The Government of Punjab has introduced the Asaan Karobar Card to empower small and medium-sized enterprises (SMEs) by providing interest-free loans. This initiative aims to stimulate economic growth and foster entrepreneurship across the province. If you’re an entrepreneur looking to start or expand your business, here’s how you can register for the Asaan Karobar Card through the official portal akc.punjab.gov.pk.
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Eligibility Criteria for the Asaan Karobar Card
Before applying, ensure you meet the following criteria:
- Business Size:
- Small Enterprises: Annual sales up to PKR 150 million.
- Medium Enterprises: Annual sales between PKR 150 million and PKR 800 million.
- Age: 25 to 55 years.
- Tax Compliance: Active tax filer with no bad credit history.
- Residency: Both residence and business located in Punjab.
- Identification: Valid CNIC and National Tax Number (NTN).
- Business Premises: Ownership or rental agreement for business location.
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Asaan Karobar Card Loan Details
Tier | Loan Amount | Security | Repayment Period | Application Fee |
T1 | PKR 1 million to 5 million | Personal guarantee | Up to 5 years | PKR 5,000 |
T2 | PKR 6 million to 30 million | Property or asset collateral | Up to 5 years | PKR 10,000 |
Additional Details:
- Grace Period:
- Up to 6 months for new businesses.
- Up to 3 months for existing businesses.
- Equity Contribution:
- None for T1, except for leased vehicles (25%).
- For other cases under T1 and T2, it’s 20%.
- Women, transgender, and differently-abled persons contribute only 10%.
- Late Fees: PKR 1 per PKR 1,000 overdue per day.
- Other Costs: No annual fees for new or eco-friendly businesses. Existing businesses in T2 pay 3% per year. Legal, insurance, and registration costs are additional.

Register Now for Asaan Karobar Card at Portal
Follow these steps to apply for the Asaan Karobar Card:
- Prepare Required Documents:
- Passport-size photograph or selfie.
- Scanned copies of your CNIC (front and back).
- Mobile number registered under your name.
- Details of two non-relative references, including their CNIC copies and mobile numbers.
- Proof of tax filing status.
- Business documents such as income and expense statements, and proof of business premises (rent agreement, transfer letter, or registry).
- Register on the Portal:
- Visit the official Asaan Karobar portal at akc.punjab.gov.pk.
- Sign up using your registered mobile number.
- Complete the Application Form:
- Fill out the online application form, which takes approximately 15 minutes.
- You can save your progress and complete it later if needed.
- Upload Documents and Pay Fees:
- Upload all required documents.
- Pay the non-refundable application fee (PKR 5,000 for T1 and PKR 10,000 for T2).
- Submit and Track Application:
- Submit the completed application.
- Upon submission, you’ll receive a registration number on the screen and via SMS.
- Track your application status through SMS updates or on the portal.
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Required Documents for the Asaan Karobar Card
- Passport-size photograph or selfie.
- CNIC (front and back).
- Mobile number registered under your name.
- CNIC copies and mobile numbers of two non-relative references.
- Proof of tax filing status.
- Business income and expense details.
- Proof of business and residence addresses (rent agreement, transfer letter, or registry).
- Details of security to be offered for T2 loans (e.g., property documents or government securities).
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Conclusion
The Asaan Karobar Card is a significant opportunity for entrepreneurs in Punjab to access interest-free financing for their business ventures. By meeting the eligibility criteria and following the application process through the official portal akc.punjab.gov.pk, you can take a substantial step toward achieving your business goals. Stay informed about deadlines and updates by regularly visiting the portal.
FAQs
What is the Asaan Karobar Card?
The Asaan Karobar Card is an initiative by the Government of Punjab to provide interest-free loans to SMEs, facilitating business startups, expansions, and modernization.
Who is eligible to apply?
Entrepreneurs aged 25 to 55, with businesses in Punjab, who are active tax filers and have no bad credit history, are eligible to apply.
What are the loan amounts and terms?
Loans range from PKR 1 million to 30 million, with repayment periods up to 5 years. The program offers two tiers with specific security and application fee requirements.
How can I apply?
Applications can be submitted online through the official portal akc.punjab.gov.pk. Ensure you have all required documents and meet the eligibility criteria before applying.
Is there an application fee?
Yes, the application fee is PKR 5,000 for Tier 1 and PKR 10,000 for Tier 2 loans, both non-refundable.
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