CM Punjab Maryam Nawaz Asaan Karobar Scheme, Check latest update inside

LAHORE: In a recent move, Punjab Chief Minister Maryam Nawaz Sharif reviewed the progress and development of the Asaan Karobar Card and Asaan Karobar Finance schemes.

In a meeting headed by the CM, Maryam Nawaz, she instructed the concerned members to make the Asaan Kabobar scheme easy and accessible for all eligible businessmen and entrepreneurs.

Additionally, she gave the order to grant loans per the needs of company finance. The Chief Minister gave the order to support entrepreneurs who have set up new company finance departments.

Moreover, CM Maryam Nawaz directed that all loan recipients provide comments. Additionally, Chief Minister Maryam Nawaz called loan recipients on the phone.

Here’s how to apply for the Asaan Karobar Scheme

1. Create an account: Register through the Punjab Information Technology Board (PITB) portal using your CNIC-linked mobile number.
2. Fill out the application: Allocate at least 15 minutes to complete the form.
3. Pay the fee: Submit a non-refundable processing fee of Rs 5,000 for Tier 1 or Rs 10,000 for Tier 2.
4. Apply: Upload the required documents and submit the form.
5. Track status: Receive a registration number and SMS updates regarding your application status.

Eligibility criteria

Applicants must meet the following requirements:

• Be aged between 21 and 57 years.
• Have a valid CNIC and a registered mobile number.
• Own or plan a business located in Punjab.
• Be a tax filer with a clean credit history.
• Provide references and documentation related to business and residence.

Additionally, small businesses with annual sales of up to Rs150 million and medium-sized businesses with annual sales between Rs150 million and Rs800 million are eligible to apply.