NDTSEP Asaan Karobar Funding
NDTSEP Asaan Karobar Card
Government of Punjab - Official Program Document
Program Introduction
National Digital & Technical Skills Employability Program is proudly affiliated with the Chief Minister Punjab’s Asaan Karobar Funding Program to support its brilliant and hardworking students. Through this collaboration, National Digital & Technical Skills Employability Programgraduates who have successfully completed 100% of their course become eligible to apply for the National Digital & Technical Skills Employability Program Asaan Karobar Card. This initiative offers interest-free loans of up to Rs. 1 million to outstanding National Digital & Technical Skills Employability Program graduates and small entrepreneurs across Punjab through a digital SME card. The program aims to empower young professionals to start or expand their own businesses by providing zero-interest financing, flexible repayment options, and valuable support for sustainable business growth. This partnership reflects National Digital & Technical Skills Employability Program’s commitment to fostering entrepreneurship, innovation, and economic development among its talented students
Loan Details
- Maximum Loan: PKR 1,000,000
- Loan Tenure: 3 Years
- Loan Type: Revolving credit facility for 12 months
- Interest Rate: 0% (Zero Interest)
- Repayment: 24 equal monthly installments after first year
- Grace Period: 3 months from card issuance
Eligibility Requirements
- Age: 21 to 57 years
- Pakistani National residing in Punjab
- Valid CNIC and registered mobile number
- Must be enrolled in National Skills Development Program
- Course completion: Minimum 90% required
- Clean credit history with no overdue loans
- Satisfactory credit and psychometric assessment
- Only one application per individual and business
Loan Usage & Repayment
- First 50% available within first 6 months
- Second 50% released after satisfactory usage and PRA/FBR registration
- Monthly installments start after 3 months grace period
- Minimum 5% monthly payment of outstanding balance
- Remaining balance repaid over 2 years in EMIs
- Funds restricted to business purposes only
Usage Guidelines
- Utility bills, government fees, and taxes
- Cash withdrawal (up to 25% of limit)
- Digital transactions through POS and mobile app
- Business-related purposes only
- Non-essential transactions are blocked
Fees & Charges
- Annual Card Fee: PKR 25,000 + FED
- Processing Fee: Non-refundable PKR 500
- Life assurance included in scheme
- Card issuance and delivery charges covered
- Late payment charges as per bank policy
Security & Conditions
- Personal guarantee digitally signed by borrower
- Life assurance included in portfolio
- Registration with PRA/FBR mandatory within 6 months
- Urban Unit physical verification within 6 months
- Annual business premises verification
- One application per individual/business
Application Process
- Click Apply Now button to start
- Submit completed application form with accurate details
- Provide all required documents for verification
- Complete eligibility assessment
- Click submit button to finalize application
- Digital verification process
Additional Support
- Feasibility studies available on PSIC and BOP websites
- Support for startups and new businesses
- Helpline assistance available
- Digital platform for easy management