||Punjab National Bank
||PNB MAHILA UDYAMI
- 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.
- 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.
||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);
||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%