The Asaan Karobar Scheme is a new step by the Punjab government to help small and medium businesses. This scheme was launched by Chief Minister Maryam Nawaz to give interest-free loans and other support to business owners. It helps people grow their businesses without extra financial pressure. The whole process is now online through the PITB portal, making it easy for everyone to apply. If you are starting a new business or want to expand an existing one, this scheme can help. In this article, we explain the process, benefits, and all you need to know to register successfully.
| Feature | Details |
| Loan Amount | Rs. 500,000 to Rs. 30 million |
| Loan Type | Tier 1 (small) and Tier 2 (medium) |
| Required Documents | CNIC, pictures, business info |
| Application Process | Online at akc.punjab.gov.pk |
Table of Content
Benefits of PITB Asaan Karobar Scheme
The Asaan Karobar Scheme brings many benefits for small and medium businesses. One of the biggest benefits is that the loan is interest-free. This means you only pay back the amount you borrowed, without any extra charges. Also, the process is very easy. You don’t need any NOCs, licenses, or map approvals. Businesses in special zones can even get land and solar systems. These extra benefits help lower the cost of doing business. With quick approval and online support, this scheme gives real help to new and growing entrepreneurs in Punjab.
Loan Details under PITB Asaan Karobar Scheme
This scheme offers two types of loans. The first one is for small business owners. They can apply for amounts between Rs. 500,000 to Rs. 1 million using the Asaan Karobar Card. The second type is for medium or larger businesses. These people can apply for Rs. 1 million up to Rs. 30 million. The goal is to help people start or expand their businesses easily. The repayment plans are flexible, so business owners don’t feel too much pressure. These loans can be used for equipment, shop rent, or setting up production.
Also Read: BISP 13500 Payment Notifications April 2025 Update – Check Payment Dates & Eligibility
Eligibility Criteria for Asaan Karobar Scheme
To apply for the scheme, you must follow a few basic rules. You should have a valid CNIC, passport-size photo, and a working mobile number registered under your name. You must also give information about two references (not blood relatives). You should be an active tax filer and must provide rent or property documents of your home or business location. Depending on the loan tier, you may need to give property papers as security. Also, there is a non-refundable application fee of Rs. 5,000 for Tier 1 and Rs. 10,000 for Tier 2 loans.
You need the following documents before applying:
- CNIC (Front and Back)
- Passport-size photo or selfie
- Business and income details
- CNICs and numbers of two references
How to Apply for PITB Asaan Karobar Loan Online
- Visit the official website: akc.punjab.gov.pk
- Create an account using your CNIC and mobile number
- Log in and fill out the application form with personal and business details
- Upload all required documents (like CNIC, photo, income info, etc.)
- You can complete the form in one go or save it as a draft to finish later
- Pay the application fee (Rs. 5,000 for Tier 1 or Rs. 10,000 for Tier 2)
- Receive your registration number and updates via SMS
- For help, call the helpline 1786
PITB Portal: Why It’s a Helpful Tool
The PITB online portal makes it easier for people to apply for business loans without leaving their homes. It saves time and helps avoid long visits to offices. You can apply, upload documents, and track your application online. The system is safe, fast, and easy to use. It gives updates through SMS and helps people stay informed. The portal also allows people to apply at their own pace and avoid missing any required steps. Overall, it brings modern solutions for business support in Punjab.
Also Read: How to Apply for AKC Registration 2025 – New Rules Explained
Conclusion
In this article, we are sharing all the details about the PITB registration for Asaan Karobar Scheme online, including the loan types, benefits, eligibility, and step-by-step application process. This scheme is a great opportunity for people in Punjab who want to start or grow a business. With interest-free loans, a user-friendly portal, and fast support, this program makes business funding easier than ever. If you are a young entrepreneur or a skilled worker with a business plan, apply today and make use of this helpful scheme.
FAQs
Can students apply for the Asaan Karobar Scheme?
Only adults with valid CNICs and business plans can apply. Students can apply if they meet all criteria and are tax filers.
Is it possible to apply for both loan tiers at once?
No, you must choose either Tier 1 or Tier 2 based on your business size and funding need.
What happens if my application is rejected?
If your application is rejected, you can apply again after fixing the issues or missing documents mentioned.
Can I edit my application after submitting it?
You can only edit your draft before final submission. Once submitted with the fee, changes are not allowed.