Mon. Feb 17th, 2025
CM Punjab Maryam Nawaz Sharif Launch Asaan Karobar Card Interest-Free Loan For All People

Maryam Nawaz Sharif Launch Asaan Karobar Card

Asaan Karobar Card: As you know, in the recent elections, Maryam Nawaz Sharif has been elected as the Chief Minister of Punjab and she had promised while taking oath that she would eradicate poverty from Pakistan forever and that she would bring such programs to help the people through which they can be helped and she has fulfilled her promise and has started many programs which are aimed at providing help to the poor and deserving people.

You Can Also Read: How To Apply For 1million Loan From Karobar Card

And especially to provide easy facilities to the residents living in Punjab, the Asan Karobar Card has been introduced to help them, which is aimed solely at helping the distressed people. If you want to know what is the Asan Punjab Karobar Card and how you can get help from it, then you have to read this article till the end to know because you have been given complete details regarding the This Card in simple words.

What Is The Asaan Punjab Karobar Card

This card has been introduced by Punjab Chief Minister Maryam Nawaz Sharif to help the people. It is very important for the people who get help from this program to first understand about the Punjab Karobar Card because most people do not know the benefits of this card and no one knows why this card has been introduced and how the residents of Punjab can get help from this card. So now you do not need to worry because in this article you will get answers to all your questions.

So let me tell you that they can do this card. This card has been introduced for small and big business people so that those who want to expand their business but do not have the expenses, for this reason the Punjab government has introduced this card which provides loans to business people and this loan is completely interest free and you can get it in easy installments.

Benefits Of The CM Punjab Karobar Card

The issuance of the Punjab Karobar Card by Maryam Nawaz Sharif for the people of Punjab is a good initiative, which proves that the Punjab government is trying to help the poor living in Punjab and is introducing such programs to help them out of poverty. Many people are being benefited by the Karobar Card. With the help of this card, a loan of up to 1 million is being provided to people starting a small business.

CM Punjab Maryam Nawaz Sharif Launch Asaan Karobar Card Interest-Free Loan For All People

Which you can get after following simple steps and remember that this card has been made only for the convenience of people living in Punjab and only people living in Punjab can benefit from it. Before getting help from this card, you have to register yourself in this program and only after that you can get this loan. The complete procedure for its registration will be told to you.

Key Features Of This Program

Here you are being provided with some important details regarding the business card launched by Punjab Chief Minister Maryam Nawaz Sharif and in addition, the features of this card are also being told.

  • The maximum loan limit for business development is up to Rs. 1 million.
  • This card provides 12 months of Revolving credit Facility to people living in Punjab.
  • The loan is repaid in 24 equal monthly installments after the first year of repayment period.
  • Businesses are also provided with a three-month grace period after obtaining the card.

Usage Funds Of Karobar Card

  • The funds on this card can be used towards vendors, suppliers, utility bills, taxes, programs, and even for business purposes up to 25% of the loan term.
  • With the help of this card, you can also make POS and digital transactions. For digital transactions, you have to use the mobile app.
  • By getting this card, you can get a loan of up to 1 million, with which you can start any business, and the loan period is up to 12 months.
  • Business people should also be provided with a grace period of up to three months on loans after obtaining the card.

You Can Also Read: Update Your Information And Get Biggest Loan

Eligibility Criteria For Getting Karobar Card

Not all people living in Punjab can get this card, who can benefit from it? Because before any person can get help by name, they have to fulfill its criteria and the requirements of this program. Similarly, some rules have been made by Maryam Nawaz Sharif for the Punjab Business Card. People who meet these criteria can get this card and get an interest-free loan. The criteria of this program are as follows:

  1. All small business owners in Punjab can join this program.
  2. The age limit for this card is also set at 21 to 57 years.
  3. And the applicant must be a resident of Punjab and have an original identity card.
  4. And his/her identity card must be verified by Nadra and a registered phone number is also required.
  5. The applicant must have a business in Punjab.
  6. And if you have previously taken out any loans, pay them off first.

How To Apply For CM Asaan Karobar Card

The registration of this program has been made very easy and simple so that no one has to go through any difficulties at the time of registration and they can easily apply for this card and be eligible to get a loan on easy installments. For its registration, proof is required that the applicant is a resident of Punjab and has an identity card. Then you can apply for this card by following these steps.

  1. To apply for this program, CM Punjab has introduced the PITB digital portal, through which you can submit your application online from home.
  2. And for registration, you have to enter the necessary information given in the portal, 
  3. in which you have to enter your name, parents’ names, husband’s name, date of birth and original identity card.
  4. Then you have to enter the expiration date and date of issue of the ID card, 
  5. write the mobile number and network code, and then enter the password and click on the register button.
  6. After writing the business details and contact details and the processing fee which is Rs. 500 and it will not be refunded to you, 
  7. your details will be passed through digital agencies for verification
  8.  and after verification of the application, your application will be processed and then the card will be issued to you.

Conclusion

The business card from Punjab Chief Minister Maryam Nawaz Sharif helps entrepreneurs living in Punjab to expand their businesses. If you are running a small business and you need money to expand this business, then you can get the help of this card. 

In addition, people who are looking for a business scale can also get an interest-free loan from this card, the limit of which is up to Rs 1 million. The complete procedure for obtaining this card has been told to you in this article. You can get this card by following this method.

By Asif

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