Tue. Apr 8th, 2025
Documents Required to Get Rs 10 Lakh Interest-Free Loan from CM Punjab Asaan Karobar Card

CM Punjab Asaan Karobar Card

Punjab Chief Minister Maryam Nawaz Sharif had announced the launch of the CM Punjab Asaan Karobar Card, through which the Punjab government is providing interest-free loans of up to Rs 1 million to traders. Many traders had registered themselves in the Asaan Karobar Card issued by Punjab Chief Minister Maryam Nawaz Sharif, and many of them who were registered earlier have been issued Asaan Karobar Cards by the Punjab government.

Now those people are successfully continuing their business. If you also want to continue your business successfully, then you have to register yourself in the Asaan Karobar Card Scheme. Today, in this article, we will inform you about the complete procedure on how you can register yourself in the Asaan Karobar Card Scheme and what the eligibility criteria are to complete the registration successfully, so read the article completely.

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Who Can Apply for the CM Punjab Asaan Karobar Card?

The scheme is specially designed for:

  • Individuals who want to start a new business
  • Entrepreneurs looking to expand their current business

Eligibility Criteria for the CM Punjab Asaan Karobar Card Scheme

To apply for the CM Punjab Asaan Karobar Card Scheme, you must meet the following conditions:

  • Your age must be between 21 to 57 years
  • You must be a Pakistani citizen
  • You should be a resident of Punjab
  • Your business must be located in Punjab
  • You must be mentally and physically fit
  • You must have a valid CNIC with a registered mobile number
  • You must have no pending loans or a clear history of previous loans

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How to Apply for the CM Punjab Asaan Karobar Card Scheme?

Follow these easy steps to register for the scheme online:

1. Visit the Official Asaan Karobar Card Portal

Go to the official website of the Asaan Karobar Card Scheme to begin your registration.

2. Create Your Account

Enter the following information to sign up:

  • CNIC number
  • Mobile number
  • Email address
  • District, Tehsil, and Division details

3. Log In to Your Account

Use your CNIC and password to access your dashboard.

4. Fill Personal & Business Details

  • Enter your personal information (Name, Address, etc.)
  • Provide business details (Nature of business, duration, etc.)

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5. Upload Required Documents

  • CNIC front and back side scan

6. Enter Loan Information

Specify how much loan you are requesting (up to Rs 10 lakh).

Psychological Test and OTP Verification

  • After applying, you will be shown the terms and conditions.
  • Once you agree, you will take a psychological test to assess your business mindset.
  • An OTP (One-Time Password) will be sent to your mobile number.
  • Enter the OTP within 5 minutes to continue.

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Application Fee Payment

  • You must pay a non-refundable registration fee of Rs 500.
  • The payment can be made via:
    • Easypaisa
    • JazzCash
  • Use the PSID code provided during the application to complete the transaction.

Once paid, the system will update your payment status to “Paid”.

What Happens After You Apply?

Once your application is complete and the fee is paid, the Punjab Government will conduct a computerized lottery to select the final beneficiaries. If your name appears in the draw, you will receive a loan of Rs 1 million, which you can use for business purposes only.

Loan Repayment Plan

  • The loan is completely interest-free
  • You have 3 years to repay the loan
  • Repayment will be done through monthly installments

This easy repayment structure makes it highly convenient for small business owners to manage their finances and grow their businesses.

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Key Benefits of the CM Punjab Asaan Karobar Card Scheme

  • No markup or profit charges
  • Easy Digital Application Process
  • Support for Business Growth
  • Financial Inclusion for Youth and Entrepreneurs
  • Transparent Lottery Selection System

Frequently Asked Questions (FAQs)

What is the CM Punjab Asaan Karobar Card Scheme?

The Asaan Karobar Card Scheme is a special initiative launched by Punjab Chief Minister Maryam Nawaz Sharif to provide interest-free loans of up to Rs 1 million to individuals who want to start a new business or expand their existing one in Punjab.

Who can apply for the CM Punjab Asaan Karobar Card?

Only residents of Punjab between the ages of 21 and 57 who are mentally and physically fit, and who either want to start a business or grow an existing one, are eligible to apply for the scheme.

Is there any interest in the loan under this scheme?

No, the loan provided through the Asaan Karobar Card Scheme is completely interest-free, making it easier for small business owners to repay and manage their finances.

How much loan can I get through the CM Punjab Asaan Karobar Card?

Applicants can receive a loan of up to Rs 10 lakh (Rs 1 million) from the Punjab government under this scheme.

How do I apply for the CM Punjab Asaan Karobar Card?

To apply, visit the official Asaan Karobar Card portal, create your account, fill in your personal and business details, upload the required documents, and submit your application online.

What documents are required for registration?

You will need a valid CNIC (both front and back scanned) and a mobile number that is registered with the same CNIC to complete your registration process.

Is there any application fee?

Yes, there is a non-refundable application fee of Rs 500, which must be paid through Easypaisa or JazzCash using the provided PSID code.

Will everyone who applies get the loan?

No, the final selection of applicants will be done through a transparent computerized lottery system conducted by the Punjab government.

How will I repay the loan?

The loan will be repaid in monthly installments over a period of three years. Since it is interest-free, repayment is made easier and more affordable for entrepreneurs.

Is a psychological test mandatory?

Yes, after agreeing to the terms and conditions during the online application process, applicants must take a psychological test to evaluate their business mindset before proceeding further.

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Final Thoughts

CM Punjab Asaan Karobar Card Scheme 2025 is a golden opportunity for those in Punjab who want to start their own business or expand their existing business. With no interest and a simple application process, this program helps you turn your business dream into a reality.

If you meet the eligibility criteria of this scheme, then take advantage of this wonderful opportunity. Register yourself today and take the first step towards a successful business with the support of the Punjab Government.

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