|
 |
PNB - Accelerating A New Momentum For The SSI Sector |
SSI Schemes
The spirit of Enterprise knows no boundaries, irrespective of the scale of operations. Realizing the significance that, SSI Sector contributes 40% of the gross turnover in Manufacturing Sector, gives employment to 283 lakh persons, produces 7500 products and contributes more than 35% of the country's exports, PNB has formulated a number of measures to provide a impetus for the growth of the SSI Sector.
Amount Of Loan
- Term Loan (Need based).
- Working Capital Loan liberally sanctioned at 20% of projected annual turnover basis.
- Composite Loan Limit has been raised to Rs. 100 Lakh (for Term Loan Working Capital).
Margin : Comfortable margin options available.
- Expedious sanction upto Rs.10.00 Lakh for borrowers having good track record, under Laghu Udyami Card and Rs. 2 lakh under PNB Artisans Credit Card Scheme.
- Simplified Loan Application Forms for convenience of borrowers.
- Loan Applications complete in all respects duly receipted & acknowledged.
- Speedy Processing within specified time norms.
| Upto Rs.2 Lakh |
2 weeks |
| Over Rs.2 Lakh and upto Rs.5 Lakh |
4 weeks |
| Over Rs.5 Lakh |
8 -9 weeks |
Rate Of Interest
- Advances upto Rs.50, 000 at BPLR* minus 2%.
- Advances above Rs.50,000 & upto Rs.2 Lakh at BPLR minus 1%.
- Advances Above Rs.2 Lakh & upto Rs.20 Lakh at BPLR.
- Advances Above Rs.20 Lakh - Linked with Credit Risk Rating.
- Interest Rebate of 0.50% and margin at 10%, irrespective of loan amount, available to women borrowers under Mahila Sashaktikaran Abhiyan.
(Term Premia of 0.50% is to be added for arriving at interest rate in respect of loans repayable in 3 years & above. *BPLR 11.50% p.a )
Collateral Security
- Advances upto Rs.5.00 Lakh without collateral security.
- Advances over Rs.5 Lakh and upto Rs.25 Lakh, based on good track record and financial position, no collateral insisted upon.
- Advances upto Rs.25 Lakh guaranteed under Credit Guarantee Fund Trust for Small Industries Scheme (for manufacturing SSI, service Industries & IT units) without collateral security.
SSI SCHEMES
Sarthak Udyami - Scheme for financing SSI
SME Sahayog Scheme
PNB Vikas Udyami - Scheme for Loans acquisition of ISO - 9000 Series Certification
PNB Pragati Udyami - Scheme for financing SSI related Services / Business Enterprises
PNB Artisan Credit Card - Scheme to provide hassle free financial support to Artisan
PNB Laghu Udyami Credit Card - A simplified Loan Delivery Mechanism
Loans for setting up Industrial Estates
PNB Kushal Udyami
Engraved Wall Signs: Design your own Custom Engraved Signs and Plastic Signs Online with our free online wizard. Browse our extensive array of Custom Engraved Plastic Signs including Braille signs, Engraved Tags and Plastic Signs.
|
|
|
