PNB Bank

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The Life and Times of Lala Lajpat Rai
There are few leaders of the pre-independence era who,

after having plunged themselves into the political struggle,
continued to take an active interest in social, cultural and
educational work. Lala Lajpat Rai was one of such leader.
Born on 28th January, 1865 at a small village, Dhudike in
the Ferozpur district of Punjab, he belonged to the
Agarwal Baniya caste and it was perhaps because of this, in
addition to taking part in social and political life of the
country, he took keen interest in industrial and financial
matter also. His father was a teacher of Persian and Urdu in (1865-1928)
a government school.
Having passed the final examination in Law from Punjab University, he started his
practice in1883, when he was barely 18 years old. Endowed with a rich legacy of moral
and intellectual background, Lala Lajpat Rai had benefit of education in his the practical
rationalism of western science combined with the religious purity and moral elevation of
Eastern literature put on him the hallmark of true culture. While sympathizing with and
aiding every movement made for progress, Lala Lajpat Rai identified himself very
closely with Arya Samaj, in which he found ample scope for the exercise of his
patriotism, philanthropy and religious zeal.
Having qualified as a pleader, Lala Lajpat Rai started practice at Hissar and soon became
a leading lawyer of the district. He organized the Arya Samaj there and put it on proper
lines. In 1892, he transferred his practice to the wider field at Lahore.
Education, both secular and religious, was in Lala Lajpat Rai’s view an important factor
in national development. HE took part in the foundation of the D.A.V. College at Lahore.
Lalaji and Politics
Lala Lajpat Rai always felt drawn towards politics. It was in 1888 that he joined the
Indian National Congress when it met at Allahabad under the presidency of Mr. G. Yule.
In 1905, the Indian National Congress Committee having recognized in him an austere,
sincere and selfless devoted worker selected him as one of its delegates to place before
the British public the political grievances of the Indian people. He met the expenses of his
trip from his own pocket. He along with Gokhale carried on the political campaign in
various parts of England and brought home to the mind of the British, the evils of an
unsympathetic and bureaucratic government under which India was labouring and
pleaded in eloquent language, adding facts and figures in supporting their contention,
cause of the half starving and half dying people of India. Lala Lajpat Rai created an
impression on the public of England.
After his return from England, he was busy devising and organizing ways and means for
political advancement and industrial emancipation of the country.
The movement of “Swadeshi” was in the offing and he put his heart and soul into it. He
preached the message of swadeshi to the people of Punjab and made it very popular. This
naturally enraged the bureaucracy and he came to be regarded as a revolutionary by the
Bitishers and the Anglo-Indian press. He was openly dubbed as a Revolutionary and an
instigator of the armed forces.
The Jalianwala Bagh tragedy and the Government's denial to censure the conduct of its
officers made him a complete non cooperator. He lost his faith in the British and threw
himself whole heartedly into the non-cooperation movement.
In 1925, he joined the Swaraj Party and became its deputy leader. He took active part in
the deliberations of the debates of the Assembly. It was he, who moved the resolution for
the Boycott of the Simon Commission in the Assembly. It was while leading the boycott
procession at Lahore on the 30th October, 1928 that he received lathi blows on his chest
which ultimately brought about his death on the 17th November, 1928.
Lala Lajpat Rai and PNB
Lalaji was keenly concerned with the fact that though Indian capital was being used to
run English Banks and companies, the profits went entirely to the British, while Indians
had to contend themselves with a small interest on their capital. He echoed this sentiment
in one of his writing while concurring with Rai Mul Raj of Arya Samaj who had long
cherished the idea that Indians should have a National Bank of their own. At the instance
of Rai Mul Raj, Lala Lajpat Rai sent a circular to selected friends insisting on an Indian
joint stock Bank as the first step in constructive Swadeshi and the response was
satisfactory.
After filing and registering the memorandum and Articles of Association on 19 May,
1894, the bank was incorporated under Act VI of the 1882 Indian Companies Act. The
prospectus of the bank was published in the Tribune, and the Urdu Akhbar-e-Am and
Paisa Akhbar. On 23rd May, 1894, the founders met at the Lahore residence of Sardar
Dyal Singh Majithia, the first Chairman of PNB, and resolved to go ahead with the
scheme. They decided to hire a house in the famous Anarkali Bazar of Lahore opposite
the post office and near well known stores of Rama Brothers.
On 12th April 1895, the bank opened for business, a day before the great Punjabi festival
of Baishakhi. The essence of the Bank’s culture was clear at this first meeting itself. The
fourteen original shareholders and seven directors took only a modest number of shares;
the control of the bank was to lie with the large, dispersed shareholding, a purely
professional approach that was as uncommon then as it is today.
SAVING A/C
TOTAL FREEDOM – SAVING FUND SALARY ACCOUNT
Purpose: To offer an attractive Saving Fund Account to

Corporate Employees for enabling them to have their Salary
Credited as well as availing overdraft facility up to Rs. 30,000/-
or the last salary credited in the account whichever is lower, at
our interest rates applicable to Personal Loans to employees, it
would be adjustable in bullet repayment at the time of next
salary credit
Initial Deposit and Minimum Balance Requirements : Zero
Service Charges : It will be a ZERO CHARGES ACCOUNT,

i.e., the customer would not be subjected to any charges in
respect of any of the services related to this account.
Other Facilities offered: The following facilities are also be

provided under the scheme:
• Free Cheque: 20 cheques leaves free per annum.

• Free Statement of Accounts;
• Free issuance of all types of certificates including interest
certificate and balance certificate, etc;
• Free of Cost issuance of PNB Debit/ATM Card;
however, annual charges shall be recoverable.
• RTGS/NEFT Transaction: Free upto Rs 50,000/-
thereafter, normal charges.
• 50% discount in one locker at the branch convenient to

customer for 1st year only.
Zero Balance, Zero Charges

Saving Fund Account for Students
---------------------
---------------- PNB
VIDYARTHI SAVINGS FUND
ACCOUNT SCHEME
Eligibility
Accounts can be opened in the name of
students who have attained the age of 10
years and above, studying at VARIOUS
RECOGNISED EDUCATIONAL
INSTITUTIONS.
Initial Deposit Amount/

QAB/Minimum Balance
Required
Zero
Overdraft Facility
The overdraft facility shall be given to
students (of reputed educational
institutions only) who are staying away
from their parents. It would be made
available on the request of the student
with the UNDERTAKING TO PAY/
CONSENT LETTER from earning
parents/natural guardian/local guardian of
student. In the first year of opening of
account, the facility would be available
up-to a maximum limit of Rs.5,000/-.
Subsequent to the satisfactory conduct of
the account, in second year it could be
enhanced upto Rs. 10,000/-. Other terms
& conditions of this overdraft facility
would be as under:
Rate of Interest The overdraft

facility would
attract at the rate
of interest as
applicable to
Personal Loans to
the general public.
Age of Student The overdraft
facility would be
available for the
students, having
completed the age
of 18 years
Purpose Contingent day to
day needs of those
students who are
staying away from
their parents for
the study purposes
having got an
admission with
recognised and
reputed
educational
institutions.
Repayment For repayment
purposes, a single
post dated cheque
must be obtained
from earning
parents/natural
guardian/local
guardian of student
and kept on record.
Recovery Aspects The overdraft
facility must be
brought into credit
once in 3 months,
failing which
recovery process
be started. The
facility would be
recalled and the
student would not
be eligible for this
overdraft facility at
any branch of our
Bank. In any case,
this facility should
not be allowed to
continue when the
student is in the
final year of study
at that educational
institution, i.e.
account has to be
got into credit at
least six month
before the expiry
of the tenure of the
study period
without any further
continuation of
overdraft facility.
Attractive
Freebies/Concessions
The following freebies are also
admissible:
Demand drafts for

all types
Free of cost
of fees/examination
fees
The account will
be opened without
Initial Deposit any initial deposit,
Amount i.e., it will be Zero
Balance Saving
Fund Account
Incidental Charges NIL
Ledger Folio
NIL
Charges
Retail Internet Free (at CBS
Banking Services branches only)
Intersol transactions
including cash Free
withdrawal/deposits
Free (subject to
ATM Card/DEBIT
availability of
CARD
ATMs in the area)
Cheque Book Free (2 cheque
Facility books in a year)
All other guidelines of the Bank

regarding photographs, introduction,
nomination facility, KYC norms, etc., as
applicable to Savings Fund Account
would also continue to remain applicable
to these accounts.
PNB ‘MITRA’ SAVINGS BANK ACCOUNT
NO-FRILLS SAVING BANK ACCOUNT

FOR FINANCIAL INCLUSION OF
POOREST/DESERVING SECTIONS OF
SOCIETY
To ensure the financial inclusion of the
poorest / deserving sections of the society,
PNB has launched a No-frills Savings Bank
Account Scheme known as PNB ‘MITRA’
SAVINGS BANK ACCOUNT that can be
opened by an INDIVIDUAL singly or jointly,
minors of the age of 10 years and above,
minors under natural/legal guardianship. An
illiterate or a visually impaired person is also
eligible to open account under the scheme
with usual safeguards. Simplified KYC
procedures may be adopted for opening of
these accounts.
Product
Highlights :
• For these accounts, minimum

balance/initial balance
requirement would be ZERO.
• No cheque book is to be issued
under the Scheme.
For further information, please contact the

nearest Branch Office.
CURRENT A/C
'PNB SMART ROAMER'

(Current Account with Sweep In and Sweep out facility)
The product is aimed at offering Current Account Customers

convenient opportunity to earn extra-returns on surplus funds lying in the accounts
which may not normally be utilised in the near future or are likely to remain un-
utilized. The automated nature of the facility for 'Sweep In or Sweep Out' of more
than a lac of rupees, and creating fixed deposits for desired period, would save lot
of operational hassles and create Customer Value. Roaming Features: The
Customers would be able to operate their 'Current Comfort' at all other CBS
branches of our Bank. It will facilitate transfer of funds as well as much faster
cheque collection services for the customers, simultaneously customers will be
able to withdraw cash from our CBS branches.
Sweep in and Sweep out

Features:
The Customer shall be able to profitably deploy his funds which were
earlier not attracting any interest. Funds (above Rs. One Lac) lying in
Current Accounts and their ready availability when required for payment
/clearance of cheques. The bank would provide the facility of automatic
transfer of balance from Current Accounts having a balance of over
Rs.1,00,000/- (Rupees one lac only) in multiples of Rs. 25,000/- (Rupees
Twenty Five Thousand Only) to Fixed Deposit Accounts. Sweep In Funds
would be accepted for a minimum maturity period of 7 days and Maximum
maturity period of 45 days. The customer would get the interest on such
deposit at the TERM DEPOSIT CARD RATE (for below Rs 15 lacs
amount of single Term Deposit) applicable for the period indicated by
him/her, provided it remains under FD portion for a minimum period of 7
days.
Additional Features
(subject to maintenance of stipulated 'minimum balance' in the account throughout

during previous quarter i.e. clear balance on the closing of everyday should have
been Rs.25,000/- or above) :
i. Free ATM Card;

ii. Free Debit Card (slated to be introduced by the Bank shortly-publicity on
this aspect will begin only after launch)
iii. Free remittance of funds upto an extant of Rs. 25000/- per month at any
of our branches having connectivity under CBS.
iv. One Cheque book of 50 leaves free of cost per quarter to be issued
(inclusive of item no. xii)
v. Free e-mails for statement of account on monthly basis
vi. Same day Credit for outstation cheques drawn on other branches of our
Bank under CBS Connectivity
vii. Free collection of one outstation cheque (issued in favour of customer) per
quarter upto Rs. 10000/-(however, out of pocket expenses shall be
recovered)
viii. Immediate credit of outstation cheques upto 15,000/-
ix. 25% concession on Annual Custody Charges for Demat Services
x. 25% concession on service charges for providing EFT Services;
xi. Transaction i.e. T + 3 Days' Credit for outstation cheques drawn on other
bank branches at locations where we have at least one PNB branch under
CBS connectivity.
xii. If possible, Free Special Cheque Book (under relevant MICR Code) shall
also be issued to customers enabling them to make payment by cheque to
outstation parties at CBS centers.
PNB VAIBHAV– CURRENT ACCOUNT
Big on benefits & advantages

* Available through PNB' s network of select Centralised Banking Branches
Features
Quarterly average balance required Rs.5,00,000/- and above
Initial Deposit Amount required for
Rs.5,000/-
opening of the account.
Non-maintenance charges Rs.3000/- Qty.
Free (of transaction charges)
Unlimited
Transactions allowed
Transaction charged/L.F. charges Free
Inter sol transfer charges –
Free
Local non-base branches
Inter sol transfer charges-
Free
Outstation non-base branches
Outstation/local-cheques/ Bills, etc.
50% discount on normal charges
collection charges
Free Statement on request. Upto 4 in a month
Statement of Account(e-mail on
Free on monthly basis
request)
Remittance charges/Drafts issuing,
50% discount on normal charges.
etc.
Standing Instructions Regn. Free
De-mat A/c Charges (except charges
First Year Free
to be paid by Ban to NSDL)
Rebate on Locker Rent (of any size) 50% rebate in locker rent of one
locker
Internet Banking Services Free
Debit-cum-ATM Card Free
RTGS Services 50% concessions on normal charges.
Personalised Multi-City Cheque Book UNLIMITED
Stop Payment Instruction charges Free
Interest/Balance certificate Free
Cash Withdrawals/Deposits charges –
Rs.5 lac per day, thereafter 50%
at Local Non-Base Branches, free
discount on normal charges.
upto:
at outstation Non-Base Branches, free
discount on normal charges
upto
Charges on payment of outstation Rs.1 lac per day, thereafter 50%
Multicity Cheques, Free upto discount on normal charges.
PNB GAURAV– CURRENT ACCOUNT

Big on benefits & advantages
* Available through PNB' s network of select Centralised Banking Branches
Features
Quarterly average balance required Rs.1,00,000/- and above
Initial Deposit Amount required for
Rs.5,000/-
opening of the account.
Non-maintenance charges Rs.1200/- Qty.
Free (of transaction charges)
200 in a quarter
Transactions allowed
Rs.2/- per transaction beyond 200
Transaction charged/L.F. charges
transaction.
Inter sol transfer charges –
Free
Local non-base branches
Upto Rs.50,000/- per day – no
Inter sol transfer charges-
charges, thereafter, 50% discount on
Outstation non-base branches
normal charges.
Outstation/local-cheques/ Bills, etc.
25% discount on normal charges
collection charges
Free Statement on request. Upto 2 in a month
Statement of Account(e-mail on
Free on Quarterly basis
request)
Remittance charges/Drafts issuing,
20% discount on normal charges.
etc.
Standing Instructions Regn. 50% concessions on normal charges.
De-mat A/c Charges (except charges
First Year Free
to be paid by Ban to NSDL)
25% rebate in locker rent of one
Rebate on Locker Rent (of any size)
locker
Internet Banking Services Free
Debit-cum-ATM Card Free
RTGS Services 20% concessions on normal charges.
Stop Payment Instruction charges Free
Interest/Balance certificate Free
at Local Non-Base Branches, free
discount on normal charges.
upto:
Rs.50,000/- per day, thereafter 25%
at outstation Non-Base Branches, free
discount on normal charges
upto
Charges on payment of outstation Rs.50,000/-per day, thereafter 25%
Multicity Cheques, Free upto discount on normal charges.
FIXED DEPOSIT
Spectrum Fixed Deposit Scheme
A Multi-Option Fixed Deposit Scheme that fit your needs, timing &
resources, to match your convenience.
Features:
Initial Deposit of Rs.1000/-only, and thereafter in convenient

multiples of any amount of Rupee one
Period of Deposit: (a) Maturity Option: For any period from
15 days to 120 months-For a single Term Deposit less than Rs.
15 lac and for any period from 7 days to 120 months-For a
single Deposit of Rs. 15 lac & above.
(b) Income Option: For any period from 6 months to 120
months.
At PAR Collection of Fixed Deposit Receipt
Payable at par at all CBS branches(premature payment, loans
andother miscellaneous matters before maturity of the FDR
shall be attended to only by the issuing branch)
Multiple options available for interest payment viz.
Monthly/Quarterly/Half-Yearly/Yearly or on maturity
For an amount of Rs. 10,000/- and above overdraft with
cheque book facility is available, to enable use of deposits. The
customer shall also be at liberty to make use of the facility
through ATM-cum-Debit Card under 'Anywhere-Anytime
Banking'. It will enable customers to have freedom to utilise
their Fixed Deposits as and when needed without even coming
to the Bank. The interest is chargeable only for the amount
and period for which the overdraft facility has been availed;
The illiterate and blind persons can also open the account
without exercising the option of Overdraft Facility.
Margin and rate of interest on Loans against deposits under
the scheme shall be as per prescribed guidelines which shall
be subject to modifications from time to time
Automatic payment of LOCKER rent out of Interest proceeds
Conversion facility regarding mode of payment of interest
allowed;(provided FDR has been issued for a period of 12
months or more and remaining period of FD is more than 6
months) without invoking any penal provision
Penalty clause, as per Bank’s guidelines, would be applicable
to all term deposits schemes including recurring deposits.
Automatic Renewal facility is provided as per option
exercised by the depositor
Availability of premature extension
Part withdrawal in multiples of Rs.1000/- without loss of
interest on remaining FDR
For further details, Please contact our nearest Branch.
Anupam Account
Our Bank has several Domestic Deposit Schemes designed to cater to the
needs of various segments of customers to meet your specific requirement.
The features of the Anupam Account Deposit Scheme are as under:
1. Participation
Anupam Account Scheme may be opened in the name of individual(s), sole

proprietorship concern, partnership firm, association, trust, Ltd. Company
etc. However, Anupam Account shall not be opened in the name of a
minor, illiterate and blind persons.
2. Minimum Initial Deposit
Rs.10,000/- and thereafter in multiples of Rs.1000/- thereof.
3. Period of Deposit
For any period from 6 months to 120 months. Existing deposits under Multi
Benefit Deposit Scheme for Rs.10,000/- and above with unexpired term of 6
months or more are eligible for transfer to Anupam Account Scheme.
4. Overdraft Facility
Overdraft facility shall be permitted through a Current Account and a

Cheque Book will be issued to the depositor on the same day.
The margin on the amount of overdraft against the deposit is
For Public
Maturity Period remaining at the time of

Margin
granting overdraft
Upto 2 years 5%
Above 2 years and upto 3 years 7.5%
Above 5 years 25%
5. Third Party Advance
Only depositors can avail overdraft facility against their deposits under this
scheme.
No third party advance ie Credit Facility / overdraft to persons other than
depositors is allowed under Anupam Account. Even the overdraft facility to
a proprietorship firm against Fixed Deposit in the name of its proprietor is
not allowed.
6. Premature withdrawal of Deposit
If any depositor desires to withdraw the deposit before maturity, Bank may
at its discretion repay the deposit with upto date quarterly compounded
interest at the rate applicable to the period for which deposit remained with
the bank
7. Facility of Further Fixed Deposit in the same Anupam Account
Further, Fixed Deposit can be accepted in the same Anupam Account on

your request and the limit in the overdraft account be increased accordingly
against the additional deposit and it will also be endorsed in the Receipt
Form with you.
8. Renewal of Term Deposit on Maturity
Renewal of Fixed Deposit is permitted at your request, if no overdraft is

outstanding against it.
9. Withdrawable in multiples of Rs.1000/-
You may withdraw any amount before maturity anytime as well in

multiples of Rs.1000/- any time according to your convenience without
breaking the entire deposit and also without losing interest on remaining
part of Fixed Deposit Receipt under the Scheme.
Multi Benefit Fixed Deposit (MBFD) Scheme
It entitles you to earn interest at term deposit rates on quarterly

compounding basis.
You may open with any amount with a minimum deposit of Rs.1000/-
for any period from 6 months to 120 months.
You can avail the additional facility of automatic renewal of fixed deposit
with or without interest on maturity.
On demand, Loan in this MBFD scheme is also made available by us.
For further details, Please contact our nearest Branch.
Recurring Deposit Scheme - EARN LARGE, SAVE SMALL
Features
Account can be opened with a minimum monthly deposit of Rs.100/- or
its multiples for a period of 6 months to 120 months in multiples of 3
months.
Interest at term deposit rates is computable on quarterly compounded
basis
The small monthly savings in the Recurring Deposit scheme enable you
to accumulate a handsome amount on maturity.
For further details, Please contact our nearest Branch
Swechha Jama Yojna / Flexi RD Scheme
Features:
Individuals can open account, singly or jointly, by a minor of the age of

10 years and above in his name or through his guardian.
A depositor can choose a monthly installment with a minimum of
Rs.100 or above in its multiples. However, the subsequent monthly
installment will not exceed ten times of such core amount without any
ceiling on maximum amount. No matter, even if the monthly installment
is skipped.
Deposit accepted for any period from 6 months to 120 months and
interest is paid at term deposit rates on half yearly basis.
For further details, Please contact our nearest Branch

LOAN
Car Finance
Available for purchase of New Car/ Van/ Jeep/ Multi Utility Vehicle
(MUV)/ Sports Utility Vehicle (SUV) or for old vehicles that are not older
than 3 years.
Finance will be provided for purchase of vehicle of indigenous/ foreign
makes
Eligibility
For Private use

Individuals as well as Business Concerns (Corporate or non-corporate).
Amount of Loan
For Individuals / Proprietorship Concerns: 25 times of the monthly net

salary OR Rs.25 lacs (for one or more vehicles), whichever is lower.
Income of parent(s) / spouse can be taken into account for determining loan
amount. In such cases, the parent(s)/ spouse shall stand as additional
guarantor.
For Business Concerns (Corporate or non-corporate): No ceiling on
loan amount (for one or more vehicles).
Margin
For New Vehicles: 20%

For Old Vehicles: 30%
Security
The vehicle purchased with the amount of loan is to be hypothecated to the

Bank. It will be registered in the name of the borrower jointly with the
Bank.
Guarantee / Collateral Security

• Guarantee of spouse, if employed/ earning or third party guarantee, OR
• Collateral Security in the shape of either Immovable Property or Liquid
Security equivalent to 100% of loan amount.
• Additional guarantee of parent(s)/ spouse to be taken incase their income
has been taken account for determining loan amount.
Rate of Interest
Click Here to view rate of interest
Repayment
For New Vehicle: The loan amount together with interest is to be repaid
Personal Loan Scheme For Public
Purpose
To meet all types of personal needs.
Eligibility
i) All permanent Defence Personnel including officials of Military Station

Headquarters, BSF, CRPF, CISF, ITBP
ii) Confirmed/ permanent employees of Central/ State Govt/ PSUs and all
reputed companies/ Institutions, who are drawing their salary through
accounts maintained with our branches.
Employees of above categories under ‘check-off facility’
iii) Professionally qualified Doctors viz. MBBS, BDS & above having annual
income of Rs.4.00 lac & above.
Minimum Net Monthly Income
- Rs.15000 per month for eligible customers at Metro Centres;

- Rs.12500 per month for eligible customers at Urban Centres; and
- Rs.10000 per month for eligible customers at Semi-Urban and Rural
Centres.
However, for Teachers, Army Jawans, other permanent employees of

Military Station Headquarters and Para Military Personnel whose salary is
being credited and disbursed through our branches the minimum Net
Monthly Income criteria shall be Rs.7500/- at all Centres viz. Metro, Urban,
Semi-Urban and Rural.
Nature and Amount of Loan
Term Loan/ Overdraft – Minimum amount of loan will be Rs.50,000/-

and maximum amount of loan Rs.4,00,000/- or 20 times monthly net
salary, whichever is lower, depending upon the repaying capacity.
Margin
NIL
Security
Suitable guarantee acceptable to the Bank.
Rate of Interest
Repayment
Term Loan:
60 Equated Monthly Instalments (EMIs) OR remaining period of
service, whichever is earlier. Instalment to commence one month
after disbursement of loan.
Overdraft:
The overdraft limit shall be adjusted within a maximum period of 60
months by reducing Drawing Power(DP) equivalent to EMI amount at
the beginning of every month.
However, loan allowed to Army Jawans, other permanent employees
of Military Station Headquarters and Para Military Personnel shall be
Repayable in maximum 36 Equated Monthly Instalments or
remaining period of stay at the particular posting, whichever is lower.
Upfront Fee
1.8% of the loan amount + Service Tax & Education Cess
Documentation Charges
Rs.270/- upto Rs.2 Lac + Service Tax & Education Cess

Rs.450/- over Rs.2 Lac + Service Tax & Education Cess
Other Guidelines
In Case of Employees of Govt./Institutions etc.
In case of employees of government/institution etc., irrevocable letter

of authority from the borrower to remit salary/installment and other
amount payable to bank.
Post dated cheques towards monthly installments be obtained from
the borrower under the cover of ‘letter of deposit’ (Mandate of the
borrower conveying deposit of PDCs for appropriation in the loan
account).
Where the employer agrees to check off facility, at least one PDC to
be obtained.
In case of Army Officers :
In case of Army Jawans, Other permanent employees of Military

Station Headquarters and Para Military Personnel (Undertaking to be
obtained from the Station Commandant/ Unit Incharge at the time of
retirement/death/transfer of a particular Jawan/Personnel or on
transfer of a unit, loan under the scheme will get adjusted.)
Professional Loan Schemes
PNB extends assistance to self-employed persons, firms and joint ventures of such
professional persons engaged in professions such as:
Medical practitioners including dentists, chartered accountants, cost accountants,

practicing company secretaries, who are not in regular employment of any
employer, accredited journalists or cameramen who are free lancers, i.e. not
employed by a particular newspaper/magazine, lawyers or solicitors, engineers,
architects, surveyors, construction contractors or management consultants or to a
person trained in any other art or craft who holds either degree or diploma from
any institution established, aided or recognised by Government or to a person who
is considered by the bank as technically qualified or skilled in the field in which he
is engaged. Loans under this scheme may be granted for the purpose of financing
purchase of equipment used by the borrowers, business premises, construction,
making alterations or renovation of business premises/nursing homes or for
working capital requirements, in their professions.
Eligibility
Persons already practicing or new entrants in various professions,
having licenses issued under Central or State Legislations;
Associations of persons engaged in a single profession provided that
each member of such an association is qualified and duly licensed to
practice in the profession; and
The qualified professionals will be required to produce a certified copy
of the license for the record at the bank.
Amount of
Loan
Need based on merits within the overall permissible limits as under:

Metro/ Urban S.Urban/Rural Area
1. Medical practitioners Rs 5.00 lac Rs 10.0 lac
2. Other professionals Rs 5.00 lac Rs 5.00 lac
Margin: Nil up to Rs.25000/-. 25% Above Rs. 25000/-.
Securit
y
Hypothecation/Mortgage of the goods purchased/created with the
amount of loan till the final adjustment of bank's loan and interest
thereon.
Collateral security by way of immovable properties or acceptable third
party guarantee in case of advances above Rs. 25000/-.
Rate of
Interest
Repayment
Term Loan
Loans up to Rs.50000/- 48 months

Loans beyond Rs.50000/- 60 months
Working Capital loans are renewable every year.
Disbursemen
t
Payments will be made direct to the suppliers/ dealers. In case of construction of

the premises, the loan may be disbursed in phases after verifying the end use in
terms of the plan as also at the spot.
EDUCATIONA LOAN
EDUCATION LOAN - "VIDYALAKSHYAPURTI"

The Scheme aims at providing financial assistance to deserving /
meritorious students pursuing higher education in India or abroad. viz.,
Graduation courses – B.A., B.Com., B.Sc., etc., Post-Graduation courses,
Masters & Ph.D; Professional courses, Engineering, Medical, Agriculture,
Veterinary, Law, Dental, Management, Computer etc., Computer Certificate
courses of reputed Institutes accredited to Department of Electronics or
institutes affiliated to University; Courses like ICWA, C.A., CFA, etc.,
courses conducted by IIM, IIT, IISc, XLRI, NIFT, etc., Regular
Diploma/Degree courses conducted by Colleges/Universities approved by
UGC/Govt./AICTE/AIBMS/ICMR, Regular Degree / Diploma courses like
Aeronautical, Pilot training, Shippling etc. approved by DGCA/ etc.,
Courses offered by National Institutes and other reputed Private Institutes.
Students should approach the branch nearest to the place of domicile.
Interest is charged monthly on simple basis during the repayment

holiday/moratorium period & concession of 1% in rate of interest is allowed
provided the same is serviced regularly during study period.
Punjab National Bank has tied up with Kotak Mahindra Insurance to

provide life insurance cover for Student borrowers.
Eligibility
Student eligibility
Should be an Indian National.
Secured admission to Professional / Technical courses in India
or abroad through Entrance Test / Merit based Selection
process..
Expenses considered for Loan
Fee payable to College / School / Hostel
Examination / Library / Laboratory fee.
Purchase of books / equipments / instruments / uniforms.
Caution Deposit / Building Fund / Refundable Deposit
supported by Institution Bills / Receipts, subject to the condition
that the amount does not exceed 10% of the total tution fee for
entire course..
Travel Expenses / Passage money for studies abroad.
Purchase of computers - essential for completion of the
Course.
Boarding and lodging expenses in recognised Boarding
Houses / private accomondations
Any other expense required to complete the course - like study
tours, project work, thesis etc.
Click here for applying for education loan online
Loan Against Mortgage of Immovable Property
Scheme seeks to provide finance against mortgage of immovable property situated

in Metro/ Urban/ Semi Urban centres. The scheme is designed to offer instant
solutions relating to business needs or for personal needs such as, children's
higher education, travel, daughter's marriage, medical emergencies, etc. Loan is,
however, not available for speculative purpose.
Purpose
For personal & business needs
Eligibility
• Employees of Central/ State Govt/ Schools/ Colleges/ Public Sector

Undertakings (PSUs), Reputed Corporates and other intcome tax
assesses who are below the age of 60 years
• Business Enterprises having a satisfactory track record of
o 3 years of cash profit; and
o Net profit in the immediately preceding financial year
Income Criterion
For Individuals
• Minimum net monthly salary/ net annual income of Rs.10,000/

Rs.1,20,000/- for salaried and for other income tax assesses
respectively
• Net annual income should be double that of total EMIs for the
year
For Business Enterprises
• Minimum net annual income/ profit of Rs.1,20,000/-

• Net income/ profit should be 1.5 times that of total EMIs for the
year
Amount of loan
Term Loan & Overdraft

Minimum Loan:- Rs. 1 Lac
Maximum Loan:- Rs.100 Lacs
Security
Non-encumbered residential house/ flat or Commercial or Industrial property (in

the shape of building/ industrial shed) - self occupied or vacant.
Rate of interest
Repayment
• Loan together with interest is repayable in maximum 84 equal

monthly installments or upto the age of 65 years which ever is
earlier
• Overdraft facility is to be renewed/ reviewed annually
Upfront Fee (in case of Term Loan)
0.90% of the loan amount (subject to a maximum of Rs.45,000/-) + Service

Tax & Education Cess
Processing Fee (in case of General Overdraft Limit)
Upto Rs. 25,000/- - NIL
Above Rs. 25,000/- & upto Rs. 2 Lac - Rs. 270/- + Service Tax &
Education Cess
Above Rs. 2 Lac - Rs. 225/- per lac or part thereof + Service Tax &
Education Cess
Documentation Charges
Rs.900/- + Service Tax & Education Cess
'PNB FIN-BASKET' Scheme

1. OBJECTIVE
Offers attractive benefits as part of a Package to those customers who have
the capacity and are willing to avail a minimum specified loan amount
under at least two or more specified Retail Loan Schemes.
2. SCHEME APPLICABILITY
Authorised Branches.
3. ELIGIBILITY
Individuals, including joint owners, who are willing to avail a minimum

loan of Rs.5.00 lac as a package under at least two specified Retail Loan
Schemes at a time. One of which necessarily be for HOUSING and the
other may be any one of the following purposes:
Car,
Personal or
Education.
At the same time, such individuals/ including joint owners should have
adequate capacity to regularly service such loans.
4. PURPOSE
Finance will be allowed for:
Meeting need based requirement of purchase / construction /addition /

repair/alteration/renovation/furnishing of House/Flat. Loans are also
available for purchase of land/plot for House Building.
Loan on pari passu or second charge basis only to confirmed employees of

Central/ State Government / Public Sector Undertakings (PSUs) maximum
upto Rs. 20 lacs. The quantum of loan be decided taking into account the
amount of earlier loan availed and repaying capacity of the borrower.
Purchase of New Car.
Meeting urgent requirements of personal nature, such as marriage of

children, holiday, foreign travel, family function, medical expenses etc.
However, loan will not be granted for speculation purposes.
Education for Self or Children, including the school education of the child.
5. AMOUNT OF LOAN
For Housing: Need Based - Minimum Rs.2 lac.
Maximum Rs. 50 lacs
For Car : Need Based - Minimum Rs.2 lac.
For Personal Needs: Need Based - Minimum Rs.1 lac Maximum Rs. 2 lacs
For Education: For Studies in India - Minimum Rs.1 lac Max. Rs.5.00 lac
For Studies abroad - Minimum Rs.1 lac Max. Rs.10.00 lac
6. MARGIN
10% except when loan is availed for Personal and or Educational needs in
which case it shall be Nil.
7. RATE OF INTEREST
Housing -
TENOR Rate of Interest @percent

For loans repayable p.a.
in/upto REVISED w.e.f. 01.08.2003
i) Upto 5 years 7.75
ii) Above 5 & upto 10 8.25
years
Car - PTLR presently 11.50%
Personal - 13%
Education - 50 basis points below PTLR viz.11%
8. REPAYMENT
Housing - Maximum 10 years (120 months) in equal Monthly Instalments.
For Car and Personal - Maximum 4 years (48 months) in equal Monthly
Instalments.
For Education - Maximum 7 years (84 months) in equal Monthly

Instalments.
Obtention of advance cheques (P.D.Cs) signed by the borrowers be ensured

towards repayment of equated monthly instalments alongwith letter of
deposit. In case of Housing and Education Loans minimum 24 advance
cheques be obtained at a time. In case of loan of other purposes cheque for
complete repayment period be taken.
No moratorium period for repayment will be allowed and repayment to

commence immediately.
9. MODE OF DISBURSEMENT
As per extant guidelines of specific schemes viz. Housing, Car, Personal

and Education. However, No charges for issue of Demand Draft /Bankers
cheques are to be levied.
10. INSURANCE
Comprehensive Insurance Policy to be obtained where loan is allowed for

Housing and Car needs.
11. SECURITY:
Housing
Equitable/ Registered Mortgage of the House/Flat/ Plot Financed.
Obtention of pari passu or second charge over the property mortgaged in

favour of other Lender in situations where senior authorities consider
requests and allow loan only to confirmed employees of Central / State
Govts. / Public Sector Undertakings, who have raised funds for construction
/ acquisition of accommodation from other sources and need supplementary
finance, for an amount of loan of maximum upto Rs. 20 lacs, which,
however, should be for a minimum of Rs. 2lacs as prescribed above.
Car
Hypothecation of the Vehicle financed.
Equitable mortgage should be for the total amount of loan.
12. GUARANTEE
Suitable guarantee acceptable to the Bank may be obtained which may also
include guarantee from family members/other relatives.
13. UPFRONT & DOCUMENTATION CHARGES

Flat Upfront charges of Rs.2,500/- & no documentation charge.
14. PREPAYMENT PENALTY
In case any of the loan facilities allowed are adjusted within a period of
three years, borrower(s) will be required to pay a prepayment Penalty @ 2%
on the amount which had not become due for payment.
15. GENERAL
The concessional loan facility is available provided the combined availment

is Rs. 5 lacs or more.
Equitable Mortgage of the Immovable Property against which Housing loan

has been allowed will secure the combined loan for two or more purposes.
Equitable Mortgage shall not to be released till final adjustment of all the
loans.
Personal Loan Scheme for Pensioners
ELIGIBILITY
All types of pensioners who are drawing their pension through our
branches are eligible. This includes pensioners and Ex-employees of
our Bank. PNB’s pre 1986 retirees who are getting ex-gratia are also
eligible.
Further, pensioners whose pension is being received by the Bank

through Department of Pension Disbursing Office (DPDOs) may also
be allowed loan under the Scheme.
PURPOSE
To meet personal needs including medical expenses.
LOAN AMOUNT
- Maximum Rs.1,50,000/- (Rupees one lac only) or amount
equivalent to 18 months' net pension, whichever is lower.
- For Pensioners above the age of 75 years, the maximum amount of

loan would be Rs.70,000/-.
MARGIN
Nil
RATE OF INTEREST
PROCESSING FEE
Nil
SECURITY
Guarantee of spouse eligible for family pension to be obtained or of
any other family member of means OR a third party guarantee
acceptable to the Bank.
Other Credit Schemes

To meet your credit requirements, PNB is there with many attractive schemes to
choose from
Scheme for advances to Road Transport Operators for purchase of

Truck, Buses and advances to owner-drivers of Taxi, Car, Scooter,
Diesel Jeep, Station Wagons or Tempos etc.
Scheme for advance to self-employed persons engaged in small
business.
Advance against Bank's own Deposits.
Loans to individuals against Shares / Debentures / Bonds.
Advances against Govt. securities, postal securities, IVPs, KVPs,
Jewellery, FDRs of PNB Subsidiaries, Units of UTI & other Mutual
Funds, Pensioner's Benefit Scheme etc.
DEBIT CARD
DEBIT CARD
PNB Debit Card
1) Online Electronic Payment at Shops at over 25 millions
2) International debit card can be used all over the globe
PNB DEBIT CARD :-
PNB Debit Card is purely an on-line product. PNB Debit card bears Master
logo on the front. The Debit Cards can be accepted in India at over 300000
merchant locations and over 43000 ATMs.
TYPES OF DEBIT CARD ISSUED AND IT’S FEATURES:
1.) Classic Debit Card:
• Classic Debit card are issued personalized and non-personalized form.

• Non – Personalized cards where name of the customer is not embossed on
the card.
• Personalized cards where name of the customer is embossed on the card.
• The daily withdrawal limits for ATM and at POS terminals are Rs.25000/-
each.
• The card can be used at POS terminals as like credit card (i.e. swipe the
card at Pos terminal and sign the receipt).
• The card can also be used on Internet for shopping (E-commerce
transactions)
2.) Gold Debit Card:
• Gold debit card is issued to Premium customers maintaining minimum

Quarterly average balance of Rs.50000 in Saving fund A/c and Rs. 100000/-
in Current A/c.
• Gold Cards where name and photo of the customer is embossed on the
card.
• The daily withdrawal limit for ATM and at POS terminals are Rs.40000/-
and Rs.60000/- respectively.
• The card can be used at POS terminals as like credit card (i.e. swipe the
card at Pos terminal and sign the receipt).
•The card can also be used on Internet for shopping (E-commerce
transactions)
3.) Biometric ATM Card:
• Biometric ATM card is issued to illiterate customers.

• With this card, transaction is authorized based on the finger print of the
customer.
• The card will be used at Biometric ATM only with the use of fingerprint
only.
• Daily withdrawal limit at ATM is Rs. 10000/-.
ADDON Debit Card:
• PNB account holder can get two add-on cards along with own Debit card
for sharing the convenience with their loved ones.
• The add-on card can be issued in the name of spouse, dependent parents,
and dependent children not below 18 years.
• The primary cardholder will be responsible for all the transactions made
by Add On card holder/s.
• To avail of the above facility visit any of our branches.
ELIGIBILITY
Who are eligible for PNB Debit card
•All existing Account holder who are maintaining minimum balance and
who regularly operate their account are eligible for the issuance of Debit
Card.
• New customers, who open their accounts after introduction, are also
eligible for the issue of Debit Cards at the time of opening the account
itself.
• Debit Card facility shall be extended to the individual customers only,
having Savings Bank Account and Current Account.
• Debit cards shall also be issued to individual customers having overdraft
facility, which is in the nature of a personal loan. This shall mean and
include personal loans extended to individual customers in the form of a
regular overdraft limit such as clean overdraft facility or overdraft facility
against FD/NSCs/LICs etc. where operations through cheques are
permitted.
• Debit Card can be issued in Joint Accounts with “Either or
Survivor”/”Former or Survivor” mandate. In “Either or Survivor” accounts,
cards can be issued to both the account holders whereas in “Former or
Survivor” accounts card can be issued only to the Former. In joint Accounts
where account has to be jointly operated Debit Card shall not be issued
unless mandate for operation of account is changed to “Either or Survivor”
or “Former or Survivor” basis.
HOW TO APPLY?
• Debit card can be obtained from any branch of PNB (irrespective of your
account maintaining branch) by filling a Debit Card application form.
• In case of Non-Personalized card (without name) the card would be issued
instantly.
• In case of personalized card (with name) the card would be issued in 7-8
working days.
Issuance of Debit Card from Call centre: -
o Customers of our Bank may also get Debit Card simply by contacting our
24x 7 Call Center over phone at the following numbers-
0124-2340000 Also Accessible from mobile.
1800 180 2222 Toll free
o The Card shall be delivered at their communication address.
USAGE OF ATM/DEBIT CARDS:
• PNB ATM / Debit Card is purely an on-line product. It is an International

Debit Card in association of MasterCard Worldwide.
• This card is an Shopping Cards used at POS with MasterCard Logo.
• The Debit Cards can be used to withdraw cash from more than 1.25
millions ATMs globally & the card holders can make payments at more
than 25 millions merchant locations worldwide for shopping.
A few aspects of Bank’s Debit Card are highlighted as under:
• Valid in all Master Card Acceptance Marks.

• Acceptance in India at over 300000 “Maestro” Merchant locations and
over 43000 ATMs having Cirrus Logo and “Master Card”.
• Wide acceptance at both Merchant Locations (including Utility bill
payment) and ATM locations across India
• A PIN (Personal Identification Number) based magnetic Stripe Card
which provides the safety and security to customers, while accessing their
funds with the bank.
•PIN can be changed and MINI Statement of the account can be taken from
ATMs owned by PNB and MITR Member Banks.
• Card validity - Till the customer holds the account.
• PNB Debit Card is an International card and can be used all over the
Globe on ATMs and at the Merchant establishments displaying Maestro
logo.
Charges:
Bank has revised charges applicable to Debit Card w.e.f 01.02.2008, as

under:
Sr.No. Particulars of Charges Charges

1 ATM/Debit Card Issue Charges Waived
ATM/Debit Card Annual Fee
2 Rs. 100/-
(After First Year)
3 Charges for issue Add on Card Rs. 50/-
4 Charges for issue of Duplicate Rs. 25/-
Pin However, if the Card has
not been used
even once due to error in
Printing of PIN, issue of
Duplicate pin shall be free)
Charges for Issue of Duplicate
ATM/Debit
5 Rs. 100/-
Card/Replacement of
ATM/Debit Card
Issue of ATM/Debit Card with
6 Rs. 25/-
photograph of the Cardholder
All the transactions to be made at PNB ATMs by PNB card holders will
be free.
Cash Withdrawal Charges for withdrawing Cash from all ATMs of

other Bank’s -: The following charges shall be applicable:
Transaction
S. No. Sharing ArrangementCharges w.e.f.
15.10.2009
1 MITR NETWORK 17.00
2 ALL OTHER NETWORKS 20.00
1. No Transaction Charges will be recovered for first five Cash

Withdrawals in a month from Savings A/cs.
2. No free Cash Withdrawal will be allowed in A/Cs other than Saving
Fund A/Cs.
3. Maximum Rs.10,000/- permitted for Cash Withdrawal per transaction
from other Banks’ ATMs.
Balance enquiry under all Domestic Networks will be free.
All POS transactions (shopping transactions) are also free.
The charges for International transactions and ATMs are as follows:

• Cash Withdrawal - Rs. 150/- per transaction
• Balance Enquiry - Rs. 15/- per transaction
PNB-EBL (Everest Bank Ltd) ATM Sharing Arrangement:
PNB will charge Indian Rupees 50.00 only for cash withdrawal and Rs.
15.00 for Balance Enquiry from our customers for making ATM
transactions in EBL's ATM network in Nepal.
ATM Sharing Arrangements
Bank has sharing arrangement with various Banks under different networks.
MITR ATM Sharing Network:
The list of members under this arrangement:

1. Oriental Bank of Commerce
2. Indian Bank
3. Bank of Maharashtra
4. IndusInd Bank
5. UCO Bank
6. Punjab National Bank
National Financial Switch (NFS) ATM Sharing Arrangement:
The list of member banks under this arrangement:

1. Allahabad Bank
2. Andhra Bank
3. Axis Bank
4. Bank of Baroda
5. Bank of India
6. Bank of Maharashtra
7. Canara Bank
8. Central Bank of India
9. City Union Bank
10. Corporation Bank
11. Dena Bank
12. Development Credit Bank
13. HDFC Bank
14. ICICI Bank
15. IDBI Bank
16. Indian Bank
17. Indian Overseas Bank
18. IndusInd Bank
19. Laxmi Vilas Bank
20. Oriental bank of Commerce
21. Punjab National Bank
22. Standard Chartered Bank
23. State Bank of India
24. Syndicate Bank
25. Tamilnad Mercantile bank Ltd.
26. The Catholic Syrian Bank Ltd.
27. The Cosmos Cooperative Bank Ltd.
28. The Dhanlaxmi Bank Ltd.
29. The Jammu and Kashmir Bank Ltd.
30. The Karnataka Bank Ltd.
31. The Karur Vysya Bank Ltd.
32. The South Indian bank Ltd.
33. UCO Bank
34. Union Bank of India
35. United bank of India.
36. Vijaya Bank
37. Yes Bank Ltd.
PNB has bilateral ATM Sharing Arrangement with SBI (including SBI
Associate Banks)
PNB is also a member of MasterCard ATM Sharing Arrangement covering

all Banks at whose ATMs Maestro / Cirrus logo appears.
Nomination Facilities
In Deposit Accounts
PNB offers nomination facility in deposit accounts, locker facility, safe custody etc.
In an unfortunate event of the death of a depositor , nomination enables the bank
to :
make payment to the nominee of a deceased depositor, of the amount

standing to the credit of the depositor,
return to the nominee, the articles left by a deceased person in the bank's
safe custody,
release to the nominee of the hirer, the contents of a safety locker, in the
event of the death of the hirer.
Thus, in the event of death of the holder of a deposit account, a customer who has
kept articles in safe custody with the bank, or the hirer of a safety locker, the
nomination facility enables the bank to release to the nominee, the deposit
amount, or the articles left in safe custody or held in safety lockers, as the case
may be, without insistence on a succession certificate or probate of the will from
the legal heirs of the deceased account holder/customer.
Salient Features of the Nomination

Facility
Deposit Accounts:
Nomination facility is available to account holders operating Current

Accounts, Savings Bank Accounts, and all types of term deposit accounts.
Nomination can be made in favour of one person only.
Nomination favouring the minor is permitted on the condition that the
account holder, while making the nomination, appoints another individual
not being a minor, to receive the amount of the deposit on behalf of the
nominee in the event of the death of the depositor during the minority of
the nominee.
Nomination can be made only in respect of a deposit which is held in the
individual capacity of the depositor and not in any representative capacity
such as the holder of an office like Director of a Company, Secretary of an
Association, partner of a firm, Karta of an HUF. and the like.
In the case of a deposit made in the name of a minor, nomination shall be
made by a person lawfully entitled to act on behalf of the minor.
A nomination will continue to be in force even on renewal of a term
deposit, unless specifically cancelled or changed.
Who can Nominate?

Bank account holders having deposit accounts in their individual names or,
in joint names of two or more individuals.
A person lawfully entitled to act on behalf of the minor in respect of a
deposit account.
How to
Nominate?
Specific forms are provided for availing of nomination facility. The account
holder/customer will have to fill in the relevant form. The bank will acknowledge in
writing to the concerned account holder/customer, the receipt of the nomination
form and the nomination will be registered in the books of the bank.
Cancellation of, Variation in,

Nomination
Cancellation of, or variation in, the nomination can be made at any time as long as
the account is in force. While making nomination, cancellation or variation, witness
is required and the request should be signed by all account holders.
When the Nominee Makes a

Claim
In order to ensure that the deposits/articles, are handed over to the genuine
nominee, the bank will insist on
Proof of death of depositor:

A death certificate or any other satisfactory mode of proof of death acceptable
to the bank, will have to be furnished.
Identity of the nominee:
A claim format establishing the claim of the nominee duly certified by
i) a Magistrate or Judicial Official or
ii) an Officer of the Central or State Government or
iii) an Officer of a bank or
iv) two persons acceptable to the bank who will act reference.
Customers (new as well as existing) are advised to avail nomination facility, if they
have not availed so far.
Krishi Card
Punjab National Bank has contributed significantly in the field of agriculture and
other related activities for accelerating the pace of rural development. It has been
providing loans to farmers under its various schemes specially designed for the
agricultural sector.
Purpose
(i) Short term working capital for agricultural activities, domestic
requirements such as education, consumable items, medical expenses, etc.,
(ii) term credit needs of the farmers and credit against of debt from non-
institutional lenders.
Eligibility
Progressive literate and illiterate farmers who are owner cultivators, tenants,
lessee or allottee farmers with recorded occupancy rights or farmers with
ancestral/perpetual rights of cultivation. Oral tenants are eligible only if
land owners agree to become co-borrowers, Self Help Groups (SHGs) of
such tenants may also be given Kisan Credit Cards.
Extent of Limit : Maximum Rs. 10 Lakh.
Fixation of Limit
Limit is fixed for term loan and annual working capital requirement for
agricultural and allied activities, etc., Maximum Rs.5 lakh for crop
production, consumption needs and working capital for allied activities.
Need based term loan within the overall ceiling of Rs. 10 lakh including and
maximum of Rs.50,000 for relief against indebtedness from non-
institutional money-lenders. Limit for various cards are as under:
Type of Card Limit

(i) Vikas Card (Blue) : Upto Rs.50,000/-.
(ii) Bhagyawan Card (Red) : Above Rs.50,000/- to Rs.3 lakh.
(iii) Sarvottam Card (Green) : Above Rs.3 lakh to Rs.5 lakh.
(iv) Swarn Card (Brown) : Above Rs.5 lakh to Rs.10 lakh.
Limit is to be fixed in multiple of Rs. 1000/-.
MARGIN
Amount of Loan Margin

(i) Upto Rs.2 lakh Nil
(ii) Above Rs.2 lakh to Rs.5 lakh 10%
(iii) Above Rs 5. lakh 25%
Security
(i) Upto Rs.50,000/- Hypothecation of crops/assets.
(ii) Above Rs.50,000/- Hypothecation of crops/assets and Mortgage/ Charge

on land (or) Charge/lien over liquid securities such as term
deposits/NSCs/KVPs, etc., (or) Suitable third party guarantee.
RATE OF INTEREST : The rate of interest is charged as prescribed by the

RBI/Bank from time to time.
ISSUE OF CARDS: After fixation of the limit and completion of

documentation formalities, the farmer will be issued a Krishi Card valid for
five years along with Pass Book for record of the limit and transactions.
USAGE OF THE CARDS: Besides the card issuing branch, our other
branches located in the specified district also accept the card and the
payments on the cards upto Rs.3,00,000/- (Limit sanctioned for crop
loans/consumption loans).
SERVICE CHARGES FOR ISSUE OF CARDS: Service charges for

issue of the cards as well as replacement of the card will be Rs 50/-
irrespective of the size of the limit.
OPENING OF ACCOUNT: Opening of account in the joint names of

farmers has been allowed. However, the card shall be issued to one
borrower on the basis of mandate given by other co-borrowers.
DISBURSEMENT: Entire cash credit limit is disbursed in cash.
REPAYMENT:
(i) Cash credit limit for crop production and consumption loan is repayable
in 12/18 months depending upon harvesting/marketing period of crops
grown.
(ii) Working capital limit for allied agriculture activities is repayable in 12

months.
(iii) Term loan is repayable in 5 years. It could be more than 5 years where
longer repayment has been prescribed.
Personal Accident Insurance

All KCC holders upto the age of 70 years are covered under Personal
Accident Insurance Master Policy. The risk coverage is Rs.50,000/- in case
of death due to accident/permanent total disability/loss of two limbs or two
eyes or one limb and one eye. The risk coverage is Rs.25,000/- in case of
one limb or one eye. The annual premium is Rs.15 (net) per card holder and
the claim procedure under the scheme is simple.
Agriculture Credit Scheme

SCHEME FOR FINANCING UNDER PNB KRISHI CARD (KISAN
CREDIT CARD)
SCHEME FOR PACKAGE LOAN TO FARMERS (PNB KISAN
SAMPURAN RIN YOJNA)
PNB KISAN ICHCHHA PURTI YOJANA
CREDIT AGAINST GOLD ORNAMENTS/JEWELLERY, NATIONAL
SAVINGS CERTIFICATES, FIXED DEPOSIT RECEIPTS AND KISAN
VIKAS PATRA TO FARMERS
PRODUCE (MARKETING) LOAN SCHEME
FARM MECHANISATION SCHEME - FINANCING FOR
PURCHASE OF FARM MACHINERY AND REPAIR/RENOVATION
OF TRACTORS AND POWERTILLERS
SCHEME FOR FINANCING FARMERS FOR PURCHASE OF
SECOND HAND TRACTORS
SCHEME FOR FINANCING SELF-PROPELLED COMBINE
HARVESTERS
TRUCKS AND OTHER TRANSPORT VEHICLES
SCHEME FOR FINANCING MINOR IRRIGATION
SCHEME FOR FINANCING DEVELOPMENT OF HORTICULTURE
(FRUITS, FLOWERS & VEGETABLES) AND PLANTATION CROPS
SCHEME FOR FINANCING FORESTRY DEVELOPMENT
PROGRAMMES
SCHEME FOR FINANCING AGRICULTURAL GRADUATES FOR
SETTING UP OF AGRI-CLINICS AND AGRI-BUSINESS CENTRES
(ACABC)
SCHEME FOR FINANCING FARMERS FOR PURCHASE OF LAND
FOR AGRICULTURAL PURPOSE
SCHEME FOR FINANCIAL ASSISTANCE TO AGRICULTURAL
GRADUATES FOR PURCHASE OF LAND AND UNDERTAKING
AGRICULTURAL ACTIVITIES
SCHEME FOR FINANCING MUSHROOM CULTIVATION
SCHEME FOR FINANCING MUSHROOM SPAWN PRODUCTION
SCHEME FOR FINANCING SETTING UP OF BIOGAS UNITS
SCHEME FOR FINANCING COMMISSION
AGENTS/ARHTIYAS/DEALERS, COMMISSION
AGENTS/ARHTIYAS & DEALERS ENGAGED IN DISTRIBUTION
OF CATTLE FEED, POULTRY FEED, DAIRY FEED, ETC., AGAINST
THEIR PAID-UP STOCK
SCHEME FOR FINANCING POULTRY FARMING
SCHEME FOR FINANCING DAIRY DEVELOPMENT
PROGRAMMES
DAIRY VIKAS CARD SCHEME (Implemented in select States)
SCHEME FOR FINANCING FISHERIES DEVELOPMENT
SCHEME FOR FINANCING SHEEP/GOAT BREEDING/REARING
ACTIVITIES
SCHEME FOR FINANCING PIGGERY DEVELOPMENT
SCHEME FOR FINANCING PURCHASE OF ANIMAL DRAWN
VEHICLES i.e. CARTS AND DRAFT ANIMALS
SCHEME FOR FINANCING APICULTURE (BEE-KEEPING)
SCHEME FOR FINANCING KITCHEN GARDENING
SCHEME FOR FINANCING GREEN HOUSES
PNB KALYANI CARD SCHEME
PNB GENERAL CREDIT CARD(GCC)
PNB KRISHAK SATHI SCHEME(KSS)
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SCHEME FOR FINANCING UNDER PNB KRISHI CARD (KISAN

CREDIT CARD):
PURPOSE: Loan is provided to cover short term working capital for

agriculture activities, other domestic requirements such as education,
consumable items, medical expenses, etc., term credit needs of the
farmers and credit against debt from non-institutional lenders.
ELIGIBILITY: Progressive literate and illiterate farmers who are

owner cultivators, tenants, lessee or allottee farmers with recorded
occupancy rights or farmers with ancestral/perpetual rights of
cultivation/Joint Liability Groups(JLGs). Oral tenants can be eligible
for loan only if land owners agree to become co-borrowers. In the
accounts which are secured by liquid securities like FDR,NSC/KVP
etc., the cards to oral tenants can be issued without stipulating the
condition of land owners to be made co-borrowers. Landeless
labourers, share croppers, tenant farmers and oral lessees can be issued
PNB Krishi Card upto limit of Rs 50,000 on the basis of affidavit.
EXTENT OF LOAN: Maximum Rs.10 lakh
Fixation of limit: Limit is fixed for term loan and working capital
requirement limit for agricultural and allied activities, etc., based on
the unit cost of the assets proposed to be acquired by the farmer, the
allied activities already being undertaken on the farm repaying
capacity.
Maximum limit of Rs 10 lakh is allowed as under:
Maximum Rs 5 lakh for cash credit limit for crop production,

consumption needs & working capital for allied activities.Entire cash
credit limit under the scheme may be disbursed in cash. For
consumption needs, loan may be sanctioned upto 25% of the limit or Rs
50000/-, whichever is lower.
Need based term loan within overall ceiling of Rs 10 lakh including

cash credit limit mentioned above & loan (maximum up to Rs.50,000)
for relief against indebtedness from non-institutional money-lenders
REPAYMENT OF LOAN: Term loan including loan for relief against

indebtedness from non-institutional lenders may be repayable in 5
years. However, in case of term loan where repayment period is more
than 5 years, longer repayment period as prescribed under the
respective scheme is allowed.
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SCHEME FOR PACKAGE LOAN TO FARMERS (PNB KISAN

SAMPURAN RIN YOJANA):
PURPOSE: Bank will provide package loan to the farmers for

undertaking various agricultural and allied activities for production as
well as investment purposes and to meet the consumption credit
requirements of the farmers. Besides, loan is also provided for
processing/storage/value addition activities post harvest technology.
ELIGIBILITY: Farmers who are owner-cultivators, tenants, lessee or

allottee-farmers with recorded occupancy rights or farmers with
ancestral/perpetual rights of cultivation. Individual farmers or group of
farmers having aptitude/adequate experience together with minimum
land holding, if stipulated in the respective agriculture credit scheme,
will be eligible for investment loan.
EXTENT OF LOAN: Need based. The farmer shall draw out his plan
encompassing all agricultural activities on the basis of which extent of
loan is determined. Consumption loan is allowed upto Rs.50,000 or 25
per cent of the total limit, whichever is lower.
Farmers intending to avail both production as well as investment credit

will be eligible to be covered under the scheme.
NATURE OF LOAN: Cash credit/ term loan/ overdraft/ composite
loan depending upon the requirement of the farmers.
REPAYMENT OF LOAN: The repayment period is fixed as per the

individual scheme.
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PNB KISAN ICHCHHA PURTI YOJANA:
PURPOSE: Loan is sanctioned for productive purpose (production and

investment credit) related to agriculture and allied activities, Rural
Housing related activities, and Consumption.
SUB-LIMIT: 20% of the overall limit or Rs.2 lakh, whichever is lower

is given for rural housing activities. However, loan for housing purpose
will be allowed only if the mortgage of agricultural land for non
agriculture purpose is permissible in the State. 30% of the overall limit
or Rs 3 lakh which ever is lower (including 20% of the limit or Rs 2
lakh, whichever is lower, for rural housing activities) is given for
consumption purposes.
ELIGIBILITY: Only existing good agricultural land owner borrowers

who have been continuously availing of any farm advance against
mortgage of agriculture land and having no NPA record for last
THREE years as on the date of application will be eligible. If the land
mortgaged is in the name of more than one farmer then all will be
eligible jointly.The condition of three years may be relaxed in case of
new farmers having a good amount of deposit for the last three years
provided the same is secured by 100% liquid collateral security or loan
is secured by 50% liquid collateral security and 50% by mortgage of
land ( valued at 50%of bank loan for small/marginal farmers & 75 %
of bank loan for others)
EXTENT OF LOAN:
Loan limit will be the lowest of :
5 times average annual (2 years) income from agriculture and allied
activities of the borrower.
or
50% of value of mortgage land.
Maximum limit: Rs.10 lakh
Nature of maximum limit of Rs 10 lakh may be as under:-

• Maximum Rs 5 lakh for cash credit limit for crop production,
consumption needs (other than housing) & working capital for
allied activities;
• Need based term loan within overall ceiling of Rs.10 lakh
including cash credit limit mentioned above & loan maximum
up to Rs.2 lakh for Rural Housing.
RURAL HOUSING LOAN: If the land for which the house related
loan is given is in the name of spouse then spouse will be co-borrower.
Maximum age limit at the time of sanction of loan is 60 years.

Applicants above 60 years but maximum 65 years may be considered
for sanction of loan if all the legal heir join as guarantors.
Required approval from competent authority for plan, etc., will have to
be submitted.
Other requirements of Bank’s Housing Loan Scheme are to be fulfilled.
REPAYMENT OF LOAN: In case of Production Credit/Consumption

Credit aggregate credit into the account during 12 months period
should at least be equal to the maximum outstanding in the account.
For housing loan maximum repayment period is 9 years including

gestation period of 12 months.
For Main Agricultural Activities the repayment period is allowed upto

maximum of 9 years.
For allied agriculture activities repayment period is allowed upto

maximum of 7 years.
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CREDIT AGAINST GOLD ORNAMENTS/JEWELLERY, NATIONAL

SAVINGS CERTIFICATES, FIXED DEPOSIT RECEIPTS AND
KISAN VIKAS PATRA TO FARMERS:
PURPOSE: Bank accepts gold ornaments and jewellery, fixed deposits,

National Savings Certificates and Kisan Vikas Patra as security for
agricultural loans, so long as the quantum of loan required is in
consonance with crops grown or the investment proposed and repaying
capacity likely to be generated and not with reference to value of
securities pledged.
ELIGIBILITY: Applicant should be an agriculturist.
EXTENT OF LOAN: Amount of loan is fixed according to the

prescribed scale of finance for agricultural loan/approved unit cost.
REPAYMENT: In case of credit facilities are required farmers for

meeting credit requirements on an on-going basis, instead of observing
seasonality, the limit is to be brought to credit once in a year for a
week.
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PRODUCE (MARKETING) LOAN SCHEME:
PURPOSE: To meet short term credit requirement to adjust/repay the

outstanding crop loan/KCC limit availed by farmers from the bank and
to procure better price by storing farm produce and selling it at
favourable price within a specified period
ELIGIBILITY: All the farmers irrespective of whether they were given

crop loans for raising the produce or not will be eligible for the
advances.However, where the farmers have availed KCC facility for
crop production/composite cash credit limit from our bank for raising
the crops, the same should not be overdue for repayment.
NATURE & EXTENT OF FACILITY: Short term loan. Maximum

upto Rs.5 lakh. The loan would be twice the amount of crop loan taken
by farmer or 75 per cent of the value of the produce calculated at the
Government announced procurement prices, whichever is lower.
REPAYMENT OF LOAN: Produce (Marketing) Loan shall be repaid

within a maximum period of twelve months from the date of its
disbursement.
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FARM MECHANISATION SCHEME - FINANCING FOR PURCHASE

OF FARM MACHINERY AND REPAIR/RENOVATION OF
TRACTORS AND POWERTILLERS:
PURPOSE: Loan is sanctioned for Purchase of new tractors and

matching implements/equipments, purchase of new power tillers,
purchase of second hand tractors with matching implements, purchase
of agricultural machinery, repair/renovation of tractors.
ELIGIBILITY:
For tractors: Farmer or a group of farmers holding land jointly should

have a land holding either owned by them or held by them on perpetual
leasehold rights of minimum 2.5 acres of perennially irrigated land or
corresponding acreage. Economic viability of financing tractor in each
case shall be worked out. Thus, financing of tractor shall be done after
ensuring economic viability of the tractor loan proposal.
For Power tillers: Farmer or a group of farmers holding land jointly
should have a land holding either owned by them or held by them on
perpetual lease hold rights of minimum 1.5 acres of perennially
irrigated land or corresponding acreage. Financing of power tiller shall
be done after ensuring economic viability of the power tiller proposal.
For other farm machinery/equipments:
No condition of minimum land holding has been stipulated. Farmer
should have proper scope for utilization of assets and based on
economics should be in a position to conveniently repay loan.
EXTENT OF LOAN : Need based loan .
INSURANCE : The tractor borrowers who have opted for PNB

Farmers’ Welfare Fund Scheme are required to get their tractor and
matching implements insured against “Liability”(third party) under
the Insurance Act to get insurance coverage.
Subscription will be recovered from the accounts of borrowers who

give their consent to opt for PNB Farmers Welfare Fund Scheme. The
structure of fee is as under :-
a) Rs.800/- : for 12 months of calendar year.

b) Rs.400/- : for less than 6 months in a calendar year.
REPAYMENT OF LOAN : Repayment of loan is to be made in half

yearly/yearly installments as under: -
Repayment period
S.No. Particulars
(Years)
i. Tractors 7-9
ii.
Second hand tractors 5
iii Power tillers 7

Other farm machinery: 7 (including
iv
a) Small & marginal farmers repayment holiday of
one year)
b) Other farmers 5
v Repair/renovation of tractors 5
NOTE: Repayment period shall be fixed on a case by case basis

depending on nature of repairs, category of farmer and his repayment
capacity, etc.
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SECOND HAND TRACTORS:
PURPOSE : To provide loan for purchase of second hand tractor to

eligible farmers.
ELIGIBILITY : Farmer or a group of farmers holding land jointly

should have a land holding either owned by them or held by them on
perpetual leasehold rights of minimum 2.5 acres of perennially
irrigated land or corresponding acreage. Thus, financing of tractor
shall be done after ensuring economic viability of the tractor loan
proposal.
EXTENT OF LOAN : Amount of loan will be 75% of depreciated value

of tractor. Down payment of 25% at depreciated value of tractor to be
financed is to be met by borrower from his own sources. Loan for
second hand tractor and three implements including a trailer shall be
restricted to Rs.1,50,000/- (Rupees one lakh fifty thousand only).
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SCHEME FOR FINANCING SELF-PROPELLED COMBINE

HARVESTERS:
PURPOSE: Loan is given for financing purchase of combine harvester.
ELIGIBILITY: In case of farmers: Applicant should be able to

maintain and run combine harvester or should make suitable
arrangements for the same. In case of persons other than farmers:
Applicant should be technically qualified having adequate know-how,
skill and managerial ability to run custom service units. In case of State
Agriculture Farms/Corporations: State Agriculture Farms/
Corporations engaged in land development activities should have
adequate resources and command area to run and maintain combine
harvesters.
EXTENT OF LOAN: Need based.
REPAYMENT OF LOAN: 5-7 years in half-yearly instalments.
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TRUCKS AND OTHER TRANSPORT VEHICLES:
PURPOSE: Loan is given for purchase of New trucks, other new

motorised light/medium vehicles like tempo, matador, jeeps, pickup
vans, mini-trucks, two-wheelers to farmers for transport of agricultural
inputs/produce..
ELIGIBILITY: Owners, Tenants or lessees of land and engaged in

farming or allied agricultural activity for transporting agricultural
inputs and farm products.
Loan for purchase of trucks shall be given to farmers whose land

holding is 3 acres or more. Loans for purchase of light/medium vehicles
like jeeps, pick-up vans, mini-trucks, etc., to be used for transport of
agricultural inputs and farm products shall also be made to farmers
whose land holding is comparatively smaller, i.e. 2 acres or more. Loan
for two wheeler is given to farmers having land holding of 1 acre or
more.
NATURE OF LOAN: Term Loan.
REPAYMENT OF LOAN: Loan with interest is repayable in

maximum period of 48 months in suitable instalments .
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SCHEME FOR FINANCING MINOR IRRIGATION:
PURPOSE: Purchase of Pump sets, construction of Dug wells,

deepening of Wells/Repair to wells, Bore wells, Shallow Tubewells,
Deep Tubewells, Installation of Persian Wheels/Rehats, Sprinkler Sets,
Drip Irrigation, Solar Pumps, Wind Mills, Check Dams, Construction
of pump house, water tanks, laying of field channels, pipe lines and
water courses, Use of PVC and MS pipes and GI bends Standby Diesel
Engines, Pump sets fitted on Trolleys, Bicycle along with Diesel
pumpsets Replacement of pumping equipment, Generator sets for
energisation of pumpsets used for agricultural purposes, Lift Irrigation
and related activities.
ELIGIBILITY:
I. A farmer intending to implement a minor irrigation project must

have a holding of at least 2.5 acres of land. Project must be technically
feasible and financially viable.
II. Group Financing – Community Projects: Small and marginal

farmers in groups or community minor irrigation projects are also
financed .
NATURE OF LOAN: Medium term loan.
EXTENT OF LOAN: Need based
REPAYMENT OF LOAN: Ranges from 5-15 years depending on

individual activity.
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SCHEME FOR FINANCING DEVELOPMENT OF HORTICULTURE

(FRUITS, FLOWERS & VEGETABLES) AND PLANTATION CROPS:
PURPOSE: Financial assistance will be made available mainly for

establishment and development of new orchards or groves of fruit
crops, plantation crops, ornamental crops, medicinal plants, essential
oil/aromatic plants etc, rejuvenation of existing orchards or plantation,
raising vegetables ,raising flower crops, inter-cropping in horticultural
crops, Marketing loan to meet picking, grading, crating, forwarding
and transportation costs etc..
ELIGIBILITY: Individual farmers or group of farmers with stipulated

land holding , and Public Sector Undertakings or private firms desirous
of seeking financial assistance for plantation of fruit trees or other
economic plants on project basis.
NATURE OF FACILITY: Short term loan or cash credit facility is

provided for production purposes and Medium term loan for
development of orchards or vegetable/flower gardens.
EXTENT OF LOAN: Need based. However, working Capital loan
would depend upon scales of finance. In case marketing loan is also
considered, it does not exceed 20 per cent of the estimated value of
crop.
GESTATION PERIOD :Gestation period will vary with variety of

plants/trees grown.
REPAYMENT OF LOAN:
Short Term Loans:
Crop Loan: Loan disbursed for raising vegetable crops, flower crops or
other inter-cropping shall be recovered within 6-8 weeks of harvest of
crop unless loans are given as composite loans taking into account both
production and investment credit needs. In such cases, loan would be
recovered in 4-5 years.
Marketing Loan: Repayment within 4 months from date of loan.
Medium Term Loan:

Repayment period (inclusive of gestation) in respect of medium term
loans shall be in the range of 4-15 years.
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SCHEME FOR FINANCING FORESTRY DEVELOPMENT

PROGRAMMES:
PURPOSE: Term Loan shall be provided for the development of

nurseries, Plantation and raising forestry trees upto harvesting , Loan
for inter-cropping is also considered depending upon the crops to be
grown.
ELIGIBILITY: Farmers, Companies, State Undertakings having

ownership/ lease-hold/ perpetual tenancy rights over land in their name
shall be eligible for availing loan under the scheme.
REPAYMENT OF LOAN:
(i) Forest Plantation: Loan for scheme where trees are grown should be
repaid within a maximum period of 15 years inclusive of grace period.
(ii) Nursery: Since nursery starts yielding income within short period,
repayment of entire term loan shall be fixed within 5 years.
I. SCHEME FOR FINANCING DEVELOPMENT OF WASTELAND

(INCLUDING TREE PATTA SCHEME):
PURPOSE: Loan is given for Reclamation of soil ,Soil conservation

measures ,Conditioning of land by raising seasonal crops in reclaimed
area for initial one/two years, raising of forest tree/pastures in existing
wasteland or reclaimed land, creating irrigation potential in wasteland,
Schematic afforestation of wasteland, tree patta holders under Tree
Patta Scheme.
ELIGIBILITY: Farmers having land holdings ,Panchayats/other

bodies having such community land.
EXTENT OF LOAN: Need-based loan.
II. MARGIN MONEY ASSISTANCE SCHEME FOR DEVELOPMENT

OF WASTELAND:
ELIGIBILITY:State Government Corporations, Urban Development

Authorities, Public Undertakings and Semi-Governments
Organisations.
EXTENT OF MARGIN MONEY ASSISTANCE: Quantum of margin

money will be decided on the basis of individual project and its cash
flow. National Wasteland Development Board (NWDB), will give an
amount upto 25 per cent of project cost of bankable projects.
DEVELOPMENT OF NON-FOREST WASTELAND UNDER

INVESTMENT PROMOTION SCHEME:
ELIGIBILITY: Projects promoted by Individual entrepreneurs and

Individual/group of farmers,Central and State Governments
Undertakings,Co-operative Institutions,Public Trusts and Societies
registered under the Societies Registration Act, Corporate Bodies
registered under the Companies Act.
AREA COVERAGE OF SCHEME: Scheme will primarily be

restricted to non-forest wasteland owned by Central and State
Governments.
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SCHEME FOR FINANCING AGRICULTURAL GRADUATES FOR
SETTING UP OF AGRI-CLINICS AND AGRI-BUSINESS CENTRES
(ACABC):
OBJECTIVES:
(i) To supplement the efforts of Government Extension System.
(ii) To make available supplementary sources of input supply and

services to needy farmers.
(iii) To provide gainful employment to Agricultural Graduates in new

merging areas in agricultural sector.
CONCEPT:
(i) Agri-clinics: Agri-clinics are envisaged to provide expert services
and advice to farmers on cropping practices, technology, dissemination,
crop protection from pests and diseases, market trends and prices of
various crops in the markets and also clinical services for animal
health, etc., which would enhance productivity of crops/animals.
(ii) Agri-business Centres: Agri-Business Centres are envisaged to

provide input supply, farm equipments on hire and other services.
PURPOSE: Financial assistance is provided to the eligible persons for

any economically viable activity selected by the Graduates acceptable
to the Bank: -
(i) Soil and water quality-cum-inputs testing laboratories (with Atomic

Absorption Spectrophotometers).
(ii) Pest surveillance, diagnostic and control services.
(iii) Maintenance, repairs and custom hiring of agricultural implements

and machinery including micro-irrigation (sprinkler and drip) systems.
(iv) Agri-service centres including the three activities mentioned above

(Group activity).
(v) Seed processing units.
(vi) Micro-propagation through Plant Tissue Culture Labs and

Hardening Units.
(vii) Setting up of vermiculture units, production of bio-fertilizers, bio-

pesticides, bio-control agents.
(viii) Setting up of Apiaries (bee keeping) and honey & bee products
processing units.
(ix) Provision of Extension Consultancy Services.
(x) Facilitation and agency of agricultural/insurance services.
(xi) Hatcheries and production of fish finger-lings for aquaculture.
(xii) Provision of livestock health cover, setting up veterinary

dispensaries and services including frozen semen banks and liquid
nitrogen supply.
(xiii) Setting up of Information Technology Kiosks in rural areas for

access to various agriculture related portals.
(xiv) Feed Processing and Testing Units.
(xv) Value Addition Centres.
(xvi) Setting up of Cool-Chain from the farm level onwards (Group

Activity).
(xvii) Post Harvest Management Centres for sorting, grading,

standardization, storage and packaging.
(xviii) Setting up of Metallic/Non-Metallic Storage Structures (Group

Activity).
(xix) Retail marketing outlets for processed Agri-products.
(xx) Rural marketing dealerships of farm inputs and outputs.
(xxi) Internet kiosks either separately or in combination of any of the

eligible project activities selected by the entrepreneurs.
ELIGIBILITY:
(i) The applicant should be Agricultural Graduates/Graduates in
subjects allied to agriculture like horticulture, animal husbandry,
forestry, dairy, veterinary, poultry farming, pisciculture and other
allied agricultural activities.
(ii) Individuals or in group of not exceeding 5 persons; of which one

could be a Management Graduate with qualification or experience in
business development and management.
EXTENT OF LOAN: Need-based; subject to the following :-
(i) Project by Individual : Rs.10 lakh
(ii) Project in Group : Rs.50 lakh
REPAYMENT OF LOAN: Loan shall be repayable in monthly/

quarterly/ half-yearly/ yearly schedule depending upon the income
generation from the project or as prescribed in the respective Credit
Schemes of the bank.
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SCHEME FOR FINANCING FARMERS FOR PURCHASE OF LAND

FOR AGRICULTURAL PURPOSE:
PURPOSE: The objective of the Scheme is to finance the farmers to

purchase, develop and cultivate agricultural as well as fallow and
wasteland.
ELIGIBILITY: Small and marginal farmers and Share

croppers/Tenant farmers.
EXTENT OF LOAN: It will depend on the area of the land to be

purchased and its valuation and also development cost. However,
maximum extent of loan under the Scheme shall be restricted to Rs.5
lakh.
REPAYMENT OF LOAN: Loan is to be repaid in 7-10 years in half-

yearly/ yearly instalments including maximum moratorium period of
24 months.
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SCHEME FOR FINANCIAL ASSISTANCE TO AGRICULTURAL

GRADUATES FOR PURCHASE OF LAND AND UNDERTAKING
AGRICULTURAL ACTIVITIES:
PURPOSE: Purchase of land,Development of land,Crop loan/loan for

any allied agricultural activity.
ELIGIBILITY: The applicant must belong to farming families which

have no land holding. And must be Graduates in Agriculture,
Veterinary Sciences, or Agriculture Engineering and must be presently
unemployed.
AMOUNT OF LOAN: Extent of loan will be need-based depending

upon area of land to be purchased for a defined project to be
undertaken by borrower; subject to limitations, maximum 2.5 acres
irrigated or 5 acres unirrigated.
REPAYMENT OF LOAN: Loans given for purchase of land should be

repaid in a period not exceeding 8 years including gestation period.
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SCHEME FOR FINANCING MUSHROOM CULTIVATION:
PURPOSE: Loan is considered for Investment Credit and Working

Capital (For initial one crop only).
ELIGIBILITY: Loan is considered for individuals as well as for large

sized units possessing adequate experience of mushroom cultivation.
REPAYMENT OF LOAN: Maximum 7 years including gestation

period depending upon repaying capacity of borrower.
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SCHEME FOR FINANCING MUSHROOM SPAWN PRODUCTION:
PURPOSE: Financial assistance for spawn production is considered for

the purpose of investment as well as recurring expenditure.
ELIGIBILITY: Individuals as well as large sized units possessing

qualification in plant pathology or having proper background and
training for spawn production.
EXTENT OF LOAN: Need Based.
REPAYMENT OF LOAN: Maximum 7 years
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SCHEME FOR FINANCING SETTING UP OF BIOGAS UNITS:

ELIGIBILITY: Intending borrower should have adequate number of
cattle commensurate with size of plant proposed to be set up.
EXTENT OF LOAN: Need based depending upon models and

capacities of biogas plant
REPAYMENT OF LOAN: 5-7years.
SCHEME FOR FINANCING COMMISSION

AGENTS/ARHTIYAS/DEALERS, COMMISSION AGENTS/ARHTIYAS
& DEALERS ENGAGED IN DISTRIBUTION OF CATTLE FEED,
POULTRY FEED, DAIRY FEED, ETC., AGAINST THEIR PAID-UP
STOCK:
Details of the scheme for financing Commission

Agents/Arhtiyas/Dealers for distribution of farm inputs are given in
two parts, i.e., Part-I and Part-II .
PART-I:
FINANCE TO ARHTIYAS/COMMISSION AGENTS/DEALERS

ENGAGED IN DISTRIBUTION OF AGRICULTURE INPUTS SUCH
AS SEEDS, PESTICIDES, FERTILISERS, ETC., AGAINST THEIR
PAID-UP STOCK AND BOOK-DEBTS AND COMMISSION
AGENTS/ARHTIYAS WHO ARE EXTENDING CREDIT TO
FARMERS FOR PURCHASE OF AGRICULTURE INPUTS BUT
ARE NOT EXCLUSIVE DEALERS OF THESE INPUTS:
ELIGIBILITY: Individual/firm/private or public limited

company/corporate body or co-operative society registered under any
law relating to Co-operative Societies working as Arhtiyas/
Commission Agents/Dealers ,enjoying good reputation in the
area,having sound financial position,having sufficient experience in
distribution of agriculture inputs to agriculturists and having
satisfactory turn-over.
NATURE OF FACILITY: (i) Cash Credit (Hypothecation)
(ii) Cash Credit (Pledge)
(iii) Cash Credit (Book-debts)
EXTENT OF LOAN: Need-based.
PERIOD OF LOAN: Period of loan should coincide with marketing of

produce of current crops (Kharif/Rabi). Account to be brought into
credit balance at least once in a year. Account to be renewed annually.
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PART-II:
FINANCING DEALERS ENGAGED IN DISTRIBUTION OF

CATTLE FEED, POULTRY FEED, DAIRY FEED, FISHERY FEED,
ETC., UPTO MAXIMUM AMOUNT OF RS.40 LAKH AGAINST
THEIR PAID-UP STOCK:
ELIGIBILITY: Individual/firm/private or public limited

company/corporate body or co-operative society registered under any
law relating to co-operative societies working as Arhtiyas/ Commission
Agents/Dealers enjoying good reputation in the area,having sound
financial position, having sufficient experience in distribution of cattle
feeds, etc., and having satisfactory turn-over.
EXTENT OF LOAN: Need-based .
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SCHEME FOR FINANCING POULTRY FARMING:
Scheme for financing poultry farming provides for investment credit

for construction of sheds and purchase of equipments on the one hand
and production credit for purchase of day old chicks, feed, medicines,
etc., on the other hand. Financial assistance shall be made available to
the intending borrowers as under: -
PURPOSE:
For subsidiary activity:
Investment credit will be provided in the shape of medium term loan

for acquiring fixed assets whereas production credit will be given to
meet the working capital requirements in the shape of Short Term
Loan.
For main activity:
Investment credit will be provided as medium term loan whereas

production credit will be given either in the shape of cash credit limit or
as an integral component of investment credit.
ELIGIBILITY:
For subsidiary activity:

Small farmers, landless agricultural labourers or any other persons
who are under-employed and intend to supplement income through
poultry. He should be having adequate land/shed where he/she
proposes to establish poultry farm.
For main activity:

The applicant should be well experienced in running poultry unit and
should be engaged/desirous of engaging himself in such an activity on
commercial basis as his main vocation. He should be having required
land/shed where he intends to establish or enlarge a poultry farm.
Unit size:
Minimum size of the poultry unit to be financed as subsidiary activity
should be 500 birds.
EXTENT OF LOAN: Extent of loan will be need-based.
REPAYMENT OF LOAN: Production credit, if given as short term

loan, would be recovered in maximum period of 18/12 months
providing gestation period of 6/3 months in the case of layers and
broilers, respectively.
Repayment of investment loan shall start after adequate gestation

period (upto 12 months in the case of layers and upto 3 months in the
case of broilers) in suitable monthly/quarterly/half-yearly instalments
over a period of 6-7 years in the case of small farmers depending upon
their repaying capacity.
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SCHEME FOR FINANCING DAIRY DEVELOPMENT

PROGRAMMES:
Dairy projects are financed for the following activities: -
I. Financing individuals for purchase of good quality high yielding

milch animals, viz., cows/buffaloes or cross bred cows for milk
production.
II. Financing individuals for purchase and rearing of calves upto the
stage of first lactation.
III. Financing for other innovative animal husbandry activities,
namely, cattle breeding, salvaging of dry pregnant cattle, milk-
processing facilities, construction of milk houses, etc.
FINANCING FOR MILK PRODUCTION ACTIVITY i.e.

PURCHASE AND MAINTENANCE OF MILCH ANIMALS
(LACTATING COWS/BUFFALOES) FOR MILK PRODUCTION:
PURPOSE:
Bank provides loan for following purposes: -
• Purchase of good quality high milk cows/buffaloes.

• Construction of shed(s) for keeping the animals.
• Purchase of dairy machinery or other equipments of dairy
business.
• Providing fodder for the animals.
• Cost of transportation of animal from cattle market.
• Composite loans are also given for purchase of milch cattle and
one month concentrate feed requirements as also for cultivation
of fodder crops in integrated manner.
ELIGIBILITY:
>> Individuals undertaking dairying as subsidiary activity.
>> Individuals undertaking commercial dairy as main activity.
EXTENT OF LOAN: Need-based loan is provided. A unit of 2 milch

animals is considered viable minimum size for such an activity for
continuous production of milk.
REPAYMENT OF LOAN: Loans for purchase of milch animals should

be repaid as under: -
Repayment
period Loan
Type of
S.No. (including Instalment Gestation period
Investment
gestation period
period)
Repayment to be
Cross bred Monthly/
1 5 years linked with
cow(s) Quarterly
lactation period.
2 Buffaloes 4-5 years -do- -do -
3. 2 Graded 4-5 years -do- -do-
Murrah
buffaloes
Cross bred calf
4. 5-6 years -do- 30 months
rearing
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SCHEME FOR FINANCING REARING OF GOOD QUALITY

FEMALE CALVES:
PURPOSE: Rearing of female calves of about 4 months of age born of

healthy parents upto the age of first calving.
ELIGIBILITY: Cattle breeders/ progressive farmers having female

calves undertaking to retain them for milk production or sell them on
first calving. Farmer should have land for raising adequate fodder.
EXTENT OF LOAN: Amount of loan shall depend upon the number of

calves the borrower(s) intends to rear.
REPAYMENT OF LOAN: If the calf is retained as lactating cow, loan

and interest shall be recovered in maximum four years after first
calving in suitable instalments. If the calf is sold as fresh calve,
principal and interest should be recovered in lump sum from the sale
proceeds of the animal. Accordingly, maximum repayment period shall
be 5-6 years in the former case while it shall be 2 years and 6 months in
the latter case.
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FINANCING FOR OTHER INNOVATIVE ANIMAL HUSBANDRY

ACTIVITIES:
PURPOSE: Cattle Breeding through Artificial Insemination; Salvaging

of dry pregnant cattle; Financing for milk processing facilities;
Financing for construction of milk houses (Dudhghar) by Village Milk
Cooperative Societies; Financing for development of pasture, etc.
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DAIRY VIKAS CARD SCHEME (Implemented in select States):

PURPOSE: Purchase of good quality high milk yielding cows/buffaloes
or exotic cross bred cows; Construction of shed for keeping the
animals; Purchase of working capital items like, dairy feeds, veterinary
medicines, fodder, dairy machinery or other equipments, etc.
ELIGIBILITY: Landless agricultural labourers or farmers/ individuals

having experience in maintaining milch animals.
MARGIN: Nil.
TYPE OF CARD: PNB Dairy Vikas Card.
VALIDITY OF CARD: 5 Years.
EXTENT OF LOAN: Rs.1,00,000/-
FIXATION OF LIMIT:
Production Credit: Maximum 25% of the limit.
Investment Credit: Minimum 75% of the limit.
DISBURSEMENT OF LOAN: Loan shall be disbursed in cash in

stages as per requirement of the farmer. The limit shall be availed from
the Card Issuing Branch only.
REPAYMENT OF LOAN: Investment credit will be repayable in 5

years with reducing composite cash credit limit on yearly basis.
Installments in the account shall be repaid on monthly/quarterly basis.
PURCHASE OF NEW BUFFALO/REPLACEMENT OF EXISTING

BUFFALO:
PURPOSE: Applicants are allowed to purchase new

buffalo/replacement of existing buffalo to the extent of reduction in
limit provided the conduct of account is observed satisfactory for one
year. Such a facility will be allowed upto third year.
AREA OF OPERATION: Initially the scheme is implemented in the

States of Punjab, Haryana, Rajasthan, Uttar Pradesh, Madhya
Pradesh, Gujarat & Maharashtra.
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SCHEME FOR FINANCING FISHERIES DEVELOPMENT:
SCHEME FOR FINANCING INLAND FISHERIES DEVELOPMENT

AND BRACKISH WATER FISH AND PRAWN CULTURE:
PURPOSE: Financial assistance is extended for

Construction/renovation of ponds/tanks., construction of sluices,
purchase of fish prawn, fry and fingerlings/ fish seed/ prawn seed,
purchase of inputs like oil cake, fertilizers, organic fertilizers and other
feed materials upto the first harvest, purchase of nets, boxes, baskets,
ropes, shovels, hooks and other accessories etc.
ELIGIBILITY: Loan assistance is extended to farmers, individuals, co-

operative societies, companies, association of persons who have
adequate know-how and necessary infrastructural facilities for
implementation of the scheme
REPAYMENT OF LOAN: Loans need to be repaid within the period

specified as under: -
Pond fish culture: 5-8 years including gestation period with yearly
mode of repayment.
Brackish water fish/prawn culture: 5-10 years including gestation

period with half-yearly mode of repayment.
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SCHEME FOR FINANCING MARINE FISHERIES:
PURPOSE: Loan can be considered for purchase of mechanized/non-

mechanized boats/deep sea fishing vessels/trawlers, purchase of nets -
travel net/purse-seine/grill nets, purchase of other deck equipments like
travel, winch, wire rope, gallows, net-handler, navigational lights, life
jackets, life boats, anchors, direction finders, fish finders, etc. purchase
of marine engine. etc.
ELIGIBILITY: Loan is extended to individual(s)/partnership firm(s),

co-operative society(ies), limited company(ies) who are technically
qualified and having adequate experience to undertake such venture.
EXTENT OF LOAN: Amount of loan will be according to the

requirements of project report submitted by intending borrower(s).
REPAYMENT OF LOAN:
Medium Term Loan:
Non-mechanized boats/vessels : 6-7 years.
Mechanized boats : 8-12 years.
Cash Credit Limit: Cash Credit Limit for working capital

requirements are renewed every year.
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SCHEME FOR FINANCING SHEEP/GOAT BREEDING/REARING

ACTIVITIES:
PURPOSE: Financial assistance is considered for Purchase of

sheep/goat of recognized breed for the purpose of breeding and/or
rearing them for wool, meat and milk production, construction of sheds
for sheep/goat, if considered necessary, and also for purchase of
equipments/tools, purchase of concentrate feed, if considered necessary.
ELIGIBILITY: Small and marginal farmer(s) and agricultural

labourer(s) desirous of undertaking sheep/goat breeding/rearing as
subsidiary activity or trained persons desirous of taking up the venture
on commercial lines are eligible for financial assistance.
REPAYMENT OF LOAN: Medium Term Loan:
Minimum & maximum

repayment period, Mode of repayment
Activity
including gestation (instalments)
period
Quarterly/ Half-yearly/
5-6 years
Sheep Breeding Yearly
Quarterly/ Half-yearly/
Goat Rearing 5-6 years
Yearly
Working Capital:
Working capital loan is to be repaid within maximum period of 1.5

years from the date of advance. If given as cash credit limit, the
facilities shall be renewable every year.
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SCHEME FOR FINANCING PIGGERY DEVELOPMENT:
PURPOSE: For breeding and/or rearing of pigs.
ELIGIBILITY: Farmers/agricultural labourers and individuals

desirous of undertaking piggery as subsidiary activity and the persons
undertaking such activity on commercial lines as main activity.
REPAYMENT OF LOAN:
Production Credit: Working capital loan is to be repaid in a maximum
period of one and half years from the date of advance.
Investment Credit: Repayment of the medium term loan is to be made
in yearly instalments within a period of 5-6 years including gestation
period.
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SCHEME FOR FINANCING PURCHASE OF ANIMAL DRAWN

VEHICLES i.e. CARTS AND DRAFT ANIMALS:
PURPOSE: Loan is given for purchase of draft animals, animal drawn

carts for transport of agriculture inputs & farm produce and other
such purposes.
ELIGIBILITY: Farmers owning minimum 2 acres of land; farmers

having perpetual right of cultivation of minimum 2 acres of land.
Persons belonging to category of `Landless agriculture labour’ are also

financed for purchase of animals and carts for providing self-
employment.
REPAYMENT OF LOAN: Repayment period is fixed through

Monthly/ Quarterly/ Half-yearly intervals as under:
Repayment
Assets Created
Period
Bullocks only 4 years
He buffaloes & drawn carts (Jhota
4-5 years
Buggies)
Camels only 5 years
Bullocks & carts 5-7 years
Animal drawn carts only 5-7 years
Camels & carts 5-7 years
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SCHEME FOR FINANCING APICULTURE (BEE-KEEPING):
PURPOSE: Financial assistance is made available for meeting:
Fixed cost such as Construction of honey houses; purchase of colonies;

purchase of equipments like bee-boxes, honey extractors, smokers &
bee veil, bee knife, hive tool, queen gate, feeder, solar wax extractor,
plastic drums for storing honey, sting proof rubber gloves, etc.
Recurring Costs such as purchase of foundation sheets, sugar,

medicines, gloves, etc.
ELIGIBILITY: Small and marginal farmer(s)/ agricultural labourer(s)

who are trained in bee keeping and individuals/Association of
persons/Companies who possess adequate experience in bee-keeping
and are desirous of taking up bee-keeping activity on commercial basis.
EXTENT & NATURE OF LOAN: Need based term loan. Provision for
initial recurring costs also forms an integral part of term loan only.
REPAYMENT OF LOAN: Maximum 5 years including gestation

period.
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SCHEME FOR FINANCING KITCHEN GARDENING:
PURPOSE: Loan is given for initial expenditure on fencing, purchase

of inputs like seeds, fertilizers, plant protection chemicals, Land
development, Small gardening equipments.
ELIGIBILITY: Applicant be employed in a Government/Semi-

Government unit or in a Co-operative/Private Sector Organization of
repute. However, he/she should not be working as an ad-hoc employee;
Professional and self-employed person having previous dealings with
the financing branch; Pensioner of Central/State Government or other
Government Undertakings and should be having pension account with
financing branch; Wives of employees of Government/Semi
Government bodies and other organizations as aforesaid are also
eligible provided loan for the purpose has not been raised by their
husbands; Staff members are also eligible provided they have sufficient
space to undertake such activities; Applicant must have vacant land
in/around residential house with right to use such land; He/she should
have a deposit account with bank for at least six months; The applicant
should have adequate income for repayment of loan.
NATURE & EXTENT OF LOAN: Short term loan upto Rs.5000/-.
REPAYMENT OF LOAN: One year.
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SCHEME FOR FINANCING GREEN HOUSES:
PURPOSE: Construction of green houses, purchase of

equipments/machinery/inputs and other requirements including post
harvest operations and marketing.
ELIGIBILITY: Progressive farmers who own required agricultural

land, having some experience/training in green houses and are
following modern Agricultural technologies.
NATURE & EXTENT OF LOAN: Need based. Medium term loan for
construction of green house, purchase of equipments, machineries etc.
Short term loan for purchase of inputs, labor and post harvest
operations may be given under bank's KCC scheme.
REPAYMENT OF LOAN: 5-7 years. For short term credit, repayment

period may be of one year or as per KCC scheme..
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PNB KALYANI CARD SCHEME :
PURPOSE: For meeting working capital requirement of

agriculture/allied agricultural activities/ non-farm activities.
ELIGIBILITY:Literate/illiterate women dwelling in rural/semi-urban

areas who have attained the age of majority shall be eligible under the
scheme.
NATURE & EXTENT OF LOAN: Cash Credit. Rs. 50000

REPAYMENT OF LOAN: 12 months
Top
PNB GENERAL CREDIT CARD(GCC):
PURPOSE: To provide hassle-free credit to bank's customers based on

the assessment of cash flow without insistence on security, purpose or
end-use of the credit. This is given as cash-credit with limit no end-use
stipulation.
ELIGIBILITY:Bank's individual customers with sources of adequate

income in rural and semi-urban areas.
NATURE & EXTENT OF LOAN: Maximum Rs.25000.
REPAYMENT OF LOAN: GCC limit shall be repayable in 12 months

with the following stipulations:
Aggregate credits into the account during 12 months period should

atleast be equal to the maximum outstanding in the account.
No drawal in the account should remain outstanding for more than 12

months
Top
PNB KRISHAK SATHI SCHEME (KSS):
PURPOSE:Providing finance to the farmers to redeem their

outstanding dues to moneylenders.
ELIGIBILITY:All farmers including small & marginal farmers, tenant

farmers, oral lessees, sharecroppers
NATURE & EXTENT OF LOAN: Maximum Rs 50000
REPAYMENT OF LOAN: The loan shall be repaid by the farmers in

5-7 years including a maximum moratorium period of 12 months with a
half-yearly/yearly installments
MARGIN NORMS FOR AGRICULTURE ADVANCES:
(a) For production and/or Investment Credit:
Amount of loan Margin

Upto Rs.50,000/- Nil
Above Rs.50,000/- to Rs.2 lakh 5%
Above Rs.2 lakh to Rs.5 lakh 10%
Above Rs.5 lakh 25%
b) Under PNB Krishi Card Scheme and PNB Kisan Sampurna Yojana :

Upto Rs.2 lakh Nil

(c) Under the Scheme of Agri-Clinics/Agri-Business Centres :

Upto Rs
Finance for Women (Including Housewives)

PNB enables housewives and other ladies to supplement family incomes and to
use their spare time profitably through this scheme by taking up projects as
artisans, or under village and cottage industries, SSI, small business and retail
trade. Industrial projects requiring higher assistance may also be considered under
the scheme of financing small-scale industries.
Eligibility
Any Woman/Housewife, 18 years of age and above, living at a place for more than
6 months, who has not been a member of any industrial co-operative society and
not indebted to any cooperative or state agency.
Amount of
loan
Need based, subject to ceiling of Rs.25,000/- per borrower for purchase of

machinery/equipment etc. and meeting working capital requirement of one
operating cycle.
Margin: Nil
Security
Pledge/hypothecation/mortgage of assets created out of bank loan. No collateral

security/3rd party guarantee is required.
Rate of
Interest
11.50% p.a (PTLR)*
* This is subject to change from time to time.
Insuranc
e
Generally speaking, insurance against fire, theft, burglary and/or any other special
risk to safeguard the bank's interest in the light of circumstances prevailing and
depending upon the nature of securities/the premises in which the security is/will
be lying with bank clause, will be taken and kept in force. and also on the bank
record.
Repayment
The term loan/composite term loan will be adjusted along with interest in 36
monthly installments starting 3 to 6 months from the date of availment depending
upon generation of surplus. The borrower will be required to open a savings fund
account with the bank in which she must deposit once every fortnight net income
after spending such amount out of it as needed for meeting the working/living
expenses. She shall also undertake to maintain such balance in her savings fund
account at the end of each month as would enable the bank to debit the said
account with monthly installment towards adjustment of the loan.
Disbursemen
t
The amount of loan for purchase of equipment shall be paid directly to the supplier.
Advances against raw material will be made either in the form of pay order in
favour of the supplier or on the presentation of bill to the bank indicating that the
material has been delivered to the borrower. In respect of requirements of petty
items, cost not exceeding Rs.800/- per item, the amount may be released either to
the borrower or to the supplier as convenient in cash up to Rs.3000/- for purchase
of tools, equipment and raw materials on merits without insisting for performa bills,
cash-memo(s) etc.
Mahila Udyam Nidhi Scheme

This scheme aims to provide soft loan (Quasi equity) assistance to women entrepreneurs
besides usual term loans for setting up industrial units in the small scale and tiny sector, as also
for undertaking service activities eligible for assistance under the SIDBI refinance scheme.
Eligibility
New projects in tiny and small-scale sectors for manufacture, preservation or
processing of goods (Tiny enterprises would include all industrial units and services
industries (except Road Transport Operators) satisfying the investment ceiling.
Existing tiny and small scale industrial units and service enterprises as mentioned
above (including those which have availed of this loan earlier) for undertaking
expansion, modernisation, technology upgradation and diversification.
Sick units in the tiny and small-scale sectors including service enterprises as
mentioned above, which are considered potentially viable.
All industrial activities and service activities (except Road Transport Operators) in
the SSI sector.
Projects which avail of any margin money or seed/special capital assistance under
the schemes of Central/State Governments, State Financial Corporation and other
state level institutions or banks (except State investment subsidy) are not eligible
for assistance under the scheme.
Project Outlay
Project cost (including margin money for working capital) should not exceed Rs.10.00 lakh in
case of new projects. In the case of existing units and service enterprises, the outlay on
expansion/modernisation/technology upgradation, or diversification or rehabilitation should not
exceed Rs.10.00 lakh per project.
Amount of soft loan
Soft loan up to 25% of the project cost with a ceiling of Rs.2.50 lakh per project to meet the gap
in equity as per prescribed Debt Equity Ratio (DER) of 1.857:1 (excluding State subsidy which
may be retained for meeting working capital) after taking into account the promotors' own
contribution equivalent to 10% of the project cost. In addition, term loan may be sanctioned as
per usual norms under Refinance Scheme of SIDBI.
Security
Hypothecation of the articles purchased. 3rd party guarantee acceptable to the bank. No
security including collateral security will be insisted upon from borrowers in respect of soft loan.
Rate of Interest
Soft loan: Only service charge @ 1% p.a. is payable, which may be retained by
lending office.
Term Loan: As per interest rates advised from time to time or structure under
Refinance Scheme as fixed by SIDBI from time to time, in case refinance has been
availed. For such prevailing rates, the concerned branch may be contacted.
Repayment
Soft loan is repayable within 10 years (inclusive of initial moratorium period of not more than
five years). However, the period of repayment of soft loan will be co-terminus with that of term
loan.
Extent of Refinance/Reimbursement of the Soft Loan

Term Loan: As provided under the Refinance Scheme.
Soft Loan: Soft Loan is reimbursed to the extent of 100%.
Disbursement
Soft loan is to be released in accordance with terms and conditions of sanction
thereof and after the promoter(s) has (have) brought in her (their) own contribution
in full.
Bank has to act as agent of SIDBI for sanction, disbursement and recovery of soft
loan.
PROFILE
With over 38 million satisfied customers and 4668 offices, PNB has
continued to retain its leadership position among the nationalized banks.
The bank enjoys strong fundamentals, large franchise value and good brand
image. Besides being ranked as one of India's top service brands, PNB has
remained fully committed to its guiding principles of sound and prudent
banking. Apart from offering banking products, the bank has also entered
the credit card & debit card business; bullion business; life and non-life
insurance business; Gold coins & asset management business, etc.
Since its humble beginning in 1895 with the distinction of being the first
Indian bank to have been started with Indian capital, PNB has achieved
significant growth in business which at the end of March 2009 amounted to
Rs 3,64,463 crore. Today, with assets of more than Rs 2,46,900 crore, PNB
is ranked as the 3rd largest bank in the country (after SBI and ICICI Bank)
and has the 2nd largest network of branches (4668 including 238 extension
counters and 3 overseas offices).During the FY 2008-09, with 39% share of
low cost deposits, the bank achieved a net profit of Rs 3,091 crore,
maintaining its number ONE position amongst nationalized banks. Bank
has a strong capital base with capital adequacy ratio as per Basel II at
14.03% with Tier I and Tier II capital ratio at 8.98% and 5.05% respectively
as on March’09. As on March’09, the Bank has the Gross and Net NPA
ratio of only 1.77% and 0.17% respectively. During the FY 2008-09, its’
ratio of priority sector credit to adjusted net bank credit at 41.53% &
agriculture credit to adjusted net bank credit at 19.72% was also higher than
the respective national goals of 40% & 18%.
PNB has always looked at technology as a key facilitator to provide better
customer service and ensured that its ‘IT strategy’ follows the ‘Business
strategy’ so as to arrive at “Best Fit”. The bank has made rapid strides in
this direction. Alongwith the achievement of 100% branch computerization,
one of the major achievements of the Bank is covering all the branches of
the Bank under Core Banking Solution (CBS), thus covering 100% of it’s
business and providing ‘Anytime Anywhere’ banking facility to all
customers including customers of more than 2000 rural branches. The bank
has also been offering Internet banking services to the customers of CBS
branches like booking of tickets, payment of bills of utilities, purchase of
airline tickets etc.Towards developing a cost effective alternative channels
of delivery, the bank with more than 2150 ATMs has the largest ATM
network amongst Nationalised Banks.
With the help of advanced technology, the Bank has been a frontrunner in
the industry so far as the initiatives for Financial Inclusion is concerned.
With it’s policy of inclusive growth in the Indo-Gangetic belt, the Bank’s
mission is “Banking for Unbanked”. The Bank has launched a drive for
biometric smart card based technology enabled Financial Inclusion with the
help of Business Correspondents/Business Facilitators (BC/BF) so as to
reach out to the last mile customer. The BC/BF will address the outreach
issue while technology will provide cost effective and transparent services.
The Bank has started several innovative initiatives for marginal groups like
rickshaw pullers, vegetable vendors, diary farmers, construction workers,
etc. The Bank has already achieved 100% financial inclusion in 21,408
villages.
Backed by strong domestic performance, the bank is planning to realize its
global aspirations. In order to increase its international presence, the Bank
continues its selective foray in international markets with presence in
Hongkong, Dubai, Kazakhstan, UK, Shanghai, Singapore, Kabul and
Norway. A second branch in Hongkong at Kowloon was opened in the first
week of April’09. Bank is also in the process of establishing its presence in
China, Bhutan, DIFC Dubai, Canada and Singapore. The bank also has a
joint venture with Everest Bank Ltd. (EBL), Nepal. Under the long term
vision, Bank proposes to start its operation in Fiji Island, Australia and
Indonesia. Bank continues with its goal to become a household brand with
global expertise.
Amongst Top 1000 Banks in the World, ‘The Banker’ listed PNB at 250th
place. Further, PNB is at the 1166th position among 48 Indian firms making
it to a list of the world’s biggest companies compiled by the US magazine
‘Forbes’.
Financial Performance:
Punjab National Bank continues to maintain its frontline position in the
Indian banking industry. In particular, the bank has retained its NUMBER
ONE position among the nationalized banks in terms of number of
branches, Deposit, Advances, total Business, operating and net profit in the
year 2008-09. The impressive operational and financial performance has
been brought about by Bank’s focus on customer based business with thrust
on SME, Agriculture, more inclusive approach to banking; better asset
liability management; improved margin management, thrust on recovery
and increased efficiency in core operations of the Bank. The performance
highlights of the bank in terms of business and profit are shown below:
Parameters Mar'07 Mar'08 Mar'09 CRAR

Operating Profit* 3617 4006 5744 26.02
Net Profit* 1540 2049 3091 41.67
Deposit 139860 166457 209760 22.47
Advance 96597 119502 154703 26.55
Total Business 236456 285959 364463 24.15
(Rs.Crores)
* Respective figure for the corresponding financial year
AN OPPORTUNITY TO ACHIEVE YOUR FINANCIAL GOALS
In an endeavor to enlarge the range of services available to our

customers, PNB has been distributing the products of Principal PNB
Asset Management Company Pvt. Ltd. from its designated branches,
since July, 2004.
To provide variety of Mutual Fund Products to its customers, Now the Bank
has also started the Distribution & Marketing of UTI Mutual Fund
Products. .
In recent times Mutual funds have gained rapid popularity as a good

investment vehicle and public at large is attracted towards MF investment,
which has variety of schemes and income options offered by Mutual Funds
which can suit the financial preferences of all classes of investors, be it
Retail, Corporate or Institutional.
The following benefits, intrinsic to investments in Mutual Funds have

inspired greater confidence amongst the investors :-
Transparency
Efficient Performance
Liquidity
Convenience
Tax benefits
Range of schemes:
Mutual Funds offer schemes keeping in view the risk profile and risk-return
preferences of investors. For an aggressive investor with appetite for risk,
Equity oriented schemes are available which have a higher potential for
capital appreciation. For a conservative investor with expectations of stable
returns and low risk, Income Schemes are available.
To suit various type of requirements of the investors, some of the schemes

of Principal PNB AMC & UTI AMC are as under:
PRINCIPAL PNB AMC:
Principal Growth Scheme:

Open-ended equity fund with an investment portfolio of stocks diversified
across different sectors of the economy.
Principal balanced Fund:

Open ended fund with an equity (diversified) component of 51% to 70%
and Debt component (including Money Market) 30% to 49%.
Principal Income Fund:

Open-ended fund with up to 100% investment in Debt instruments
(including Money Market instruments and securitized debt)
Principal Income Fund – Short Term Plan:

The scheme is meant for investors seeking stable returns over shorter-term
investment horizons compared to the Principal Income Fund.
Principal Cash management Fund:

An Open-ended fund that invests 100% of its corpus in Money Market
instruments and seeks to provide an excellent avenue to park very short
term cash surpluses and earn returns linked to the call money market rates.
Principal Index Fund:

An Open-ended fund that tracks S&P CNX Nifty (NSE) closely. The aim of
the fund is to provide its investors returns commensurate with the Nifty.
Principal Large Cap Fund:

An open-ended scheme to invest in the stocks of the companies having a
large market capitalization. The fund is suitable for investors interested in
long term capital appreciation.
Principal Child Benefit Fund
The scheme is suitable for an investor seeking long-term growth and
accumulation of capital for the beneficiary.
The objective of the scheme is to generate regular returns and/or capital
appreciation / accretion with the aim of giving lump sum capital growth at
the end of the chosen target period or otherwise to the Beneficiary.
Principal Global Opportunities Fund

It is an open-ended growth fund. The fund is suitable for investors who
would like to diversify investments into other markets / securities by taking
advantage of the potential growth in the global markets and thereby reduce
the risk of having a portfolio predominantly invested in India.
The investment objective of the scheme is to build a high quality.

International Equity portfolio out of the permissible investments as defined
and permitted under the regulations from time to time and provide returns
and/or capital appreciation along with regular liquidity to the investors.
Principal Infrastructure & Service Sector Fund:

An open-ended Equity Scheme with an objective to provide capital
appreciation and income distribution by investing predominantly in
Equity/Equity related instruments of Infrastructure & Service Sector
companies..
Principal Tax Savings Fund:

An open-ended Equity linked savings scheme suitable for investors seeking
income tax deductions under section 80C(2) of Income Tax Act along with
long-term equity-market returns from investment in equities.
Principal Personal Tax Saver Fund:

The scheme is suitable for investors seeking income tax deductions under
section 80C(2) of ITA along with long term equity-market returns from
investment in equities.
Principal Monthly Income Plan:

An open-ended income scheme having periodical distribution with no
assured monthly returns. MIP attempts to provide income on a monthly
basis and is, therefore, particularly suited for investors seeking regular
source of income.
(For more details please read the Offer form or visit official site of
AMC www.principalindia.com and Toll Free no. 1800 22 5600 )
UTI MUTUAL FUND:

UTI Infrastructure Fund:
(Formerly known as UTI-BASIC INDUSTRIES FUND)
An open ended equity fund with the objective to provide Capital
appreciation through investing in the stocks of the companies engaged in
the sectors like Metals, Building Materials, Oil & Gas, Power, Chemicals,
Engg. etc.
UTI Mid Cap Fund :

An open ended equity fund with the objective to provide ‘Capital
appreciation’ by investing primarily in Mid Cap stocks.
UTI Large Cap Fund:

An open ended equity Fund with the objective to provide capital
appreciation through investment in top 50 companies in terms of market
capitalization.
UTI Services Sector Fund:

An open-ended fund which invests in the equities of the Services Sector
companies of the country. One of the growth sector funds aiming to provide
growth of capital over a period of time as well as to make income
distribution by investing the funds in stocks of companies engaged in
service sector such as banking, finance, insurance, education, training,
telecom, travel, entertainment, hotels, etc.
UTI Leadership Equity Fund:

The scheme seeks to generate capital appreciation and / or income
distribution by investing the funds in stocks that are “Leader” in their
respective industries /sectors / sub-sector.
UTI Dividend Yield Fund:

An open-ended equity scheme. It aims to provide medium to long term
capital gains and/or dividend distribution by investing predominantly in
equity and equity related instruments which offer high dividend yield.
UTI Index Select Fund:

An open-ended equity fund with the objective to invest in select stocks of
the BSE Sensex and the S&P CNX Nifty. The fund does not replicate any
of the indices but aims to attain performance better than the performance of
the indices.
UTI Equity Fund:

UTI Equity Fund is open-ended equity scheme with an objective of
investing at least 80% of its funds in equity and equity related instrument
with medium to high risk profile and upto 20% in debt and money market
instruments with low to medium risk profile.
UTI Children’s Career Plan (Balanced):

An open-ended debt oriented fund with investment in Debt/G-sec of
minimum 60% and a maximum of 40% in Equity. Investment can be made
in the name of the children upto the age of 15 years so as to provide them,
after they attain the age of 18 years, a means to receive scholarship to meet
the cost of higher education and/or to help them in setting up a profession,
practice or business or enabling them to set up home or finance the cost of
other social obligation.
For more details please visit official site of UTI Mutual fund -
www.utimf.com or Toll Free no. 1800 22 1230
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NAV-
(Net Asset Value)
To know the latest NAV (Net Asset Value) the investor can visit the
respective site of AMCs i.e. www.principalindia.com OR
www.utimf.com
OR
www.amfiindia.com where NAV of all the Mutual Funds are available.
########
Investments in Mutual Funds have options like Systematic Investment

Plans, systematic withdrawal plan, Trigger Option, Automatic
Rebalancing, Dividend Payout, Dividend Re-investment, etc that enable
you to get the most out of your investment in Mutual Funds.
Distribution Reach
The distribution services of Mutual Fund products of

Principal PNB Mutual Fund & UTI Mutual Fund are available
at select branches of all the Zones of PNB across the country.
Risk Profile
Mutual Fund investments are subject to market risks. Please read the
offer document of the scheme/s carefully for details on risk factors
before investment.
Punjab National Bank does not guarantee any assured returns for your
investments through Mutual Fund.
PRINCIPAL PNB MUTUAL FUND
UTI MUTUAL FUND
Non Resident (External) Accounts Deposit Scheme (NRE)

Non-Resident Indians can open accounts under this scheme. The
account should be opened by the non-resident account holder
himself and not by the holder of power of attorney in India.
Descriptio
n
NRE accounts can be opened by remittances from abroad
in any convertible currency or from transfer of funds from
existing NRE/FCNR accounts held by any person with any
Bank in India. These accounts can be opened at all
branches of Punjab National Bank.
Accounts can also be opened during temporary visits of
NRIs to India against tender of foreign currency traveller
cheques/notes and coins.
The remittance received in foreign currency for opening of
NRE accounts will be converted into Indian rupees at the
prevailing exchange rates.
These accounts can be maintained under
Savings/Current/Recurring and Term Deposit Schemes.
Term Deposits can be accepted for a minimum period of 1 year

and maximum period of 5 years.
Advantages
Principal alongwith interest freely repatriable in the currency
of your choice
The deposit amount will be converted into foreign currency
at the prevailing rates at the time of remittance.
Loans/overdrafts in rupees can be availed by NRI
depositors or 3rd parties against the security of term
deposits. However, loans in foreign currency against NRE
term deposits in India can be availed through our
correspondent Banks
Income from interest on balances held in these accounts is
exempt from Income Tax. Balances held in such accounts
are also exempt from Wealth Tax.
Gifts made to close resident relatives are free from Gift Tax
Facility for automatic renewal of deposits on maturity and
safe custody of Deposit Receipt is also available
ADDITIONAL CONCESSIONS OFFERED UNDER PNB GLOBAL

RUPEE DEPOSIT SCHEME
All account holders maintaining minimum deposit of Rs.250000 will

be
eligible for following concessions in various facilities being offered by
the bank: -
a. Free remittance up to Rs.1 lac per annum from his account to

anywhere in India, subject to recovery of out of pocket expenses.
b. No collection charges on any instrument collected in account

holder’s account, up to Rs.1 lac per annum, from anywhere in India
subject to recovery of out of pocket expenses.
c. Depository services: 50% concessions on service charges of our

bank till the deposits remain with the bank.
d.Free multicity chequebook for CBS branch customers.
e. Free Lockers facility for the customers maintaining a minimum

balance of Rs.500000.
f. No Inter-branch (Intersol) transaction charges for banking

transactions, by the account holders, in the CBS branches
g. Free Internet Banking facility.

h. Bank will bear foreign bank charges on transfer of funds to our
Nostro Accounts subject to minimum deposit of Rs.500000.
i. Facility of automatic renewal of Fixed Deposits on maturity.
j. Linkage with saving account for family at home by allowing

overdraft by marking lien in their FCNR account.
Interest rates on NRE Deposits
Account opening form for Non-Residents Indians (Single and Joint)

Saving Fund/Current Account/ Fixed Deposits
Ordinary Non-Resident Accounts (NRO)
Upon becoming non-resident individuals, existing resident accounts are

classified as NRO accounts.
These accounts can be opened by Non-Resident Indians (NRIs) viz. non-

resident persons of Indian origin or nationality (other than nationals of
Pakistan and Bangladesh).
These accounts can be opened in Indian Rupees in the shape of

current/savings/fixed deposits.
They can be opened jointly with residents with the facility of nomination.
All legitimate dues in rupees (which include local credits also) and proceeds
of foreign remittances can be credited to these accounts. The funds held in
the NRO accounts can be used for all local payments.
Interest rates applicable thereon are same as on resident accounts. These

accounts are subject to deduction of tax by the bank as per Income-Tax
rules.
Funds held in NRO accounts can be repatriated abroad upto USD 1 million
financial year on account of Education, medical and sale proceeds of
immovable property/assets, subject to certain conditions as stipulated by
Reserve Bank of India.
PNB Global Foreign Currency Deposit Scheme
Foreign Currency Non-Resident (Banks)Accounts - "FCNR"
Non-Resident Indians can open accounts under this scheme. The

account should be opened by the non-resident account holder
himself and not by the holder of power of attorney in India.
These deposits can be maintained in 5 designated currencies i.e.

U.S. Dollar (USD), Pound Sterling (GBP) and Euro, Australian Dollar
(AUD) & Canadian Dollar (CAD).
These accounts can only be maintained in the form of terms deposits

for maturities of minimum 1 year to maximum 5 years.
These deposits can be opened with funds remitted from abroad in

convertible foreign currency through normal banking channel, which
are of repatriable nature in terms of general or special permission
granted by Reserve Bank of India.
These accounts can be maintained with our branches, which are

authorised for handling foreign exchange business. (List of branches
authorised for handling foreign exchange business linked at the end).
Funds for opening accounts under PNB Global Foreign Currency

Deposit Scheme or for credit to such accounts should be received
from:
- Remittance from outside India or Traveller Cheques/Currency

Notes tendered on visit to India. International Postal Orders cannot
be accepted for opening or credit to FCNR accounts .
Transfer of funds from existing NRE/FCNR accounts.
If remittance is received in any currency other than USD, GBP, Euro,

AUD & CAD, it will be converted into one of the designated
currencies of remitter’s choice at the risk & cost of the depositor.
Rupee balances in the existing NRE accounts can also be converted

into one of the designated currencies at the prevailing TT selling rate
of that currency for opening of account or for credit to such accounts.
Advantages of FCNR (B) Deposits
- Principal alongwith interest freely repatriable in the currency of your

choice.
- No Exchange Risk as the deposit is maintained in foreign currency.
- Loans/overdrafts in rupees can be availed by NRI depositors or 3rd
parties against the security of these deposits. However, loans in
foreign currency against FCNR (B) deposits in India can be availed
outside India through our correspondent Banks.
- No Wealth Tax & Income Tax is applicable on these deposits.
- Gifts made to close resident relatives are free from Gift Tax.
- Facility for automatic renewal of deposits on maturity and safe
custody of Deposit Receipt is also available.
Payment of Interest
Interest on FCNR (B) deposits is being paid on the basis of 360 days
to a year. However, depositor is eligible to earn interest applicable
for a period of one year if the deposit has completed a period of 365
days.
For deposits upto one year, interest at the applicable rate will be paid
without any compounding effect. In respect of deposits for more than
one year, interest can be paid at intervals of 180 days each and
thereafter for remaining actual number of days. However, depositor
will have the option to receive the interest on maturity with
compounding effect in case of deposits of over one year.
Additional Concessions offered under PNB Global Foreign

Currency Deposit Scheme
All account holders maintaining minimum deposit of USD 5000 or its

equivalent will be eligible for following concessions in various
facilities being offered by the bank: -
a. Free remittance up to Rs.1 lac per annum from his account to

anywhere in India, subject to recovery of out of pocket expenses.
b. No collection charges on any instrument collected in account

holder’s account, up to Rs.1 lac per annum, from anywhere in India
subject to recovery of out of pocket expenses.
c. Depository services: 50% concessions on service charges of our

bank till the deposits remain with the bank.
d. Free multicity chequebook for CBS branch customers.
e. Free Lockers facility for the customers maintaining a minimum

balance of $ 10000 or its equivalent.
f. No Inter-branch (Intersol) transaction charges for banking

transactions, by the account holders, in the CBS branches.i. Free
Internet Banking facility.
g. Bank will bear foreign bank charges on transfer of funds to our

Nostro Accounts subject to minimum deposit of USD 10000 or its
equivalent.
h. Facility of automatic renewal of Fixed Deposits on maturity.
i. Linkage with saving account for family at home by allowing

overdraft by marking lien in their FCNR account.
List of branches authorised for handling foreign exchange business
Interest rates on FCNR (B) Deposits
Resident Foreign Currency Account (RFCA)

A person resident in India can open, hold and maintain a Resident Foreign
Currency (RFC) Account, out of foreign exchange: -
(a) received as pension or any other superannuation or other monetary

benefits from his employer outside India; or
(b) realised on conversion of assets which were acquired, held or owned by
such person when he was resident outside India.
(c) received or acquired as gift or inheritance from a person who was
resident outside India.
(d) acquired or received before the 8th day of July, 1947 or any income
arising or accruing thereon which is held outside India by any person or
acquired as gift or inheritance therefrom.
The funds held in these accounts shall be free from all restrictions regarding
utilisation of foreign currency balances including any restriction on
investment in any form, by whatever name called, outside India.
These deposits can be maintained under Savings, Current and Term

Deposits. Term Deposits can be accepted for a minimum period of 1 month
to maximum period of 5 years.
These accounts can be opened at all branches of Punjab National Bank,

which are authorised for handling foreign exchange business.
Interest rates on RFC Accounts

PNB Bank

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•

The Life and Times of Lala Lajpat Rai

There are few leaders of the pre-independence era who,

Lalaji and Politics

Lala Lajpat Rai and PNB

TOTAL FREEDOM – SAVING FUND SALARY ACCOUNT

Purpose: To offer an attractive Saving Fund Account to

Initial Deposit and Minimum Balance Requirements : Zero

Service Charges : It will be a ZERO CHARGES ACCOUNT,

Other Facilities offered: The following facilities are also be

• Free Cheque: 20 cheques leaves free per annum.

• 50% discount in one locker at the branch convenient to

Zero Balance, Zero Charges

Initial Deposit Amount/

Rate of Interest The overdraft

Demand drafts for

All other guidelines of the Bank

PNB ‘MITRA’ SAVINGS BANK ACCOUNT

NO-FRILLS SAVING BANK ACCOUNT

• For these accounts, minimum

For further information, please contact the

'PNB SMART ROAMER'

The product is aimed at offering Current Account Customers

Sweep in and Sweep out

(subject to maintenance of stipulated 'minimum balance' in the account throughout

i. Free ATM Card;

PNB VAIBHAV– CURRENT ACCOUNT

Big on benefits & advantages

PNB GAURAV– CURRENT ACCOUNT

Spectrum Fixed Deposit Scheme

Initial Deposit of Rs.1000/-only, and thereafter in convenient

For further details, Please contact our nearest Branch.

The features of the Anupam Account Deposit Scheme are as under:

Anupam Account Scheme may be opened in the name of individual(s), sole

Rs.10,000/- and thereafter in multiples of Rs.1000/- thereof.

Overdraft facility shall be permitted through a Current Account and a

The margin on the amount of overdraft against the deposit is

Maturity Period remaining at the time of

5. Third Party Advance

6. Premature withdrawal of Deposit

Further, Fixed Deposit can be accepted in the same Anupam Account on

8. Renewal of Term Deposit on Maturity

Renewal of Fixed Deposit is permitted at your request, if no overdraft is

9. Withdrawable in multiples of Rs.1000/-

You may withdraw any amount before maturity anytime as well in

Multi Benefit Fixed Deposit (MBFD) Scheme

It entitles you to earn interest at term deposit rates on quarterly

For further details, Please contact our nearest Branch.

Recurring Deposit Scheme - EARN LARGE, SAVE SMALL

Swechha Jama Yojna / Flexi RD Scheme

Individuals can open account, singly or jointly, by a minor of the age of

For further details, Please contact our nearest Branch

For Private use

For Individuals / Proprietorship Concerns: 25 times of the monthly net

For New Vehicles: 20%

The vehicle purchased with the amount of loan is to be hypothecated to the

Guarantee / Collateral Security

Click Here to view rate of interest

To meet all types of personal needs.

i) All permanent Defence Personnel including officials of Military Station

- Rs.15000 per month for eligible customers at Metro Centres;

However, for Teachers, Army Jawans, other permanent employees of