Punjab Asaan Karobar card
Punjab Asaan Karobar card: The Punjab government has taken a historic step for the welfare and development of the business community. The “Punjab Asaan Karobar Scheme” launched under the leadership of Punjab Chief Minister Maryam Nawaz Sharif is providing interest-free loans to small and medium entrepreneurs to promote self-employment, eradicate poverty, and create economic stability.
Financial Outline of the Punjab Asaan Karobar Scheme
- Total Financial Plan:
Rs 75 billion
- Subsidy and Government Financial Savings Budget:
Rs 22.25 billion
- Total Expected Beneficiaries:
7,514 entrepreneurs
- Expected Credit Loss:
Up to 10% likely in the next few years
These figures reflect that the government is not only providing capital but is also realistically recognizing the potential risks of business losses and is prepared for them.
Apna Ghar Apni Chhat Scheme: Application Process and Eligibility Details
Objective of the Punjab Asaan Karobar Scheme
The main objective of this scheme is:
- To provide self-employment opportunities to youth
- To provide small businesses with an opportunity to grow
- To financially empower women, minorities, and special needs individuals
- To strengthen the local economy of Punjab
Loan Types and Terms
Loan Types and Terms
Under the Punjab Easy Business Scheme, loans are provided in two categories:
Tier 1
- Amount: Rs. 1 lakh to Rs. 5 lakh
- Processing fee: Rs. 5,000
- Duration: 5 years (6 months discount for startups)
Tier 2
- Amount: Rs. 6 lakh to Rs. 30 lakh
- Processing fee: Rs. 10,000
- Term: 5 years (3-month discount for existing business)
Amount: Rs. 5 years (3 months concession for existing businesses)
All loans are completely interest-free and can be repaid in equal monthly installments.
Asaan karobar card
This is a digital credit card dedicated to business payments.
- Maximum limit: Rs 10 lakh
- Credit period: 12 months, followed by full repayment in 24 months
- Withdrawal allowed: Only 25% of the total amount
- Usage: Only for business payments such as suppliers, bills, taxes, fees, etc.
An annual fee applies to the card, and its improper or personal use will be prohibited and automatically blocked.
Eligibility Criteria
- Age: 21 to 55 years
- Must be a resident or have a business in Punjab
- National Identity Card (CNIC)
- Tax Registration (FBR or PRA)
- Good credit record (no bank default)
- One person can apply only once
How to Apply
- Visit the official website of the scheme
- Register with CNIC
- Complete the online form and upload relevant documents
- Pay the processing fee
- After applying, check the status via SMS and the web portal
- The card or amount will be released after the loan is approved
Financial Security and Transparency
The Punjab government has kept a margin of up to 10% given the possible losses (credit loss) on loans. Despite this, the government is trying to ensure that the recovery of loans is transparent and timely so that as many people can benefit.
Verification of Benazir Taleemi Wazaif for New Payment 2025
Conclusion
“Punjab Easy Business Scheme” is a financial scheme that takes youth, small entrepreneurs, and women a step closer to financial independence. This grand Rs 75 billion project will benefit thousands of people and lay the foundation for an economically stable Pakistan.
If you want to start a business or expand an existing business, then this scheme is a golden opportunity for you.