IndiaBanks.org · independent research

Personal, home, vehicle & other loans

PNB Financing to Joint Liability Groups

Need-based agriculture credit to groups of 4–10 members, using individual lending or a group loan backed by mutual undertaking.

Interest rate basisUses the interest rate applicable to the individual agriculture scheme under which the JLG finance is extended; PNB publishes no single JLG rate.Loan amountNeed-based under both the individual-member and group-finance models.Facility modelsModel A finances individual members of the group; Model B finances the group itself. Both use the JLG mutual-undertaking mechanism.
Official product page ↗Compare category

Quick eligibility check

PNB Financing to Joint Liability Groups

0 of 8 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: Four to 10 individuals with similar socioeconomic background, generally in similar agriculture/allied activity, living in the same village/area/neighbourhood and able to take joint liability?

Published source: Group eligibility

2Do you meet this requirement: A person who has previously defaulted to any formal financial institution cannot join?

Published source: Group eligibility

3Do you meet this requirement: only one person from a family may belong to a given JLG?

Published source: Group eligibility

4Do you meet this requirement: PNB's general checklist lists a completed Loan Application Form for Agriculture Credit?

Published source: General agriculture-credit checklist

5Do you meet this requirement: two recent applicant photographs, not older than six months?

Published source: General agriculture-credit checklist

6Document checkDo you have at least one of these required documents: PNB's general agriculture-credit checklist lists a completed Loan Application Form for Agriculture Credit, self-attested identity proof, recent residence proof, two recent applicant photographs (not older than six months) and land-record particulars. This is a general, non-exhaustive checklist; the JLG scheme sheet does not specify which items apply to each member or group model, and the linked seven-page PNB 1235 form could not be accessed in this review?

Published source: General agriculture-credit checklist

7Document checkDo you have at least one of these required documents: self-attested identity proof (Voter ID, Aadhaar, passport or another government photo ID)?

Published source: General agriculture-credit checklist

8Document checkDo you have at least one of these required documents: recent residence proof (including specified bills/receipts or accepted identity/address documents)?

Published source: General agriculture-credit checklist
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 8 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.

Facility modelsModel A finances individual members of the group; Model B finances the group itself. Both use the JLG mutual-undertaking mechanism.View source
The bank names individual financing and group financing as its two models.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, General Features and Models
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
PurposeCredit for small/marginal, tenant and oral-lessee farmers, sharecroppers and people undertaking farm activities; the group approach is intended to provide a mutual-guarantee alternative to collateral.View source
The stated objectives name the target farmer groups, farm activities and collateral-substitute purpose.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, Objectives
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Group eligibilityFour to 10 individuals with similar socioeconomic background, generally in similar agriculture/allied activity, living in the same village/area/neighbourhood and able to take joint liability. A person who has previously defaulted to any formal financial institution cannot join; only one person from a family may belong to a given JLG.View source
The complete group-size, social/geographic, default and family-membership rules are preserved.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, General Features and Criteria for Membership
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Loan amountNeed-based under both the individual-member and group-finance models.View source
The says the loan is need-based under both models and states no single rupee cap.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, Extent of Loan
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Interest rate basisUses the interest rate applicable to the individual agriculture scheme under which the JLG finance is extended; PNB publishes no single JLG rate.View source
The bank delegates all three terms to the particular individual agriculture scheme used for the finance.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, Margin, Interest and Security Norms
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Margin basisThe margin applicable to the individual agriculture scheme selected for the JLG finance.View source
The says margin follows the individual agriculture scheme under which finance is extended.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, Margin, Interest and Security Norms
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Security basisSecurity norms applicable to the individual agriculture scheme under which the JLG finance is extended; the JLG sheet describes its mutual undertaking as a collateral substitute.View source
The bank's scheme says collateral norms follow the selected agriculture loan scheme and separately describes the mutual-guarantee structure.
Source
Financing to Joint Liability Groups () — PNB scheme
Page / section
page 1, General Features; Margin, Interest and Security Norms
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Maximum application-disposal timePNB's published maximum agriculture-loan disposal schedule is based on the credit-limit band: up to ₹2 lakh, 2 weeks; above ₹2 lakh to ₹50 lakh, 4 weeks; above ₹50 lakh to ₹1 crore, 5–6 weeks; above ₹1 crore to ₹100 crore, 6–7 weeks; above ₹100 crore, 8–9 weeks.View source
The bank labels each band as the maximum time schedule. It is a disposal target by credit limit, not a promise of sanction or disbursement.
Source
PNB General Guidelines for Agricultural Credit
Page / section
Section 1, Time Schedule for Disposal of Loan Applications
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
General agriculture-credit checklistPNB's general checklist lists a completed Loan Application Form for Agriculture Credit; self-attested identity proof (Voter ID, Aadhaar, passport or another government photo ID); recent residence proof (including specified bills/receipts or accepted identity/address documents); two recent applicant photographs, not older than six months; and particulars of land records. The checklist is general and not stated to be exhaustive or applicable in full to every scheme/entity; PNB's linked seven-page PNB 1235 form was inaccessible in this review.View source
This reproduces the general checklist within its stated scope; it is not a scheme-specific exhaustive list. The current linked application form could not be reviewed.
Source
PNB Agricultural Banking — documents required for agriculture loan
Page / section
Documents Required for Agriculture Loan
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Conditional takeover prepayment / foreclosure chargeFor a non-individual borrower shifting a term loan to another bank/financial institution, PNB's current tariff lists 2% of the amount prepaid. For cash-credit/overdraft closure before its due date, it lists 2% of the sanctioned limit; that charge is waived if written non-renewal notice is given at least 3 months before the due date and the facility closes on that date. The tariff also lists exemptions, including eligible floating-rate loans to individuals/MSEs and loans prepaid from the borrower's own sources; this is not a universal early-repayment charge.View source
The tariff describes takeover by a non-individual borrower and separately states exemptions. Product applicability depends on the final borrower type, facility and rate type; do not show this as a universal fee.
Source
PNB Credit Related Service Charges — current existing charges
Page / section
Section 10.15(a)–(c), takeover prepayment/foreclosure and exceptions
Accessed
8 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Two lending models: individual member loans or one loan to the group
  • Mutual guarantee is designed as a collateral substitute
  • Loan amount is need-based under both models

Eligibility

  • Groups have 4–10 members with similar socioeconomic backgrounds who live in the same village/area/neighbourhood; past default to a formal financial institution bars group membership; no more than one person from a family may join the same group.

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

Documents the bank lists

  • PNB's general agriculture-credit checklist lists a completed Loan Application Form for Agriculture Credit, self-attested identity proof, recent residence proof, two recent applicant photographs (not older than six months) and land-record particulars. This is a general, non-exhaustive checklist; the scheme sheet does not specify which items apply to each member or group model, and the linked seven-page PNB 1235 form could not be accessed in this review.

Related official documents

PNB Agriculture Loan Schemes catalogueofficial-product-catalogue-page · current · accessed 6 Oct 2026
↗
PNB Agriculture Loan Schemes catalogue — current link checkofficial-product-catalogue-page · current-catalogue-link-check · accessed 8 Oct 2026
↗
PNB 1235 — Loan Application Form for Agriculture Creditofficial-agriculture-credit-application-form-pdf · inaccessible-cache-miss-and-dns-failure · accessed 8 Oct 2026
↗
PNB Agricultural Banking — documents required for agriculture loanofficial-agriculture-banking-page · current · accessed 7 Oct 2026
↗
PNB General Guidelines for Agricultural Credit — current application, ACABC margin and security rulesofficial-general-guidelines-page · current-relevant-sections-reviewed · accessed 8 Oct 2026
↗
PNB Interest Rates on Advances — current agriculture and specific-scheme ratesofficial-rate-table · current · accessed 6 Oct 2026
↗
PNB Interest Rates on Advances — current agriculture and specific-scheme sectionsofficial-rate-table-page · current-rate-page-reviewed-for-agriculture-schemes · accessed 8 Oct 2026
↗
PNB Credit Related Service Charges — current pageofficial-service-charge-page · current-charge-schedule-reviewed-scoped-sections · accessed 8 Oct 2026
↗
Financing to Joint Liability Groups (JLGs) — PNB scheme PDFofficial-agriculture-scheme-pdf · current · accessed 3 Oct 2026
↗

Plan before applying

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.

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.

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.

Group size · Published terms4–10 individuals

This value is copied from — group structure and membership. Check the table notes before relying on it.

Source: Financing to Joint Liability Groups () — PNB scheme · page 1, all headings and criteria Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 9 rows · 2 columnsJLG — group structure and membershipView tableHide table

Scroll sideways to view every column

JLG — group structure and membership
TopicPublished terms
Group size4–10 individuals
Member profileSimilar socioeconomic status/background; generally similar agriculture/allied activity
Local connectionSame village, area or neighbourhood; members should know and trust each other
Past defaultA person who previously defaulted to any formal financial institution is barred from membership
Family limitNo more than one person from one family in the same group
Model AFinance individual members
Model BFinance the as a group
Loan quantumNeed-based under both models
Margin, rate and securityFollow the individual agriculture scheme used for the loan
  • The sheet describes the mutual undertaking as a collateral substitute and does not set a universal rupee limit or rate.
Financing to Joint Liability Groups () — PNB scheme · page 1, all headings and criteria · accessed 3 Oct 2026Open official source ↗
Table 2 · 5 rows · 2 columnsPNB agriculture-loan application disposal scheduleView tableHide table

Scroll sideways to view every column

PNB agriculture-loan application disposal schedule
Credit-limit bandMaximum published time
Up to ₹2 lakh2 weeks
Above ₹2 lakh to ₹50 lakh4 weeks
Above ₹50 lakh to ₹1 crore5–6 weeks
Above ₹1 crore to ₹100 crore6–7 weeks
Above ₹100 crore8–9 weeks
  • The bank labels these as maximum disposal times by credit limit. They are not an assurance of sanction or disbursement.
PNB General Guidelines for Agricultural Credit · Section 1, Time Schedule for Disposal of Loan Applications · accessed 8 Oct 2026Open official source ↗
Table 3 · 5 rows · 2 columnsPNB general agriculture-credit document checklistView tableHide table

Scroll sideways to view every column

PNB general agriculture-credit document checklist
Document groupPublished checklist detail
ApplicationDuly filled Loan Application Form for Agriculture Credit
IdentitySelf-attested Voter , Aadhaar, passport or other government-issued photo
ResidenceRecent telephone/electricity bill, property-tax receipt (not older than 2 months), or other accepted government/local-authority identity/address proof
PhotographsTwo recent applicant photographs, not older than 6 months
Land recordsParticulars of land records
  • This is PNB's general agriculture-loan checklist, not an exhaustive ACABC//seed-entity application dossier. The linked seven-page PNB 1235 form was inaccessible in this review; do not infer extra requirements from it.
PNB Agricultural Banking — documents required for agriculture loan · Documents Required for Agriculture Loan · accessed 8 Oct 2026Open official source ↗
Table 4 · 3 rows · 2 columnsJLG processing-fee clause and tariff scopeView tableHide table

Scroll sideways to view every column

JLG processing-fee clause and tariff scope
Tariff statementPublished value / scope
Eligible priority-sector / loansNo processing charges where eligible; ₹50,000 loan-limit test is per member, not for the group as a whole
Section-level scopeSection 3 is headed as excluding schematic, retail and agriculture credit
Application to this agriculture schemeUnresolved from the page structure; do not claim the waiver or another numeric processing fee for this product without clarification
  • The actual ₹50,000-per-member clause is preserved, while the conflicting section scope prevents a confident product-specific fee assignment. The comparison processing-fee cell remains blank pending clarification.
PNB Credit Related Service Charges — current existing charges · Section 3 heading and Section 3.1, processing-fee exclusions and / exception · accessed 8 Oct 2026Open official source ↗
Table 5 · 10 rows · 3 columnsPNB credit-tariff charges that depend on the loan transactionView tableHide table

Scroll sideways to view every column

PNB credit-tariff charges that depend on the loan transaction
Charge / triggerCurrent published amountApplicability and conditions
General processing feeNo scheme-specific amount in the three The tariff's general processing section excludes schematic and agriculture credit; the linked scheme sheets do not provide a replacement amount.
DocumentationAs per scheme for retail/schematic lendingThe tariff does not quantify the charge for these three schemes; it says documentation is included in processing/upfront fee where those apply.
Inspection/supervisionUp to ₹10 crore: nil; above ₹10 crore: ₹30,000 per yearTariff says quarterly pro-rata recovery; actual official travel/out-of-pocket expenses may be recovered; per borrower entity.
CERSAI security registration/modificationUp to ₹5 lakh: ₹50; above ₹5 lakh: ₹100Only when creating/modifying a security interest; CERSAI search is ₹10; satisfaction/correction is nil.
Legal opinion / NECUp to ₹1 crore: Metro ₹3,000 / Urban-Semi-Urban ₹1,500 / Rural ₹1,000 per property; above ₹1 crore: ₹4,000 / ₹2,500 / ₹1,500Plus actual out-of-pocket expenses; applies when the legal opinion/non-encumbrance certificate is required.
ValuationRealizable asset value ≤₹20 lakh ₹2,000; >₹20–50 lakh ₹3,000; >₹50 lakh–₹1 crore ₹4,000; >₹1–5 crore ₹8,000; >₹5–10 crore ₹12,000; >₹10–50 crore ₹15,000; >₹50 crore ₹25,000Only when the relevant property/fixed asset/plant/equipment valuation is required; bank calculates on realizable value.
Mortgage creation (up to 3 mortgages)Up to ₹10 lakh: nil; >₹10 lakh–₹1 crore: ₹5,000; >₹1–10 crore: ₹15,000; >₹10 crore: ₹25,000; each mortgage above 3 adds ₹1,000Tariff lists exemptions including retail loans, specified registered mortgages, same-level renewal and certain other cases; extra collateral mortgage may be waived case by case.
Term-loan disbursal directly to supplierNo cash-order/draft// issuance chargeApplies when remitting the term-loan disbursement directly to the supplier.
Other out-of-pocket expensesActual expenses unless otherwise specifiedTariff lists registration/modification/satisfaction of ROC charges, postage and similar expenses; only where incurred and not otherwise specified.
All listed chargesTaxes extra unless stated otherwiseThe 01 October 2026 page shows existing charges and separately lists changes effective 01 November 2026; this table uses only the existing-charge column as of 08 October 2026.
  • These are conditional tariff amounts, not fixed charges owed by every borrower. Whether a charge arises depends on borrower type, facility, collateral and work actually performed. ACABC loans up to ₹10 lakh have a specific no-further-security rule; a mortgage fee should not be implied for that case.
PNB Credit Related Service Charges — current existing charges · Sections 3, 6.1, 7.1, 10.15 and 11.1, 11.4–11.8 · accessed 8 Oct 2026Open official source ↗
Table 6 · 6 rows · 2 columnsPNB takeover prepayment/foreclosure rules and borrower exemptionsView tableHide table

Scroll sideways to view every column

PNB takeover prepayment/foreclosure rules and borrower exemptions
Borrower / facility / eventCharge or waiver
Non-individual term-loan borrower shifts to another bank/FI2% of the amount prepaid
Non-individual CC/ closed before due date for takeover2% of sanctioned limit
CC/ closed on due dateNo charge when written notice of non-renewal is given at least 3 months before the due date
Floating-rate loan to individual for non-business purposeNo prepayment charge
Floating-rate business-purpose loan to individual or No prepayment charge
Other listed exemptions borrower; microfinance loan other than to an -; qualifying fixed-to-floating reset; prepayment from own sources; specified spread/rate-reset takeovers within stated notice periods; bank-initiated closure for listed reasons; advances against the bank's own deposits/liquid securities within the stated scope
  • This is a conditional takeover tariff, not a universal early-repayment penalty. Product applicability depends on borrower classification and facility/rate type.
PNB Credit Related Service Charges — current existing charges · Section 10.15(a)–(c), takeover prepayment/foreclosure and exceptions · accessed 8 Oct 2026Open official source ↗

More from Punjab National Bank

Related products

PNB Advance against FCNR(B) Deposit

A deposit-backed loan for , generally based on a percentage of an (B) deposit. PNB publishes maturity-based margins, a 1–5-year tenure range, and separate rupee and foreign-currency pricing routes.

View product

PNB Agriclinic and Agribusiness Centres Scheme

Need-based finance for eligible agriculture graduates and other listed candidates setting up farm-advisory clinics or agribusiness service centres.

View product

PNB Agriculture Infrastructure Fund Scheme

Term finance for eligible post-harvest infrastructure and community-farming assets, with project-cost-based limits, a published margin schedule and interest subvention on eligible lending.

View product

PNB Agriculture Marketing Infrastructure (AMI) Finance

Need-based finance for agricultural marketing and post-harvest infrastructure. AMI subsidy applications and new sanctions are in abeyance pending fresh budget allocation; PNB's older linked percentage/cap table is preserved as historical reference, not a currently available benefit.

View product