PNB Bank Loan Scheme: Often whenever we need more money at once, we take a loan from the bank. It is not possible for ordinary class families to have much money available at once. In such a situation, if they have to do any big work like buying a car or building their own house, then they do not have sufficient amount available.
In such a situation, middle class families consider it right to take a loan. But while taking a loan, you have to keep some things in mind that from which bank you are getting the loan at a lower interest rate, how much time is being given to you to repay the loan, what is the processing fee etc.
You can take loan from Rs 50000 to Rs 5 lakh from Punjab National Bank.
Today we are talking about Punjab National Bank Loan Scheme. If you have started a business and do not have sufficient funds to take it forward, you can apply for PNB Kishore Mudra Loan. This scheme is offered by Punjab National Bank under PM Mudra Loan Scheme. Its interest rates start from only 9.15% per annum. Under this loan scheme, you can take a loan ranging from Rs 50 thousand to Rs 5 lakh for business expansion. In such a situation, this is an effective plan to take your business forward.
The interest rate for the loan is only this much
If we talk about the interest rate of Punjab National Bank Mudra Loan Scheme, then the interest rate of this loan starts from only 9.15% per annum which can be maximum 12%. This loan is made available to the customers on the basis of their job profile and credit history and the interest rate is also applicable on this basis. The payment period of PNB Kishor Mudra Loan is maximum of 3 years, but according to some policies the applicant can get a relaxation of 2 years. Whereas if you take a loan up to Rs 10 lakh under Tarun Loan from this bank, then you get a repayment period of 7 years.
ग्रामीण बैंक लोन योजना लिंक
Qualification required to take loan
- An individual, private limited company, sole proprietorship or partnership firm will be eligible to apply for PNB Kishore Mudra Loan.
- The applicant should not be a defaulter in any bank or financial institution.
- The applicant can apply for PNB Kishor Mudra Loan Yojana for any business related to service, production or trading sectors.
- Agriculture related businesses like fish farming etc. are also covered under this loan.
- For PNB Kishore Mudra loan, it is necessary that the applicant’s business is already established and running well.
- Businessmen aged 18 years or above will be eligible to apply for PNB Kishore Mudra Loan.
Documents required for the scheme
- ID card
- address proof
- 2 passport size photographs
- Proof of minority, if applicable.
- Bank account statement of last 6 months
- Quotation of machinery for business etc.
- Un-audited balance sheet of last 2 years
- Sales and income tax returns etc.
How to apply for loan online
- To apply online for PNB Kishore Mudra Loan, first go to PNB. official portal will go on.
- After going to the main page of the portal, you will have to go to the “Loan” section and click on “Mudra Loan”.
- Now a page will open in front of you in which you will get all the information related to Mudra Loan.
- You have to click on the option of “Apply Online” given here.
- Now a new page will open, the option of “PNB Kishor Mudra Loan” given in it will have to be selected.
- After this the application form of the scheme will come.
- In this you will have to enter all the information.
- After giving all the information, a printout of this form will have to be taken and all the required documents will have to be attached with it.
- Now you will have to submit your forms to the nearest Punjab National Bank branch.
- After this your application form and all the documents will be scrutinized by the bank officer.
- If everything is found correct, your loan will be approved.
