LAHORE: Chief Minister of Punjab Maryam Nawaz has launched the CM Punjab Karobar Card 2025 to promote small and medium enterprises and startups in the province, here on Tuesday.
The scheme provides interest-free loans of up to Rs 1 million through a digital SME card. It supports small entrepreneurs in Punjab to grow and sustain their businesses, using digital channels (such as mobile app, POS, etc.) and ensuring transparent use of funds.
The government offers interest-free loans for a period of three years while the loan includes a revolving credit facility for 12 months.
The borrower will repay the loan in 24 equal monthly installments after the first year with a grace period of 3 months from the issuance of the card.
Here’s How to Use CM Punjab Karobar Card
Vendor and supplier payments
Utility bills, government fees, and taxes
Cash withdrawal (up to 25% of the limit) for miscellaneous business purposes
Digital transactions through POS and mobile app
End-User Interest Rate: 0%
Here’s Eligibility Criteria
All Small Entrepreneurs (SEs) in Punjab
Age: 21 to 57 years
Pakistani National, resident in Punjab
Valid CNIC and mobile number registered in the applicant’s name
Existing or prospective business located in Punjab
Satisfactory credit and psychometric assessment
Only one application per individual and business
Clean credit history with no overdue loans
Charges / Fees for Karobar Card 2025
Annual Card Fee: PKR 25,000 + FED to be recovered from obligor’s approved limit
Additional Charges: Life assurance, card issuance and delivery charges covered by the scheme
In case of late payment of installments, late Payment Charges would be recovered as per Bank’s Policy / Schedule of Charges
Where to Apply for CM Punjab Karobar Card?
Applications can be submitted digitally via PITB portal. There will be non-refundable processing fee of Rs500.
Digital verification of CNIC, creditworthiness and business premises conducted by authorized agencies.
