CM Punjab Asaan Karobar Card 2026: Rs 1 Million Interest-Free Loan, Eligibility and Status
CM Punjab Asaan Karobar Card offers interest-free business loans up to Rs 1 million over 3 years. Eligibility, repayment, current registration status and how to apply.
The CM Punjab Asaan Karobar Card gives small business owners an interest-free loan of up to Rs 1 million, repayable over three years. Applicants must be 21 to 57 years old with a CNIC and a business in Punjab. Important: new card registrations had been stopped on the official portal as of September 2026; check the portal before applying.
Asaan Karobar Card at a glance
| Item | Detail |
|---|---|
| Run by | Punjab Small Industries Corporation (PSIC), Government of Punjab; card issued through Bank of Punjab |
| Loan limit | Up to Rs 1 million |
| Interest | 0% for the borrower |
| Repayment | Easy monthly installments over 3 years |
| Age | 21 to 57 years |
| Requirements | CNIC, mobile number in your own name, business in Punjab, tax registration (NTN/PRA) |
| Portal | akc.punjab.gov.pk |
| Status | New registrations stopped (portal, September 2026) |
Loan limit, tenure and age as announced by the Punjab government at launch; status as shown on the official portal.
How the card works
The Asaan Karobar Card is a digital business card rather than a cash loan. The approved limit is spent on business needs such as paying suppliers and vendors, utility bills and government fees. A limited share can be withdrawn as cash. Personal spending is not allowed. After a grace period, you repay a small part of the balance each month in the first year, and the remainder in equal monthly installments over the next two years.
Who is eligible?
- Pakistani national, resident of Punjab, aged 21 to 57.
- Valid CNIC and a mobile SIM registered in your own name.
- An existing or planned business located in Punjab.
- Clean credit history; applicants go through a credit and psychometric check.
- Registration with FBR or the Punjab Revenue Authority (PRA).
- One application per person and per business.
How to apply (when registration reopens)
- Go to the official portal, akc.punjab.gov.pk. Do not use look-alike websites.
- Register with your CNIC and mobile number and verify the code sent by SMS.
- Enter your business details and submit the application with the processing fee.
- After verification and approval, the card is issued through Bank of Punjab and activated with a PIN.
Need a bigger loan? Asaan Karobar Finance
For larger amounts, the Punjab government runs a separate scheme, Asaan Karobar Finance, for interest-free loans from Rs 1 million upwards for new and existing businesses, through a separate portal (akf.punjab.gov.pk). Larger tiers require collateral.
Asaan Karobar Card vs PM Youth Loan
| Asaan Karobar Card (Punjab) | PM Youth Business Loan (federal) | |
|---|---|---|
| Maximum amount | Rs 1 million | Rs 7.5 million |
| Markup | 0% | 0% (up to Rs 0.5m), 5% or 7% |
| Tenure | 3 years | Up to 8 years |
| Age | 21–57 | 21–45 (18+ for IT) |
| Who can apply | Punjab residents | All of Pakistan |
See our full guide to the PM Youth Business & Agriculture Loan Scheme.
Frequently asked questions
Is the Asaan Karobar Card really interest-free?
Yes, the borrower pays no markup; the Punjab government bears the cost.
Can I apply now?
As of September 2026, the portal showed that registration of new applications had stopped. Check akc.punjab.gov.pk for any new round; we will update this page when it reopens.
Can I use the card for personal shopping?
No. The limit can only be used for business payments, with a limited cash withdrawal facility.
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Sources: PSIC Punjab: CM Punjab Asaan Karobar Card; PML-N announcement (January 2025); official portal akc.punjab.gov.pk. Terms can change; confirm on the portal before applying. Featured image: AI-generated illustration, for representation only.
