If you’re a small business owner in Punjab who applied for the Asaan Karobar Card earlier this year, here’s some exciting news: you can now check your application status online!
What Is the Asaan Karobar Card?
Launched in January 2025, the Asaan Karobar Card is a groundbreaking initiative by the Punjab government aimed at supporting Small and Medium Enterprises (SMEs). It provides interest-free loans ranging from PKR 100,000 to PKR 1 million to help entrepreneurs grow and stabilize their businesses, ultimately boosting economic development across the province.
How to Check Your Asaan Karobar Card Application Status
Follow these simple steps to check your application status:
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Visit the Official Portal: Go to akc.punjab.gov.pk.
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Log In: Enter your registered CNIC number and password.
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View Status: Once logged in, you’ll see your current application status—whether it’s under review, approved, or if further action is required.
Asaan Karobar Card Details – 2025
Detail | Information |
---|---|
Program Name | Asaan Karobar Card |
Launch Date | January 16, 2025 |
Application Deadline | March 31, 2025 |
Loan Amount | PKR 100,000 to PKR 1,000,000 |
Interest Rate | 0% (Interest-Free) |
Repayment Period | Up to 3 years |
Grace Period | 3 months |
Processing Fee | PKR 500 |
Eligibility Age | 21 to 57 years |
Application Portal | akc.punjab.gov.pk |
Eligibility Criteria for the Asaan Karobar Card
To be eligible for the Asaan Karobar Card, applicants must:
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Be a Pakistani national residing in Punjab.
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Be between 21 and 57 years of age.
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Hold a valid CNIC and have a registered mobile number in their name.
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Own or plan to start a business within Punjab.
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Maintain a clean credit history with no overdue loans.
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Successfully pass credit and psychometric assessments.
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Only one application per individual/business is allowed.
Also Read: Punjab’s Apni Chhat Apna Ghar Scheme 2025: Your Rs. 15 Lakh Loan Made Simple
Loan Usage and Repayment
Approved funds can be used for various business needs, such as:
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Payments to vendors and suppliers.
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Utility bills, government fees, and taxes.
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Cash withdrawals (up to 25% of the approved amount) for miscellaneous business expenses.
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Digital payments through POS systems and mobile applications.
Repayment begins after the 3-month grace period, with equal monthly installments spread across the loan tenure.
Conclusion
The Asaan Karobar Card represents a bold step by the Punjab government to uplift local entrepreneurs and energize the province’s economy. If you’ve already applied, now is the perfect time to check your application status and move forward with your business ambitions.