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Punjab National Bank
Punjab National Bank is a public sector bank offering business loan with competitive terms for eligible applicants.
Interest Rate
9.50% - 14.00%
Processing Fee
Up to 1.00% of loan amount
Max Loan Amount
Up to ₹5 Crores
Max Tenure
Up to 10 years
Key Benefits
Features
- Collateral-free options for eligible businesses
- Flexible repayment structures
Special Offers
- Pre-approved limits for existing current account holders
Pros & Cons
Advantages
- Lower starting interest rate
- Wide branch network for in-person support
Considerations
- Documentation-heavy, slower processing than private banks
Eligibility
- Minimum 2 years business vintage
- Minimum annual turnover as per bank policy
- Good credit history
Documents Required
- PAN card
- GST returns
- Bank statements (12 months)
- ITR (2 years)
Frequently Asked Questions
Important Disclaimer
- All information provided is for reference purposes only and subject to change.
- Interest rates and fees are indicative and may vary based on your profile and market conditions.
- Loan approval is subject to the bank's terms and conditions and credit assessment.
- Processing-fee cashback, where applicable, is credited only after loan disbursal and unlocks upon EMI completion — it is not available for guest applications.
- Please verify all details with the bank before making any financial decisions.
Ready to apply with Punjab National Bank?
Get your processing fee back as cashback after disbursal.
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