The Punjab Government, under the leadership of Chief Minister Maryam Nawaz Sharif, has taken a monumental step to boost business activities and economic growth in the province. The “CM Punjab Asaan Karobar Finance Scheme” and “Asaan Karobar Card” were officially launched to empower small and medium-sized enterprises (SMEs), simplify business processes, and provide financial support to entrepreneurs. These schemes are designed to transform the economic landscape of Punjab and contribute to the prosperity of Pakistan.
Key Highlights of the Schemes
CM Punjab Asaan Karobar Finance Scheme
- Interest-Free Loans: Loans ranging from Rs. 10 lac to Rs. 3 crore will be provided on a 100% interest-free basis.
- Easy Installments: Flexible repayment plans tailored to business needs.
- Quick Disbursement: Loans will be disbursed promptly through the Bank of Punjab.
- No NOC or License Required: Entrepreneurs can start their businesses immediately without waiting for approvals.
Asaan Karobar Card
- Digital Convenience: A single-window solution for business registration, licensing, and tax payments.
- Access to Loans: Loans worth Rs. 5 lac to Rs. 10 lac will be provided through the card.
- Simplified Processes: Eliminates bureaucratic hurdles, making it easier to start and run a business.
How to Apply?
Online Application Process
- Visit the official websites:
- For Asaan Karobar Finance Scheme: akf.punjab.gov.pk
- For Asaan Karobar Card: akc.punjab.gov.pk
- Create an account using your CNIC and mobile number.
- Fill out the application form with your business and personal details.
- Upload the required documents (CNIC, business plan, etc.).
- Submit the form and note down your application reference number.
Helpline Assistance
For further assistance, a dedicated helpline has been activated:
- Helpline Number: 1786
- Email Support: info@akf.punjab.gov.pk (for AKF) | info@akc.punjab.gov.pk (for AKC)
Eligibility Criteria
CM Punjab Asaan Karobar Finance Scheme
- Registered SMEs with a valid business license.
- Startups with a viable business plan.
- Businesses looking to expand or upgrade their operations.
Asaan Karobar Card
- Small and medium-sized business owners.
- Traders and shopkeepers.
- Startups and entrepreneurs.
Required Documents
CM Punjab Asaan Karobar Finance Scheme
- Copy of CNIC.
- Business Registration Certificate.
- Business Plan (for startups).
- Financial Statements (for existing businesses).
Asaan Karobar Card
- Copy of CNIC.
- Proof of Business (e.g., shop lease, trade license).
- Recent Photograph.
Benefits of the Schemes
- Financial Support: Interest-free loans for business expansion and startups.
- Simplified Processes: Easy access to business registration, licensing, and tax payments.
- Economic Growth: Encourages entrepreneurship and industrialization.
- Job Creation: Supports SMEs, which are the backbone of the economy.
- Transparency: Real-time tracking of applications and transactions.
CM Punjab’s Vision
Chief Minister Maryam Nawaz Sharif emphasized that these schemes are a step towards revolutionizing Punjab’s economy. She stated:
- “Small and medium enterprises are the backbone of our economy. These schemes will change the destiny of Punjab and Pakistan.”
- “We are providing land at subsidized rates and free solar systems worth Rs. 50 lac to industries in export processing zones.”
- “These initiatives will pave the way for a prosperous Punjab and a stronger Pakistan.”
Success Stories
The Asaan Karobar Finance Scheme and Asaan Karobar Card have already started transforming lives:
- Ali, a Shopkeeper from Lahore: Received his Asaan Karobar Card and now manages all his business licenses and taxes online.
- Sana, a Startup Entrepreneur from Faisalabad: Secured an interest-free loan and expanded her boutique business.
- Ahmed, a Trader from Multan: Used the loan to upgrade his inventory and increase his sales by 50%.
Frequently Asked Questions (FAQs)
Q1: Is there any fee to apply for these schemes?
No, the application process is completely free.
Q2: How long does it take to process the application?
- Asaan Karobar Finance Scheme: Loan approvals are typically completed within 2-3 weeks.
- Asaan Karobar Card: Applications are processed within 7-10 working days.
Q3: Can I apply for both schemes?
Yes, you can apply for both schemes if you meet the eligibility criteria.
Q4: What if I don’t have internet access?
You can visit a Punjab Government Facilitation Center for offline assistance.
CM Punjab Asaan Karobar Finance Scheme and Asaan Karobar Card are more than just initiatives; they are tools to empower your business and drive economic growth. Apply today and take the first step towards a brighter future for your business and Punjab!
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Disclaimer: This webpage is for informational purposes only. For official details, please refer to the Punjab Government’s official websites or contact the helpline.
