Asaan Karobar Scheme 2026: Complete Guide to Eligibility, Loan Details & Status Check
Last Updated: June 4, 2026
- Program: CM Punjab interest-free business loan scheme
- Loan Range: Rs. 1 Lac (Tier 1 SME Card) to Rs. 3 Crore (Tier 3)
- Interest Rate: 0% for Tier 1 | Subsidized for Tier 2 & 3
- Age Requirement: 21 to 57 years | Punjab residents only
- Bank Partner: Bank of Punjab
- Application Portal: akc.punjab.gov.pk
- Processing Fee: PKR 500 (paid during online registration)
- Helpline: 1786 (24/7 Bank of Punjab support)
- Repayment Period: Up to 3 years (Tier 1) / 5 years (Tier 2 & 3)
- Grace Period: 3 months (Tier 1) / Up to 6 months (startups)
Quick Overview of Asaan Karobar Scheme
The Government of Punjab launched the Asaan Karobar Scheme under the leadership of Chief Minister Maryam Nawaz Sharif in 2025, and the program continues into 2026 with active applications. It helps small business owners and new entrepreneurs start and grow their businesses by providing them loans, similar to the CM Punjab E-Taxi Scheme.
It is a CM Punjab program that gives business loan, and not a cash transfer program like the Benazir Income Support Programme. This scheme offers interest-free loans through a digital card called the SME Card. The main goal of this program is to support small and medium enterprises, increase the employment rate, and help people build stable income sources.
Key Features of Asaan Karobar Scheme
Asaan Karobar Scheme gives interest-free financing, easy repayment, and digital control. It also ensures transparency through mobile apps and point of sale (POS) systems.
| Feature | Details |
|---|---|
| Loan Amount | Up to PKR 1 million (10 Lac) using SME Card. Higher tiers available up to PKR 30 million (3 Crore) |
| Interest Rate | 0% (Completely interest-free) |
| Loan Type | Revolving credit facility for 12 months |
| Loan Tenure | Up to 3 years (SME Card) / Up to 5 years (higher tiers) |
| Grace Period | 3 months (SME Card) / Up to 6 months (for startups) |
| Repayment Plan | 24 equal monthly installments after the first year |
| Security Requirement | Personal guarantee (small loans) / Collateral (higher loans) |
| Usage of Funds | Vendor payments, utility bills, taxes, business expenses |
| Cash Withdrawal | Up to 25% of total limit |
| Digital Access | Mobile app and POS system transactions |
| Banking Partner | Bank of Punjab |
| Target Audience | Small and medium enterprises (SMEs), startups, young entrepreneurs |
How to Check the Status of Asaan Karobar Card
You can check your application status and track your loans online in a few simple steps using your CNIC.
Common Status Meaning
Eligibility Criteria
Before you apply, you must check if you meet the basic requirements for the Asaan Karobar Scheme. The government sets simple rules so only serious applicants apply.
Who can Apply?
Age Limit
21 to 57 Years
Nationality
Pakistani
Residency
Punjab
CNIC
Valid NADRA CNIC
Mobile
Registered on CNIC
Business
Existing/New in Punjab
Business & Financial Requirements
Additional Requirements
SME Definition as per SBP
The scheme follows the rules of the State Bank of Pakistan:
Common Reasons for Application Rejection
Many people face rejection due to simple mistakes. The Asaan Karobar Scheme checks your details carefully and deeply. Even a small error can cause rejection.
Incomplete documents
Missing CNIC copy, business proof, or other required files
Wrong or fake information
Incorrect details can lead to instant rejection
Unregistered mobile number
Your SIM must be registered under your CNIC
Bad credit history
Unpaid loans or a poor record of credit in the bank.
Weak business plan
Your business plan must explain your business clearly
No tax registration
Failure to register with the Federal Board of Revenue or PRA on time
You can also Check Eligibility Status for BISP using your CNIC.
Tips for a Successful Application and Avoiding Rejection
Check Eligibility First
Make sure you meet all conditions before applying. This saves time and avoids rejection.
Prepare Documents
Keep your CNIC, mobile number, and business papers ready. A valid CNIC must be issued by NADRA.
Complete Tax Registration
Register your business with FBR or PRA on time. Do not delay this step.
Track Your Application
Log in to the portal regularly. Check updates and upload documents if needed.
Loan Amount Details in Asaan Karobar Scheme
The loan amount in the Asaan Karobar Scheme depends on your business size and needs. The scheme offers different categories or tiers.
| Category | Loan Range | Interest Type | Target Group |
|---|---|---|---|
| Tier 1 | Up to PKR 1 Million | 0% (Interest-Free) | Skilled youth, small startups |
| Tier 2 | PKR 1 – 5 Million | Subsidized | Growing small businesses |
| Tier 3 | PKR 5 – 30 Million | Low markup | Established businesses |
Complete List of Required Documents for Asaan Karobar Scheme
Before starting your online application at akc.punjab.gov.pk, keep these documents ready to upload:
Note: All documents must be uploaded in clear, readable format (JPG or PDF). Blurry or incomplete uploads are a common reason for rejection.
How to Apply for Asaan Karobar Scheme
You can apply online in a simple way. The Asaan Karobar Scheme uses a digital system. You do not need to visit any office. You only need your CNIC, mobile number, and basic details.
Applications are submitted through the portal managed by the Punjab Information Technology Board (PITB). You also need to pay a small processing fee of PKR 500. The system will verify your CNIC, credit history, and business details automatically.
Register Your Account
Go to the official portal.
Enter your basic details: Name, Father’s or husband’s name, Date of birth and Valid CNIC issued by NADRA.
Add your mobile number registered on your CNIC.
Create a password and click Register.
Log in to Your Account
Use your CNIC and password to log in.
Open your dashboard.
Enter Personal Details
Fill in your personal information: Address, Education, Work experience and Employment status.
Click Save & Next after each step
Add Business Details
Provide your business information: Business type and nature, Business address, Monthly sales or cost and Number of employees
Enter Loan Details
Select your required loan amount.
Choose the loan type based on your business need.
Upload Required Documents
Upload clear documents: CNIC (front and back), Bank statement and Business proof.
Key Benefits of the Asaan Karobar Scheme
The Asaan Karobar Scheme gives strong support to new and small business owners. With Rs. 48 billion allocated budget and a fully digital application process, it targets skilled youth, women entrepreneurs, and SMEs across Punjab to build stable income sources and increase employment in the province.
Interest-Free Loans
You can get a loan from PKR 100,000 to PKR 1 million.
The loan comes with 0% interest.
This helps you avoid an extra debt burden and start a business with low risk.
Easy Repayment System
You can repay the loan in simple installments over 3 years.
You also get a 3-month grace period.
Business Support Usage
You can use the loan for daily business needs: Vendor payments, Utility bills, Equipment purchase and Business expansion.
Digital Access and Security
Funds work through digital banking systems like Bank of Punjab. You can use ATM and digital channels and Track transactions easily.
Target Beneficiaries of Asaan Karobar Scheme
The Asaan Karobar Scheme supports different types of people who want to start or grow a business in Punjab. It focuses on people with skills but limited capital.
Young Entrepreneurs
Women Founders
Freelance Workers
Skilled Labors Workers
Small Business Owners
Loan Usage and Repayment Details
The Asaan Karobar Scheme uses a controlled and transparent funding system. It releases funds in stages.
First 50% Loan Limit
You can use the first half of the loan within the first 6 months. This helps you start or stabilize your business early.
Grace Period
You get a 3-month grace period after card issuance. During this time, you do not repay the loan
Monthly Repayment Start
After 3 months, repayment begins. You pay a minimum of 5% monthly installment. This 5% applies only to the remaining principal amount.
Second 50% Loan Release
The remaining loan is released only when you register with Federal Board of Revenue or PRA, you use funds properly and repay regularly
Final Repayment Plan
After the first year remaining balance spreads over 2 year. Asaan Karobar Scheme uses a simple and fixed repayment plan. Borrowers pay equal monthly installments to manage cash flow easily in Punjab.
| Booking Date | First Payment Due Date |
|---|---|
| On or before 15th of the month | 1st of the following month |
| After 15th of the month | 1st of the month after next month |
Charges and Fees
AKC keeps everything transparent for borrowers in Punjab. All charges stay defined before and after loan approval. There are no hidden charges of any kind
Service Fees
Annual Card Fee
PKR 25,000 + FED
Late Payment
PKR 1 / 1000 / Day
Processing Fee
PKR 500
Handling Fees
Green Field Startups
0% (Free)
Brown Field (Existing)
3% P/A
DBR and Interest Pricing
The Asaan Karobar Scheme uses a Debt Burden Ratio (DBR) to check how much loan a person can safely repay every month. This rule protects borrowers from financial stress in Punjab.
Debt Burden Ratio
40-50% of Net Income
Tier 1: 40% Max | Tier 2: 50% Max DBR Allowed.
Market Pricing
6-Month KIBOR + 2.40%
Applied annually based on SBP market benchmarks.
Security Requirements
The Asaan Karobar Scheme follows strict security rules to reduce risk and ensure safe lending. These rules depend on loan tiers and business type in Punjab.
Tier 1 (T1)
Personal Guarantees
Net worth statement verified with Federal Board of Revenue preferred.
Tier 2 (T2)
Property Mortgage
Mortgage of residential, commercial, or industrial property required.
Commercial Vehicle Financing
Vehicle is registered in the name of Bank of Punjab. Minimum 25% equity contribution required. No grace period.
Equity Requirements
General T1
0% Share
General T2
20% Share
Women/PWD
10% Share
Asset Insurance Requirements for Loan Recipients
All financed assets must have full insurance coverage (Property, Leased assets, Pledged stocks). Borrower pays premium based on actual cost.
Bank of Punjab’s Role in Asaan Karobar Scheme
The Bank of Punjab manages the entire loan process from verification of CNIC and business details to final disbursement and repayment tracking
Verification
Disbursement
Support
1786
Official Helpline
24/7 Support
