Asaan Karobar Card: Interest-Free Business Credit of up to Rs 1 Million
The CM Punjab Asaan Karobar Card is a digital SME card that gives small entrepreneurs in Punjab an interest-free credit limit of up to Rs 1 million for business payments, repayable over three years.
At a glance
| Limit | Up to Rs 1,000,000 |
|---|---|
| Markup | 0% (subsidised by the Government of Punjab) |
| Tenure | 3 years: 12-month revolving period, then 24 equal monthly instalments |
| Grace | 3 months from card issuance |
| Age | 21–57 years, Punjab resident |
| Fees | Rs 500 non-refundable processing fee; annual card fee applies |
Apply for the Asaan Karobar Card
Applications are digital through the PITB portal.
🔒 Official link – opens the government / bank website. Rozgar for Youth never takes applications or fees.
How the card works
- First 50% of the limit is available to use within the first 6 months.
- After the 3-month grace period you pay at least 5% of the outstanding principal each month.
- The second 50% is released after responsible use, regular repayments and registration with PRA or FBR.
- After the first year, the balance is repaid in 24 equal monthly instalments.
- Use it for vendor and supplier payments, utility bills, government fees and taxes. Cash withdrawal is capped at 25% of the limit.
Eligibility
- Small entrepreneurs in Punjab, aged 21–57.
- Pakistani national resident in Punjab.
- Valid CNIC and a mobile number registered in your own name.
- Clean credit history with no overdue loans.
- Registration with PRA or FBR within six months of receiving the card.
How to apply
- Register on the portalOpen akc.punjab.gov.pk and sign up with your CNIC and own mobile number.
- Fill in the formEnter your business details and upload the documents asked for.
- Pay Rs 500 feeThe processing fee is non-refundable.
- VerificationYour CNIC, credit history and business premises are verified digitally by authorised agencies.
- Receive the cardOnce approved, the card is issued and the first 50% of the limit becomes usable.
Costs to know before you apply
Markup is 0%, but the Punjab Small Industries Corporation lists an annual card fee ([confirm current annual fee]) plus the Rs 500 processing fee. Late payment charges may apply, so plan your monthly minimum payment.
Frequently asked questions
Asaan Karobar Card ki age limit kya hai?
21 se 57 saal. Punjab ka rehaishi hona aur apne naam par registered mobile number zaroori hai.
How much can I withdraw in cash?
Up to 25% of the limit, for miscellaneous business purposes.
When does repayment start?
After a 3-month grace period, with a minimum of 5% of the outstanding principal each month; after the first year, the balance is repaid in 24 equal instalments.
Is the Asaan Karobar Card free?
It is interest-free, but there is a Rs 500 processing fee and an annual card fee.
Can I get both the Card and Asaan Karobar Finance?
Check the portal rules; each business is generally eligible for one facility at a time.
Official sources
- Punjab Government – CM Punjab Asaan Karobar Card
- PSIC – Asaan Karobar Card
- Official portal – akc.punjab.gov.pk
Always confirm details with the official source before applying.
Updates
- 3 Nov 2026: Guide published and checked against official sources.