Starting a business can be challenging, especially when it comes to securing the funds. Aasan Karobar Card Online Apply introduced by the Chief Minister of Punjab, aims to support small and medium-sized enterprises (SMEs) by providing interest-free loans. This initiative is designed to empower entrepreneurs and boost the local economy. In this article, we will guide you through the process of applying for the Aasan Karobar Card online through BISP8171.
کاروبار شروع کرنا مشکل ہو سکتا ہے، خاص طور پر جب بات فنڈز کو محفوظ کرنے کی ہو۔ وزیراعلیٰ پنجاب کی جانب سے متعارف کرائے گئے آسان کاروبار کارڈ آن لائن اپلائی کا مقصد چھوٹے اور درمیانے درجے کے کاروباری اداروں (SMEs) کو بلا سود قرضے فراہم کر کے معاونت فراہم کرنا ہے۔ یہ اقدام کاروباری افراد کو بااختیار بنانے اور مقامی معیشت کو فروغ دینے کے لیے ڈیزائن کیا گیا ہے۔ اس آرٹیکل میں، ہم آپ کی BISP8171 کے ذریعے آسان کاروبار کارڈ کے لیے آن لائن درخواست دینے کے عمل کے بارے میں رہنمائی کریں گے۔
What is the Aasan Karobar Card?
The Aasan Karobar Card is a digital SME card that offers interest-free loans of up to PKR 1 million. It is specifically designed to support small entrepreneurs in Punjab. The card can be used for various business-related expenses, including vendor and supplier payments, utility bills, government fees, and taxes. The loan is provided with a tenure of three years, and the repayment term is 24 equal monthly installments after the first year.
Eligibility Criteria
- Age: 21 to 57 years
- Pakistani national, resident in Punjab
- Valid CNIC and mobile number registered in your name
- Existing or prospective business located in Punjab
- Satisfactory credit and psychometric assessment
- Clean credit history with no overdue loans.
How to Aasan Karobar Card Online Apply?
- Visit the Official Website: Go to the official website of the Punjab Information Technology Board (PITB) at akc.punjab.gov.pk.
- Register an Account: If you don’t already have an account, you will need to register by providing your personal details, including your CNIC and mobile number.
- Fill Out the Application Form: You will need to provide information about your business, including its location, type, and financial details.
- Upload Required Documents: Upload scanned copies of the required documents, such as your CNIC, proof of business premises, and any other relevant documents.
- Pay the Processing Fee: A non-refundable processing fee of PKR 500 is required.
- Submit the Application: After completing the form and uploading the documents, submit your application.
You can also visit: BISP 8171 Online Apply Through Official Portal 2025
Digital Verification
Once your application is submitted, the PITB will conduct a digital verification of your CNIC, creditworthiness, and business premises. This process ensures that all applicants meet the eligibility criteria and that the funds are used for business-related purposes.
Loan Usage and Repayment
The Aasan Karobar Card provides a revolving credit facility for 12 months, with a grace period of three months from the card issuance for repayment commencement. The first 50% of the loan limit is available for use within the first six months. After three months, you will start paying monthly installments, with a minimum monthly payment of 5% of the outstanding loan balance (principal portion only). The remaining balance after the first year is repaid over two years in equal monthly installments (EMIs).
Key Features
Here are some key features of the Aasan Karobar Card Online Apply:
- Maximum Limit: PKR 1 million
- Tenure of Loan: 3 years
- Interest Rate: 0%
- Usage: Vendor and supplier payments, utility bills, government fees, taxes, and cash withdrawal (up to 25% of the limit) for miscellaneous business purposes
- Digital Transactions: Through POS and mobile app.
Additional Support
The Punjab Small Industries Corporation (PSIC) and the Bank of Punjab (BOP) provide additional support for applicants, including feasibility studies for startups and new businesses. You can access these resources on their respective websites by having Aasan Karobar Card Online Apply. For any queries or assistance, you can contact the helpline at 1786.
Conclusion
The Aasan Karobar Card is a valuable initiative for small entrepreneurs in Punjab, offering interest-free loans to support and grow their businesses. By following the steps outlined in this article, you can easily apply for the card online through BISP8171. This program not only provides financial assistance but also promotes digital transactions and transparency in business operations. Take advantage of this opportunity to empower your business and contribute to the local economy.
Frequently Asked Questions
What documents are required to apply for the Aasan Karobar Card?
Valid CNIC, Proof of business premises (e.g., rental agreement, utility bill) and Any other relevant documents that support your business application.
How long does the application process take?
The application process typically takes a few weeks. After submitting your application online, the Punjab Information Technology Board (PITB) will conduct a digital verification of your CNIC, creditworthiness, and business premises. You will receive updates on your application status via SMS on your registered mobile number.
Can I use the Aasan Karobar Card for personal expenses?
No, the Aasan Karobar Card is specifically designed for business-related expenses. You can use it for vendor and supplier payments, utility bills, government fees, taxes, and cash withdrawals (up to 25% of the limit) for miscellaneous business purposes.