PNB MAHILA UDYAMI

Bank	Punjab National Bank
Scheme	PNB MAHILA UDYAMI
Description	To empower and encourage women for income generation for activities either in manufacturing/ service/ trading/ small business etc. To finance for setting up new unit / enterprise or for expansion / modernization of existing Unit. For acquisition of fixed assets (Plant & Machinery, equipment, furniture & fixtures) To meet working capital needs for purchase of various products /equipments/tools etc. to meet their day to day requirements.
Eligibility	Any individual women/ women entrepreneur (s)/ Enterprise where women entrepreneurs hold not less than 50% of financial holding. However, preference will be given to women belonging to ST/SC/BPL Card Holders. Preference will be given to the categories of women entrepreneurs trained in R-SETIs/ Skill Development Institutions etc. any other training institute. Not a defaulter to any Bank / Financial Institution. Loan facility availed by the beneficiaries under Govt. sponsored scheme are not eligible under PNB MAHILA UDYAMI
Rate of Interest & Repayment	Repayment: Term Loan: 3 to 5 years with maximum moratorium period of 3- 6 months depending upon type of activity and income generation. Overdraft: The limit shall be sanctioned for a period of three years. However, the account will be reviewed on yearly basis and be renewed on every three years.
Collateral	Primary security: Personal security of the borrower / asset created by the bank finance. Collateral Security: NIL, to be covered under CGTMSE for eligible activities.
Composite /loan Limit	Amount of loan has been restricted upto Rs. 10,00,000/- only with purpose to finance for setting up new unit / enterprise or for expansion / modernization of existing unit; for acquisition of fixed assets (Plant & Machinery, equipment, furniture & fixtures);
Margin	Upto Rs. 2.00 Lakh: Nil Above Rs. 2.00 Lakh to Rs. 5.00 Lakh: 20% Above Rs. 5.00 Lakh to Rs. 10.00 Lakh: 25%
Detail Link	View Link

PNB MAHILA UDYAMI

Visitor Count