Bank | Punjab and Sind Bank |
Scheme | PSB Vyapar |
Description | For the working capital/any business purpose requirements of the business concern. And also, for the construction of shop in the pre-owned land or for purchase of ready built shop/ commercial space for business |
Eligibility |
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Rate of Interest & Repayment | Repayment: Term Loan:Repayable in maximum upto 10 years, including moratorium period of maximum of 12 M Working Capital Term Loan: Repayable in maximum upto 5 years, subject to annual review. Overdraft Facility: Repayable on demand. Interest shall be recovered immediately when due. |
Collateral | |
Composite /loan Limit | Minimum: Rs 5 lacs, Maximum: Rs 500 lacs. (For purchase/construction of shop maximum finance is Rs 200 lacs) (With deviations maximum finance can be upto Rs 1000 lacs) |
Margin | |
Detail Link | View Link |
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 |
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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 |
Bank | Punjab and Sind Bank |
Scheme | PSB Mortgage Loan |
Description | This is an all purpose credit facility i.e. to meet legitimate need based expenses viz- marriage /medical /educational expenses / repairs / renovation / extension to the residence / commercial property/ purchase of consumer durables or any unforeseen expenses, and also for investment in business, to meet credit needs of trade, commercial activities, other bona fide requirements of business/ profession |
Eligibility |
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Rate of Interest & Repayment | Repayment: For Term Loan: Maximum 10 years For Overdraft Facility: Repayable on demand. The limit once sanctioned will hold good for 3 years. The overdraft facility is not allowed for salaried class borrowers. |
Collateral | |
Composite /loan Limit | Minimum: Rs 5 lacs Maximum Rs.500 lacs, (With deviations maximum finance can be upto Rs 1000 lacs) |
Margin | |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | PSB Scheme for Working Capital requirement for Retail Traders |
Description | Working Capital requirement for Retail Traders |
Eligibility | |
Rate of Interest & Repayment | Upto Rs.30.0 lac - BPLR |
Collateral | |
Composite /loan Limit | Rural Areas - Max.Rs.10.00 lac Semi Urban/ Urban Max.Rs.20.00 lac Metropolitan - Maxm.Rs.30.00 lac |
Margin | |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | Scheme for finance to brick kiln owners |
Description | Term Loan and Working Capital for Existing / prospective Owners of Brick Kilns |
Eligibility | Individuals/ Proprietorship /partnership firms/ corporate |
Rate of Interest & Repayment | As applicable to MSE units |
Collateral |
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Composite /loan Limit | Depending upon project cost subject to max. Rs 50 lac |
Margin | |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | Udyogni Scheme for Women Entrepreneurs |
Description | To encourage the women entrepreneurs to avail the loans on liberal terms and exclusive catering of credit under Direct agriculture activities, Tiny SSI sector, Business enterprises, Retail traders, Professional and Self employed etc. |
Eligibility | Women enterprises consisting of all units managed by one or more women entrepreneurs in proprietary concern or in which she/they individually or jointly have a share capital of not less than 51% as partners/share holders /directors of private limited company/members of co-operative society. |
Rate of Interest & Repayment | As per rate applicable to MSME |
Collateral | |
Composite /loan Limit | Loan/limit would be assessed on case to case basis and depending upon the purpose of loanx |
Margin | upto Rs.25,000/- --- No margin |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | Doctor's Special |
Description | Setting up/ acquiring/ construction/ Expansion/ renovation of clinics, Hospitals/ Pathological/ Clinical Labs, Scan/ Diagnostic Centers/ Physiotherapy centers, Nursing Homes, Sanatorium etc. including furniture fixture and equipments and for purchase of vehicles, ambulances, computers etc. |
Eligibility | Medical Practitioners registered with statutory bodies like, MCI, DCI,CCIM, CCH etc. and having minimum qualification MBBS/BDS/BPT/BAMS or equivalent professional degree. |
Rate of Interest & Repayment | Rs. 5 Lakh to Rs. 2 Crore - 8.00% Above Rs. 02 Crore to Rs. 05 Crore – 8.50% Repayment: For Term Loan: Maximum 7 years including moratorium period of 2 years/construction period in case of new construction. For Working Capital: Repayable on demand. |
Collateral | Upto Rs 10 Lakhs: No third party guarantee/collateral security is required and the same shall be covered under CGTSME. Above Rs 10 Lakhs to Rs 200 Lakhs: Collateral Security by way of immovable property or liquid securities such as deposits,NSC,surrender value of LIC policies equivalent to 100% of the total exposure. Or else the loan may be covered under CGTMSE. Above Rs 200 Lakhs to Rs 500 Lakhs: Collateral Security by way of immovable property or liquid securities such as deposits,NSC,surrender value of LIC policies equivalent to 100% of the total exposure |
Composite /loan Limit | Minimum: Rs 5 Lakhs, Maximum: Rs 5 Crores |
Margin | 25% for purchase of equipment/machinery/vehicles 35% for acquisition of premises/expansion/renovation/modernization 25% on stocks 40% on book debts |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | PSB Scheme for Eating-Joints |
Description | Term Loan or overdraft |
Eligibility | Individuals/ partnership firms/ corporate |
Rate of Interest & Repayment | Rate of Interest As applicable to MSE units |
Collateral |
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Composite /loan Limit | · Term Loan: Depending upon project cost subject to a maximum of Rs.1 crore · OD : Rs 5 lac |
Margin | |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | Laghu Udhyami Credit Card (LUCC) Scheme |
Description | To meet the credit requirement of small business units, retail traders, artisans, village industries, small scale industrial units and tiny units, professionals and self employed persons, etc. |
Eligibility | All existing customers of the above categories who are dealing with the bank for the last 3 years satisfactorily and enjoying loan are eligible. |
Rate of Interest & Repayment | Rate of Interest As applicable to MSME. |
Collateral |
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Composite /loan Limit | |
Margin | 25% |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | Artisan Credit Card (ACC) Scheme |
Description | To provide adequate and timely assistance to artisans for their investments needs as well as working capital requirement. The scheme would be operative in rural and urban areas. |
Eligibility | All artisans engaged in production/manufacturing process and otherwise eligible for credit facilities under any of the existing bank schemes would be eligible. Preference would be given to artisans registered with Development Commissioner (Handicrafts) and thrust in financing would be on clusters of artisans who have joined to form Self Help Groups (SHGs). Beneficiaries of other Govt. sponsored loan schemes will not be eligible for coverage under ACC scheme. All existing artisans borrowers of the Bank enjoying credit facilities upto Rs.2 lakh and having satisfactory dealings with the Bank will be eligible. |
Rate of Interest & Repayment | Rate of interest PLR |
Collateral | Hypothecation of assets to be created with Bank finance. |
Composite /loan Limit | The credit limit would be fixed on assessment of working capital requirements as well as cost of tools and equipments needed for carrying out manufacturing activities. Working capital requirements would be assessed as per Nayak Committee recommendations. The maximum limit to be sanctioned under the scheme would be Rs.2 lakhs. The working capital limit would be as revolving cash credit to provide any number of drawals and repayments within the limit. However, a repayment schedule would be fixed for the portion of loan availed for the purchase of tools and equipments |
Margin | For credit up to Rs.25000/- no margin is required but for credit above Rs. 25000/- a margin of 25% would be kept |
Detail Link | View Link |
Bank | Punjab and Sind Bank |
Scheme | Multipurpose Business Loan (Mortgage) Scheme |
Description | Overdraft/Cash Credit / Term Loan / B.G. / L.C etc. |
Eligibility | Retail Traders / Wholesale Traders, Contractors, Professional, self employed and Small and Medium Business Enterprises (SSI/ SMEs) Manufacturing Concerns. |
Rate of Interest & Repayment | As per general advances rate of interest chart.
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Collateral | |
Composite /loan Limit | Maximum Rs.200 lac & Minimum of Rs.1 lac (GM (A), ZMs Delhi I, II & III authorized to sanction upto Max. Limit Rs 500 lac ) For newly established activity / ventures -- Rs.50 lac |
Margin | Funded facilities are to be allowed maximum upto 65% of the realizable value of immoveable property for fresh cases. In cases of renewal, where revaluation of property is not due, funded facilities can be continued maximum upto 75% of the realizable value of immoveable property. |
Detail Link | View Link |