The Asaan Karobar Card Phase 2 has been officially launched by the Punjab government to support entrepreneurs, youth, and small businesses with interest-free loans and simplified financial access. This program builds on the success of Phase 1 and introduces improved features, a user-friendly login and registration process, and a dedicated helpline to assist applicants.
With billions allocated, the Asaan Karobar Card Phase 2 is set to benefit thousands of individuals by providing them with a government-backed financial tool to start or grow their businesses.
In this article, we’ll cover everything you need to know — from login and registration to eligibility, benefits, and helpline details.
What is Asaan Karobar Card Phase 2?
The Asaan Karobar Card Phase 2 is a financial inclusion initiative designed to empower people with 0% markup loans. Through this program, approved applicants are issued a special Karobar Card, which works like a credit facility but with no interest charges.
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Phase 1 supported thousands of startups and small businesses.
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Phase 2 expands the scope with larger budgets, better facilities, and wider eligibility.
The program ensures that individuals with great business ideas but limited financial resources can access the capital they need without relying on high-interest bank loans.
Objectives of the Program
The Punjab government launched the Asaan Karobar Card Phase 2 with multiple goals:
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Encourage entrepreneurship among youth and women.
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Provide easy access to finance with zero markup.
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Support small and medium-sized enterprises (SMEs).
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Create job opportunities through funded businesses.
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Digitize loan services with a transparent online registration system.
Key Features of Asaan Karobar Card Phase 2
The program offers attractive features that set it apart from traditional loan systems:
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Loan Amount: Rs. 100,000 – Rs. 1,000,000.
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Markup Rate: 0% (completely interest-free).
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Repayment Tenure: Up to 5 years with equal monthly installments.
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Application Process: 100% online through the official portal.
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Karobar Card Facility: Approved applicants receive a Karobar Card to access funds directly.
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Sectors Covered: Agriculture, IT, e-commerce, services, trade, and manufacturing.
Who Can Apply? (Eligibility Criteria)
The eligibility criteria for Asaan Karobar Card Phase 2 are:
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Age: 18–50 years.
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Residency: Must be a permanent resident of Punjab.
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Nationality: Must hold a valid Pakistani CNIC.
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Business Type: Both new startups and existing businesses are eligible.
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Special Quotas:
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30% reserved for women.
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Priority for differently-abled individuals.
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Reserved share for technical graduates and skilled youth.
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Documents Required for Registration
Before starting your registration, make sure you have:
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Valid CNIC copy.
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Recent passport-size photograph.
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Business plan/proposal.
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Proof of residence (utility bill, rent agreement).
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Bank account details.
Step-by-Step Guide: Asaan Karobar Card Phase 2 Registration
Here’s how you can register for the program online:
Step 1: Visit the Official Portal
Go to akf.punjab.gov.pk.
Step 2: Create an Account
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Click on Register.
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Enter CNIC and mobile number.
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Verify with OTP (One-Time Password).
Step 3: Fill Out the Registration Form
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Provide personal details (name, CNIC, address).
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Enter business details and required loan amount.
Step 4: Upload Documents
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Attach CNIC, business plan, proof of residence, and photo.
Step 5: Submit Application
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Review details and submit.
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Note your application tracking ID.
Step 6: Verification & Card Issuance
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Application is verified by authorities.
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Approved applicants are issued the Asaan Karobar Card for accessing funds.
How to Login for Asaan Karobar Card Phase 2
Once registered, you can log in anytime to track your application or manage your card:
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Visit akf.punjab.gov.pk.
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Click on Login.
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Enter CNIC and password.
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Access your dashboard for updates, loan status, and repayments.
Helpline for Asaan Karobar Card Phase 2
To assist applicants, the Punjab government has set up a dedicated helpline:
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Toll-Free Number: 0800-XXXX (official helpline to be announced).
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Email Support: support@akf.punjab.gov.pk
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Online Chat: Available on the portal for live assistance.
This helpline ensures that applicants facing issues with registration, login, or card usage get quick support.
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Benefits of Asaan Karobar Card Phase 2
The program offers numerous advantages:
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Easy Access to Funds: No need for lengthy bank procedures.
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Zero Interest Loans: 100% markup-free financing.
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Women Empowerment: Reserved quota encourages female entrepreneurship.
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Transparency: Digital registration and login system ensures fairness.
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Job Creation: Funded businesses help reduce unemployment.
Why Phase 2 is Better than Phase 1
Compared to Phase 1, the Asaan Karobar Card Phase 2 offers:
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Larger funding allocation.
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Simplified online registration.
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Faster loan disbursement via Karobar Card.
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Dedicated helpline for applicants.
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Wider industry coverage.
Government’s Vision Behind the Program
The Chief Minister of Punjab highlighted that this program is part of a larger economic vision:
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Building a self-reliant economy through entrepreneurship.
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Promoting SMEs as the backbone of Punjab’s economy.
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Providing opportunities for youth and women.
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Reducing dependency on traditional banking and high-interest loans.
Common Challenges Applicants Face
While the process is digital, some challenges exist:
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Uploading incomplete documents.
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Weak or unrealistic business plans.
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Difficulty understanding repayment terms.
Tip: Prepare a clear business proposal and double-check your documents before applying.
FAQs About Asaan Karobar Card Phase 2
Q1: What is the loan range under the card?
Rs. 100,000 to Rs. 1,000,000.
Q2: Is the loan interest-free?
Yes, it is 100% markup-free.
Q3: How do I get the card?
Approved applicants are issued the Karobar Card after verification.
Q4: Can women apply?
Yes, 30% quota is reserved for women.
Q5: How long is the repayment period?
Up to 5 years with monthly installments.
Q6: Where can I get help if I face issues?
Through the official helpline and support email.
Why You Should Apply for Phase 2
The Asaan Karobar Card Phase 2 is more than just a loan scheme — it’s a chance to secure financial freedom. By applying, you can:
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Start or expand your business.
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Get government-backed, interest-free financing.
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Enjoy transparency with digital login and registration.
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Access dedicated helpline support.
Conclusion
The Asaan Karobar Card Phase 2 – Login, Registration & Helpline is a groundbreaking initiative to uplift Punjab’s economy by empowering its people. With interest-free loans, a digital application system, and a dedicated helpline, the program ensures equal opportunities for youth, women, and small businesses.
👉 Don’t wait — visit akf.punjab.gov.pk today, register online, and get your Karobar Card to begin your entrepreneurial journey.
