Main Schemes Promoted by Punjab and Sind

Bank
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Multipur Overdraft Retail Traders / Maximum Rate of Interest Nil Margin- Funded Nil Nil
pose /Cash Wholesale Rs.200 lac & Security -As per facilities are to
Business Credit / Traders, Minimum of general advances be allowed
Loan Term Contractors, Rs.1 lac (GM rate of interest maximum upto
(Mortga Loan / Professional, self (A), ZMs Delhi chart 65% of the
ge) B.G. / L.C employed and I, II & III •Hypothecation realizable value
Scheme etc Small and authorized to of assets (stocks, of immoveable
Medium sanction upto receivables, work property for
Business Max. Limit Rs in progress, plant fresh cases. In
Enterprises (SSI/ 500 lac ) For & machinery etc) cases of renewal,
SMEs) newly as applicable. where
Manufacturing established •Equitable/regist revaluation of
Concerns. activity / ered mortgage of property is not
ventures -- land and building due, funded
Rs.50 lac free from any facilities can be
encumbrances in continued
the name of maximum upto
borrower/ 75% of the
partner / director. realizable value
•Advance against of immoveable
third party property.
property can be
allowed if the
property is in the
name of close
blood relatives
(Major children,
spouse, father,
mother, brother,
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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sister of the
borrower viz
proprietor,
partner, director)
subject to the
condition that
guarantee of
owner(s) / Co-
owners of the
property shall be
mandatory.
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Doctors Setting up Doctors having Maximum BR + Security 15% Nil 50%
Special / minimum quantum 3.55 = • Movable concession on
acquiring qualification under the 14.30 Assets: locker rent for
/ MBBS / BDS. scheme Rs.1 Hypothecation self and spouse
renovatio crore out of of assets for first two
n/ which, ODP / acquired. years, who
expansio CC Hypn. limit • Immovable avail loan
n of ( maximum ) Assets: under this
clinics , upto Rs.10 lac Equitable / legal scheme.
Hospitals may be mortgage of
/ allowed , on property in the
Pathologi merits of each name of self /
cal / case for spouse / major
Clinical meeting children.
labs , expenses like Collateral
Scan / salaries, Security
Diagnosti wages, • Upto Rs.25 lac
c Centers medicines, - No Collateral
, Nursing consumable required, if
Homes, items, covered under
Sanatoriu traveling, CGTMSE
m etc and short term • Above Rs.25
purchase professional lac upto Rs.1
of courses etc, crore - Collateral
vehicles, after to be taken as
ambulanc assessment of per Bank policy.
es, requirement
computer
s etc.
 Rate
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Artisan To All artisans The credit As per Nil For credit up to Nil Artisan Credit
Credit provide engaged in limit would be the Rs.25000/- no Card (ACC)
Card adequate production/man fixed on Prime margin is accounts would
(ACC) and ufacturing assessment of Lendi required but for be maintained
timely process and working ng credit above Rs. in a separate
assistanc otherwise capital Rate 25000/- a margin ledger and
e to eligible for credit requirements (PLR) of 25% would be statement of
artisans facilities under as well as cost kept account pass
for their any of the of tools and book to be
investme existing bank equipments issued to ACC
nts needs schemes would needed for card holders.
as well as be eligible. carrying out Stock
working Preference manufacturin statements are
capital would be given g activities. not to be
requirem to artisans Working submitted by
ent. The registered with capital the
scheme Development requirements beneficiaries
would be Commissioner would be but monitoring
operative (Handicrafts) assessed as of the account
in rural and thrust in per Nayak operations be
and financing would Committee ensured
urban be on clusters of recommendat through
areas. artisans who ions. The quarterly/half
have joined to maximum yearly
form Self Help limit to be inspection.
Groups (SHGs). sanctioned Processing fee
Beneficiaries of under the is to be
other Govt. scheme would charged as per
sponsored loan be Rs.2 lakhs. existing
 Rate
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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st
schemes will not The working guidelines.
be eligible for capital limit Cost of photo
coverage under would be as for issue of
ACC scheme. All revolving cash card to be
existing artisans credit to borne by the
borrowers of the provide any Bank. Finance
Bank enjoying number of under the
credit facilities drawals and scheme to be
upto Rs.2 lakh repayments reported under
and having within the Priority Sector
satisfactory limit. under the head
dealings with the However, a SSI and all such
Bank will be repayment accounts to be
eligible. schedule covered under
would be Weaker
fixed for the Section.
portion of
loan availed
for the
purchase of
tools and
equipments
 Rate
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Benefit
st
Laghu To meet All existing The Laghu As Per Party Ceiling 25% Nil Nil
Udhyami the credit customers of the Udhyami applic Security
Credit requirem above categories Credit Card able Maximum upto
Card ent of who are dealing limit be fixed to Rs. 10 Lac per
(LUCC) small with the bank as follows - MSME borrower.
business for the last 3 •For small . • Primary
units, years business, Security:
retail satisfactorily and retail traders, Hypothecation
traders, enjoying loan etc. 20% of of stock.
artisans, are eligible. the annual • Collateral
village turnover Security: The
industries declared for existing
, small tax purposes securities may
scale or last 12 be retained
industrial months while converting
units and turnover in the account to
tiny units, the operative LUCC
professio account, [Link]
nals and whichever is
self higher.
employed •For
persons, professionals
etc. and self-
employed
persons, 50%
of their gross
annual
income as per
IT return shall
 Rate
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Benefit
st
be considered
as the limit for
issuing the
Laghu
Udhyami
Credit Card.
•For Small
Scale
Industrial
Units
including tiny
sector units,
the
assessment
norms in
vogue as per
the Nayak
Committee
recommendat
ions would
continue.
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Udyogni To Women Loan/limit As per Upto Rs.25, upto Rs.25,000/- Nil Nil
Scheme encourag enterprises would be rate 000/- No --- No margin
for e the consisting of all assessed on applic collateral
Women women units managed case to case able security only
Entrepre entrepren by one or more basis and to hypothecation
neurs eurs to women depending MSME of assets
avail the entrepreneurs in upon the created out of
loans on proprietary purpose of the bank funds
liberal concern or in loanx be taken as a
terms and which she/they security.
exclusive individually or Above Rs.
catering jointly have a 25,000/-
of credit share capital of • Pledge
under not less than of/Hypo. of
Direct 51% as assets created
agricultur partners/share out of bank loan
e holders • Guarantee of
activities, /directors of spouse or third
Tiny SSI private limited party
sector, company/memb • Collateral
Business ers of co- security in the
enterpris operative form of
es, Retail society. land/building
traders, property atleast
Professio double the value
nal and of loan
Self (including the
employed value of assets
etc. in case of term
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Benefit
st
loan)
If the MSEs
cases are
covered under
Credit
Guarantee Fund
Scheme for
Small Industries,
No collateral
Security is
required for
loan/limits upto
Rs. 25 lacs.
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Finance Owners Individuals/ Quantum of As per Nil Security Personal Nil Nil
to of partnership loan/limit rate Primary - guarantees of
Restaura restauran firms/ corporate •For purchase applic Hypothecation proprietors/part
nts / ts/ fast of Kitchen able of the assets ners/promoters,
Dhabas food equipments to financed by the Extension of
chains •For MSME Bank. charge over
investment in Collateral- current assets,
Interior Personal Fixed assets and
decoration guarantees of other existing
•For purchase proprietors/part collateral if any,
of furniture ners/promoters, Additional
and fixture Extension of tangible security
•For purchase charge over such as
of land and current assets, immovable
construction Fixed assets and property, bank
of buildings other existing deposits, etc.
•For meeting collateral if any,
running Additional
expenses. tangible security
Quantum of such as
Finance immovable
•Term Loan: property, bank
Depending deposits, etc.
upon project Loans upto
cost subject Rs.10 lacs are to
to a maximum be covered
of Rs.1 crore under CGTMSE
•OD : Rs 5 lac scheme and
hence no
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
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Benefit
st
collateral / third
party guarantee
required.
However, loans
above Rs.10 lac
upto Rs.1 crore
may be covered
under CGTMSE
at the discretion
of the Bank.
CGTMSE fees to
be borne by the
borrower for
loan above Rs.5
lac.
Loans upto
Rs.10 lacs are to
be covered
under CGTMSE
scheme and
hence no
collateral / third
party guarantee
required.
However, loans
above Rs.10 lac
upto Rs.1 crore
may be covered
under CGTMSE
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
at the discretion
of the Bank.
CGTMSE fees to
be borne by the
borrower for
loan above Rs.5
lac.

Finance Existing / Individuals/ Depending As per Security

to brick prospecti Proprietorship upon project rate • Primary -
kiln ve /partnership cost subject applic Hypothecation/
owners Owners firms/ corporate to max. Rs 50 able Pledge of the
of Brick lac to assets financed
Kilns MSE by the Bank.
units • Collateral -
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Personal
guarantees of
proprietors/part
ners/promoters,
Additional
tangible security
such as
immovable
property, bank
deposits, etc.
No collateral /
third party
guarantee
required if
covered under
CGTMSE.
However,
collateral upto
100% and third
party guarantee
required if not
covered under
CGTMSE.
The activity is
eligible for
availing subsidy
under Credit
Linked Capital
 Rate
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of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Subsidy Scheme
(CLCSS)
Working To extend Nature of For Collaterals 60-72 EMIs 15-25 % Nil Nil
Capital credit to credit loan valuing atleast .Daily cash
Require Eating- Working upto 150% of credit collection to be
ment For Joints capital Term Rs.2 limit where deposited with
Retail [Link] loan lacs - property is to be the Bank
Traders rants, Quantum of PLRF taken as security
Bakeries, credit or and 100% in
Institutio Equivalent to loan case of
nal 4 months sale above NSCs/Life
Canteens (average of 12 Rs.2 insurance
Sweet months) .In lacs - policies Govt.
shops case of new PLR+1 Securities etc.
Meat entrepreneurs %
shops Ice- , on the basis
cream of projections
Parlours .The
etc. maximum
extent of
credit would
be Rs.5 lacs
for individual
borrowers
and Rs.10 lacs
for
partnership
firms/Cos.
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Mortgag This is an • Business Minimum: Rs For Nil Nil Nil Nil
e all Concerns 5 lacs term
purpose (MSME) & Maximum loan
credit Salaried Rs.500 lacs, for
facility Individuals who (With MSME
i.e. to are income tax deviations is 1-
meet assesses; maximum year
legitimate • Partnership finance can be MCLR
need firms, upto Rs 1000 + 2.50
based Proprietary lacs) %
expenses firms, For
viz- Companies term
marriage (Pvt./Public loan
/medical Ltd.), HUFs, other
/educatio Trusts, Societies, than
nal NRIs (subject to MSME
expenses compliance of is 1-
/ repairs / guidelines of year
renovatio Bank & RBI) MCLR
n/ • Age limit: Min +
extension 18 yrs, Max 65 2.75%
to the yrs and owning For
residence residential/ Overd
/ commercial raft,
commerci property. for
al • Credit facility MSME
property/ against the
purchase agricultural rate is
of property is 1-year
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
consumer strictly not MCLR
durables permitted. + 2.25
or any Credit facility %
unforesee shall not be
n permitted
expenses, against security
and of immovable
also for property
investme wherein
nt in Educational/
business, Religious
to meet Institutions are
credit located. Vacant
needs of land may
trade, preferably be
commerci not taken as
al security under
activities, the scheme.
other • In case of
bona fide Firms/Companie
requirem s & Trusts, credit
ents of facility may be
business/ considered
professio against the
n property owned
by
Partner/Director
/Trustee
• The property
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
of following
close relatives
may be
considered
subject to
becoming of
their co-
borrower in the
facility
SME To • Micro, Small & Minimum: Rs Term TL repayable up Nil For Term Loan: For The bank will
Liquid provide Medium 10 lacs Loan to 5 years is 1- Maximum upto Term require a
Plus timely, Enterprises Maximum faciliti year MCLR + 7 years. Loan: personal
hassle- engaged in the Rs.500 lacs es 1.85% For Overdraft: @1% of guarantee of
free and manufacturing repay TL repayable Repayable on the loan the property
adequate and services able above 5 years is demand. amount owners or
credit sector. upto 5 1-year MCLR + Interest shall be with spouse,
delivery • The existing years: 2.05% recovered Minimu directors, or
to meet MSMEs with 1 year For Overdraft, the immediately m of partners.
the good track MCLR rate is 1-year when due. Rs.2000
liquidity record as well as + MCLR + 1.60% /-
mis- new MSMEs 1.85% For
matches having Term Overdra
and satisfactory Due Loan ft
expenses Diligence faciliti Facility:
incurred Report. es @
on • The MSMEs repay 0.50%
activities may be an able of limit
like R&D, Individual, above sanction
Product Proprietor, 5 ed and
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Develop Partnership firm, years: to be
ment, Private/Public 1 year collecte
Marketin Limited MCLR d on
g and Company, Co- + sanction
Branding, operative 2.05% and at
stocking Society. For the time
the Credit facility Overd of
seasonall against raft renewal
y agricultural faciliti every
available property is es: 1 year.
raw strictly not year
material permitted. MCLR
etc. Credit facility +
shall not be 1.60%
permitted
against security
of immovable
property
wherein
Educational/
Religious
Institutions are
located. Vacant
land may
preferably be
not taken as
security under
the scheme.
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
Vyapar For the • Retail Minimum: Rs Nil Nil Term For Concession of
working Traders/Wholes 5 lacs, Loan:Repayable TL/WCT 1.00% in RoI
capital/an ale Traders Maximum: Rs in maximum L for cases,
y • Contractors 500 lacs. (For upto 10 years, facilities where after
business • Professional purchase/con including : @1% maintaining
purpose and self struction of moratorium of the the stipulated
requirem employed shop period of loan margin
ents of • Micro, Small & maximum maximum of 12 amount requirements,
the Medium finance is Rs M with the residual
business Enterprises 200 lacs) Working Capital Minimu portion of the
concern. Service/ (With Term Loan: m of security
And also, Manufacturing deviations Repayable in Rs.2000 offered as
for the concerns maximum maximum upto /- primary
constructi (Borrowers finance can be 5 years, subject For security to the
on of satisfactorily upto Rs 1000 to annual Overdra credit facility is
shop in engaged in lacs) review. ft available to the
the pre- trading/ Overdraft Facilities tune of 100%
owned business activity Facility: :@ or
land or for a period Repayable on 0.50% moreConcessio
for atleast 1 year demand. of limit n of 0.25% in
purchase prior to seeking Interest shall be sanction RoI for cases,
of ready credit under the recovered ed and where external
built scheme and immediately to be credit rating is
shop/ having earned when due. collecte 1 to 4 by
commerci cash profit d on SMERA, ICRA,
al space during the sanction ONICRA or
for period ) and at CRISILConcessi
business • Newly the time on of 0.25% in
Established of RoI if account
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
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st
Entity /Venture renewal is classified
are also eligible every under Priority
for credit year. Sector
facilities under Advances. The
the scheme maximum
based on merits concessions in
and on a case to RoI under any
case basis. of the Scheme
• Credit facility shall not
against exceed 1.25%
agricultural in any case.
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
 Rate
Incentiv
of Additional
Scheme Details Eligibility Loan Amount Interest Subsidy Security Repayments Service Charges es/
Intere details
Benefit
st
security under
the scheme.