• A- A A+
Toggle navigation

Priority Sector Schemes

1. Kisan Credit Card (KCC) Scheme
 
Purpose To provide credit support for cultivation of Crops/Post harvest expenses/Investment Credit Requirements
Eligible All farmers,JLG/SHG, can take the loan under the scheme
Credit Limit upto Rs.2 lakh per acre*
Margin NIL
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs.3lakh* & MCLR+2% above 3lakh to Rs.10Lakh
Online Apply https://punjabandsindbank.co.in/index.php?page_name=agriculture-loan-application&type=module.
 
2. Kisan Credit Card (KCC) Scheme: WC for Animal Husbandry and Fisheries
 
Purpose To meet short term credit requirements of farmers engaged in animal husbandry and fisheries activities
Eligible Farmers/ JLGs/SHGs engaged in Dairy, Poultry, Fisheries and other allied Activities
Credit Limit Need based.
Margin NIL
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs.2 lakh* & MCLR+2% above 2 lakh to Rs.10Lakh
Online Apply https://punjabandsindbank.co.in/index.php?page_name=agriculture-loan-application&type=module.
   
 
3. PSB Farm Mechanization for financing Tractor/Power tillers/ threshers/Reapers / bulldozers, JCBs, Well- Boring equipment/Combine Harvester & Any other implement
 
Purpose For purchase of Tractor, threshers, JCBs, Combine Harvester & Any other implements for use as farm machinery for own Farm Activity and/or Custom Hiring Service purpose.
Eligible Any individual or group of individuals, institution or organization doing farm activity.
Minimum Requirement For Power tillers/ threshers/Reapers min 2 Acre own Agri land, for tractor min 2.5 Acre & for combine harvester min 5 Acre Agri land
Margin New -15%, Old/Repair - 25%
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI MCLR + 1.75%PA
Repayment Upto 9 years
Online Apply https://punjabandsindbank.co.in/index.php?page_name=agriculture-loan-application&type=module.
 
4. PSB Scheme for Financing Two Wheeler/ Jeep/ Car/ SUV to Farmers
 
Purpose Loan for purchase of Two Wheeler/Jeep/Car/SUV to farmers .
Eligible Any individual or group of individuals, institution or organization which has sufficient and regular income either from own Farm Activity and/or Custom Hiring Service
Min. Requirement of Agri land 5 Acre
Margin Minimum of 15% irrespective of loan amount
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI Four Wheeler - MCLR + 0.25% PA, Two Wheeler – MCLR + 5%
Repayment Upto 5 years (monthly/Qtly/HY/Yearly)
 
5. PSB Kisan Suvidha Scheme (PSB KSS)
 
Purpose All agriculture related activities
Eligible All existing Kisan Credit Card (KCC) holder
Quantum of Finance @₹50,000/- per acre of owned land with maximum of ₹ 5 Lakh
Margin 15% to 25 % of the project cost
Charges & fee NIL upto limit Rs.3 lakh
ROI Loan upto 3lakh MCLR + 2.25%PA, above 3 lakh – MCLR +3%
Repayment Upto 5 years (monthly/Qtly/HY/Yearly)
 
6. PSB Scheme for Advance Dairy Farming
 
Purpose TL for equipments & infrastructure, WC for recurring expenditure
Eligible All farmers, who have min. 2 years’ experience & min. 3-acre Agri land
Quantum of Finance upto @₹60,000/- per cattle animals, min 10 & max 30 cattle*
Margin TL - 15%
Charges & fee Minimum
ROI MCLR + 1.50% Further, the rebate in Intt @0.50% on TL prompt payment
Repayment TL - upto 7 years incl. 6-month moratorium, WC – on demand
Security 100% of the loan amount(Agri or urban property)
 
7. PSB Scheme on Financing Food and Agro Processing Units
 
Purpose
  • To provide financial assistance for creation of processing and preservation capacities and modernization / expansion of existing food processing units.
  • To provide credit support for food & agro processing units.
Eligible Individuals / SHGs/ JLGs/ Proprietorship Firms/ Partnership / LLP / Pvt. Ltd. Co. / Public Ltd. Co/ Trust and Co-operative Societies registered under any law relating to co-operative societies/ FPOs and other legal entities etc.
Extent of Limit
  • Term Loan: Need Based
  • Working Capital Limit (Funded + Non-Funded): Need Based
  • Overdraft against Property (ODP): Maximum upto Rs 500 lacs*.
Margin 25% to 50%
Facilities
  • Term Loan
  • Working Capital Limit (Funded + Non Funded)
  • Overdraft against Property (ODP)
Charges & fee Upto 3lakh - NIL
ROI Link
Repayment Term Loan:Term Loan: Repayable in maximum 10 years, WC/OD – On demand
Security / Guarantee Suitable Collateral Security & Suitable guarantee of third party/((ies) be taken.
Activity covered All Activity as per Ministry of Food Processing Industries (MoFPI)

*Terms & conditions apply.

Current MCLR of Bank - "https://punjabandsindbank.co.in/content/loanint

 
8.PSB SCHEME FOR FINANCING POULTRY FARMING (PSB POULTRY)
 

*Terms & conditions apply.

Purpose To give special emphasis on meeting working capital and investment credit requirements of the farmers engaged in Poultry farming or intend to engage themselves in such an activity.
Eligible Farmers/JLGs/SHGs/FPOs/Co-operatives/Corporate Farmers etc.
Extent of Limit
  • Working Capital: Based on Scale of finance by DLTC
  • Term Loan: Need based
Margin NIL upto limit Rs.1.60 Lakh*
Charges and Fee NIL upto limit Rs.3 lakh
Collateral Security Third party guarantee upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs. 2 lakh* & MCLR+2% above Rs. 2 lakh to Rs.10 lakh*
 
9.PSB SCHEME FOR FINANCING PIGGERY UNITS (PSB PIGGERY)
 

*Terms & conditions apply.

Purpose To give special emphasis on meeting working capital and investment credit requirements of the farmers engaged in Pig farming or intend to engage themselves in such an activity.
Eligible Farmers/JLGs/SHGs/FPOs/Co-operatives/Corporate Farmers etc.
Extent of Limit
  • Working Capital: Based on Scale of finance by DLTC
  • Term Loan: Need based
Margin NIL upto limit Rs.1.60 Lakh*
Charges and Fee NIL upto limit Rs.3 lakh
Collateral Security Third party guarantee upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs. 2 lakh* & MCLR+2% above Rs. 2 lakh to Rs.10 lakh*
 
10.PSB SCHEME FOR FINANCING APICULTURE (BEE KEEPING)
 

*Terms & conditions apply.

Purpose To give special emphasis on meeting working capital and investment credit requirements of the farmers engaged in apiculture (Bee keeping) or intend to engage themselves in such an activity.
Eligible Farmers/JLGs/SHGs/FPOs/Co-operatives/Corporate Farmers etc.
Extent of Limit
  • Working Capital: Based on Scale of finance by DLTC
  • Term Loan: Need based
Margin NIL upto limit Rs.1.60 Lakh*
Charges and Fee NIL upto limit Rs.3 lakh
Collateral Security Third party guarantee upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs. 2 lakh* & MCLR+2% above Rs. 2 lakh to Rs.10 lakh*
 
11.PSB SCHEME FOR FINANCING MINOR IRRIGATION
 

*Terms & conditions apply.

Purpose To meet the term loan requirement of the farmers associated with minor irrigation activities.
Target group Farmers/JLGs/SHGs/FPOs/Co-operatives/Corporate Farmers etc.
Extent of Limit Term Loan: Need based
Minimum land holding At least 1 acre of agricultural land*
Margin NIL upto limit Rs.1.60 Lakh*
Charges NIL upto limit Rs. 3 Lakh
Processing Fee NIL upto limit Rs.25,000/-
Collateral Security Third party guarantee upto limit Rs.1.60 Lakh*
ROI One Year MCLR + 1% upto limit Rs. 50,000/-* & One Year MCLR + 2% above Rs. 2 lakh to Rs.10 lakh*
 
12.PSB SCHEME FOR FINANCING SOLAR POWER PROJECTS UNDER PM KUSUM
 

*Terms & conditions apply.

Purpose To provide collateral free credit for the portion other than subsidy to the beneficiaries under PM KUSUM scheme.
Target group Farmers/JLGs/SHGs/FPOs/Co-operatives/Corporate Farmers/WUA etc. who are receiving financial assistance from the Central and State government under PM KUSUM Scheme.
Extent of Limit
  • North Eastern States, Sikkim, Jammu & Kashmir, Himachal Pradesh and Uttarakhand, Lakshadweep and A&N Islands: 10.00% of the total cost of the project. (CFA=50.00%, SFA=30.00%)
  • Other states and UTs: 30.00% of the total cost of the project. (CFA=30.00%, SFA=30.00%)
Margin 10.00% of the total cost of the project
Charges NIL upto limit Rs. 3 Lakh
Processing Fee NIL upto limit Rs.25,000/-
Security Hypothecation of the assets created out of bank finance.
ROI One Year MCLR + 1% upto limit Rs. 50,000/-* & One Year MCLR + 2% above Rs. 2 lakh to Rs.10 lakh*
 
13.PSB SCHEME FOR FINANCING STORAGE INFRASTRUCTURE
 

*Terms & conditions apply.

Purpose For meeting the term loan and working capital requirements of the Scientific Storage Facilities such as Godowns, Dry Warehouse, Cold Storage, Cold Chain, Silos and Market Yards
Eligible
  • Individual entrepreneurs and Proprietorship/ Partnership firms.
  • Self Help Groups (SHGs), Joint Liability Groups (JLGs), Farmer Producer Organisations (FPOs)/ (FPC) Companies.
  • Primary Agricultural Credit Societies (PACS), Marketing Cooperative Societies and Multi- Purpose Cooperative Societies.
  • Start- Ups and Central/State agency or local body sponsored Public Private Partnership Projects.
  • Corporate firms, LLP, Pvt. Ltd. Companies, Non-Government Organizations (NGOs), Section 8 Companies.
  • Micro Small and Medium Enterprises
  • Central/State agencies including State Government Departments and autonomous organization / State owned corporations such as Agricultural Produce Market Committees & Marketing Boards, State Warehousing Corporations, State Civil Supplies Corporations etc.
Nature & quantum of Loan
  • Term Loan:Need based
  • Working Capital Limit: Need Based
Margin Up to Rs. 10 Cr : 15%
Above Rs 10 Cr: 25 %
Collateral Security To be covered under CGTMSE/Other Credit guarantee Scheme or Collateral Security in the shape of immovable property/liquid security as per extant guidelines.
ROI EBLR based. Effective Rate of Interest - 8.70%*
Repayment
  • Term Loan:Maximum repayment period up to 10 Years including moratorium period of maximum of 12 months.
  • Working Capital Limit: 12 months, subject to annual review.
 
14.PSB e-PLEDGE LOAN (PSB ePL)
 
Purpose For financing against the pledge of e-NWR issued by repository/ies for stock / goods kept in WDRA accredited godowns.
Eligible
  • Farmers (including association of farmers like Primary Agri. Coop. societies, farmers' producer companies of individual farmers, partnership firms and co-operatives of farmers, directly engaged in Agriculture and Allied Activities)
  • Traders, Food and Agro-processing Units, Arthiyas (Commission Agent)
  • Exporters/ Importers who are original depositors covering only non–perishable agricultural commodities.
Nature of Loan Demand Loan & Cash Credit
Quantum of Loan
Farmers Minimum: Rs. 50,000
Maximum: Rs. 75 Lakh
For Others Minimum: Rs. 50,000
Maximum: Rs. 5 crore
Margin 25%
Collateral Security Not required
ROI EBLR based. Effective Rate of Interest - 8.40%*
Repayment Maximum 12 months

*Terms & conditions apply.

×

“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”

Accept

Decline