Assan Karobar Card
Under Maryam Nawaz’s leadership, Punjab’s Assan Karobar Card Scheme is a big step toward empowerment and economic progress. The program offers interest-free loans between Rs. 1 million and Rs. 30 million to young entrepreneurs and small enterprises in the province. They may now launch or grow their enterprises without worrying about money thanks to this. Additionally, the card provides easy business cards, which let young people get loans to help with unemployment and inflation. The program also offers information on vehicle registration, which makes it simple for young company owners to launch or grow their enterprises.
What is the Assan Karobar Card Scheme?
By offering interest-free loans to young business owners without needing a lot of paperwork, Punjab’s Chief Minister Maryam Nawaz’s Assan Karobar Card Scheme seeks to stimulate entrepreneurship and the province’s economy. By making financial resources easily accessible, the program hopes to help small enterprises and individuals expand and support regional development. It provides a platform for young people to launch or grow enterprises, improves economic stability, and supports the province’s industrial and export development.
Features of the Assan Karobar Card Scheme
Assan Karobar Card Benefits for Punjab’s Entrepreneurs
• Interest-Free Loans: offers loans from Rs. 1 million to Rs. 30 million without interest.
• Flexible Loan Repayment Plans: structured in easy installments for business growth.
• No NOC or Business License Required: Simplifies loan application process for new entrepreneurs.
• Incentives for Export Processing Zones: Free solar systems worth up to Rs. 5 million for businesses in export processing zones.
• Subsidized Land for Small Businesses: Offers affordable space for small businesses.
| Category | Details |
|---|---|
| Loan Amount | Rs. 1 million to Rs. 30 million (interest-free) |
| Eligibility | Age: 18-55 years; Punjab residents; no default history |
| Loan Purpose | Business setup, expansion, equipment, or operational costs |
| Key Benefits | No NOC/license needed; free solar systems (up to Rs. 5 million); subsidized land |
| Repayment Plan | Flexible installments |
| Application Process | Apply online via Punjab Government or Bank of Punjab’s official website |
| Bank Role | Loan distribution and applicant support |
| Contact | Helpline: 1786 |
How to Apply for the Assan Karobar Card in 2025
Assan Karobar Card Online Application Process
• Visit the official website of the Punjab Government or Bank of Punjab.
• Create an account by entering your CNIC number, contact information, and email address.
• Complete the Application Form with personal details, business information, and loan requirements.
• Submit the application after reviewing the details.
• Verify and approve the application by relevant authorities.
• Receive the Assan Karobar Card at the nearest Bank of Punjab branch.
• Use the card for business-related expenses after activation.
Eligibility Criteria for the Assan Karobar Card
Assan Karobar Card Eligibility Requirements
• Age: 18-55 years old.
• Citizenship: Only Pakistani citizens in Punjab.
• Business Type: New entrepreneurs or existing business owners.
• Credit History: Clean, no default history.
• Loan Purpose: Use for business purposes like equipment purchase, expansion, or operational cost covering.
Benefits of the Assan Karobar Card Scheme for Youth
The Assan Karobar Card is a scheme that empowers young entrepreneurs by providing financial resources to help them start and grow businesses. It supports the growth of small and medium enterprises (SMEs), leading to job creation and economic development in Punjab. The scheme also offers easy access to interest-free loans, which are crucial for businesses in their early stages. Unlike traditional loan schemes, there are no bureaucratic hurdles, such as NOCs, licenses, or map approvals, making the application process simple and stress-free. This is essential for young entrepreneurs starting their business journey and contributing to the local economy.
The Role of Bank of Punjab in the Loan Process
A major participant in the Assan Karobar Card Scheme, the Bank of Punjab supports companies, distributes loans in an equitable and efficient manner, and acts as a point of contact for applicants who need help or have problems throughout the loan application process.
Why is the Assan Karobar Card a Game-Changer?
By eliminating financial obstacles and administrative red tape, the Assan Karobar Card is a financial program designed to empower Punjab’s enterprises and youth. By empowering young entrepreneurs to launch and expand their enterprises, it seeks to promote a flourishing economy. The plan, which emphasizes SMEs and industrial expansion, is in line with Maryam Nawaz’s and the Punjab government’s goal. It is anticipated that interest-free loans, adjustable payback plans, and unique incentives would improve the business environment.
Conclusion
The Assan Karobar Card is a scheme that provides interest-free loans to young entrepreneurs in Punjab, enabling them to start and grow businesses. The program offers easy application processes and no bureaucratic barriers, making it an attractive opportunity for young entrepreneurs to make a mark in the business world. To apply, visit the official website or contact the helpline 1786.
