Gov Pk Login for Akf Punjab
To encourage business and empower young people, Maryam Nawaz Sharif, the chief minister of Punjab, introduced the Asaan Karobar Card Loan Scheme. To assist in starting or expanding enterprises, the program provides interest-free loans between Rs. 100,000 and Rs. 1 million. Those young Punjabis who want to launch or grow their enterprises have a fantastic chance here. Follow these steps to learn about the loan program and register online.
Read more: Registration for the Negahban Program in 2025
What exactly is the Asaan Karobar Card?
The Punjab government created the Asaan Karobar Card to help small enterprises and young entrepreneurs by providing interest-free loans. This program seeks to remove financial obstacles for entrepreneurs who want to establish or develop their enterprises by providing a flexible payback structure for success in both new and current ventures.
Major Advantages:
Overview of Loans
The price range is between Rs. 100,000 and Rs. 1 million.
• The repayment duration is three years with a three-month grace period.
• There is no interest.
• Beneficial for company costs.
The requirements to be eligible for the Asaan Karobar Card
Procedure for Applying for an Asaan Karobar Card
• Age & Residence: Punjab, Pakistan; residents aged 21–57.
• Business Status: A Punjabi company that is either now operating or plans to do so, with no past-due debts and a spotless credit record.
• Personal Requirements: psychometric evaluation, registered mobile number, valid CNIC, and excellent credit history.
• Additional Requirements: Each person or company may only submit one application.
• Business Registration: Within six months of obtaining the card, register with the Federal Board of Revenue or the Punjab Revenue Authority.
How to Apply for the Asaan Karobar Card: A Comprehensive Guide
Procedure for Registering for an Asaan Karobar Card
• Go to https://akc.punjab.gov.pk, the official website for the Asaan Karobar Card.
• Provide your name, CNIC, address, and phone number when creating an account.
• Enter your chosen password and CNIC to log in.
• Enter your personal information, including your gender, number of dependents, work position, and educational attainment.
• Enter the business’s kind, address, contact details, and date of establishment.
• Choose between a loan sum of Rs. 100,000 and Rs. 1 million, as well as how to use the funds to expand your business.
• Upload the necessary files, including the directors’ and business partners’ CNICs as well as the front and rear CNICs.
• A non-refundable 500 rupee processing charge must be paid.
Use of Loans and Terms of Repayment
Utilization and Repayment Procedures for Loans
• Loan Usage: 50% of the loan is accessible for critical company requirements within the first six months.
• Remaining 50% released after responsible usage, regular repayments, and PRA/FBR registration.
• Terms of Repayment: Commence after a three-month grace period, with equal monthly installments spread over two years and a minimum monthly payment of 5%.
Important attributes and limitations
Features and Limitations of the Akf Punjab Gov Pk Login:
• The annual card fee is Rs. 25,000 plus FED, which is subtracted from the loan balance.
• Late Payment Fees: assessed in accordance with bank regulations.
• Security: Needs life insurance and a personal guarantee.
• Restrictions on Usage: Money for business-related purposes only, not for private spending.
Extra Assistance for Candidates
Business Resources of the Punjab Government:
• Offer consulting services for company registration and efficient fund usage;
• Provide access to feasibility studies for new and starting companies on the PSIC and BOP websites.
In conclusion
Young entrepreneurs and small company owners in Punjab have a fantastic chance with the Akf Punjab Gov Pk Login Loan Scheme. It provides a flexible payback schedule, 0% interest rates, and an uncomplicated registration process. Applicants can apply for the loan online at https://akc.punjab.gov.pk if the eligibility requirements are satisfied. The Asaan Karobar Card application promotes Punjab’s economic development and financial independence. Launch your company right now.
FAQs
The Asaan Karobar Card (AKC): What is it?
In order to assist young entrepreneurs and small firms in overcoming financial obstacles and expanding their enterprises, the Punjab government has introduced the Asaan Karobar Card, a lending program that offers interest-free loans ranging from Rs. 100,000 to Rs. 1 million.
What qualifications are necessary to be eligible for the AKC?
Application Requirements for the Punjab Card
• Candidates must be residents of Punjab between the ages of 21 and 57.
• There must be no past-due obligations or credit problems, and the business must be operating or planned.
• Personal requirements: a registered cellphone number, a valid CNIC, and a spotless credit history.
• A single application per individual or company.
• Within six months, FBR or PRA registration is required.
How can I get my hands on an Asaan Karobar Card?
How to Apply for a Loan:
• Go to https://akc.punjab.gov.pk, the official website.
• Create an account using your name, contact information, and CNIC.
• Provide your personal and business information on the application form.
• Decide on the loan amount and goal.
• Upload the necessary files.
• The processing cost is Rs. 500.
What conditions apply to the loan, and how is it repaid?
Use of Loans and Terms of Repayment
50% is made accessible for immediate business need, and the remaining 50% is given upon PRA/FBR registration and appropriate use.
• Equal monthly installments over a two-year term, after a three-month grace period.
• 5% of the loan balance is the minimum payment due each month.
What distinguishing characteristics and restrictions apply to the AKC Loan Scheme?
Overview of Loan Fees
• The yearly cost is Rs. 25,000 plus FED.
• Bank policy: late payment fees.
• Personal guarantees and life insurance are necessary for security.
• Money used only for business.