Business Loans India : SSI Schemes From Punjab National Bank
Want to be successful and start your own business? It is very simple and easy now for you to start your own business and be the owner of yourself. No one will be there to order or command you while you are doing your business and therefore, there will be no restriction too. So, what can be as good as having an own business and that is why, the business start up loans are being provided. With the help of these loans people will at least get the confidence of getting the financial support that is required while setting up a new business.
Starters can use these loans for a variety of reasons. The offered amount in these loans is helpful for almost all those tasks that are required to be performed in a business. Through these loans you will be able to buy the land or the office building; you can construct it, decorate it with the essential furniture, employ man power and along with these buying raw materials and machines is also possible.
SSI Schemes from Punjab National Bank
The spirit of Enterprise knows no boundaries, irrespective of the scale of operations. Realizing the significance that, SSI Sector contributes 40% of the gross turnover in Manufacturing Sector, gives employment to 283 lakh persons, produces 7500 products and contributes more than 35% of the country’s exports, PNB has formulated a number of measures to provide a impetus for the growth of the SSI Sector.
Amount Of Loan
* Term Loan (Need based).
* Working Capital Loan liberally sanctioned at 20% of projected annual turnover basis.
* Composite Loan Limit has been raised to Rs. 100 Lakh (for Term Loan Working Capital).
Margin : Comfortable margin options available.
* Expedious sanction upto Rs.10.00 Lakh for borrowers having good track record, under Laghu Udyami Card and Rs. 2 lakh under PNB Artisans Credit Card Scheme.
* Simplified Loan Application Forms for convenience of borrowers.
* Loan Applications complete in all respects duly receipted & acknowledged.
* Speedy Processing within specified time norms.
SSI SCHEMES
Sarthak Udyami – Scheme for financing SSI
SME Sahayog Scheme
PNB Vikas Udyami – Scheme for Loans acquisition of ISO – 9000 Series Certification
PNB Pragati Udyami – Scheme for financing SSI related Services / Business Enterprises
PNB Artisan Credit Card – Scheme to provide hassle free financial support to Artisan
PNB Laghu Udyami Credit Card – A simplified Loan Delivery Mechanism
Loans for setting up Industrial Estates
PNB Kushal Udyami
sir,
i want to be started spoken english instiute…….. i have done by B.Tech(IT). i need procedure of a loan detailed.
dear sir/madam,
i m running a business from last 10 years. it is of trading in electrical insulating materials.
so, now i want to expand it. for that i am in a need of liquidity.
so i want to know any appropriate loan scheme that you have.
waiting for your reply
thank you
sir ,
i want to start my own business so want to take a small hotel on lease in himachal . i did hotel managemant frm scvt ( board of technical aducation dharamshala ) . if possible pls let me know the procedure , how i can get the loan .
Dear SIr
Please let me know what is the current interest rate for loan for SSI. My requirement will be @ 25 Lacks. Total cost of Project is 50Lacs.
Dear sir,
I am keen and trying for a long time to start something of my own…i want to start a tyre outlet of a reputed indian brand together with alignment centre in kancheepuram..i wont be able to give any security…the loan amt required will be say 12 to 13 lacs…pls advise me..can i contact ur local bank..thanks and regards
dear sir
i am arun from amritsar. i have unit of all kinds of wire nails.
our cuurent a/c is running last 3 year.i need 5.lakh rs for machenry and other assets.how i can get the ssi loan
dear sir/madam,
i want to start my own business so want to take a electronics shop(digital infotech).
if possible please let me know the procedure , how i can get the loan .
waiting for your reply
thank you.