Chief Minister Punjab Maryam Nawaz Sharif has launched the Asaan Karobar Card (AKC Punjab) — a revolutionary, interest-free loan scheme for small and medium enterprises (SMEs) in Punjab. With this initiative, entrepreneurs can now access up to PKR 1 million in funding to grow their businesses, generate employment, and strengthen the provincial economy.
In this guide, you’ll find everything about the Maryam Nawaz Loan Scheme, including eligibility, benefits, application steps, and repayment policies.
✅ What is the Asaan Karobar Card?
The Asaan Karobar Card is a digital SME loan program designed specifically for entrepreneurs in Punjab. It offers revolving credit for working capital and business-related expenses, with 0% interest and flexible repayment options.
🌟 Key Benefits of the Maryam Nawaz Loan Scheme
| Feature | Details |
|---|---|
| Loan Amount | Up to PKR 1 million |
| Tenure | 3 years (with 12-month revolving credit) |
| Repayment | 24 equal monthly installments after Year 1 |
| Grace Period | 3 months from card issuance |
| Interest Rate | 0% (Interest-Free Loan) |
| Cash Withdrawal | Up to 25% of the loan limit |
| Usage | Vendor payments, utility bills, taxes, cash needs |
🧾 Eligibility Criteria for Asaan Karobar Card
To apply for this scheme, the applicant must:
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Be a Pakistani citizen (Age: 21–57 years).
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Have a valid CNIC and residency in Punjab.
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Own a proposed or running business within Punjab.
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Have no overdue loans or negative credit history.
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Pass credit and psychometric assessments.
📌 Note: Only one application per person/business is allowed.
📝 How to Apply for Maryam Nawaz Asaan Karobar Card Loan
Follow these steps to apply online for the AKC Punjab loan:
🔹 Step 1: Register on the Official Portal
Visit: https://akc.punjab.gov.pk/login
Click on “Register Now” and provide:
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Registered mobile number
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Personal info (Name, CNIC, DOB)
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Strong password (capital letter, number & special character)
🔹 Step 2: Fill in the Application Form
After login, complete the following sections:
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Personal Info: Address, family, education, experience
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Business Details: Revenue, employees, expenses
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Loan Details: Loan amount (PKR 100,000 to 1,000,000)
🔹 Step 3: Upload Required Documents
Upload:
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Front and back copy of CNIC
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1–2 years of bank statements (optional but recommended)
🔹 Step 4: Pay the Application Fee
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Pay PKR 500 non-refundable processing fee
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Use PSID code generated from portal
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Payment via mobile banking, ATM, or bank (choose 1Bill option)
🔹 Step 5: Submit Application
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Carefully review all details
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Click “Submit” and save the registration number for tracking
🚫 If the submit button is disabled, your application has already been submitted.
💳 Loan Repayment and Usage Rules
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50% of loan released immediately (must be used within 6 months)
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Remaining 50% released after regular repayments & tax registration
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Repayment Schedule:
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3-month grace period (no payments)
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Afterward, 5% monthly principal repayment
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In Year 2–3: 24 equal installments
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💸 Charges & Fees
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Processing Fee: PKR 500 (non-refundable)
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Interest Rate: 0% — Absolutely interest-free
📞 Need Help?
For any queries, applicants can contact the official helpline or check updates via:
✅ Final Tips Before Applying
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Make sure your CNIC is valid and updated
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Provide accurate business details and bank statement
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Pay the processing fee promptly
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Avoid multiple applications — only one per person is allowed
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