Rs. 10 Lakh Business Loan Without Interest – Apply for Asaan Karobar Card Now!

In a country like Pakistan, where most people struggle to kick start their own businesses due to lack of funding, the Punjab government has introduced a fantastic new initiative. The CM Punjab Asaan Karobar Card 2025 is a breath of fresh air for aspiring entrepreneurs, small business owners, and vendors looking for a financial push. Launched by Chief Minister Maryam Nawaz, this program is designed to provide interest-free loans and that too, in a completely digital and easy-to-access way. Let’s break it down in simple words and see how this scheme can help turn your business dreams into reality.

What Is the Asaan Karobar Card?

This is not just any loan scheme. The Asaan Karobar Card gives you access to an interest-free loan of up to Rs. 10 lakh (1 million rupees). Yes, you heard that right zero interest! You can use this money to start a new business or grow an existing one. It’s aimed at reducing unemployment and helping the middle class build something of their own without getting stuck in bank interest traps.

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Key Features of the Asaan Karobar Card

• Loan Limit: Up to Rs. 10 lakh (PKR 1,000,000)
• Interest: 0% interest rate
• Repayment Tenure: 3 years
• Grace Period: No installment for the first 3 months
• Revolving Credit: You can reuse the loan in the first year (like a credit line)
• Fixed Installments: After the first year, monthly payments for 2 years
• 50% Disbursement: Half of the loan is given upfront
• Remaining 50%: Released after business is registered with PRA or FBR

Where Can You Use the Loan?

The loan money must be used for business-related activities. Here’s what you can do:

• Pay suppliers or buy stock
• Clear electricity and utility bills
• Pay government taxes
• Make transactions through mobile apps or POS machines
• Withdraw up to 25% of the loan in cash (only for business use)

But remember, you can’t use this money for personal needs, investing in stocks, or paying school fees.

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Eligibility Criteria for the Asaan Karobar Card

To be eligible for the CM Punjab Asaan Karobar Card, you need to:

• Be a resident of Punjab
• Have a valid CNIC and active mobile number
• Be aged between 21 and 57
• Either own a business in Punjab or want to start one
• Have a clean credit history
• Pass a simple psychological and credit test

How to Apply for Asaan Karobar Card Scheme?

The process is totally digital, so no need to stand in long queues.

1. Go to the Punjab Information Technology Board (PITB) website
2. Fill out the online application form
3. Pay the Rs. 500 non-refundable processing fee
4. Upload necessary documents like CNIC, business info, etc.
5. Wait for digital verification of your business and credit history
6. If approved, your card will be issued.

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Asaan Karobar Card Loan Repayment Policy 

• First 6 months: You get 50% of the loan
• After business registration: The rest is released
• After grace period: Repay 5% monthly of the amount used
• Rest of the loan is paid in 24 fixed installments

Security and Verification Requirements

To ensure the money is used properly:

• You must provide a self-guarantee
• Life insurance is compulsory
• Your business location will be physically verified
• You must register your business with PRA or FBR within 6 months

Need Help?

If you face any issues while applying, don’t worry. Just call the Punjab Government’s helpline 1786 for assistance.

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Final Thoughts

The CM Punjab Asaan Karobar Card 2025 is not just another government loan scheme, it’s a solid step towards economic empowerment. By giving interest-free loans with a simple repayment plan, the government is showing trust in its people. If you’re someone with a solid business idea or looking to expand your small shop or online venture, don’t let this opportunity slip away. Visit the PITB official website, gather your documents, and apply today.