Business, & agriculture finance

PNB Bill Financing

Advances against inland bills through purchase, discounting or collection; PNB also names bills supported by railway or motor-transport receipts, government-supply bills, third-party demand drafts and cheques.

Bill-discounting rateFor bills under a confirmed inland LC of an approved bank: up to 90 days Repo +1.50%; 91–180 days Repo +1.75%; 181 days to under 1 year Repo +2.00%. If not realized within original tenor, overdue interest is RLLR+BSP (1-year) +6.00%. Other bill cases are priced by the applicable working-capital/clean-OD basis stated in the tariff.Customer typeBorrowers with genuine trade transactions Bill-purchase and discount chargesTariff §10.1 charges vary by instrument and amount: up to ₹10 lakh, flat ₹1,000 for cheques/drafts or 50% of applicable collection charges for bills; above ₹10 lakh, flat ₹3,000. Discount interest and out-of-pocket expenses may also apply. Borrowing accounts use the applicable working-capital rate; non-borrowing accounts use the Clean OD rate. Standalone ILC-backed bill-limit fees and exceptions are separately set out in §3.1.

Official product page ↗Compare category

✓ Manually checked 8 Oct 2026 · active

Offered byPunjab National Bank

See the official bank source for geographic availability.

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

PurposeFinance genuine trade receivables through advances against inland bills.View source

PNB says it provides advances against inland bills for borrowers' genuine trade transactions.

Source: PNB Corporate Loans catalogue
Page / section: Bill Financing card
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

FacilityLimit for bill purchase, bill discounting or advance against bills sent for collection; eligible accompanying documents listed by PNB include RRs, MTRs, government-supply bills, third-party demand drafts and cheques.View source

The complete card names each financing method and the listed transport receipts, government-supply bills, demand drafts and cheques.

Source: PNB Corporate Loans catalogue
Page / section: Bill Financing card
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

The Repo-spread table is expressly limited to bills under confirmed inland of approved banks; it is not generalized to every inland bill.

Source: PNB Other Advances (Not Specified Elsewhere) interest-rate schedule
Page / section: §1.1 confirmed-ILC bill discounting and overdue note
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Bill-purchase and discount chargesTariff §10.1 charges vary by instrument and amount: up to ₹10 lakh, flat ₹1,000 for cheques/drafts or 50% of applicable collection charges for bills; above ₹10 lakh, flat ₹3,000. Discount interest and out-of-pocket expenses may also apply. Borrowing accounts use the applicable working-capital rate; non-borrowing accounts use the Clean OD rate. Standalone ILC-backed bill-limit fees and exceptions are separately set out in §3.1.View source

The §10.1 row distinguishes cheques/drafts from bills and notes the rate basis by borrower relationship; §3.1 includes the standalone bill-limit fee and nil-fee exceptions.

Source: PNB Credit Related Service Charges — corporate facility schedule
Page / section: §§3.1 and 10.1
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Customer typeBorrowers with genuine trade transactionsView source

The manually reviewed product record states: “Borrowers with genuine trade transactions”.

Source: PNB Bill Financing — official product page
Page / section: Published product metadata
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Benefits and features

Purchase, discount or advance against collection of inland bills for genuine trade
PNB also lists bills accompanied by railway receipts, motor-transport receipts, government-supply bills, third-party demand drafts and cheques

Eligibility

The catalogue describes advances to borrowers for genuine trade transactions.

Passing a listed condition does not mean the bank will approve an application.

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹12,647twelve thousand six hundred forty-seven rupees

Interest paid over the full loan₹5,35,300five lakh thirty-five thousand three hundred rupees

Everything you repay₹30,35,300thirty lakh thirty-five thousand three hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableFacility

Loan Against Future Lease Rentals · PNB-published purpose and scopeFor property owners who have let out property in metro, urban, semi-urban or rural centres.

This value is copied from PNB corporate loan catalogue. Check the table notes before relying on it.

Source: PNB Corporate Loans catalogue · Corporate Loans, all eight cards Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 8 rows · 2 columnsPNB corporate loan catalogueAll eight corporate loan facilities and the corresponding purpose published in the PNB catalogue.View tableHide table

Scroll sideways to view every column

PNB corporate loan catalogue
Facility	PNB-published purpose and scope
Loan Against Future Lease Rentals	For property owners who have let out property in metro, urban, semi-urban or rural centres.
Working Capital Financing	Short-term funds for day-to-day business operations.
Project Finance and Infrastructure Finance	Fund and non-fund credit for new projects and expansion, diversification or modernization of existing projects.
Term Loans	Capital expenditure for setting up/starting an industrial unit or new business, and for expansion.
Export Finance	Pre-shipment and post-shipment fund-based and non-fund-based export credit.
Bill Financing	Purchase, discount or advance against collection of inland bills for genuine trade; the card also names RRs, MTRs, government-supply bills, third-party demand drafts and cheques.
Financing Against Future Receivables	Finance against assured receivables for corporate/non-corporate borrowers, including educational institutions, BPO/KPO and BOT road toll/annuity receivables.
Short Term Loan	Business-exigency finance for reputed and corporate customers, for a period not exceeding 12 months.

PNB Corporate Loans catalogue · Corporate Loans, all eight cards · accessed 8 Oct 2026Open official source ↗

Table 2 · 4 rows · 3 columnsConfirmed inland-LC bill discounting rateApplies to bills backed by confirmed inland LCs of approved banks; not a universal rate for every bill-financing transaction.View tableHide table

Scroll sideways to view every column

Confirmed inland-LC bill discounting rate
Bill tenor	Interest formula	Condition
Up to 90 days	Repo rate + 1.50%	Bill must be under a confirmed inland of an approved bank.
91–180 days	Repo rate + 1.75%	Bill must be under a confirmed inland of an approved bank.
181 days to less than 1 year	Repo rate + 2.00%	Bill must be under a confirmed inland of an approved bank.
Not realized within original tenor	+ (1-year) + 6.00%	Charged on the particular bill from its due date for the overdue period.

PNB Other Advances (Not Specified Elsewhere) interest-rate schedule · §1.1 and overdue note; effective 01-07-2025 · accessed 8 Oct 2026Open official source ↗

Table 3 · 6 rows · 3 columnsPNB purchase/discount of bills, cheques and draftsView tableHide table

Scroll sideways to view every column

PNB purchase/discount of bills, cheques and drafts
Instrument / amount	Current charge	Additional rate/cost treatment
Cheques/drafts up to ₹10 lakh	₹1,000 flat	Outstation/local tariff.
Bills up to ₹10 lakh	50% of applicable non-credit-service collection charges	Outstation/local tariff.
Cheques/drafts above ₹10 lakh	₹3,000 flat	Outstation/local tariff.
Bills above ₹10 lakh	₹3,000 flat	Outstation/local tariff.
Discounted bill	Out-of-pocket expenses if any	Discount/interest at applicable rate is additional. Borrowal accounts use the working-capital advance rate; non-borrowal accounts use the Clean rate.
Standalone discount-limit setup for bills backed by PSB/approved-bank ILC	25% of working-capital card rate; minimum ₹500	No processing fee on a standalone bill limit backed by the bank's own ILC. Other stated occasional cheque/bill purchases without a regular limit have a stated nil-processing-charge exception.

PNB Credit Related Service Charges — corporate facility schedule · §§3.1 and 10.1 · accessed 8 Oct 2026Open official source ↗

Table 4 · 8 rows · 2 columnsPNB export-bill crystallization: complete published conditionsView tableHide table

Scroll sideways to view every column

PNB export-bill crystallization: complete published conditions
Event	Published treatment
Foreign-currency bill purchased/negotiated/discounted	Converted to Indian rupees at the appropriate buying rate on the purchase date; PNB assumes the exporter's exchange risk and covers it through interbank operations based on the bank's overall currency position and expected realization.
Bill realized on due/notional due date	Transaction is complete.
Purchased/discounted/negotiated bill becomes overdue	Crystallize on the 15th banking day from due/notional due date.
Purchased/discounted/negotiated bill dishonoured or returned unpaid	Crystallize immediately.
North-East-based exporters	30-day crystallization period as a special dispensation.
Realization after crystallization	Convert at TT buying rate or contracted rate, if any.
Pre-crystallization dishonour	Recover rupee equivalent plus charges at TT selling rate, appropriate interest and rupee charges.
/FCL overdue; account becomes	Overdue foreign-currency liability crystallizes on day 15; on , FC liability converts immediately. FOBD post-shipment FC liability may continue until bill due date after but crystallizes if the bill is not realized on that due date.

PNB Crystallization of Export Bill · Actual page 1, all clauses · accessed 8 Oct 2026Open official source ↗

PNB Bill Financing

What the official sources publish

Benefits and features

Eligibility

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

PNB Arhatia Scheme

PNB Artisan Credit Card

PNB Compressed Bio Gas (CBG) under SATAT Scheme

PNB Short Term Loan for Corporate Customers