The CM Punjab Asaan Karobar Card Scheme offers small business owners loans without interest, helping them grow their businesses without extra costs.

Steps To Apply For CM Punjab Asaan Karobar Card Scheme

Step 1: Verify Eligibility

At the beginning of the application process, you must make sure you fulfill the requirements stated below:

• Age: The applicant should be at least 21 but less than 57 years old.​
• Residency: You are a Pakistani national presently living in Punjab.​
• Identification: Must have a Computerized National Identity Card (CNIC).​
• Mobile Number: In your name, your number should be a registered one.​
• Business Status:  It’s either that you have a business or you intend to establish a new one
• Credit History: There were no loans overdue or defaults.​
• Application Limit: Just one application per person and business.​

Fulfilling these criteria is mandatory for the continuation of the application.​

Step 2: Gather Required Documents

Go through the application process more quickly by preparing these documents:

• CNIC Copies: You need to have the front and back sides of the CNIC scanned.​
• Photograph: A  passport-sized photo or a recent clear front picture.​
• Proof of Business: Rent contracts, deeds, or business registration certificates are examples of such documents.​
• References: Names, CNIC copies, and contact details of two non-relatives that count as references.​

 If you have these documents with you, this will speed up the application process considerably.​

Step 3: Register on the Online Platform. To enroll:

• Use the Portal: Go to the Asaan Karobar Card Login website APPLY NOW
• Sign Up: Click “REGISTER NOW” and input your mobile number (should be in your name).
• Personal Information: Make sure to provide the correct information, such as your name, father’s name, CNIC number, date of birth, and phone number.​
• Create Password: Make a secure password to protect your account from hackers.​

Step 4: Fill out the Application Form for successful registration:

• Visit: Log in using your CNIC number and the password to sign in to your account.​
• Personal Detail: Give details of your complete address, family data, education, and experience.​
• Business Information: Give the location, type of business, the business start date, any contact person, and the contact person’s email address as well as the registration status, etc.​
• Financial Details: Specify the amount of your business sales and the income, the number of employees, the value of salaries, power bills, and other expenses.​
• Amount of Loan: Choose the amount of money you need to borrow, which can vary between PKR 100,000 and PKR 1,000,000, conditional on your business requirements.​
• Document Attachment: Keep files of the front and back of your CNIC and, if possible, show a copy of your bank account statement of 1-2 years indicating the business activity.​

Step 5: Submit Your Application and Fee

• Review Information: Recheck all entered details for their accuracy.​
• Processing Fee: Make sure you follow all the requirements and pay a nonrefundable processing fee of PKR 500.​
• Submit Application: Press the “Submit” button, and you will be able to submit.​

Step 6: Wait For Verification Process

• Digital Verification: The authorities will verify your data by comparing it with the official records.​
• Credit Assessment: The banks will carry out a credit assessment and then give you the go-ahead based on the result.​
• Physical Verification: A tour of the business (client’s premises) or the proposed location to confirm the business details.​

Step 7: Receive Your Asaan Karobar Card

• Notification: An SMS or an email will be sent to you to notify you of your successful application.​
• Card Collection: The information about where and when you can take or receive your Asaan Karobar Card will come.​
• Loan Utilization: With the card, you can draw from the interest-free loan that has been sanctioned for your business activities.​

Punjab’s CM Punjab Asaan Karobar Card Scheme helps new businesses. Entrepreneurs can learn rules, easily apply for cards, and start fresh projects. Good business cards lead to local economic growth.