CM Punjab Karobar Card aims to provide small business owners in Punjab with interest-free loans of up to PKR 1 million with a view to growing their businesses through mobile applications and other digital platforms which assure the transparency of usage of funds.
Step by Step Guide to apply for the CM Punjab Karobar Card Scheme
The steps for applying to CM Punjab Karobar Card Scheme are as follows:
1. Visit PITB Portal:
Open the official Punjab Information Technology Board PITB portal and apply online.
2. Fill out the Application Form:
Complete an online form that must be submitted through the portal. Make sure you are filling the required fields.
3. Application Fee:
Pay a fee of PKR 500 that is non refundable using the mode of electronic payment available.
4. Upload Digital Documents:
Upload a scanned copy of your green CNIC and additional documents confirming that your business is being conducted in Punjab. Ensure that the telephone number used is yours.
5. Verification:
Upon submission the concerned officer will verify your CNIC and shall check electronically the creditworthiness and business premises.
6. Wait for Approval:
Once your application is approved, you will get directions regarding the receiving of your CM Punjab Karobar Card.
7. Complete Your Registration with PRA/FBR:
Once a CM Punjab Karobar card will be issued to you, register with PRA or FBR within six months in order to enjoy the complete loan.
This scheme allows online applications in order to assist small scale entrepreneurs in Punjab draw the interest free loan for the sustained growth of a business.
