How to Check Asaan Karobar Card Loan Application Status 2025

The Asaan Karobar Finance Scheme is a groundbreaking initiative by the Punjab government, aimed at empowering Small and Medium Enterprises (SMEs) by providing interest-free loans ranging from Rs1 million to Rs30 million.If you’ve applied for this scheme, it’s essential to know how to track your loan application status. This article provides a comprehensive guide on checking your Asaan Karobar Card loan application status in 2025.

Application Process for Asaan Karobar Card Loan 

Before delving into the tracking process, here’s a brief overview of the application steps:

  1. Account Creation: Register through the Punjab Information Technology Board (PITB) portal using your CNIC-linked mobile number.
  2. Application Form: Complete the online application form, which takes approximately 15 minutes.
  3. Processing Fee: Pay a non-refundable processing fee of Rs5,000 for Tier 1 loans (Rs1 million to Rs5 million) or Rs10,000 for Tier 2 loans (Rs6 million to Rs30 million).
  4. Document Submission: Upload the required documents, including CNIC, tax filing proof, business financials, and property documents.
  5. Submission: Submit the application and await confirmation.

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Check Asaan Karobar Card Loan Application Status

After submitting your application, it’s natural to want updates on its progress. Here’s how you can monitor your Asaan Karobar Card loan application status:

1. Registration Confirmation

  • Upon successful submission, you will receive a registration number via SMS on your registered mobile number. This number is crucial for tracking purposes.

2. SMS Updates

The scheme’s administration provides regular updates through SMS. You’ll receive notifications at various stages of the application process, including:

  • Application Receipt: Confirmation that your application has been received.
  • Verification Status: Updates on the verification of your documents and information.
  • Approval Status: Notification regarding the approval or rejection of your loan application.

3. Online Portal Tracking

For real-time updates, you can log in to the PITB portal using your credentials:

  • Login: Access the portal with your CNIC-linked mobile number and password.
  • Dashboard: Navigate to your application dashboard to view the current status of your loan application.
  • Status Indicators: The dashboard will display indicators such as “Under Review,” “Approved,” or “Rejected,” along with any additional remarks.

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4. Helpline Support

If you encounter issues or require personalized assistance:

  • Contact Number: Reach out to the dedicated helpline at [insert helpline number].
  • Email Support: Alternatively, you can send an email to [insert support email address] with your registration number and query.

Understanding Application Status Indicators

StatusDescription
Under ReviewYour application is currently being evaluated by the authorities.
ApprovedCongratulations! Your loan application has been approved. Further instructions will follow.
RejectedUnfortunately, your application did not meet the required criteria. You may contact support for details.
PendingSome documents or information are missing. Check your email or SMS for specific requirements.

Tips for a Smooth Application Experience

To ensure a hassle-free process:

  • Accurate Information: Double-check all details before submission to avoid discrepancies.
  • Document Readiness: Ensure all required documents are clear and legible.
  • Timely Responses: Respond promptly to any queries or requests from the scheme’s administration.
  • Stay Informed: Regularly check your SMS and email for updates to stay abreast of any developments.

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Conclusion

The Asaan Karobar Finance Scheme offers a valuable opportunity for entrepreneurs in Punjab to expand their businesses without the burden of interest. By following the outlined steps, you can efficiently track your loan application status and stay informed throughout the process. Remember, accurate information and prompt responses are key to a successful application experience.

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