CM Punjab Asaan Karobar Card AKC 2025

The Government of Punjab has launched a special program called CM Punjab Asaan Karobar Card AKC 2025. This scheme is designed to help small entrepreneurs in Punjab by giving them interest-free loans. The main goal is to support small businesses so they can grow and become stable.

Through this scheme, entrepreneurs can get loans up to PKR 1 million. The money is given through a digital SME card. The card ensures transparency and helps in using funds only for business purposes. This article will explain the details of this scheme, including features, eligibility, application process, benefits, and repayment methods.

Key Features of the CM Punjab Asaan Karobar Card AKC 2025

The program has several unique features that make it different from other loan schemes:

• Maximum Loan Limit: Up to PKR 1 million.
• Loan Tenure: 3 years.
• Loan Type: Revolving credit facility for 12 months.
• Repayment Term: 24 equal monthly installments after the first year.
• Grace Period: 3 months after the issuance of the card.
• Interest Rate: 0% for all users.

This makes the scheme very attractive for new and existing entrepreneurs who need financial support.

Usage of Loan Amount

The loan can only be used for business activities. The following uses are allowed:

• Vendor and supplier payments.
• Payment of utility bills, government fees, and taxes.
• Cash withdrawal up to 25% of the total limit for business needs.
• Digital transactions through POS and mobile app.

It is important to note that the loan cannot be used for personal consumption or entertainment purposes. All non-business transactions are blocked.

Eligibility Criteria

Not everyone can apply for this scheme. The government has set clear rules to make sure only serious and eligible entrepreneurs can benefit:

• Age limit is 21 to 57 years.
• Must be a Pakistani national and a resident of Punjab.
• Must have a valid CNIC and a mobile number registered in the applicant’s name.
• Business should be existing or prospective and located in Punjab.
• Clean credit history with no overdue loans.
• Only one application per individual or business is allowed.
• Must pass the credit and psychometric assessment.

These criteria ensure that genuine entrepreneurs can get help while keeping the system transparent.

How to Apply for CM Punjab Asaan Karobar Card AKC 2025

The application process is simple and digital. The whole system is managed through the Punjab Information Technology Board (PITB) portal.

Step-by-Step Application Guide:

1. Visit the official website: akc.punjab.gov.pk.
2. Create an account by entering CNIC and mobile number.
3. Pay the non-refundable processing fee of PKR 500.
4. Fill in personal details, business details, and financial information.
5. Upload required documents for verification.
6. Wait for digital verification of CNIC, business premises, and credit check.
7. Once approved, the SME card will be issued.

This digital process makes the scheme transparent and user-friendly.

Loan Usage and Repayment Plan

The repayment process is divided into two stages:

• First 50% Limit: Borrowers can use this amount within the first 6 months.
• Second 50% Limit: This is released only after showing satisfactory usage, regular repayments, and registration with PRA/FBR.

Repayment Rules:

• A grace period of 3 months is given after card issuance.
• After 3 months, the borrower must pay at least 5% of the outstanding balance every month.
• The remaining balance after one year is paid in 24 equal monthly installments.

This structured repayment plan makes it easy for entrepreneurs to manage their finances.

Charges and Fees

The scheme covers most costs, but a few charges apply:

• Annual Card Fee: PKR 25,000 + FED (taken from the loan limit).
• Additional Charges: Life assurance, card issuance, and delivery are covered by the scheme.
• Late Payment Charges: Will be applied as per bank’s policy if payments are delayed.

Security and Verification

To ensure safety, the scheme has strong security measures:

• A personal guarantee signed digitally by the borrower.
• Life assurance is included for borrowers.
• Urban Unit will physically verify the business premises within 6 months and every year after approval.

This helps prevent misuse of funds and ensures loans are used for genuine businesses.

Key Conditions

• Loan must only be used for core business activities.
• Registration with PRA/FBR is compulsory within six months of card issuance.
• Only one application is allowed per person or business.
• Non-business transactions are blocked.

Additional Support for Entrepreneurs

To make the scheme more effective, the government is also offering:

• Feasibility Studies: Available on the PSIC and Bank of Punjab websites to guide startups and new businesses.
• Helpline: Applicants can call 1786 for more information and assistance.

This extra support ensures that entrepreneurs are not only funded but also guided properly.

Benefits of CM Punjab Asaan Karobar Card AKC 2025

The scheme has several advantages for small businesses in Punjab:

1. Interest-Free Loans: Borrowers do not have to pay any interest, which reduces financial stress.
2. Digital Process: Easy application through an online portal without lengthy paperwork.
3. Transparency: All transactions are digital, making misuse of funds difficult.
4. Business Growth: Entrepreneurs can pay suppliers, manage bills, and grow their business smoothly.
5. Government Support: This scheme shows that the Punjab government is serious about supporting small businesses.

The CM Punjab Asaan Karobar Card AKC 2025 is a golden opportunity for small entrepreneurs in Punjab. With interest-free loans of up to PKR 1 million, a simple digital application process, and transparent usage rules, this scheme is designed to strengthen small businesses.

Entrepreneurs should take full advantage of this program to grow their businesses, create jobs, and support the economy of Punjab. Those who meet the eligibility criteria should apply online and start their journey towards financial stability.

For more details, visit the official website akc.punjab.gov.pk or call the helpline 1786.