The Asaan Karobar Scheme, launched by Punjab Chief Minister Maryam Nawaz, is a revolutionary initiative aimed at boosting the economy by supporting small and medium businesses. This AKC Punjab Loan scheme offers interest-free loans, business-friendly policies, and even solar systems to help entrepreneurs grow their ventures.
Here’s how you can register for the scheme, along with detailed benefits and procedures.
Key Features of the PITB Asaan Karobar Finance Scheme
- Loan Amount: Interest-free loans ranging from Rs. 500,000 to Rs. 30 million.
- Easy Installments: Repayment plans designed to ease the financial burden.
- No Prior Requirements: No need for NOCs, licenses, or map approvals to qualify for loans.
- Land and Solar Systems: Subsidized land and free solar systems (worth Rs. 5 million) are available for businesses in export processing zones.
- Online Registration: The application process is fully online via official websites.
CM Punjab Loan Scheme Details
| Loan Type | Amount Range | Purpose |
|---|---|---|
| Asan Karobar Card | Rs. 500,000–1 million | Small business setup and expansion |
| Asan Karobar Finance Loan | Rs. 1 million–30 million | Medium to large-scale business financing |
AKC Asaan Loan Eligibility Criteria
You must have scanned copies or clear visible pictures of the following documents ready before you start your Asaan Business Loan application:
- Passport Size Picture / Selfies
- CNIC – Front Side
- CNIC – Back Side
Please ensure the following before starting your Asaan Karobar Loan application:
- A Mobile Number Registered with your CNIC.
- Names, copies of CNIC, and mobile numbers of two references (not blood relatives).
- You are an Active Tax Filer.
- Provide details of business income and expenses as applicable.
- A copy of the Rent Agreement/ Transfer Letter/ Registry for Business and Residence Addresses, whatever is applicable, is available.
- Ensure you meet the application criteria.
- You must have the Application Fee available.
- You must have the Details of Security to be offered for T2 Loans e.g. Property Transfer Letter / Register / Fard / Government Securities etc.
About the Application Submission:
- Please sign up to submit the application.
- You must have a mobile number registered in your name to start the application.
- This application will take at least 15 minutes to complete.
- You may complete the form in one go or save a draft for submission later on.
- Upload as much information as possible (e.g., Financial Statements, Business Feasibility, etc.).
- Processing on your application shall begin after submitting the complete form and Depositing the Fee.
- Application Submission Fees for Tier 1 is PKR 5,000 (Fees is Non-Refundable)
- Application Submission Fees for Tier 2 is PKR 10,000 (Fees is Non-Refundable)
- Once submitted, your application registration number will appear on the screen and via SMS.
- You will receive SMS updates or check the status on the website.
How Do You Register for the Asaan Karobar Scheme Online?
Follow these simple steps to apply for the Asan Karobar Scheme:
- Visit the Official Websites:
- akc.punjab.gov.pk
- Fill Out the Application Form:
- Provide basic details like name, CNIC, and contact information.
- Specify the type of loan and its purpose.
- Submit Necessary Documents:
- Ensure that your documents are complete (no need for NOCs or licenses).
- Helpline Support:
- For assistance, call the special helpline 1786 for guidance.
- Approval and Loan Disbursement:
- Approved applicants can receive their funds directly through the Bank of Punjab.
AKC Punjab gov pk login
For AKC Punjab Login 2 Important things are required:
- National CNIC No
- Login Password
Benefits of the Scheme
- Supports Entrepreneurs: Focus on small and medium businesses, the backbone of the economy.
- Quick Business Start: Apply today and start your business tomorrow.
- Interest-Free Financing: No additional burden of interest payments.
- Encourages Economic Growth: Helps reduce unemployment and improve economic stability.
What Is the Amount given for Asaan Karobar card?
Asaan Karobar card amount is up to Rs 10 lakh to Rs 3 crore which will provided ti you after registration.
Final Thoughts
The Asan Karobar Scheme is a game-changer for entrepreneurs in Punjab. With its interest-free loans, simplified application process, and added incentives like solar systems and subsidized land, it promises to boost small and medium businesses.
Take advantage of this opportunity and register today to secure funding for your business dreams. For more updates and information, visit the official websites or call 1786.