The CM Punjab Asaan Karobar Card provides interest-free loans of up to PKR 1 million through a digital SME card, helping small entrepreneurs in Punjab grow and sustain their businesses. The initiative ensures transparent fund utilization through mobile apps and POS transactions.

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Key Features

💰 Maximum Limit: PKR 1 million
⏳ Tenure of Loan: 3 years
🔄 Loan Type: Revolving credit facility for 12 months
📆 Repayment Term: 24 equal monthly installments after the first year
⏳ Grace Period: 3 months from card issuance for repayment commencement

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Eligibility Criteria

🎂 Age Requirement: 21 to 57 years
🇵🇰 Nationality: Pakistani National, resident in Punjab
📄 Documents: Valid CNIC & registered mobile number
🏢 Business Type: Existing or prospective business in Punjab
💳 Credit History: Clean credit history, no overdue loans

Loan Usage & Repayment Details

🔹 Category	📌 Details
🏦 First 50% Limit	Available within the first 6 months
⏳ Grace Period	3 months from card issuance
🔄 Second 50% Limit	Released upon satisfactory usage & PRA/FBR registration
💰 Repayment	Starts after 3 months in 24 equal monthly installments

How to Apply?

🌐 Apply Online: Submit applications digitally via PITB portal
💵 Processing Fee: PKR 500 (Non-refundable)
🔍 Verification: Digital verification of CNIC, creditworthiness, and business premises

Apply Now: akc.punjab.gov.pk/cmpunjabfinance

Security & Charges

💳 Annual Card Fee: PKR 25,000 + FED
🏥 Life Assurance & Charges: Covered by the scheme
📍 Business Verification: Urban Unit verification within 6 months of approval & annually thereafter

📞 Helpline: 1786
🔗 For more details: akc.punjab.gov.pk/cmpunjabfinance

Conclusion

The CM Punjab Asaan Karobar Card is a game-changer for small entrepreneurs in Punjab, providing interest-free loans of up to PKR 1 million. With digital transactions, flexible repayment options, and structured loan usage, this initiative ensures business growth and financial stability. Entrepreneurs can use the funds for vendor payments, utility bills, and business expansion, making it easier to sustain and grow their ventures. If you meet the eligibility criteria, apply today and take the next step towards a successful business.