Asaan Karobar Card launched on 16 January 2025 in Lahore, managed by the Punjab Small Industries Corporation with the Bank of Punjab paying the markup. Card suits small, day-to-day business credit through a revolving digital limit.
Applicants should check the Card’s own eligibility rules and loan size before applying, since the separate Finance arm follows different rules and larger limits.
Asaan Karobar Card at a Glance
| Item | Asaan Karobar Card |
|---|---|
| Maximum amount | Rs1,000,000 |
| Minimum amount | Rs500,000 at launch reporting |
| Markup | 0%, government pays markup to Bank of Punjab |
| Term | 3 years, revolving digital credit |
| Grace period | 3 months |
| Age range | 21 to 57 years |
| Portal | akc.punjab.gov.pk |
| Helpline | 1786 |
Who Can Apply for the Card
Card applicants must meet every condition below:
- Punjab resident with a valid CNIC.
- Age between 21 and 57 years.
- An existing business or a planned business in Punjab.
- A mobile SIM registered in the applicant’s own name.
- Clean credit history with no default.
- Business proof or a business assessment, as the portal requires.
How to Apply for the Card
- Open akc.punjab.gov.pk and register with CNIC, NTN and mobile number.
- Select the Card option on the portal.
- Upload the documents the portal asks for.
- Pay the Rs500 processing fee, reported as non-refundable.
- Wait for Bank of Punjab verification and the credit decision.
Applicants should read the fee schedule on the portal before paying anything. Some guides mention an annual card fee, while the core programme terms describe 0% markup with the government paying the markup. Portal terms prevail over any guide where the two differ.
Frequently asked questions
Revolving digital credit up to Rs1,000,000 for smaller business needs, with 0% markup because the government pays the markup to the Bank of Punjab.
Yes, on programme terms. Markup stands at 0% for the borrower because the government pays the markup to the Bank of Punjab.
Card applicants must fall between 21 and 57 years.
Rs500 processing fee, reported as non-refundable.
Helpline 1786 covers the programme, and the portal lists document requirements before submission.
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