Wednesday, April 24, 2024
HomePersonal FinancePNB started a special scheme for traders, in which Rs 1 lakh...

PNB started a special scheme for traders, in which Rs 1 lakh to 25 lakh will be available

If you want to take a loan for business, then PNB Bank has started a scheme for you, named PNB Tatkal Scheme. Through this, loans from 1 lakh to 25 lakh rupees will be given.




Punjab National Bank has started a new scheme, through which traders will be given loans for their business. If you need money now and you want to invest more in your business then you can take advantage of this scheme of PNB. The name of this scheme of PNB is PNB Tatkal Scheme. You can guess from the name of this scheme that you will soon be financially helped in this.

The bank has given this information through its official Twitter handle. According to the information given by the bank, financial help is being given in the form of cash credit and term loan under the PNB Tatkal scheme. In such a situation, know what this loan scheme is and how it can be taken advantage of.

Why has this scheme been started?

This loan is being given to the traders by Punjab National Bank. This loan cannot be taken for buying and constructing any property. Through this, those people will be helped who want to take their business even further.

Who will get the loan?

This loan can be available to private individuals, firms, companies, limited liability partnerships, co-operative societies, trusts etc. Along with this, there are some other conditions of the bank, on fulfillment of which this loan will be given. GST is mandatory for all institutions and they are also required to have filed GST for at least one year. Explain that this loan will be available in two ways, which includes a cash credit and term loan etc.

Up to how much loan can I take?

Through this scheme, traders will be given Rs 1 lakh to Rs 25 lakh.

When will the payment have to be made?

If you take the cash credit limit, then you get one year time for annual renewal. At the same time, 7 years are available for term loans, which can be extended up to 6 months.




How much interest will have to be paid?

If we talk about the interest on the loan, then it will be taken on the basis of the policy guidelines of the bank. If you also want to take this loan, then you can go to the bank branch to get more information about it and collect your money by submitting the necessary documents.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments