Punjab Asaan Karobar Card
Punjab Asaan Karobar Card Loan Scheme is a revolutionary initiative. It aims to empower small businesses across Punjab by providing interest-free loans. The scheme facilitates through a digital SME card. It provides financial assistance to businesses. It ensures transparency and ease of access. Businesses wishing to benefit from this scheme must apply online before the latest deadline, which is March 31, 2025.
Punjab Asaan Karobar Card is designed to provide financial relief and growth opportunities to small businesses. The scheme enables businesses to access a revolving credit facility of up to 1 million. Which helps them maintain and expand their businesses. The loan tenure is three years. With regular repayments to reduce the financial burden on the borrowers.
Punjab Asaan Karobar Card Online Registration
Interested applicants can apply for the scheme through the PITB portal. The process is straightforward and involves the following steps:
Online Registration: Visit the official PITB portal and complete the application form.
Processing Fee: Pay a non-refundable processing fee of 500/-.
Digital Verification: Authorities will verify CNIC, credit history, and business premises digitally.
Approval & Card Issuance: Upon successful verification, the applicant will receive the Asaan Karobar Card.
Key Features of the Scheme
Feature | Details |
Scheme | Asaan Karobar Card |
Loan Limit | Up to 1000000Rs/- |
Loan Type | Revolving credit facility (12 months) |
Loan Tenure | 3 years |
Repayment Term | 24 equal monthly installments after the first year |
Grace Period | 3 months from the card issuance date |
Interest Rate | Zero 0% |
Eligibility Criteria For New Registration
To be eligible for the Punjab Asaan Karobar Card Loan Scheme, applicants must meet the following criteria:
- Be a small business operating in Punjab.
- Be between the ages of 21 and 57.
- Be a Pakistani citizen residing in Punjab.
- Have avalid CNIC and a registered mobile number
- Own an existing or prospective business in Punjab.
- Have satisfactory credit and psychometric assessment.
- Maintain a clean credit history with no outstanding debts
- Only one application is allowed per individual/business.
Good News! Punjab Karobar Card Scheme For Free Interest Loan (0.1 to 10 Million)
Loan Usage & Repayment Terms
Loan funds can be used for business-related expenses, including vendor and supplier payments, utility bills, government fees, and digital transactions through POS or mobile apps. Cash withdrawals of up to 25% of the limit are permitted for miscellaneous business purposes.
However, personal or non-business transactions, such as entertainment and luxury purchases, are strictly prohibited. The first 50% of the loan limit is available for use within the first six months, while the second 50% is released on regular payments and business registration with PRA/FBR.

Charges and Fees
- Annual Card Fee: 25000 + FED (deducted from the approved limit)
- Additional Costs: Life assurance, card issuance, and delivery charges covered by the scheme
- Late Payment Charges: Applicable as per the bank’s policy
Security & Verification Process
To ensure compliance and protection, the borrower will have to digitally sign a personal guarantee, and life insurance is included in the loan package. Urban Unit will conduct physical verification of the business premises within six months of loan approval and annually thereafter. Registration with PRA/FBR is mandatory within six months of card issuance to continue accessing funds.
Also Read: Asaan Karobar Finance Scheme Interest Free Loans for SMEs of Punjab Latest 2025
Additional Support for Applicants
To help entrepreneurs make informed decisions, feasibility studies are available on the websites of the Punjab Small Industries Corporation and Bank of Punjab. These resources are especially beneficial for startups and new business ventures.
Conclusion
The Punjab Asaan Karobar Card Loan Scheme is a game-changer for small businesses, providing much-needed financial support without any interest burden. Entrepreneurs of Punjab should take advantage of this opportunity and apply online before the latest deadline, March 31, 2025. By ensuring compliance with the eligibility criteria and repayment terms, business owners can take advantage of this initiative to effectively grow and sustain their businesses.