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PNB Scheme for Financing to Start-Up

Startup finance from ₹1 crore to ₹50 crore for eligible innovation or scalable businesses, through cash credit, term loan, overdraft and non-fund-based / facilities.

Finance amount₹1 crore to ₹50 crore.Customer typeDPIIT- or state-Government-recognized startups in MSME, agriculture and allied services meeting PNB's published criteriaSecurity and guaranteesHypothecation/mortgage of assets, if any; collateral/personal guarantee where available; promoters' share pledge from 10% to 28%; CGTMSE cover may be available for loans up to ₹5 crore; and NCGTC's startup credit-guarantee scheme is stated up to ₹10 crore per borrower.
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Quick eligibility check

PNB Scheme for Financing to Start-Up

0 of 7 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Private limited company, registered partnership or LLP?

Published source: Startup eligibility

2Do you meet this requirement: registered/recognized by DPIIT, Government of India or a State Government?

Published source: Startup eligibility

3Do you meet this requirement: 1–10 years from incorporation/registration?

Published source: Startup eligibility

4Does your annual turnover meet this requirement: turnover not above ₹100 crore in any financial year after incorporation/registration?

Published source: Startup eligibility

5Do you meet this requirement: promoter holds at least 51% equity?

Published source: Startup eligibility

6Document checkDo you have at least one of these required documents: PNB's linked MSME checklist is indicative, not startup-specific or exhaustive: identity/address and business details; applicable Udyam/GST registration; recent bank statements; financial statements and tax returns; projections; promoter/guarantor assets and liabilities; and, for term finance, project report, approvals and security/title documents as applicable. PNB's linked MSME application form is PNB-1016 above ₹1 crore and below ₹2 crore, or its above-₹2-crore form?

Published source: Documents

7Document checkDo you have at least one of these required documents: PNB's linked MSME checklist is indicative, not startup-specific or exhaustive: identity/address and business details?

Published source: Documents
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 5 Oct 2026 · active
Offered byPunjab National Bank

India

Key facts

What the official sources publish

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

PurposeStartup finance in MSME, agriculture and allied services for prototype/product/website/app development; hiring; legal/consulting and pre-operative costs; equipment; licences/certifications; marketing/sales; office/administration; furnishing/renovation; advances against future receivables of reputed firms/companies; and working capital.View source
The scheme names , agriculture and allied services, and lists eleven categories of startup funding requirement.
Source
Scheme for Financing to Start-Up
Page / section
page 1, sections 1 and 3 — Objective/Purpose and indicative funding requirement
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Startup eligibilityPrivate limited company, registered partnership or LLP; registered/recognized by DPIIT, Government of India or a State Government; 1–10 years from incorporation/registration; turnover not above ₹100 crore in any financial year after incorporation/registration; promoter holds at least 51% equity; meets the innovation/development/improvement or scalable employment/wealth-creation test; and is not formed by splitting or reconstructing an existing business. A DPIIT-recognized startup that does not satisfy the listed criteria may still be considered on the merits under current Bank guidelines.View source
The publishes the entity forms, recognition, age, turnover, ownership and business-model tests plus a separate merits route for startups.
Source
Scheme for Financing to Start-Up
Page / section
page 1, section 2 — Eligibility, clauses a–g and merits exception
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
FacilitiesFund-based: cash credit, term loan including preliminary and pre-operative expenses, and overdraft. Non-fund-based: letter of credit and bank guarantee.View source
The sheet separates fund-based and non-fund-based facility types.
Source
Scheme for Financing to Start-Up
Page / section
pages 1–2, sections 5(a)–(b) — Facility
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Finance amount₹1 crore to ₹50 crore.View source
The source publishes a ₹1 crore minimum and ₹50 crore maximum.
Source
Scheme for Financing to Start-Up
Page / section
page 1, section 4 — Quantum of Finance
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Margin and equity timingMinimum 25% margin. Funding is to follow only after equity is tied up/fully funded.View source
The sheet states the minimum margin and that financing follows when equity is tied up/fully funded.
Source
Scheme for Financing to Start-Up
Page / section
page 2, section 6 — Margin
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Security and guaranteesHypothecation/mortgage of assets, if any; collateral/personal guarantee where available; promoters' share pledge from 10% to 28%; CGTMSE cover may be available for loans up to ₹5 crore; and NCGTC's startup credit-guarantee scheme is stated up to ₹10 crore per borrower.View source
The publishes asset security, optional guarantee/collateral language, share-pledge range and two distinct guarantee limits.
Source
Scheme for Financing to Start-Up
Page / section
page 2, section 7 — Security, clauses a–e
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Scheme chargesUpfront, processing, inspection and commitment charges are to be waived; out-of-pocket expenses are recovered from the borrower. The PDF does not state a separate prepayment penalty term.View source
The scheme waives the four named charge types but states out-of-pocket expenses are recovered; no separate prepayment charge is listed.
Source
Scheme for Financing to Start-Up
Page / section
page 2, section 8 — Service Charges
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
PNB Scheme for Financing to Start-Up — official product page
Page / section
Published product metadata
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Customer typeDPIIT- or state-Government-recognized startups in MSME, agriculture and allied services meeting PNB's published criteriaView source
The manually reviewed product record states: “- or state-Government-recognized startups in , agriculture and allied services meeting PNB's published criteria”.
Source
PNB Scheme for Financing to Start-Up — official product page
Page / section
Published product metadata
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Turnover / vintagePrivate limited company, registered partnership or LLP; DPIIT/Government of India or state recognition; startup age 1–10 years; turnover not above ₹100 crore in any financial year after incorporation/registration; promoter holds at least 51% equity; innovation or scalable employment/wealth-creation model; not formed by splitting/reconstructing an existing business.View source
The manually reviewed product record states: “Private limited company, registered partnership or ; /Government of India or state recognition; startup age 1–10 years; turnover not above ₹100 crore in any financial year after incorporation/registration; promoter holds at least 51% equity; innovation or scalable employment/wealth-creation model; not formed by splitting/reconstructing an existing business.”.
Source
PNB Scheme for Financing to Start-Up — official product page
Page / section
Published product metadata
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
DocumentsPNB's linked MSME checklist is indicative, not startup-specific or exhaustive: identity/address and business details; applicable Udyam/GST registration; recent bank statements; financial statements and tax returns; projections; promoter/guarantor assets and liabilities; and, for term finance, project report, approvals and security/title documents as applicable. PNB's linked MSME application form is PNB-1016 above ₹1 crore and below ₹2 crore, or its above-₹2-crore form.View source
The manually reviewed product record states: “PNB's linked checklist is indicative, not startup-specific or exhaustive: identity/address and business details; applicable Udyam/ registration; recent bank statements; financial statements and tax returns; projections; promoter/guarantor assets and liabilities; and, for term finance, project report, approvals and security/title documents as applicable. PNB's linked application form is PNB-1016 above ₹1 crore and below ₹2 crore, or its above-₹2-crore form.”.
Source
PNB Scheme for Financing to Start-Up — official product page
Page / section
Published product metadata
Accessed
5 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Minimum 25% margin; PNB says funding follows once equity is tied up or fully funded
  • cover may be available up to ₹5 crore; startup credit-guarantee scheme is stated up to ₹10 crore per borrower
  • Upfront, processing, inspection and commitment charges are to be waived; out-of-pocket expenses are recoverable

Eligibility

  • Private limited company, registered partnership or ; /Government of India or state recognition; startup age 1–10 years; turnover not above ₹100 crore in any financial year after incorporation/registration; promoter holds at least 51% equity; innovation or scalable employment/wealth-creation model; not formed by splitting/reconstructing an existing business.
  • The allows a -recognized startup that does not satisfy the listed criteria to be considered on the merits under current Bank guidelines.

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

Documents the bank lists

  • PNB's linked checklist is indicative, not startup-specific or exhaustive: identity/address and business details; applicable Udyam/ registration; recent bank statements; financial statements and tax returns; projections; promoter/guarantor assets and liabilities; and, for term finance, project report, approvals and security/title documents as applicable. PNB's linked application form is PNB-1016 above ₹1 crore and below ₹2 crore, or its above-₹2-crore form.

Related official documents

Scheme for Financing to Start-Upofficial-msme-startup-scheme-pdf · text-reviewed-visual-pending · accessed 5 Oct 2026
↗
PNB application for MSME loans above ₹1 crore and below ₹2 crore — PNB-1016/2017official-msme-loan-application-form · text-reviewed-visual-pending · accessed 5 Oct 2026
↗
PNB application for MSME loans above ₹2 croreofficial-msme-loan-application-form · text-reviewed-visual-pending · accessed 5 Oct 2026
↗
PNB MSME Banking catalogueofficial-product-catalogue · current-catalogue-page · accessed 7 Oct 2026
↗
PNB MSME loan documents checklistofficial-msme-application-checklist-pdf · text-reviewed-visual-pending · accessed 5 Oct 2026
↗

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine 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.

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Purpose and sectors · PNB-published termDevelop long-term startup relationships; finance startups in , agriculture and allied services.

This value is copied from PNB Scheme for Financing to Start-Up — published terms. Check the table notes before relying on it.

Source: Scheme for Financing to Start-Up · pages 1–2, sections 1–8 Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 10 rows · 2 columnsPNB Scheme for Financing to Start-Up — published termsAll eight numbered sections across the two-page PNB guideline, preserving the separate eligibility, amount, security and fee rules.View tableHide table

Scroll sideways to view every column

PNB Scheme for Financing to Start-Up — published terms
ParameterPNB-published term
Purpose and sectorsDevelop long-term startup relationships; finance startups in , agriculture and allied services.
Entity and recognitionPrivate limited company, registered partnership or ; recognized by , Government of India or State Government.
Startup eligibility1–10 years from incorporation/registration; turnover not above ₹100 crore in any financial year after incorporation; promoter holds at least 51% equity; innovation/development/improvement or scalable employment/wealth-creation model; not formed by splitting or reconstructing an existing business. -recognized startups outside these criteria may be considered on merits under current Bank guidelines.
Eligible usesPrototype/product/website/app development; hiring; legal/consulting and pre-operative expenses; equipment; licences/certifications; marketing/sales; office/administrative costs; furnishing/renovation; advance against future receivables of reputed firms/companies; working capital.
Finance amount₹1 crore–₹50 crore.
FacilitiesCash credit; term loan including preliminary and pre-operative expenses; overdraft; non-fund-based letter of credit/bank guarantee.
Margin and timingMinimum 25%; funding only after equity is tied up/fully funded.
Security and guaranteesHypothecation/mortgage of assets if any; collateral/personal guarantee wherever available; promoter-share pledge 10%–28%; cover may be available up to ₹5 crore; startup guarantee up to ₹10 crore per borrower.
Scheme chargesUpfront, processing, inspection and commitment charges to be waived; out-of-pocket expenses recovered from borrower.
Interest and repaymentThis two-page scheme sheet does not state a numeric interest rate, pricing formula, moratorium or repayment tenor.
  • The current linked application forms are general bank forms, not forms expressly tailored to this startup scheme. The linked general checklist is indicative and not exhaustive.
Scheme for Financing to Start-Up · pages 1–2, sections 1–8 · accessed 5 Oct 2026Open official source ↗
Table 2 · 8 rows · 2 columnsPNB MSME application — indicative document checklistThe bank-wide linked MSME checklist and form requirements; these items are conditional and do not replace product-specific sanction requirements.View tableHide table

Scroll sideways to view every column

PNB MSME application — indicative document checklist
AreaPNB-published documents or information
Applicant and entityApplicant/entity details; proprietor/partner/director identity, residence and business address evidence; constitution documents; promoter/guarantor assets and liabilities; promoter/director income-tax returns; unit profile, ownership/shareholding and legal-heir information where applicable.
Registrations and compliance/Udyam or registration where applicable; rent agreement and pollution-control clearance where applicable; statutory approvals and latest tax-return/compliance details as applicable.
Banking and credit historyLast six months' account statements; details of current facilities and other-bank limits; applicant should not be a bank/FI defaulter; takeover sanction letters, terms and account status where applicable.
Financial recordsLast three years' audited balance sheets and tax/ returns; provisional balance sheet if latest audited statement is unavailable; audited statements required for exposure above ₹25 lakh under the linked up-to-₹1-crore form; year-to-date balance sheet/profit-and-loss; projections/cash budget for two years for working capital or for the term-loan period.
Term-loan projectProject report with equipment, supplier, cost, capacity/utilization, production/sales, staffing and financial projections; applicable government approvals, land/allotment/title documents and architect cost certificate.
Security and guaranteeLease/title deeds and approved property plans for primary/collateral security; guarantor and collateral particulars; external risk rating; orders/contracts and /export details where those facilities are sought.
Business operationsMonth-wise sales/production/stock/debtor/creditor/account review; management, supplier and buyer profile; top 20 supplier/customer details in the checklist; associate-company statements/borrowings where applicable.
Conditional additionsTakeover, distributor/franchise, future-lease-rental or other facility-specific documents are required only when that financing route is relevant; the checklist says local requirements may add items.
  • The form's checklist says it is indicative, not exhaustive. PNB may seek additional papers according to facility, exposure, branch requirements and the application route.
PNB loan documents checklist and linked application forms · Checklist pages 1–2; PNB-1166 form page 7; PNB-1016 and above-₹2-crore form reviewed pages 1–8 and 1–6 · accessed 5 Oct 2026Open official source ↗

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