Starting or expanding a small business can be tough, especially when you’re short on funds. But if you’re living in Punjab, Pakistan, there’s good news! The Chief Minister Punjab Asan Karobar Scheme is here to support small business owners and budding entrepreneurs with interest-free loans of up to PKR 1 million. Through this article, we’ll guide you step-by-step on how to apply online for the Asan Karobar Card via the official portal: https://akc.punjab.gov.pk.
You can also read: BISP 8171 Campsite List for Jhang District Check the Complete Detail [April 2025]
Everything is explained in simple words so you can understand and apply easily. The Asan Karobar Scheme is a flagship initiative by the Government of Punjab, aimed at empowering small businesses by offering interest-free business loans. This scheme is managed with the help of the Bank of Punjab (BoP) and provides a revolving credit facility of up to PKR 1,000,000 without any mark-up or collateral. To help businesses grow, create jobs, and boost economic activity across Punjab.
Who Can Apply? (Eligibility Criteria)
Before you apply, make sure you meet the following conditions:
- Age must be between 21 and 57 years
- Must be a Pakistani national living in Punjab
- Should have a valid CNIC
- Your mobile number must be registered in your own name
- You must own or plan to start a business in Punjab
- Your credit history must be clean (no overdue loans)
- Only one application per person/business is allowed
If you meet all the above, you’re eligible to apply!
Documents Required for Application
To make your application process smoother, keep these documents ready:
- Scanned CNIC (Front & Back)
- A clear passport-size photo or selfie
- Proof of business (rent agreement, ownership document, or registration)
- Details of two references (non-relatives) with their CNIC copies and contact numbers
- Optional: 1–2 years bank statement (helps show your financial activity)
Step-by-Step Guide: How to Apply Online at akc.punjab.gov.pk
Register on the Official Portal
- Go to: https://akc.punjab.gov.pk/login
- Use a desktop or laptop (the website might not work properly on mobile)
- Click on “Register Now”
- Enter your mobile number (must be registered under your name)
- Fill in all personal details like:
- Name, Father’s Name
- CNIC number (with issue & expiry date)
- Date of Birth
- Mobile network
- Create a secure password (at least 8 characters, 1 capital letter, special character, and numbers)
Complete Your Profile and Application Form
- Login with your CNIC number and password
- Enter your:
- Address and nearest landmark
- Education & work experience
- Family details
- Provide your business information, including:
- Business name, start date, and nature
- Revenue, expenses, number of employees, and location
- Choose your loan amount (from Rs. 100,000 to Rs. 1,000,000)
- The loan type will be pre-filled as “Revolving Credit for Working Capital”
- Upload documents:
- CNIC (front & back)
- Bank statement (optional but helpful)
Important: Always click “Save” before moving to the next section.
Pay the PKR 500 Processing Fee
Once your application is complete:
- A 19-digit PSID will be generated on your dashboard
- Pay this fee using any bank’s mobile app, ATM, or bank counter through the 1Bill – Invoice Payment Option
- After payment, log in again to confirm the PSID status shows “PAID”
Final Submission
After payment:
- Double-check all information
- Click “Submit”
- If the “Submit” button disappears, don’t worry — it means your application is submitted
You will receive a confirmation message and a registration number keep it safe!
You can also read: BOP BISP Cash Withdrawal Online Check Payment 13500 Complete Guide (April 2025)
What Happens After Submission?
Your application goes through several verification stages:
- Digital Verification – CNIC, phone number, and NADRA check
- Credit Assessment – Credit score & psychometric test
- Mobile Number Verification – Checked through PMD
- Excise & Tax Verification – Your business status will be confirmed
- Filer Status Check – FBR filer status checked (after 6 months)
- Bank of Punjab Review – Final approval by BoP
- Physical Verification – Officials may visit your business within 6 months
If approved, you will get your Asan Karobar Card and access to the credit facility.
Key Features of Asan Karobar Loan
- Loan Amount: Rs. 100,000 to Rs. 1,000,000
- Tenure: 3 years
- First Year: Revolving credit (use, repay, and reuse)
- Grace Period: 3 months before repayment starts
- Repayment: Next 24 months in equal installments
- Loan Usage:
- Vendor payments
- Utility bills
- Business taxes & fees
- POS & digital payments
- Cash withdrawal (up to 25% of limit)
Need Help?
- 📞 Call the helpline: 1786
- 🌐 Visit: https://akc.punjab.gov.pk/cmpunjabfinance
- 🏢 Visit local Punjab Small Industries Corporation (PSIC) offices
Conclusion
The Asan Karobar Card Scheme is a golden opportunity for small business owners, shopkeepers, freelancers, and entrepreneurs in Punjab. With no interest, no hidden charges, and a flexible repayment system, it’s one of the best initiatives for economic uplift in the region. If you’re eligible, don’t wait. Apply today, unlock your potential, and grow your business with government support!
You can also read: Benazir Kafalat 13500 Phase 2 Verification Who People Can Qualify for 13500 Payment
Apply Now:
👉 https://akc.punjab.gov.pk/login
FAQs
Who is eligible to apply for the Asan Karobar Scheme?
Anyone between the ages of 21 and 57 who is a Pakistani national living in Punjab, with a valid CNIC, a clean credit history, and plans to start or already owns a business in Punjab is eligible to apply.
What documents are required for the application?
You need a scanned copy of your CNIC (front and back), a passport-size photo or selfie, proof of business (rent agreement, ownership document, or registration), two references with their CNICs and contact numbers, and optionally, your bank statement.
How much loan can you get through this scheme?
You can apply for a loan ranging from PKR 100,000 up to PKR 1,000,000.
What are the key features of the loan?
The loan is interest-free, with a 3-month grace period. The first year allows revolving credit use, and the remaining two years are for repayment in equal installments.
How do you apply online for the scheme?
Visit https://akc.punjab.gov.pk, register with your mobile number and CNIC, fill out your profile and business details, upload the required documents, pay the PKR 500 processing fee, and then submit the application.
What happens after submitting the application?
Your application goes through several verification stages including NADRA verification, credit and psychometric tests, and possibly a physical business verification. If approved, you will receive your Asan Karobar Card.