Asaan Karobar Card
The Asaan Karobar Card is a government initiative to support small business owners in Punjab. It provides interest-free loans up to PKR 1 million. The program helps entrepreneurs expand their business without worrying about high-interest repayments.
This card is designed for new and existing businesses. The loan tenure is three years with a three-month grace period. This allows owners to invest in inventory, equipment, and daily operations before starting repayments.
Key Features of the Asaan Karobar Card AKC
The Asaan Karobar Card offers many benefits to small business owners. It provides a zero-interest loan with flexible repayment options. Applicants can use the funds for business expansion, operational costs, or partial cash withdrawals.
Key features include:
- Loan limit up to PKR 1 million
- Repayment period of 3 years
- Grace period of 3 months
- Usage for business and cash withdrawal (25% limit)
- Annual fee PKR 25,000 plus FED
آسان کاروبار کارڈ پنجاب میں چھوٹے کاروباری مالکان کی مدد کے لیے ایک حکومتی اقدام ہے۔ یہ PKR 1 ملین تک بلاسود قرضے فراہم کرتا ہے۔ یہ پروگرام کاروباری افراد کو زیادہ سود کی ادائیگیوں کی فکر کیے بغیر اپنے کاروبار کو بڑھانے میں مدد کرتا ہے۔
یہ کارڈ نئے اور موجودہ کاروبار کے لیے ڈیزائن کیا گیا ہے۔ قرض کی مدت تین ماہ کی رعایتی مدت کے ساتھ تین سال ہے۔ یہ مالکان کو ادائیگی شروع کرنے سے پہلے انوینٹری، آلات اور روزمرہ کے کاموں میں سرمایہ کاری کرنے کی اجازت دیتا ہے۔
| Feature | Details |
|---|---|
| Loan Limit | Up to PKR 1 Million |
| Interest Rate | 0% Interest-Free |
| Repayment Period | 3 Years |
| Grace Period | 3 Months |
| Usage | Business expansion & partial cash |
| Annual Fee | PKR 25,000 + FED |
Eligibility Criteria for AKC
Applicants must meet certain requirements to apply. Age must be between 21 and 57 years. The applicant must be a permanent resident of Punjab. Only owners of small businesses in Punjab are eligible.
Other key eligibility points include:
- Valid CNIC and mobile number
- No overdue loans or defaults
- Business must be small-scale
Meeting these criteria ensures faster approval and reduces processing delays.
Step-by-Step Online Application Process
The application is now fully digital. This reduces paperwork and speeds up processing. Applicants must follow these steps carefully:
- Visit the official PITB portal and create an account.
- Fill in personal and business details accurately.
- Pay a non-refundable fee of PKR 500 via EasyPaisa, JazzCash, or bank transfer.
- Download and submit the Guarantee Form to the nearest Bank of Punjab branch.
- Wait for approval, then collect the card from TCS with your original CNIC.
| Step | Action |
|---|---|
| Portal Registration | Create account and log in |
| Form Submission | Enter details and business info |
| Fee Payment | PKR 500 via mobile or bank |
| Guarantee Form | Submit to Bank of Punjab |
| Card Collection | Receive SMS and collect from TCS |
Following this process correctly ensures card delivery within 7 working days.
Common Mistakes to Avoid for Faster Approval
Many applicants face delays due to simple mistakes. Avoiding these errors ensures a smooth process.
- Incorrect CNIC or mismatched details
- Wrong qualification selection
- Delayed submission of the Guarantee Form
- Ignoring TCS SMS notifications
Checking all details before submission is essential. Promptly collecting the card avoids additional delays.
Tracking Your Asaan Karobar Card Application
Applicants can track the status of their application through multiple channels.
- Official AKC online portal using CNIC
- Bank of Punjab helpline or branch visit
- Responding to TCS SMS updates
Tracking ensures applicants are informed about every stage of approval and delivery.
FAQs
What is the Asaan Karobar Card (AKC)?
It is an interest-free loan for small business owners in Punjab, up to PKR 1 million with a three-year repayment plan.
Who is eligible to apply for AKC 2025?
Applicants must be 21–57 years old, residents of Punjab, own a small business, have a valid CNIC, and no overdue loans.
How can one apply for the Asaan Karobar Card online?
Apply through the official portal akc.punjab.gov.pk, fill the application, pay PKR 500, and submit the Guarantee Form at Bank of Punjab.
How will applicants receive their approved AKC?
After approval, TCS delivers the card. Applicants collect it from the nearest TCS branch with their original CNIC.
What are the common mistakes to avoid for faster approval?
Ensure CNIC details are correct, select Matric qualification, submit the Guarantee Form on time, and respond promptly to TCS updates.
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