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PNB Export Finance

Fund-based and non-fund-based credit before and after shipment, with published rupee and foreign-currency rate formulas that vary by stage, tenor and internal risk grade.

Export-credit ratesPublished spread formulas vary by currency, pre/post-shipment stage, bill tenor and PNB risk grade. The schedule is effective 01-07-2025; see the complete rate matrix. Current RLLR is 8.35% from 08-10-2026 and one-year MCLR is 8.80% from 01-10-2026; no all-in rate is calculated.Customer typeExporters.PurposeFinance exporters before shipment and after shipment through fund-based and non-fund-based credit facilities.
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PNB Export Finance

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✓ Manually checked 8 Oct 2026 · active
PNB Export Finance
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 exporters before shipment and after shipment through fund-based and non-fund-based credit facilities.View source
PNB names pre-shipment and post-shipment finance in FCY and , and its corporate-loan catalogue says both fund-based and non-fund-based credit facilities.
Source
PNB Forex Services for Exporters and Importers / EXIM Finance
Page / section
Services offered to exporters
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Customer typeExporters.View source
The page groups the published pre-shipment and post-shipment facilities under services offered to exporters.
Source
PNB Forex Services for Exporters and Importers / EXIM Finance
Page / section
Services offered to exporters
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
FacilityPre-shipment and post-shipment fund-based and non-fund-based export credit, in Indian rupees or foreign currency.View source
The product page specifies both currencies and shipment stages; the catalogue identifies fund and non-fund credit facilities.
Source
PNB Forex Services for Exporters and Importers / EXIM Finance
Page / section
Services offered to exporters; corporate loans catalogue
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Export-credit ratesPublished spread formulas vary by currency, pre/post-shipment stage, bill tenor and PNB risk grade. The schedule is effective 01-07-2025; see the complete rate matrix. Current RLLR is 8.35% from 08-10-2026 and one-year MCLR is 8.80% from 01-10-2026; no all-in rate is calculated.View source
The linked page lists exact + and spreads, but applicant-grade and current can vary. The published 2025 schedule effective date is retained.
Source
PNB Other Advances (Not Specified Elsewhere) interest-rate schedule
Page / section
§§2.1–2.2 and overdue/ECNOS rows; current benchmark page
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Export bill currency treatmentFor foreign-currency export bills purchased, negotiated or discounted, PNB converts the foreign-currency amount to rupees at the applicable buying rate on purchase and manages the exchange exposure. An overdue bill is generally crystallized on the 15th banking day after its due/notional due date; dishonoured bills are crystallized immediately. A 30-day period is stated for North-East-based exporters.View source
The entire single-page policy text was read. It also states that post-crystallization realization uses TT buying or a contracted rate and sets distinct consequences for dishonour/ cases.
Source
PNB Crystallization of Export Bill
Page / section
Actual page 1, clauses I–II
Accessed
8 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Pre-shipment and post-shipment finance in Indian rupees and foreign currency
  • Published rate formulas vary by financing currency, shipment stage, bill tenor and PNB internal risk grade
  • Export-bill handling and foreign-exchange services are listed separately from the credit facility

Related official documents

PNB Download Forms directory — corporate lending checklist scope reviewofficial-forms-directory · relevant-form-directory-scope-reviewed · accessed 8 Oct 2026
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PNB Corporate Loans catalogueofficial-product-catalogue · all-corporate-catalogue-rows-reviewed · accessed 8 Oct 2026
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PNB Credit Related Service Charges — processing and term-loan fee scopeofficial-service-charge-page · reused-current-fee-scope-reviewed-not-applied-generically · accessed 8 Oct 2026
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PNB Interest Rates on Advances — current MCLR and RLLR benchmarksofficial-bank-rate-page · reused-current-benchmark-reviewed-2026-10-08 · accessed 8 Oct 2026
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PNB Forex Services for Exporters and Importers / EXIM Financeofficial-product-page · complete-product-content-reviewed · accessed 8 Oct 2026
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PNB Crystallization of Export Billofficial-policy-pdf · all-one-page-text-reviewed-visual-render-blocked · accessed 8 Oct 2026
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PNB Other Advances (Not Specified Elsewhere) interest-rate scheduleofficial-interest-rate-page · shared-official-rate-sections-reviewed-exact-applicability-mapped · accessed 8 Oct 2026
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Loan repayment estimate

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One monthly payment₹21,459twenty-one thousand four hundred fifty-nine rupees
Interest paid over the full loan₹26,50,118twenty-six lakh fifty thousand one hundred eighteen rupees
Everything you repay₹51,50,118fifty-one lakh fifty thousand one hundred eighteen rupees

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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

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PNB corporate loan catalogue
FacilityPNB-published purpose and scope
Loan Against Future Lease RentalsFor property owners who have let out property in metro, urban, semi-urban or rural centres.
Working Capital FinancingShort-term funds for day-to-day business operations.
Project Finance and Infrastructure FinanceFund and non-fund credit for new projects and expansion, diversification or modernization of existing projects.
Term LoansCapital expenditure for setting up/starting an industrial unit or new business, and for expansion.
Export FinancePre-shipment and post-shipment fund-based and non-fund-based export credit.
Bill FinancingPurchase, 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 ReceivablesFinance against assured receivables for corporate/non-corporate borrowers, including educational institutions, BPO/KPO and BOT road toll/annuity receivables.
Short Term LoanBusiness-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 · 27 rows · 5 columnsPNB export-credit rate formulas by currency, stage, tenor and internal gradePublished schedule effective 1 July 2025. Spreads are added to the stated benchmark; current RLLR/MCLR values are separately dated and no all-in rate is calculated.View tableHide table

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PNB export-credit rate formulas by currency, stage, tenor and internal grade
CurrencyStage / bill typeTenorInternal gradeRate formula
Foreign currencyPre-shipmentUp to 270 daysPNB-A1 to A4 + + 0.45%
Foreign currencyPre-shipmentUp to 270 daysPNB-B1/B2 + + 0.65%
Foreign currencyPre-shipmentUp to 270 daysPNB-B3 and below + + 0.85%
Foreign currencyPre-shipmentAbove 270 to 360 daysPNB-A1 to A4 + + 0.55%
Foreign currencyPre-shipmentAbove 270 to 360 daysPNB-B1/B2 + + 0.75%
Foreign currencyPre-shipmentAbove 270 to 360 daysPNB-B3 and below + + 0.95%
Foreign currencyPost-shipment, on-demand bill for FEDAI transit periodTransit periodPNB-A1 to A4 + + 0.40%
Foreign currencyPost-shipment, on-demand bill for FEDAI transit periodTransit periodPNB-B1/B2 + + 0.60%
Foreign currencyPost-shipment, on-demand bill for FEDAI transit periodTransit periodPNB-B3 and below + + 0.80%
Foreign currencyPost-shipment usance billUp to 270 days, including usance, FEDAI transit and applicable grace periodPNB-A1 to A4 + + 0.50%
Foreign currencyPost-shipment usance billUp to 270 days, including usance, FEDAI transit and applicable grace periodPNB-B1/B2 + + 0.70%
Foreign currencyPost-shipment usance billUp to 270 days, including usance, FEDAI transit and applicable grace periodPNB-B3 and below + + 0.90%
Indian rupeesPre-shipmentUp to 270 daysPNB-A1 to A4 + 0.40%
Indian rupeesPre-shipmentUp to 270 daysPNB-B1/B2 + 0.65%
Indian rupeesPre-shipmentUp to 270 daysPNB-B3 and below + 0.80%
Indian rupeesPre-shipmentAbove 270 to 360 daysPNB-A1 to A4 + 0.50%
Indian rupeesPre-shipmentAbove 270 to 360 daysPNB-B1/B2 + 0.75%
Indian rupeesPre-shipmentAbove 270 to 360 daysPNB-B3 and below + 0.90%
Indian rupeesPost-shipment, on-demand bill for FEDAI transit periodTransit periodPNB-A1 to A4 + 0.25%
Indian rupeesPost-shipment, on-demand bill for FEDAI transit periodTransit periodPNB-B1/B2 + 0.40%
Indian rupeesPost-shipment, on-demand bill for FEDAI transit periodTransit periodPNB-B3 and below + 0.55%
Indian rupeesPost-shipment usance billUp to 270 days, including usance, FEDAI transit and applicable grace periodPNB-A1 to A4 + 0.45%
Indian rupeesPost-shipment usance billUp to 270 days, including usance, FEDAI transit and applicable grace periodPNB-B1/B2 + 0.60%
Indian rupeesPost-shipment usance billUp to 270 days, including usance, FEDAI transit and applicable grace periodPNB-B3 and below + 0.75%
Gold Card exporter concessionEligible export creditAs applicableEligible under PNB Gold Card Scheme0.25 percentage-point concession
Overdue export billsOverdue more than 180 days from advance; after due dateOverdue periodAs stated in schedule + + 4.00% / 1-year + 4.00%
Export credit not otherwise specified (ECNOS)Other export creditAs stated in scheduleAs stated in schedule + + 6.00% / 1-year + 6.00%
PNB Other Advances (Not Specified Elsewhere) interest-rate schedule · §§2.1–2.2; overdue and ECNOS rows; effective 01-07-2025 · accessed 8 Oct 2026Open official source ↗
Table 3 · 8 rows · 2 columnsPNB export-bill crystallization: complete published conditionsView tableHide table

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PNB export-bill crystallization: complete published conditions
EventPublished treatment
Foreign-currency bill purchased/negotiated/discountedConverted 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 dateTransaction is complete.
Purchased/discounted/negotiated bill becomes overdueCrystallize on the 15th banking day from due/notional due date.
Purchased/discounted/negotiated bill dishonoured or returned unpaidCrystallize immediately.
North-East-based exporters30-day crystallization period as a special dispensation.
Realization after crystallizationConvert at TT buying rate or contracted rate, if any.
Pre-crystallization dishonourRecover 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 ↗

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