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    MSME Schemes

    2. MSME Schemes
    1. PSB Krishak Mitra
     
    Purpose WC for maintaining stocks of Agri inputs like Seeds, fertilizers, pesticides, Cattle Feed / Poultry Feed / Dairy Feed
    Eligible Commission Agents (Arthias) / Dealers / Distributor / Stockist for distribution
    Extent of Limit Rs.5lakh to 200Lakh through WC/ODP
    Margin for WC - Stock 25%, against bookdebt 35%, for ODP – 35%
    Processing Fee @ 0.50% with minimum of Rs. 500/- with no upper cap. Levied at the time of sanction/renewal every year
    ROI Click Here
    Repayment WC – on demand or Operative limit for 12 months, subject to annual renewal
    Security / Guarantee Suitable Collateral Security & Suitable guarantee of third party/((ies) be taken.
     
    2. PSB Pradhan Mantri Mudra Yojana
     
    Particulars Description
    Purpose Pradhan Mantri Mudra Yojana is a Government of India scheme, which enables a small borrower to borrow from banks, MFIs, NBFCs for loans up to ₹20 lakh for non-farm income-generating activities. PMMY Scheme provides Working Capital/Term Loan facility to micro units from the Banking flexible manner.
    Eligible Borrowers Micro enterprises, including micro enterprises set up under joint liability group framework and Self Help Groups (SHGs) engaged in manufacturing, trading, services sector and activities allied to agriculture:
    • Whose credit needs are up to ₹10 lakh are eligible for finance under PMMY.
    • Covering loans above ₹10 lakh and up to ₹20 lakh under “Tarun Plus” (For those entrepreneurs who have availed and successfully repaid previous loan under ‘Tarun’ category).
    • The overdraft amount of ₹10,000 sanctioned under PMJDY.
    • Self Help Groups (SHGs) up to ₹20 lakh would also be eligible for coverage under CGFMU.
    Quantum of Loan
    • Shishu: Covering loans up to ₹50,000/-
    • Kishore: Covering loans above ₹50,000/- and up to ₹5 lakh.
    • Tarun: Covering loans above ₹5 lakh and up to ₹10 lakh.
    • Tarun Plus: Covering loans above ₹10 lakh and up to ₹20 lakh for those entrepreneurs who have availed and successfully repaid a previous loan under ‘Tarun’ category.
    Maximum Period allowed
    • Working Capital: One Year repayable on demand.
    • Term Loan: Maximum repayment period up to 7 years.
    Security
    • Primary Security: The assets created out of the credit facility so extended and/or existing unencumbered assets which are directly associated with the project or business for which the credit facility has been extended.
    • Collateral Security: The security norms as per Bank norms, where the facilities are not covered under CGFMU.
    Margin
    • For Shishu category (loans up to ₹50,000/-): 10%.
    • For Kishore, Tarun, and Tarun Plus: Minimum 25% margin as per Bank norms.
    Rate of Interest ROI as prescribed in HO RMD Circular No. 1079/2024-25 dated 29-03-2025 and subsequent amendments from time to time.
     
    3. Stand up India Scheme
     
    Eligibility Any Individual (SC/ST or Women) or Enterprise (shareholding 51% to SC/ST or Women) for setting up a Greenfield enterprise and activies allied to agriculture. This enterprise may be in manufacturing, services or trading sector
    Quantum of Finance Composite loan (TL + WC) from Rs.10 Lakh to Rs.100 Lakh
    Margin Minimum 10%
    ROI Click Here
    Repayment Max. 7 year with max. 18-month moratorium
    Security / Guarantee To be covered under Credit Guarantee Scheme for Stand Up India (CGSSI) or Collateral security as per Bank norms
     
    4. PSB-MSME STANDBY LINE OF CREDIT (PSB SLC)
     
    Borrower Individual(s) / Sole Proprietorship / Partnership firm/ HUF/ Joint Stock Company or any other entity engaged in activities covered under MSME.
    Purpose To meet the temporary liquidity mismatch.
     
    • Existing customers, having working capital Limit up to Rs.5 Crore only
    • Account to be standard.
    • SMA-0 and SMA-1accounts are also eligible under the scheme.

    The customers having availed fund based working capital facility from our Bank are only eligible under this scheme.
    Quantum of Finance Max. up to 25% of the existing working capital limit (FBWC+NFBWC) up to Max of Rs.1.25 Crore
    Margin NIL
    ROI 0.50% above the rate of interest applicable to existing working capital limit.
    Repayment maximum of 12 Months
    Processing Fees NIL on the proposed limit
     
    5. PSB PMEGP Scheme
     
    Eligibility
    • Any individual, above 18 years of age
    • For setting up of project costing above Rs.10 lakh in the manufacturing sector and above Rs. 5 lakh in the business /service sector, the beneficiaries should possess at least VIII standard pass educational qualification.
    • Self Help Groups
    • Existing Units (Under PMRY, REGP or any other scheme of Government of India or State Government) and the units that have already availed Government Subsidy under any other scheme of Government of India or state Government are not eligible.
    Object To generate employment opportunities in rural as well as urban areas of the country through setting up of new self-employment ventures/projects/micro enterprises.
    Quantum of Finance
    • The maximum cost of the project/unit admissible under manufacturing sector is Rs. 50 lakh.
    • The maximum cost of the project/unit admissible under business/service sector is Rs. 20 lakh.
    Margin General Category – upto 10%, Special Category – upto 05%
    ROI As per extant Bank guidelines based on the purpose of advance.
    Repayment <3 to 7 years
    Security No collateral security will be insisted upon by Banks in line with the guidelines of RBI for projects involving loan upto Rs.10 lakh
    Subsidy General Category – upto 25%, Special Category – upto 35%
    Apply online https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp
     
    6. PSB Commercial Vehicle
     
    Purpose For purchase of New Commercial Vehicles like, Buses, Trucks, Tankers, Tempos, Taxi, Four/ Three wheelers, and any other vehicles of mass transportation subject to the condition that the vehicle is approved by the competent authority for commercial purposes.
    Eligibility

    Individuals, proprietorship/partnership firm/ Limited company, trust, society, associations owning and operating or proposing to own and operate transport vehicles for carrying passengers or goods on hire.

    The borrower (s) either hold the necessary driving license or engage driver (s) possessing valid license to operate the type of vehicle for which credit is sought.

    The borrower (s) should have been granted a permit by an appropriate authority to ply vehicle(s) for passengers or goods traffic for hire.
    Quantum of Finance

    80% of the cost of vehicle (pre-assembled/ cost of chassis/ cost of body/ cost of chassis & cost of body), onetime Registration Charges & Road Tax, and Insurance Charges.

    Maximum limit that can be sanctioned under the scheme is Rs 5.00 Crore.
    Margin

    20% margin on cost of vehicle (pre-assembled/ cost of chassis/ cost of body/ cost of chassis & cost of body), onetime Registration Charges & Road Tax, and Insurance Charges.

    The borrower should bring in the required margin money.
    DSCR Minimum Net DSCR (debt service coverage ratio) requirement shall be 1.25:1
    Rate of Interest Please click here For rate of interest
    Processing Fee 1.00% of the loan amount + GST (at the time of sanction only)
    Repayment of Loan

    Moratorium Period: Maximum 6 Months from the date of disbursement of loan.

    Loan to be repaid in Equated Monthly Instalments (EMIs) in Maximum 5 Years(exclusive of moratorium period, if any)
    Primary Security Hypothecation of the vehicle to be purchased.
    Collateral Security

    Loan amount up to Rs. 10 lakhs: Collateral Security is not required.

    Loan amount above Rs.10 lakhs upto Rs.25 lakhs:

    • Suitable collateral security to the extent of minimum 25% of the sanctioned amount. (Except for cases covered under CGTMSE)

     

    Loan amount above Rs.25.00 lakhs:

    • Suitable collateral security to the extent of minimum 50% of the sanctioned amount. (Except for cases covered under CGTMSE)

     
    Guarantee

    Guarantor should enjoy good reputation in the market/field along with networth of atleast 200% of loan amount.

    • Third party guarantee / guarantee of earning family member for loans up-to Rs.10 lakhs, if not covered under CGTMSE
    • For cases above Rs.10 lakhs Guarantee may be waived in the cases covered under CGTMSE or where collateral is offered.
    • Guarantee of the property owner (if other than borrower) must be obtained in all the cases where collateral is offered.
    Prepayment Charges The borrower may opt to prepay / adjust the loan from his own verifiable legitimate sources or genuine sale without attracting any penalty, except take-over of the loan by other bank/ FI/ NBFC, which would attract prepayment @1% of the balance loan amount.
    Penal Interest @ 2% over and above the contracted rate shall be charged for any default in repayment on loan installment as per fixed repayment schedule.
     
    7. PSB Doctors Special
     
    Purpose To finance qualified medical practitioner
    • For buying equipments
    • Setting up/ acquiring/ construction/ Expansion/ renovation of clinics, Hospitals/ Pathological/ Clinical Labs, Diagnostic Centers/ Physiotherapy centers, Nursing Homes, etc. including furniture fixture.
    • Expansion/renovation/ modernization of existing premises.
    		 Purchase of Vehicle/ ambulances/ lifesaver ambulances etc may be provided under Vehicle loan facility separately under the same scheme.
    Eligibility
    • 1. Medical Practitioners registered with statutory bodies like, MCI, DCI, CCIM, CCH etc. and having minimum qualification MBBS/BDS/BPT/ BAMS or equivalent professional degree.
    • 2. Age Group : 25 - 65 years.
    • 3. Minimum 3 years experience.
    • 4. Must be tax assesse for last 2 years.
    Quantum of Loan Minimum: Rs 5 Lakhs,
    Maximum: Rs 5 Crores

    Working capital facility be restricted to maximum of Rs.20 Lakh.
    Margin Term Loan:
    (i) 25% for purchase of equipment/machinery/vehicles

     


    (ii) 35% for acquisition of premises/expansion/renovation/modernization

     

     
    Working Capital:

    (i)25% on stocks

     

    (ii)40% on book debts

     
    Commercial Vehicle

    15% of on-road price inclusive of one time road tax, registration & insurance

     
    Security Hypothecation of assets to be purchased/acquired with the help of Bank’s finance.
    Mortgage of business premises if financed by the Bank. <

    Hypothecation of Stocks/book debts
    Collateral Security 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
    Rate of Interest Click here
    Concession for Women/ST/SC Doctors ROl concession of 0.20 % may be applicable for Women/ST/SC applicants where:

     


    (i) Doctor is sole applicant.

     

    (ii)In case of partnership firm/LLP/companies/Trusts, minimum 51% of shareholding/stake is held by the Women/ST/SC doctor(s).

     
    Guarantee No guarantee required, if covered under CGTMSE. In other cases, guarantee of Spouse/major children/partners/directors/trustees/suitable third party be invariable obtained.

    Personal guarantee of partners/directors should be invariably taken in all cases irrespective of coverage under credit guarantee scheme.

    If the owner of the mortgaged property is other than borrower, the guarantee of the property owner must be obtained.
    Processing Fee
    • Loan upto Rs.50 lakhs: 0.25% of loan amount +GST
    • Loan above Rs.50 lakhs and upto Rs. 500 lakhs: 0.50% of loan amount +GST Loan above Rs.50 lakhs and upto Rs. 500 lakhs: 0.50% of loan amount +GST
    		 Applicability
    • Term Loan: One Time upfront charges at the time of sanction only.
    • Working capital facility: Upfront at the time of sanction and on annual renewal.
    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.
    Additional Benefits: Locker Rent Concession: 50% concession on locker rent for self and spouse for first two years, who avail loan under this scheme.
     
    8. PSB Mortgage
     
    Purpose 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
    • Business Concerns (MSME) & Salaried Individuals who are income tax assesses;
    • Partnership firms, Proprietary firms, Companies (Pvt./Public Ltd.), HUFs, Trusts, Societies, NRIs (subject to compliance of guidelines of Bank & RBI)
    • Age limit: Min 18 yrs, Max 65 yrs and owning residential/ commercial property.
    • Credit facility against agricultural property is strictly not permitted. Credit facility shall not be permitted against security of immovable property wherein Educational/ Religious Institutions are located. Vacant land may preferably be not taken as security under the scheme.
    • In case of Firms/Companies & Trusts, credit facility may be considered against the property owned by Partner/Director/Trustee
    • The property of following close relatives may be considered subject to becoming of their co-borrower in the facility
    Spouse Father Mother Son Son’s Wife
    Daughter Daughter’s Husband Brother Brother’s Wife Sister
    Sister’s Husband Spouse’s Brother Spouse’s Sister Spouse’s Mother Spouse’s Father
    Quantum of Finance Minimum:

    For MSME: Above Rs. 10 lakh

    Non MSME: Rs.5 lakh

     

     

    Maximum:

    Rs.1000 lakh
    Quantum of Finance is subject to For salaried persons: Maximum 10 times of average net annual income based on salary slip (last 12 months)/ latest Form No.16 or ITR.

    For others: Maximum 10 times of average net annual income based on ITR for last 3 Financial Years.
    • MPBF is subject to maximum of 50% of realizable value of immovable property.
    • Security in the form of NSCs (Margin 25%) /Bank’s Own Deposits (Margin 10%) /LIC Policies (Margin 10%) may be taken to supplement the overall security requirements.
    • The income of the spouse / major sons may be added if he/she is a co-borrower.
    • In case of Firms/ Companies/ Trusts/ HUF, Partners/ Directors/ Trustees/ Co-parceners with regular & independent income may join as co-borrower to supplement repayment capacity.
    • Cash accruals/ Depreciation may also be added to income, in case of borrowers other than salaried class.
    Rate of Interest Click here
    Processing Charges:  Click here
     

     
    Repayment For Term Loan: Maximum 15 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.
    Guarantee Not Mandatory
    Concession in ROI for MSMEs Only
    • Concession of 0.25% in RoI for cases, where external credit rating is 1 to 4 by SMERA, ICRA, ONICRA or CRISIL
    • Concession of 0.25% in RoI if account is classified under Priority Sector Advances. 
     
     
    9. PSB SME Liquid Plus
     
    Purpose 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.
    • Udyam Registration is mandatory
    Quantum of Finance Minimum: Rs 10 lacs  Maximum Rs.500 lacs
    Quantum of Finance is subject to margin available
    • Need based credit facility with maximum of 75% of realizable value of immovable property.
    • The running account component is restricted to Rs 2 Cr within the overall limit, however term loan as single component can be considered upto Rs 5 Cr.
    • Margin: 25% of realizable value of immovable propertySecurity in the form of NSCs (Margin 25%) /Bank’s Own Deposits (Margin 10%) /LIC Policies (Margin 10%) may be taken to supplement the overall security requirements.
    Rate of Interest Click here
    Processing Charges:  Click here
      

     
    Repayment For Term Loan: Maximum upto 7 years.
    For Overdraft: Repayable on demand. Interest shall be recovered immediately when due.
    Guarantee Personal guarantee of owners of property, spouse/ major son of prop., directors/partners
     
    10. PSB Contractor Plus
     

    Purpose

    a) Working capital: Fund Based & NFB facilities limits to meet day to day requirement / materials / labour payment / statutory payments.

    b) Term Loan: For purchase of Plant & Machinery / Equipment / Transport Vehicles to be used for the execution of contract work.

    c) Bank Guarantee: For bidding of tenders, mobilization of advance money, performance of the contract, guarantee in favour of Central / State Govt & its various departments and reputed Pvt. / Ltd. companies, guarantee for release of retention money.

    Eligibility
    • MSME units engaged in the Contractor/ Subcontractor activity.
    • Sub-contractors executing work on behalf of main contractors are also eligible under this provided sub letting is through registered agreement and all required permission and licenses / registration are available.
    • Borrowers can be Individual(s) / Sole Proprietorship / Partnership firm/ HUF/Joint Venture/Joint Stock Company or any other entity engaged in this line of activity.

                 

    Nature of Credit facility

    Working Capital facility: Overdraft against property (ODP).

    Term Loan

    Non Fund:   Bank guarantee

    Quantum of Finance

    Minimum:              Rs 10.00 Lakh

    Maximum:             Rs 2000.00 Lakh

     

    80% of the realizable value of the property mortgaged

    Rate of Interest

    		 Click here

    Security

    Equitable mortgage of  immoveable property . 80% of the realizable value of the property mortgaged

    Repayment

    ODP                : On demand.

    Term Loan     : Repayment in maximum upto 10 years

    BG                   : Tenor of BG not to exceed 10 years.

    Processing charges:

    		 Click here
       

                     PSB Flexi Term Loan

    Type of facility

    PSB Flexi Term Loan is a pre approved term loan, bundled with PSB Contractor Plus, with an aim to provide term loan assistance to contractors in a smooth and hassle free manner.

     

    Eligibility
    • All MSME credit constituents having satisfactory credit history of minimum 1year with bank and having working capital facility backed by property as primary or collateral.
    • PSB flexi term loan will be sanctioned with working capital limit under PSB Contractor Plus of Rs.1.00 Crore and above.

     

    Purpose

    Term loan for purchase of machinery, equipment, commercial vehicles, furniture & fixture.

    Quantum of Finance

    Term loan of maximum 25% of the working capital limit.

     

    Margin

    25%

    Repayment Period

     5 years (60 EMI).

    Processing Charges

    One time charges of 1.00% at the time of disbursement.

    Rate of Interest

    One Year MCLR + 2.00%
     
    11. PSB GST EASE LOAN
     
    Purpose To provide hassle free credit to meet working capital requirements related to business activity or for expansion of business.
    Eligibility
    • Business entities which are individuals, firms, companies, Limited Liability Partnership, Co-operative Societies, dealing in those business activities, which are not prohibited by law.
    • GST registered units which have filed GST returns at least for the last six months.
    • New Customers with minimum business operation of 6 months and existing customers shall be brought under this scheme
    Nature of Loan Cash Credit
    Credit Limit
    Minimum Amt: Above Rs 10.00 Lakh
    Maximum Amt: Rs 1000.00 Lakh
    Margin NIL
    Collateral Security CGTMSE guarantee coverage of upto 50% under hybrid model or Minimum 100% Collateral security in the shape of SARFAESI enforceable immovable property or Bank approved liquid security.
    ROI Click here
    Repayment
    • One Year. However, limit to be renewed annually.
    • Processing charges: 50% concession on apllicable processing charges
    • Rate of interest: ROI as prescribed in HO RMD circular no 1079/2024-25 dated 29.03.2025 and subsequent amendments from time to time
     
    11. PSB PROFESSIONAL ASSIST
     
    Purpose To assist self-employed professional persons, firms, associations and joint ventures of such professional persons having professional degree/diploma/certification.
    Eligibility Professionals in any discipline viz. Engineers, Architects, Interior Designers, Fashion Designer, Photographers, Financial Consultants (CA/ICWA/CS/CFA), Advocates and specialized qualified service providers.
    Age of Borrower
    Minimum age – 21 years.
    Maximum age should not exceed 65 years at the time of maturity of loan.
    Nature & quantum of Loan
    Cash Credit/Overdraft: Limit up to Rs 100.00 Lakh
    Term Loan: Need based (Maximum Rs 200 Lakh)
    Maximum Cumulative Exposure: Rs. 200.00 Lakh
    Margin 25%
    Collateral Security Credit guarantee Scheme or 100% Collateral Security in the shape of immovable property/liquid security.
    ROI Click here
     
    12. PSB Scheme for Financing Start-Ups backed by Credit Guarantee Scheme for Startups (CGSS)
     
    Purpose
    • To finance eligible borrowers being Startups backed by the Credit Guarantee Scheme for Startups (CGSS) provided by National Credit Guarantee Trustee Company Limited (NCGTC).
    Target Group
    • Startup as recognized by DPIIT as per Gazette Notifications issued from time to time*
    Nature of Loan Fund-based and Non-fund based facilities
    Credit Limit Minimum: Rs 10 Lakhs
    Maximum: Rs 50.00 crore
    Margin Minimum 25%
    Collateral Security* To be covered under Credit Guarantee Scheme for Startups (CGSS) provided by National Credit Guarantee Trustee Company Limited (NCGTC).
    ROI
    Repayment Term loan: Repayable in 10 years
    Working Capital: One year, repayable on demand.
     
    13. PSB SCHEME FOR EQUIPMENT FINANCING
     

    Particulars  

    Description

    Purpose
    1. Purchase of new equipments, machines, moveable assets  for captive used or used as service provider are eligible for Finance. The major Categories of Equipment includes:- Earth moving Equipment, Construction Vehicles, Other Construction Equipment , Material Handling Equipment , Medical &  Laboratory Equipments
    2. Reimbursement for Equipment’s purchased in last 3 months may also be considered. This facility is only for Existing Borrowers with no delinquency beyond SMA-0 category in last 12 months.

    Eligible Borrowers

    Individual (Age –Min 21 Years & Max 70 Years at Expiry of Loan Tenure)

     

    Sole Proprietorship /LLP/Partnership firm/Companies /JV

     

    Note-Following entities not allowed as Borrowers:- Trust, associations, Societies, HUF, entity where HUF as proprietor/ partner are not eligible.

     

    Non Resident Nationals are not eligible under this scheme.

    Nature & Quantum of Loan

    Nature:-

    • Term Loan - Minimum Rs 10.00 lakhs and Maximum Rs 1000 lakh
    • Stand By Line of Credit for a maximum period of 12 months backed by  Term Loan, for borrowers having Internal Rating of PSB 1-4 only.
    • LC as sub limit of term loan in case of import of equipment.

    Maximum Period allowed  

    7 years (including 6 Months Moratorium)

    Margin

    For Purchase :- 20% on Cost of Equipment

     

    For Reimbursement:- 40% on Cost of Equipment

    Security

    Primary:- Hypo of assets created out of bank finance

    Collateral:- Security equivalent to loan amount/ CGTMSE (covered up to Rs.500 lac)
     
     
    14. PSB Vyapar Loan
     

    1

    Purpose

     

    a)for the working capital/any business purpose requirements of the business concern

     

    b)Purchase of built up unit/construction thereon/ construction on preowned site for own business purpose only.

    c) Purchase of exiting business units/takeover may also be considered only.

    d)Any other purpose whereby asset is created out of Bank’s finance for the purpose of running the business.

     

    2

    Eligibility Criteria
    •  Borrowers can be Individual(s) / Sole Proprietorship / Partnership firm/ HUF/ Joint Stock Company or any other entity engaged in trading/business activity.
    •  Newly Established Entity /Venture are also eligible for credit facilities under the scheme based on merits.
    •  Udyam registration is mandatory

    3.

    Type of facility:

    Overdraft-working capital OD, Drop line overdraft, Working Capital Term Loan, Term Loan.

    4.

    Quantum of Finance
    • Minimum: Above Rs. 10 lakh
    • Maximum Rs.1000 lakh

     

    5.

    Margin

    35% of realizable value of immovable property for construction/purchase of shop

    • Security in the form of NSCs (Margin 25%) /Bank’s Own Deposits (Margin 10%) /LIC Policies (Margin 10%) may be taken to supplement the overall security requirements.

     

    6.

    Guarantee

    In case the properties offered as security, personal guarantee of all such owners /co-owners.

    In case of sole proprietorship concerns guarantee of wife/major son(s) and in case of companies, guarantee of directors of the company to be taken. In case of Firm/ Companies, guarantee of Partners/ Directors is mandatory.

    7.

    Repayment: 

     

    For Term Loan: Repayable in maximum up to 10 years, including moratorium period of maximum of 12 months, subject to annual review.

    For Working Capital Term Loan: Repayable in maximum up to 5 years, subject to annual review.

    For Overdraft Facility: Repayable on demand. Credit facility is subject to annual review/renewal. Interest shall be recovered immediately when due.

    8.

    Prepayment Charges

    Nil.

    9.

    Processing fee

    For Term Loan/ Working Capital Term Loan:  @1% of the loan amount with Minimum of Rs.2000/-.

    For Overdraft Facility: Processing fee are to be levied at the time of fresh sanction, renewal/reviewal.

    Loan Amount Processing Charges (Rs)
    Above Rs.10.00 Lakh and upto Rs.5.00 Crore 0.60% + GST
    Above Rs.5.00 Crore an upto Rs.10.00 Crore 0.50% + GST

    10.

    Documentation charges

    Actual expenses with respect to charges for property legal opinion, index, valuation, mortgage fee and stamp papers etc.
     
    15. PSB LAKHPATI DIDI
     

    PURPOSE

    To provide financial assistance to enable the women members of Self-Help Group (SHG) to become Lakhpati Didi.

     

    TARGET GROUPS

    Women members of Self-Help Group (SHG)

     

    NATURE OF LOAN

    Term Loan & Working Capital

     

    CREDIT LIMIT

    Minimum: Rs.10000/-

    Maximum : Rs 500000/-

     

    MARGIN

    10%

    SECURITY

    Primary Security: created out of Bank finance (present and future).

      Collateral Security: covered under CGTMSE

     

    TENURE OF LOAN

    Maximum 60 Months

     

    ROI

    Repo %

    Markup %

    CRP%

    BSP%

    Effective EBLR %

    6.50

    1.95

    0.50

    4.05

    13.00

     

    Interest Subvention
    • Prompt repayment of credit shall be provided 2% interest Interest subvention will be provided on loans upto Rs 1.5 lakh per borrower only once and upto to a maximum duration of 3 years.
     
    16. PSB SCHEME FOR FINANCING MSMSE CLUSTERS IN PUNJAB REGION
     

    Particulars

    Description

    Eligibility
    • Scheme is applicable only in Jalandhar, Ludhiana ,Chandigarh (Punjab)
    • Individuals /Proprietorship/Partnership/Limited Liability  Partnership (LLP)/ Pvt Ltd Co/Public Ltd Co /Trust /Societies & Cooperative Societies (  registered & Incorporated  under applicable law) having valid Udyam Registration.

    Purpose

    Working Capital :- FB & NFB /Fund Based.

    Term Loan:- Purchase of Unit/Shop/Office/Godown, Plant & Machinery /Equipment

                       For Construction of buildings in the pre owned land, acquisition of

                       factory land and building as well as factory land with building under

                       construction

    Any other purpose whereby asset is created out of Bank’s Finance for

    the purpose of running the business. For Creation of Fixed Assets/P &

    M /Equipment

    Quantum of Loan

    Above 10 Lakh

    Maximum:- Need Based.

    Maximum Period allowed

    Term Loan :- Up to 10 years including moratorium period of 12 Months

    Working Capital:- Working Capital Limit (FB & NFB) including ODP limit for one year

    Working Capital Term Loan:- overall MPBF assessed for 5 Years

    Processing Charges 
    Loan Amount Processing Charges (Rs) +GST as applicable (At the time of sanction & renewal)
    Above Rs.10.00 Lakh -upto Rs.50.00 Lakh 0.50% with max of Rs 10000/-
    Above Rs.50.00 Lakh -upto Rs.5.00 Crore Rs 15000+GST
    Above Rs. 5.00 Crore Rs 25000+GST

    One time Composite charges

    One time composite Charges only ( No other charges which otherwise levied on ongoing basis)

    ROI

    		 Click Here

    Scheme Codes:-

    CLUTL –Term Loan

    CLUCC & CLUOD – Cash Credit & Overdraft
     
     
    17. PSB GO GREEN FINANCING SCHEME
     

    Particulars  

    Description

    Objective

    The primary objective of this scheme is to provide financial assistance at a concessional rate to units engaged in the nine sectors identified under RBI’s Green Deposit Framework. These sectors promote sustainable growth, environment- friendly practices, and contribute to the green economy in alignment with India’s climate goals.

    Purpose

    • Term Loan:

       
      • To start Greenfield Projects/ Purchase/ Construction / Renovation of Business Premises, Factory / Offices /Shop / Godown etc.
      • For construction of building in pre-owned land /acquisition of building/ acquisition of Plant & Machinery/Equipment/ Furniture & Fixtures.
      • Any other purpose whereby asset is created out of Bank’s finance for the purpose of running the business.
    • Cash credit/Overdraft limit to meet the working capital requirements
    • Non Fund based limit (Bank Guarantee & Letter of Credit)
    • Stand by Line of Credit: To meet the temporary liquidity mismatch

    Eligible Borrowers
    • Individuals/ Proprietorship / Partnership / Limited Liability Partnership (LLP) / Pvt. Ltd. Co. / Public Ltd. Co & any other legal entity having valid Udyam Registration are eligible. (Existing borrowers/New borrowers).
    • Trust / associations/ Societies, HUF/ HUF as proprietor / partner are not eligible

    Sector to be covered
    • Renewable Energy, Energy Efficiency, Clean Transportation, Climate Change Adaptation, Sustainable Water and Waste Management, Pollution Prevention and Control, Green Buildings, Sustainable Management of Living Natural Resources and Land Use and Terrestrial and Aquatic Biodiversity Conservation.

    Nature
    • Cash credit/Overdraft limit to meet the working capital requirements
    • Term Loan (For Creation of Fixed Assets/P&M/Equipment/ Etc.)
    • Non-fund (LC/BG)
    • Stand by Line of Credit: To meet the temporary liquidity mismatch

    Quantum of Loan
    • Minimum: Above ₹ 10.00 Lakh
    • Maximum: Need Based

    Maximum Period allowed  
    • Working Capital: One year, repayable on demand.
    • Term Loan: Up to 10 years including moratorium period of maximum of 12 months.

    ROI

    ROI as prescribed in HO RMD Circular No 1079/2024-25 dated 29.03.2025 and subsequent amendments from time to time

    Scheme Codes:-

    Term Loan: PGGTL

    Cash Credit: PGGCC

    Overdraft: PGGOD
     
    18. PSB MSE SCHEME FOR PROMOTION AND INVESTMENT IN CIRCULAR ECONOMY (MSE-SPICE)
     

    Particulars  

    Description

    Purpose

    The MSE-SPICE Scheme aims to encourage Micro & Small Enterprises (MSEs) to adopt Circular Economy practices, focusing on sectors like Plastic, Rubber, and Electronics Waste Management to comply with international environmental goals and improve operational efficiency which enables MSEs to comply with Extended Producers Responsibility (EPR) and waste Recycling targets set for Industries.

    SIDBI has been designated as the implementing agency of the scheme.

    Eligible Borrowers

    MSE units engaged in waste Recycling plants /Circular Economy Projects in the following sectors:

    Plastic, Rubber, Electronic waste, Municipal solid waste & Liquid waste, Compressed Biogas, Lithium –ion Batteries, End to Life Vehicles, Scrap metal-Ferrous and Non Ferrous, Solar Panels, Gypsum, toxic Hazardous industrial waste, used oil waste.

    Only Brownfield units are eligible to be covered under MSE-SPICE   scheme.

    Nature

    Term Loan

     

    Quantum of Loan

    Upto Rs 500.00 Lakhs

    Maximum Period allowed  

    Maximum repayment period upto 10 years

    Key Components of the scheme

    Capital subsidy upto Rs. 12.50 Lakhs

    ROI

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    Scheme Codes:-

    Term Loan –TLSPC
     
    19. PSB MSME Green Investment and Financing for Transformation Scheme (MSME-GIFT Scheme)
     

    Particulars  

    Description

    Purpose

    To provide support to the MSMEs in accessing institutional finance at a concessional rate for adopting clean / green technologies and help them to transform into green and sustainable business operations.

    SIDBI has been designated as the implementing agency of the scheme.

    Eligible Borrowers

    The firms engaged in following activities:-

    • Greenhouse gas Reduction [Carbon, Methane & Others)
    • Climate Change adaptation
    • Sustainable use and protection of water
    • Transition to a circular economy
    • Pollution Prevention and Control
    • Protection and restoration of biodiversity and the ecosystem.
    • Projects in pollution control, recycling & reuse, energy efficiency, climate change, natural resource efficiency, and environment management and Social (S) – working conditions, local communities, conflict, health and safety, employee relations, and diversity.

    Nature

    Term Loan

    Quantum of Loan

    Above Rs. 10.00 Lakhs upto Rs1000.00 Lakhs

    Maximum Period allowed  

    Up to 5 years including moratorium period of maximum of 12 months.

    Key Components and Size of the scheme
    1. Interest Subvention Component: 2% interest subvention per annum for a maximum of 5 years on term loans up to INR 2 crores
    2. Risk Sharing Facility: Partial Credit Guarantee of 75% of the loan up to INR 2 crores

    ROI

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    Scheme Codes:-

    Term Loan –TLGIF

     
     
    20. PSB SCHEME FOR FINANCING TO FOOD & AGRO BASED INDUSTRIES UNDER MSME CLUSTERS
     

    Particulars

    Description

    MSME Clusters  identified by the  Bank

     List of MSME Clusters identified by the Bank along with the respective regions/zones (ODOP) Annexure I and as per the list updated from time to time by Govt of India, Ministry of Food  & Processing. Web link :- https://www.mofpi.gov.in/pmfme/one-district-one-product

    Eligibility

     

    • Individuals/Proprietorship/Partnership/Limited Liability  Partnership (LLP)/ Pvt Ltd Co/Public Ltd Co /Trust /Societies & Cooperative Societies (  registered & Incorporated  under applicable law) having valid Udyam Registration.

     

    • New Customer as well as Existing Borrowers who are dealing with our Bank since 2 years or above are permitted to be switched over to this scheme subject to ensure compliance

     

    • Accounts which have been in SMA-1 & SMA-2 category in the past 12 months are not be considered.

    Purpose
    • Working Capital :- Support for Food & Agro Processing Units

     

    • Term Loan:- Purchase of Unit/Shop/Office/Godown, Plant & Machinery /Equipment, for Construction of buildings in the pre owned land, acquisition of factory land  and building as well as factory land with building under construction

        Any other purpose whereby asset is created out of Bank’s Finance for the

       purpose of running the business.

     

    • Non Fund Based Limit (LC /BG):- Bank Guarantee & Letter of credit.

    Quantum of Loan

    Above 10 Lakh Maximum:- Up to Rs 100.00 Crore (CC +TL + Non Fund) 

    Maximum Period allowed

    Cash Credit & Overdraft :- One Year(subject to annual renewal)

     

    Term Loan:- Up to 10 years including moratorium period of max 12 months.

    Processing Charges
    Loan Amount Processing Charges (Rs) +GST as applicable (At the time of sanction & renewal)
    Above Rs.10.00 Lakh -upto Rs.50.00 Lakh 0.50% with max of Rs 10000/-
    Above Rs.50.00 Lakh -upto Rs.5.00 Crore Rs 15000+GST
    Above Rs. 5.00 Crore Rs 25000+GST

    One time Composite charges

    One time composite Charges only ( No other charges which otherwise levied on ongoing basis)

    ROI

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    Scheme Codes:-

    ODPTL –Term Loan

    ODP CC & ODP OD – Cash Credit & Overdraft
     
    21. PSB SAMRADDH MAHILLA LOAN SCHEME
     

    Particulars  

    Description

    Objective of the Scheme

    This product is designed to support women entrepreneurs in turning their business dreams into reality. It is a holistic program designed to uplift women entrepreneurs through accessible finance, skill development and business growth opportunities, creating a one stop solution for women looking to start, scale or sustain their businesses.

    Purpose

    Facility under the scheme shall be provided for the following purposes for genuine business needs , not prohibited by the applicable law:

    • Term Loan: For capital expenditure purpose like construction, purchase of machinery, acquisition of other fixed assets and Built up unit purchase.
    • Cash credit/Overdraft limit: To meet the working capital requirements
    • Non Fund based limit (Bank Guarantee & Letter of Credit)
    • Stand by Line of Credit: To meet the temporary liquidity mismatch

    Eligible Borrowers

    All MSME units owned and managed by the Female Proprietor/Partner/director/ majority stakeholder (at least 51%) is eligible under the scheme.

    Nature
    • Cash credit/Overdraft limit: - to meet the working capital requirements
    • Term Loan (For Creation/ Construction of Fixed Assets/ P&M/ Equipment/Etc.)
    • Non-fund (LC/BG)

    Stand by Line of Credit: To meet the temporary liquidity mismatch

    Quantum of Loan

    Above Rs 2.00 Lakhs up to Rs 500.00 Lakhs

    Maximum Period allowed  

    Working Capital:- One Year repayable on demand.

    Term Loan:- Maximum Repayment period up to 10 years including moratorium period of maximum of 12 months.

    Processing Charges 

    As per Bank Extant Guidelines

    ROI

    ROI as prescribed in HO RMD Circular No 1079/2024-25 dated 29.03.2025 and subsequent amendments from time to time

    Scheme Codes:-

    Term Loan –PSMTL

    Cash Credit – PSMCC

    Overdraft-PSMOD
     
    22. PSB BUSINESS LOAN SCHEME FOR YOUNG INDIA
     

    Particulars  

    Description

    Objective of the Scheme:

    This product is designed to provide financial assistance to young entrepreneurs between the ages of 18-35 years. The product aims to support the growth and innovation of youth led businesses by offering flexible, accessible and competitive financing options.

    Purpose
    1. Term Loan for the following  purposes:

     

    • Purchase/ Construction / Renovation of Business Premises, Factory / Offices /Shop / Godown etc.
    • For construction of building(s) in the pre-owned land, acquisition of factory land and Building as well as factory land with building under construction
    • To start Greenfield Projects
    • For acquisition of fixed assets (Plant & Machinery, equipment, furniture & fixtures etc) for business activities.
    • Any other purpose whereby asset is created out of Bank’s finance for the purpose of running the business.

     

    1. Cash Credit/Overdraft limit:- to meet the working capital requirements.
    2. Stand By line of Credit :- To meet the temporary liquidity mismatch.
    3. Non Fund based limit (Bank Guarantee & Letter of Credit).

    Eligible Borrowers

    • Enterprises should be owned or managed by the young entrepreneurs between the ages of 18-35 years or cases where majority stakeholders (at least 51%) should be aged between 18-35 years.
    • Individuals/ Proprietorship / Partnership / Limited Liability Partnership (LLP) / Pvt. Ltd. Co. / Public Ltd. Co & any other legal entity having valid Udyam Registration are eligible

    Quantum of Loan

    Maximum upto Rs 500.00 Lakhs

    Maximum Period allowed  

    Working Capital:- One Year repayable on demand.

    Term Loan:- Up to 10 years including moratorium period of maximum of 12 months.

    ROI

    		 Click Here

    Scheme Codes:-

    Term Loan –PYITL

    Cash Credit – PYICC

    Overdraft-PYIOD
     
    23. PSB SMART SCOPE MSME Loans
     

    S.No

    PARAMETERS

    PARTICULARS
    •  

    Scheme

    PSB SMART SCOPE MSME Loans
    •  

    Purpose

    This product is designed based upon Digital footprints  of  information available from different sources. This will be a manual branch assisted credit programme for the MSMEs having credit requirement up to Rs.25.00 Lakh
    •  

    Eligibility
    • All Brown field units having vintage (Digital footprints) of 12 Months.
    • Individuals, Proprietorship, Partnership, LLP, Pvt Ltd Co.
    • All New to credit (NTC), Existing to Credit (ETC), New to Bank (NTB), Existing to Bank (ETB).
    • Udyam Registration Certificate or equivalent is mandatory.
    •  

    Nature of loan

    Cash Credit & Term loan
    •  

    Loan Amount

    Minimum: Above Rs. 50,000/-

    Maximum: Rs.25.00 Lakh
    •  

    Margin

    25% 
    •  

    Rate of Interest

    Please refer the Bank’s website for updated rate of Interest
    •  

    Tenure of Loan

    Term Loan – Repayable in 12 months to 84 months.

    Working Capital - Repayable in 12 months, subject to annual review 
    •  

    Indicative list of documents 
    • PAN/UIDAI (KYC)
    • Udyam Registration Number
    • Bank a/c statement for last 12 months
    • Income Tax Return,if available
    • GST Return, if available
    • Any other information relevant in assessing income/Business performance.
    pmjdy.gov.in
    swachhbharat.mygov.in
    digitalindia.gov.in
    mudra.org.in
    udyamimitra.in
    pmjdy.gov.in
    swachhbharat.mygov.in
    swachhbharat.mygov.in
    mudra.org.in
    udyamimitra.in
    india.gov.in

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