Imagine you run a small tailoring shop in Lahore or a grocery store in Faisalabad, and you need some extra cash to buy supplies or pay bills. Getting a loan can feel scary with high interest rates. That’s where the Asan Karobar Scheme Card comes in! Launched by the Punjab government, this digital card gives small business owners like you up to PKR 1 million interest-free to grow your business. No stress, no hidden costs—just simple, smart funding.
Let’s break down what the Asan Karobar Scheme Card is, how it works, and how it can help you with real-life examples as of March 21, 2025.
What’s the Asan Karobar Scheme Card All About?
The Asan Karobar Scheme Card is like a special debit card for your business. It gives you up to PKR 1 million without any interest—yes, 0%! You can use it for 12 months as a revolving credit line, meaning you borrow, spend, and borrow again within that limit. After the first year, you pay it back in 24 easy monthly payments. Plus, you get a 3-month break before repayments start.
For example, if you’re a baker in Multan, you could use the card to buy flour and sugar, pay your shop’s electricity bill, or even withdraw a little cash (up to 25%) for small expenses like fixing an oven.
Cool Features of the Asan Karobar Scheme Card
Here’s what makes the Asan Karobar Scheme Card so handy:
- Max Amount: PKR 1 million.
- Time to Use: 3 years (1 year to spend, 2 years to pay back).
- Repayments: 24 equal monthly chunks after year one.
- Grace Period: 3 months before you start paying.
- Interest: None—0%!
- How to Use It:
- Pay suppliers (like fabric for a tailor).
- Cover utility bills or taxes.
- Withdraw cash (up to 25%) for urgent needs.
- Shop digitally with a mobile app or POS machine.
It’s all done online, so every penny is tracked—no funny business!
Who Can Grab an Asan Karobar Scheme Card?
This card is for small business owners in Punjab. You qualify if:
- You’re 21 to 57 years old.
- You’re a Pakistani living in Punjab.
- You have a valid CNIC and a phone number in your name.
- Your business (or dream business) is in Punjab.
- You’ve got a decent credit score and no unpaid loans.
- You apply just once per person or business.
For instance, if you’re 30, live in Rawalpindi, and sell handmade jewelry, you’re good to go!
How Do I Get My Asan Karobar Scheme Card?
Getting the Asan Karobar Scheme Card is super easy:
- Apply Online: Visit the Punjab Information Technology Board (PITB) website and fill out the form. Visit https://akc.punjab.gov.pk/login
Click on acknowledge & Proceed button
- Pay a Small Fee: Just PKR 500 (non-refundable).
- Get Checked: They’ll verify your ID, credit, and business spot digitally.
Enter the perosoal data of the applicant.
Once all data is saved , enter the login detail and login to start submitting the asaan Karobar Scheme Card application.
Once all necessary data is entered and saved it will redirect to psychometric Assessment Test.
Once approved, your card arrives, and you’re ready to start spending.
Using and Paying Back the Asan Karobar Scheme Card
Here’s how it works in action:
Spending the Money
- First 50%: You get half the limit (PKR 500,000) to use in the first 6 months. Say you’re a fruit seller in Gujranwala—you could buy crates of mangoes for the season.
- Second 50%: After 6 months, if you’ve paid on time and registered with PRA/FBR (tax offices), you unlock the rest.
The card only works for business stuff—no buying personal gadgets or movie tickets!
Paying It Back
- 3-Month Break: No payments for the first 3 months.
- Small Starts: After that, pay at least 5% of what you owe each month (just the loan, no interest).
- Full Plan: After 12 months, split the rest into 24 monthly payments.
For example, if you borrowed PKR 400,000 to stock your shop, you might pay PKR 16,666 monthly for 2 years after the first year—simple and doable.
What’s It Cost to Use the Asan Karobar Scheme Card?
No interest, but there are a couple of fees:
- Yearly Card Fee: PKR 25,000 + tax, taken from your limit.
- Free Stuff: Card delivery and life assurance are covered.
- Late Fee: If you miss a payment, the bank adds a charge (check their rules).
It’s still a sweet deal compared to regular loans.
Safety and Rules
The Asan Karobar Scheme Card keeps things safe and fair:
- You sign a digital promise to pay back.
- Life assurance is included.
- Someone checks your business in person within 6 months and every year after.
- You must sign up with PRA/FBR within 6 months.
Think of it like a teacher making sure you’re doing your homework—only for business!
Extra Help with the Asan Karobar Scheme Card
New to business? No worries! Check out feasibility studies on the Punjab Small Industries Corporation (PSIC) or Bank of Punjab (BOP) websites. They’ll show you how to plan—like if you want to start a tea stall in Sialkot, they’ll guide you step-by-step.
Why You’ll Love the Asan Karobar Scheme Card
The Asan Karobar Scheme Card makes life easier. Need to pay a supplier? Swipe it. Utility bill due? Done. It’s interest-free, digital, and built for small businesses like yours. In Punjab, it’s creating jobs and helping shops, stalls, and startups grow every day.
Grab Your Asan Karobar Scheme Card Now!
Ready to boost your business? The Asan Karobar Scheme Card gives you up to PKR 1 million interest-free. Apply on the PITB website today—it’s quick and easy. Visit PSIC or BOP online for tips and start building your dream.
If you need help for application submission you can comment below in the comments section, and can share this detailed article to others who are seeking help to Apply the Assan Karobar Scheme Card.
