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Step-by-Step Guide: How to Apply for CM Punjab Asaan Karobar Card Scheme

Byadmin
Asaan Karobar Card apply online

Learn how to apply for CM Punjab Asaan Karobar Card with our step-by-step guide to simplify your business startup or expansion process. Starting or expanding a business can be challenging, especially when finances are tight. If you’re from Punjab, Pakistan, it’s a great opportunity to start or expand your business with interest-free business loans. The Chief Minister’s Asaan Karobar Card Scheme offers interest-free loans of up to PKR 1 million to small entrepreneurs, helping boost economic growth in the region. Before you apply on official portal https://akc.punjab.gov.pk/login let’s go through the application process step by step.

Note: Many users have reported that the site link https://akc.punjab.gov.pk/login is inaccessible or not opening. Please try accessing the link on a laptop or desktop computer, as it may not respond properly on a mobile browser.

How to Apply for CM Punjab Asaan Karobar Card Scheme

  • The CM Punjab Asaan Karobar Card Scheme provides interest-free loans of up to PKR 1 million to small business owners in Punjab, Pakistan. To apply, eligible individuals must register on the official portal, submit required documents, and pay a PKR 500 processing fee. Applications undergo digital, credit, and physical verification before approval. Approved applicants receive a revolving credit facility with flexible repayment terms. This scheme empowers entrepreneurs by offering financial support for business growth without interest burdens.

CM Punjab Directs BoP to Speed Up Asaan Karobar Scheme Loans

Step 1: Check Your Eligibility to Apply for CM Punjab Asaan Karobar Card

Before applying, ensure you meet the following criteria:
• Age: You must be between 21 and 57 years old.
• Residency: You should be a Pakistani national residing in Punjab.
• Identification: You must have a valid Computerized National Identity Card (CNIC).
• Mobile Number: Your mobile number must be registered in your name.
• Business Status: You should either own an existing business or plan to start one in Punjab.
• Credit History: A clean credit record with no overdue loans is required.
• Application Limit: Only one application per person and business is allowed.

If you meet these criteria, you can proceed with the application.

Step 2: Gather Required Documents

Preparation is key. Make sure you have the following documents:
• CNIC (Scanned copies of front and back).
• Photograph (A clear passport-sized photo or selfie).
• Proof of Business (Documents like rent agreements, ownership papers, or business registration certificates).
• References (Details of two non-relatives, including their CNIC copies and contact numbers).

Having these ready will make the application process smoother.

Step 3: Register on the Official Portal to Apply for CM Punjab Asaan Karobar Card

With your documents in hand, it’s time to apply online:
1. Visit the Official Portal: Open the Asaan Karobar Card Login website https://akc.punjab.gov.pk/login.
2. Sign Up: Click on RESITER NOW to register using your mobile number (it must be registered in your name) for CM Punjab Asaan Karobar Card apply online.

How to Apply for CM Punjab Asaan Karobar Card

3. Fill in your correct Personal Information including Name, Father’s Name, CNIC, Date of Birth, CNIC Number with Issue and Expiry Date, Mobile Number with correct Mobile Network, and Create a Password: Set a strong password for security. (Tip: Use 8 character password, a capital letter at the start, a special character, and numbers as shown in the screenshot below)

personal information CM Punjab Asaan Karobar Card

This portal is designed to make the application process easy for users.

Step 4: Complete the Application Form

Once registered:
1. Login using your CNIC number and password.

asaan karobar card login

For the steps below always press Save Button before pressing the Next Button, else the data will not be saved.

2. Enter your complete address with the nearest landmark, city, ownership status, family information, education, related experience, and other required information.

personal details CM Punjab Asaan Karobar Card

3. Enter your existing or proposed business status, its nature, start date, business name, contact details, phone, email, and other required information.

business details CM Punjab Asaan Karobar Card

4. Enter your existing or proposed business city, business place status, registration status, description, sales, revenue, employees, salaries, utility bills, and any other expenses. Fill in your personal information name, cell, email, CNIC, and 100% ownership status if you are the sole owner of the business.

personal details CM Punjab Asaan Karobar Card scheme

5. Enter your required loan amount ranging from Rs.100,000 to Rs.1,000,000 (One Lac to One Million) depending your business needs. The purpose of the loan is auto-filled as Revolving Credit for Business Working Capital requirements and needs no tangible security.

loan details CM Punjab Asaan Karobar Card

6. Attach the CNIC copy image from Front & Back. Attach the 1-2 Years Bank Statment of Account if you do have one, it will have the plus points in loan approval if it contains the cash flows or money inflows and outflows reflecting your business activity.

documentation CM Punjab Asaan Karobar Card

7. Next Read and Accept the Declaration by clicking the check box at the bottom stating ‘Please accept the undertaking’ and then Click the Proceed Button.

declaration CM Punjab Asaan Karobar Card

8. As you click the Proceed Button, the system will show you the following message for successful application submission.

application submission CM Punjab Asaan Karobar Card

Make sure all information is accurate and complete to avoid delays.

Step 5: Pay the Processing Fee – MOST IMPORTANT

To submit your application, you need to pay a non-refundable processing fee of PKR 500. The portal will display a system-generated 19-digit PSID number displayed at the top data section along with Status: UNPAID.

This 19-digit PSID can easily be paid from any Bank’s Mobile App or ATM using the 1Bill – Invoice/Fixed Payment Biller Option. The PSID can also be paid on any bank’s counter including NBP and BOP. After payment, upon fresh login, the PSID status will be updated to PAID.

PSID CM Punjab Asaan Karobar Card

Step 6: Submit the Application

  1. Review all the information to ensure everything is correct.
    1. Click ‘Submit’ to finalize your application.

After submission, you’ll receive a confirmation message and a registration number. Keep this number safe, as it will help you track your application’s progress.

Note: Sometimes, the portal does not send a reference number or confirmation message. If the submit button is disabled in your login, it means your application has been successfully submitted.

Questions and Queries about Asaan Karobar Card

What Happens Next?

Once submitted, your application will go through three verification stages:
• Digital Verification: Your CNIC and personal details will be verified online, know about NADRA verification Here
• Credit Assessment: A credit history check and a psychometric assessment may be conducted. Learn about psychometric test Here. View the complete video guide on YouTube to attempt the Psychometric Test successfully
• PMD Verification: The system will check if the cell number is registered with your name, see detail Here
• Excise Verfication: The system will verify if the applicant business is legitimated and his credit worthiness with system, read detail Here.
• Filer Verfication: The system will verify if the applicant is a Tax Filer with FBR system (will be required after 6 months of loan approval). Read in detail Here.
• BOP Scrutiny: Once all verifications are done, the application will pass on to Bank of Punjab for credit decision. Read in detail Here
• Physical Verification: Officials will visit your business location within six months of loan approval and then once a year to ensure compliance.

Once the psychometric test is qualified, the applicant has to digitally accept the terms and conditions available in his account on the Asaan Karobar Card Portal. Often the Physical Verification for a new business is omitted by Bank of Punjab.

Upon approval of the loan, the cardholder must provide a personal guarantee for the repayment of the loan.

If all checks are cleared, you will receive your Asaan Karobar Card, granting access to the loan facility.

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Key Features of the Asaan Karobar Card

This scheme offers flexible and easy-to-use financial assistance for small business owners. Here’s what you get:
• Loan Amount: Up to PKR 1 million.
• Loan Tenure: 3 years with a revolving credit facility in the first year.
• Repayment Terms: After the first 12 months, the balance is repaid over 24 equal monthly installments.
• Grace Period: A three-month grace period before repayments begin.
• Usage: The loan can be used for:
• Vendor and supplier payments
• Utility bills
• Government fees and taxes
• Digital transactions (POS, mobile apps, etc.)
• Cash withdrawals (limited to 25% of the credit limit for business purposes)

This card gives entrepreneurs financial flexibility without interest burdens, making it a game-changer for small businesses in Punjab.

Additional Support for Entrepreneurs

To further assist business owners, feasibility studies for startups are available through the Punjab Small Industries Corporation (PSIC) and the Bank of Punjab (BOP) websites.

With the CM Punjab Asaan Karobar Card Scheme, small business owners now have an easy and affordable way to access funds, grow their businesses, and contribute to the economic development of Punjab.

If you meet the eligibility criteria, don’t miss this opportunity! Apply today and take your business to the next level!

Read more about the Welfare Schemes, Economy, Taxation, Finance, and News here.

CM Punjab Asaan Karobar Finance & Asaan Karobar Card Interest Free Program
Step-by-Step Guide: How to Apply for CM Punjab Asaan Karobar Finance

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147 Comments

    1. Please follow the link provide in above article and fill in the required detail. Submit the application and despoit fee of Rs.500/- for the provided PSID as the application is submitted.

      You need to apply on the provided link to participate in the ballot.

      Reply

          2. ​The processing fees for the Punjab Asaan Karobar Finance Scheme are non-refundable. For Tier 1 loans (Rs. 1 million to Rs. 5 million), the processing fee is Rs. 5,000, and for Tier 2 loans (Rs. 6 million to Rs. 30 million), it is Rs. 10,000. Additionally, there is an annual card fee of PKR 25,000 plus FED, which is deducted from the approved loan limit. These fees cover administrative costs and are essential for processing the application

        2. assalamu alaikum sir Maine karobar ke liye card ka apply karna hai per reply Nahin ho raha please mujhe help chahie

          Reply

        3. Respected CM Punjab Maryam Nawaz Sharif sahiba,

          i want to expand my small business of electronics,This is the best step (good initiative) for the prosperity of the people. We’re grateful to you.
          so please issue me a loan amounting to Rs, of 10 million.

          Warmest regards,
          Imran Ullah khan
          Lahore.03214360121

          Reply

  20. I have applied already and msg receive to complete steps but on portal account is hold on psychometric assessment and help line 1786 is not responding on my calls
    please guide me how to resolve this login error?

    Reply

  37. I have a plan to start a new business in Punjab. what type of documents are required before applying for loan online. PLZ guide

    Reply

  41. Dear Sir
    i applied for 10 LAKE loan {ASSAN KAROBAR CARD ] and i paid fee Rs 500 but still i do not receive any feedback about loan can you explain feedback what is expected loan and how i can get loan.

    Reply

    1. The applications are under process and will take some time to complete due to bulk of applications.

      The applicants who applied earlier are getting their cards in sequesnce.

      Please wait for your turn.

      Reply
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