Top News: How to Apply Online for the Asan Karobar Card Scheme 2025

The Asan Karobar Card Scheme 2025 is an initiative by the Punjab Government to support small and medium-sized enterprises (SMEs) by providing interest-free loans. This program aims to foster entrepreneurship, reduce unemployment, and stimulate economic growth in the region. If you’re looking to apply for this scheme online, follow the steps outlined below.

DetailsInformation
Program NameAsan Karobar Card Scheme 2025
Application Start DateJanuary 1, 2025
Application DeadlineMarch 31, 2025
Eligibility Age18 to 55 years
Repayment Period5 to 7 years (based on business size)
Priority SectorsIT, Innovation, Technology-Based Businesses
Application Portalakc punjab gov pk
Support Emailsupport@karobarcard.pk

Eligibility Criteria for the Asan Karobar Card Scheme

Before applying, ensure you meet the following eligibility requirements:

  • Age: Applicants must be between 18 and 55 years old.
  • Residency: Must be a permanent resident of Punjab, Pakistan.
  • Business Status: Should own a registered small or medium-sized business in Punjab.
  • Business Focus: Priority is given to businesses involving technology or innovation, such as IT startups.
  • Income Level: Low-income families are encouraged to apply.

Read More: PEDO KPK Solar Scheme Full Eligibility

Asan Karobar Card Scheme

Required Documents for the Asan Karobar Card Scheme

Prepare the following documents for your application:

  • Valid CNIC: Computerized National Identity Card.
  • Proof of Residence: Utility bills, rent agreement, or domicile certificate.
  • Business Registration Certificate: Proof of your business’s legal status.
  • Bank Statements: Statements from the past six months.
  • Detailed Business Plan: Outline of how the loan will be utilized and repayment strategy.
  • Guarantor Details: If required, provide your guarantor’s CNIC and financial documents.

Read More: CM Distributes Honhaar Scholarship

Application Process for the Asan Karobar Card Scheme

Follow these steps to apply online:

  1. Visit the Official Portal: Go to the Punjab Small Industries Corporation (PSIC) website or https://akc.punjab.gov.pk/ to apply.
  2. Register an Account: Create an account by providing your personal details.
  3. Complete the Application Form: Fill in the form with accurate information about yourself and your business.
  4. Upload Required Documents: Attach scanned copies of all necessary documents.
  5. Submit the Application: Review all information and submit your application.

Read More: Maryam Nawaz Inaugurates Laptop Scheme

Application Submission Deadline

The deadline for submitting applications for the Asan Karobar Card Scheme 2025 is March 31, 2025. Ensure all documents are prepared and submitted before this date to avoid any inconvenience.

Conclusion

The Asan Karobar Card Scheme 2025 is a valuable opportunity for entrepreneurs in Punjab to access interest-free loans for business growth. By meeting the eligibility criteria and following the outlined application process, you can secure the necessary funding to expand your business and contribute to the province’s economic development. Ensure all required documents are prepared and submitted before the application deadline.

Read More: Asan Karobar Finance Scheme for Loan

FAQs

What is the loan amount offered under this scheme?

The scheme provides interest-free loans ranging from PKR 100,000 to PKR 3 million, depending on the size and needs of your business.

Is there any interest on the loan?

No, the loans provided under the Asan Karobar Card Scheme are entirely interest-free.

What is the repayment period for the loan?

The repayment period is flexible, allowing up to seven years for small businesses and up to five years for medium-sized enterprises.

Can startups without prior revenue apply for loans?

Yes, startups, especially those in IT or innovative sectors, can apply if they meet the eligibility criteria and submit a comprehensive business plan.

Are agricultural businesses eligible under this scheme?

No, agricultural businesses are not included in the Asan Karobar Card Scheme, as they are covered under separate government initiatives.

Leave a Comment