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Punjab and Sind Bank

PSB SME Liquid Plus

Bank Punjab and Sind Bank
Scheme PSB SME Liquid Plus
Description To provide timely, hassle-free and adequate credit delivery to meet the liquidity mis-matches and expenses incurred on activities like R&D, Product Development, Marketing and Branding, stocking the seasonally available raw material etc.
Eligibility
  • Micro, Small & Medium Enterprises engaged in the manufacturing and services sector.
  • The existing MSMEs with good track record as well as new MSMEs having satisfactory Due Diligence Report.
  • The MSMEs may be an Individual, Proprietor, Partnership firm, Private/Public Limited Company, Co-operative Society.
Rate of Interest & Repayment Repayment:

For Term Loan: Maximum upto 7 years.
For Overdraft: Repayable on demand. Interest shall be recovered immediately when due.

Collateral
Composite /loan Limit Minimum: Rs 10 lacs  Maximum Rs.500 lacs
Margin
Detail Link View Link
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