesses and entrepreneurs across Punjab. By offering interest-free financing, easy repayment terms, and a transparent digital system, this scheme removes major financial hurdles faced by small business owners.
For anyone looking to start or grow a business in Punjab, the Asaan Karobar Card offers a reliable and affordable financial solution.
