Punjab National Bank (PNB) E-Mudra Loan : Through the Pradhan Mantri Mudra Yojana, loans are given to individuals from different banks by the Government of India. Individuals get loans of up to Rs 10 lakhs from banks in non-corporate, non-agricultural, and industrial sectors. To provide this loan, the Government of India is eligible to get loans from various banks like Bank of Baroda, Central Bank of India, Canara Bank, HDFC Bank, Punjab National Bank, ICICI Bank, Indian National Bank, Gramin Bank.
This loan is also available for women. Nowadays, there are many women who are also working in the industrial sector. Punjab National Bank says that to make a career in the industry, you need money along with hard work. In today’s era, women have also made their careers in the industry, leaving men behind in the competition. With continuous support from government schemes like Mudra Loan for women, women entrepreneurship is the latest trend in India.
Pradhan Mantri Mudra Loan Yojana was launched in 2015. It also helps women entrepreneurs in business through Punjab National Bank (PNB). This scheme was launched to provide ease to women in the financial sector and enable them to move forward in their field. Not only in the industrial sector but women are eligible for these loans for education, job loans, and starting a small business.
Punjab National Bank (PNB) Loan Categories under Mudra Yojana Scheme for Women
This scheme provides loans under three different categories.
- Shishu Loan: In this loan, the maximum loan amount permissible is INR 50,000.
- Kishore Loan: The borrower can avail funds up to a maximum limit of INR 5 lakh under the Kishore category.
- Tarun Loan: This category offers loans ranging from INR 5 lakh to INR 10 lakh.
| Loan Name | PNB E Mudra Loan |
| Bank Name | Punjab National Bank |
| Loan amount | Rs 50,000/- to Rs 10,00,000/- |
| Interest rate | As per rules |
| Loan Repayment | Timing 1 Year to 5 Years |
Important Document
- 1. Identity Proof:PAN Card, Voter ID Card, Passport
- 2. Address Proof: Electricity bill, Voter ID Card, Passport
- 3. GST registration certificate, tax return and business license.
- 4. Financial documents: your bank statements, profit and loss statements and balance sheets.
How to Apply For PNB E Mundra Loan
- First go to the Punjab National Bank website. There will be a section called E-Mudra Loan, click on it.
- After clicking on E-Mudra Loan, there will be an option called Apply. From here you can apply for the loan. First of all, all the information to apply.
- Provide the information requested such as personal details, bank details, business related information, read the loan information and fill the online form accordingly.
- Upload copies of necessary documents. Upload a copy of your ID proof such as Aadhar card, PAN card, Voter ID card for address group, Electricity bill, Business related document agreement, Bank details, Bank statement and Bank passbook.
- After uploading the documents, check the form once.
- Submit the personal form and proceed with the process. When your application for taking a loan is approved, it will tell you. It is only a matter of time when you decide whether it is approved or not.
- Once the loan is approved, you will receive an agreement in which you will have to take your photo and sign. All the information will be given in this agreement.
- The loan amount will be deposited in your bank account only after the entire application process is completed.
Important links
| Apply for loan | Click here |
| Home page | Click here |
