Asaan Karobar Card Scheme Phase 2 Started Apply For Interest-Free Loan

Asaan Karobar Card Scheme Phase 2

Punjab government has launched Asaan Karobar Card Scheme Phase 2 to support small entrepreneurs with interest-free loans up to PKR 1 million. The scheme uses a digital SME card that ensures transparent and structured fund utilization through POS, mobile app, and online channels. It aims to help small businesses grow, manage expenses, and strengthen Punjab’s economy.

This card provides a three-year facility, including a 12-month revolving credit, 24 monthly repayments, and a 3-month grace period. Entrepreneurs can use it for vendor payments, government fees, utility bills, or limited cash withdrawal. With 0% interest, digital monitoring, and transparent usage, it ensures funds are used only for genuine business needs, giving entrepreneurs a fair chance to expand.

You Can Also Read: Punjab Solar Tubewell Scheme 2025 Online Apply

What is the Asaan Karobar Card Scheme?

The Asaan Karobar Card Scheme is a government program designed to help small businesses in Punjab. It offers interest-free loans up to PKR 1 million through a digital SME card. The card can be used for business payments, utility bills, taxes, and supplier costs, making business transactions simple and transparent.

This scheme supports both new and existing entrepreneurs by giving them access to easy credit. The repayment plan is flexible with a 3-year duration, a grace period, and repayment in equal monthly installments. With digital monitoring and clear rules, it ensures that funds are used only for real business purposes, helping entrepreneurs grow with confidence.

You Can Also Read: Honhaar Scholarship Phase 2 Eligibility Criteria Required Documents and Check Online Status

Who Can Apply for Phase 2 Interest-Free Loan?

Asaan Karobar Card Scheme Phase 2 is designed for small entrepreneurs in Punjab who want to expand or start businesses. Applicants must meet basic age, residency, and business rules to access interest-free loans of up to PKR 1 million.

Age between 21 to 57 years
Resident of Punjab
Pakistani national with valid CNIC
Business must be in Punjab
Clean credit history

You Can Also Read: Punjab Bike Scheme for Students 2025 Started Again Apply Via Pave Portal

Eligibility Criteria for Asaan Karobar Card Phase 2

To qualify under Asaan Karobar Card Scheme Phase 2, applicants must pass financial checks, have a valid business setup, and register with tax authorities within six months of card issuance.

Eligibility Criteria:

Age: 21to 57 years
Punjab domicile required
Valid mobile SIM in applicant’s name
Must clear psychometric test
One application per person or business
PRA or FBR registration is mandatory

You Can Also Read: Punjab Solar Tubewell Scheme 2025 Online Apply

Documents Required for Registration in Asaan Karobar Card Scheme Phase 2

Applicants of Asaan Karobar Card Scheme Phase 2 must submit essential ID and business documents digitally for verification. These documents confirm ownership, business activity, and personal details.

Required Documents:

CNIC copy
Mobile number registered to applicant
Business premises proof
Bank details for transactions
Tax registration
Signed guarantee or affidavit

You Can Also Read: Punjab 3 Marla Plot Scheme Online Registration Started Apply Now for a Free Plot

Step-by-Step Guide to Apply for Asaan Karobar Card Scheme Online

Applying for Asaan Karobar Card Scheme Phase 2 is easy through the PITB portal. Applicants need to sign up, upload documents, pay the fee, and wait for approval.

Steps to Apply:

Visit akc.punjab.gov.pk
Register and create account
Fill personal or business details
Upload CNIC and documents
Pay PKR 500 processing fee
Submit form and track status

You Can Also Read: Pave Scheme Bikes and Rickshaws List You can apply for

Loan Amount, Repayment Plan, and Benefits for Small Businesses

With Asaan Karobar Card Scheme Phase 2, small businesses can access up to PKR 1 million in interest-free loans, repayable in installments with a grace period. The scheme promotes digital payments and vendor support.

Details are bellow:

Loan limit: PKR 1 million
3 months grace period
24 equal installments
The 50% limit is released first
The remaining 50% after verification
Interest-free revolving credit

You Can Also Read: PM Bike Scheme 2025 Eligibility Criteria and Required documents to apply

How to Check Application Status Online for Phase 2?

Applicants of Asaan Karobar Card Scheme Phase 2 can track their loan application online by logging into the official portal and using their ID. Updates show verification and approval stages.

Visit official portal
Log in with credentials
Enter application ID
Check approval progress
Download confirmation slip
Use helpline for support

You Can Also Read: Pave Gov Pk Registration Process and Required Documents Details

Approved Banks and Centers for Loan Distribution

Under Asaan Karobar Card Scheme Phase 2, loans are distributed through approved banks and centers to ensure transparency. Cards are issued digitally for business-related payments.

Bank of Punjab main partner
Authorized centers in districts
SME card distribution system
Urban Unit verifies businesses
Helpline 0800-17000 for assistance

You Can Also Read: PM Laptop Scheme Started Again Get Loan for Laptop

Frequently Asked Questions

How much can I get and what is the interest?

Interest-free (0%) loans are available up to PKR 1,000,000.

What are the key eligibility requirements?

Clean credit history, Punjab domicile, mobile number in your name, and business/tax registration are mandatory.

What are the documents required?

Copy of CNIC, proof of business premises, bank details, tax registration and signed guarantee or affidavit.

How to apply online?

What is the loan repayment and terms and conditions?

After a grace period of 3 months, equal installments are available in 24 months, 50% is released first and the remaining 50% is available on verification.

You Can Also Read: PM Rickshaw Scheme Apply Online Via Pave.gov.pk

Final Thought

Asaan Karobar Card Scheme Phase 2 is a practical and transparent opportunity for small traders and new entrepreneurs that supports businesses through interest-free credit, digital monitoring and easy repayment plans. This scheme will not only reduce business costs but also help strengthen the economy of Punjab by promoting tax registration and financial transparency. Just know that before applying, keep the necessary documents ready and apply quickly through the online portal.

You Can Also Read: PM Electric Bike Scheme Online Apply Get Bike on Subsidy and Installment

Asaan Karobar Card Scheme Phase 2 Started Apply For Interest-Free Loan