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PNB Prime Plus Scheme

Fund-based and non-fund-based working capital, plus term finance for fixed assets, above ₹20 lakh and up to ₹100 crore. Pricing varies by internal risk rating and collateral coverage.

Facility amountMinimum: above ₹20 lakh. Maximum: up to ₹100 crore.Interest rateFloating: RLLR + BSP plus a spread set by internal risk rating and collateral coverage. Published spread ranges: collateral below 50%: +0.50 to +3.50 percentage points; 50% to below 100%: +0.35 to +3.00; 100% or more: +0.20 to +2.00. Not an all-in customer quote.Customer typeIndividuals and registered business entities, including proprietorships, partnerships, LLPs, private/public limited companies, trusts, societies and co-operative societies; New and existing borrowers; GST registration where applicable and Udyam Registration are required
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Quick eligibility check

PNB Prime Plus Scheme

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: Individual, proprietorship, partnership, LLP, private/public limited company, registered trust, society or co-operative society, and other legal entities with GST registration where applicable and Udyam Registration?

Published source: Eligibility

2Do you meet this requirement: New and existing borrowers are included?

Published source: Eligibility

3Are you this type of customer: PNB's general MSME checklist asks for proprietor/partner/director asset-liability statements?

Published source: Application documents

4Do you meet this requirement: applicable MSME/GST certificates?

Published source: Application documents

5Do you meet this requirement: six months of existing-bank statements?

Published source: Application documents

6Document checkDo you have this required document or proof: PNB's linked general MSME checklist requests entity/owner asset and liability statements; applicable MSME and GST registrations; six months of statements from existing bankers; three years of audited accounts and applicable tax returns; current performance and projections; and security/title records?

Published source: Application documents

7Document checkDo you have at least one of these required documents: For term finance, the checklist also requests a project report and applicable government, power, pollution, land/building or machinery documents. It is a general checklist, not a Prime Plus-specific exhaustive list?

Published source: Application documents

8Document checkDo you have this required document or proof: Both linked amount-banded forms were reviewed: PNB-1016(R) for MSME loans up to ₹2 crore other than MUDRA, and PNB-1017(R) for loans above ₹2 crore. They are general application forms, not scheme-specific exhaustive checklists?

Published source: Application documents
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ 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.

PurposeFund-based and non-fund-based working capital, and term finance for fixed assets, plant and machinery, equipment and vehicles.View source
The scheme lists fund-based/non-fund-based working capital and term loans for creation of fixed assets, plant and machinery, equipment and vehicles.
Source
PNB Prime Plus Scheme
Page / section
page 1, Type of Facility
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
FacilityWorking capital (fund-based and non-fund-based) and term loan for fixed assets, plant, machinery, equipment or vehicles.View source
The scheme lists working capital, fund and non-fund based, and term loan for creation of fixed assets / plant and machinery / equipment / vehicles.
Source
PNB Prime Plus Scheme
Page / section
page 1, Type of Facility
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
EligibilityIndividual, proprietorship, partnership, LLP, private/public limited company, registered trust, society or co-operative society, and other legal entities with GST registration where applicable and Udyam Registration. New and existing borrowers are included.View source
The eligibility row lists the named entity forms, registration wherever applicable and Udyam Registration Number; it explicitly says existing as well as new borrowers.
Source
PNB Prime Plus Scheme
Page / section
page 1, Eligibility rows (a) and (b)
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Facility amountMinimum: above ₹20 lakh. Maximum: up to ₹100 crore.View source
The quantum row states minimum above ₹20.00 lakh and maximum up to ₹100.00 crore.
Source
PNB Prime Plus Scheme
Page / section
page 1, Quantum
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Borrower margin15%–25%; the scheme sheet does not map a specific margin to each facility or borrower category.View source
The Margin row prints 15%–25% without a further mapping.
Source
PNB Prime Plus Scheme
Page / section
page 1, Margin
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Repayment tenureTerm loan: maximum 10 years including the moratorium period. The reviewed main-scheme row does not state a working-capital tenor.View source
The scheme states maximum 10 years for term loan, including moratorium.
Source
PNB Prime Plus Scheme
Page / section
page 1, Repayment
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
CollateralThe main scheme states relaxed collateral norms; it does not quantify a standard collateral percentage on page 1. The separate CME variant has its own collateral alternatives.View source
The main scheme row says “Relaxed Collateral Norms”; it does not specify a percentage there.
Source
PNB Prime Plus Scheme
Page / section
page 1, Collateral Security
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
BenchmarkCurrent PNB RLLR: 8.35% effective 8 October 2026; Prime Plus adds BSP and a risk-/collateral-linked spread. BSP is not quantified for this applicant in the reviewed scheme/rate rows.View source
The page displays 8.35%; section 4.1 expresses Prime Plus spreads over + and links rates to internal risk rating and collateral coverage.
Source
PNB Interest Rates on Advances — current benchmarks
Page / section
row effective 8 October 2026; section 4.1
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Interest rateFloating: RLLR + BSP plus a spread set by internal risk rating and collateral coverage. Published spread ranges: collateral below 50%: +0.50 to +3.50 percentage points; 50% to below 100%: +0.35 to +3.00; 100% or more: +0.20 to +2.00. Not an all-in customer quote.View source
The rate page names Prime Plus, says is linked with internal risk rating and collateral, then publishes minimum/maximum spread for each collateral-coverage band.
Source
PNB Interest Rates on Advances — current scheme rates
Page / section
Section 4.1, Prime Plus rate table
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Fees and concessions50% concession in processing fee/upfront fee; documentation charges apply at the applicable charge; 25% concession on applicable LC/BG commission. The scheme sheet does not provide a rupee fee amount or map the concession to an exposure/rating base.View source
The scheme row gives a 50% processing/upfront fee concession, documentation charges at applicable charges, and 25% concession on applicable / commission; it does not provide a rupee fee table.
Source
PNB Prime Plus Scheme
Page / section
page 1, Service Charges
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Application documentsPNB's general MSME checklist asks for proprietor/partner/director asset-liability statements; applicable MSME/GST certificates; six months of existing-bank statements; three years of audited accounts and applicable tax returns; current performance and projections; and security/title documents. For term finance it additionally asks for a project report and applicable approvals/machinery details. PNB-1016(R) and PNB-1017(R) are the current general forms for proposals up to ₹2 crore (other than MUDRA) and above ₹2 crore, respectively; neither is a scheme-specific exhaustive checklist.View source
The checklist lists applicant, financial, project and security records. The amount-banded forms request entity/, owner, facilities/security, financial/tax/ and projections; they are general application forms, not scheme-specific exhaustive lists.
Source
PNB loan checklist and application forms
Page / section
Checklist pp.1–2, items 1–25; PNB-1016(R) pp.1–5; PNB-1017(R) pp.1–6
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Customer typeIndividuals and registered business entities, including proprietorships, partnerships, LLPs, private/public limited companies, trusts, societies and co-operative societies; New and existing borrowers; GST registration where applicable and Udyam Registration are requiredView source
The manually reviewed product record states: “Individuals and registered business entities, including proprietorships, partnerships, , private/public limited companies, trusts, societies and co-operative societies; New and existing borrowers; registration where applicable and Udyam Registration are required”.
Source
PNB Prime Plus Scheme — official product page
Page / section
Published product metadata
Accessed
8 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term-loan repayment up to 10 years including moratorium
  • 50% concession in processing fee/upfront fee
  • 25% concession on applicable letter-of-credit and bank-guarantee commission

Eligibility

  • Eligible constitutions are listed in the scheme sheet; registration is required wherever applicable, together with Udyam Registration.
  • The scheme sheet lists both new and existing borrowers. It does not publish a minimum-turnover amount or a universal personal-income threshold.

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

Documents the bank lists

  • PNB's linked general checklist requests entity/owner asset and liability statements; applicable and registrations; six months of statements from existing bankers; three years of audited accounts and applicable tax returns; current performance and projections; and security/title records.
  • For term finance, the checklist also requests a project report and applicable government, power, pollution, land/building or machinery documents. It is a general checklist, not a Prime Plus-specific exhaustive list.
  • Both linked amount-banded forms were reviewed: PNB-1016(R) for loans up to ₹2 crore other than , and PNB-1017(R) for loans above ₹2 crore. They are general application forms, not scheme-specific exhaustive checklists.

Related official documents

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
↗
PNB Interest Rates on Advances — current MCLR and RLLR benchmarksofficial-bank-rate-page · reused-current-benchmark-reviewed-2026-10-08 · accessed 8 Oct 2026
↗
PNB application for MSME loans above ₹2 crore — catalogue-linked PDFofficial-msme-loan-application-form · complete-text-and-visual-review-amount-band-form · accessed 8 Oct 2026
↗
PNB-1016 (R) application for MSME loans up to ₹2 crore, other than MUDRAofficial-msme-loan-application-form · complete-text-and-visual-review-amount-band-form · accessed 8 Oct 2026
↗
PNB MSME Banking catalogue — current scheme linksofficial-product-catalogue · current-catalogue-links-reviewed · accessed 8 Oct 2026
↗
PNB current general MSME loan application checklistofficial-application-checklist-pdf · reused-previously-reviewed-source · accessed 8 Oct 2026
↗
PNB MSME Prime Plus Scheme, including Construction & Mining Equipment parametersofficial-msme-scheme-pdf · complete-text-and-visual-review · accessed 8 Oct 2026
↗
PNB APR for term loans — general amount/rating illustrationsofficial-msme-term-loan-apr-pdf · reused-complete-review-not-product-mappable · accessed 8 Oct 2026
↗
PNB APR for working-capital loans — catalogue-linked PDFofficial-msme-working-capital-apr-pdf · reused-complete-review-not-product-mappable · accessed 8 Oct 2026
↗

Plan before applying

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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₹1,04,172one lakh four thousand one hundred seventy-two rupees
Interest paid over the full loan₹2,25,01,390two crore twenty-five lakh one thousand three hundred ninety rupees
Everything you repay₹2,50,01,390two crore fifty lakh one thousand three hundred ninety 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.

Eligible borrowers · Published termIndividuals and the listed registered business/entity forms; new and existing borrowers; registration where applicable and Udyam Registration

This value is copied from PNB Prime Plus — published scheme terms. Check the table notes before relying on it.

Source: PNB Prime Plus Scheme · page 1, all scheme parameter rows 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 MSME Prime Plus — published scheme termsView tableHide table

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PNB MSME Prime Plus — published scheme terms
ParameterPublished term
Eligible borrowersIndividuals and the listed registered business/entity forms; new and existing borrowers; registration where applicable and Udyam Registration
Facilities and purposeFund-based/non-fund-based working capital; term loan for fixed assets, plant, machinery, equipment and vehicles
AmountAbove ₹20 lakh; up to ₹100 crore
Margin15%–25%; the sheet does not map a specific margin to each facility
Term-loan repaymentMaximum 10 years including moratorium; working-capital tenor not stated in this row
CollateralRelaxed collateral norms; no percentage stated for the general scheme row
Rate+ plus internal-risk/collateral spread; use the linked current rate table below
Processing/upfront fee50% concession; scheme sheet does not publish the rupee amount or concession base
Documentation chargeApplicable charge; the sheet does not state a concession
/ commission25% concession on applicable commission
  • The CME parameter set is maintained as a separate product record and table; do not apply its collateral/tenure conditions to the general scheme.
PNB Prime Plus Scheme · page 1, all scheme parameter rows · accessed 8 Oct 2026Open official source ↗
Table 2 · 3 rows · 3 columnsMSME Prime Plus — risk and collateral-linked rate spreadsView tableHide table

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MSME Prime Plus — risk and collateral-linked rate spreads
Collateral coverage of total exposureMinimum spread over +Maximum spread over +
Less than 50%+0.50 percentage points+3.50 percentage points
50% to less than 100%+0.35 percentage points+3.00 percentage points
100% and above+0.20 percentage points+2.00 percentage points
  • PNB states that the rate is linked with Internal Risk Rating (IRR) and collateral. Current is 8.35% effective 8 October 2026; and the customer's risk/coverage selection prevent a single all-in quote.
PNB Interest Rates on Advances — current scheme rates · Section 4.1, last updated 7 October 2026 · accessed 8 Oct 2026Open official source ↗
Table 3 · 25 rows · 3 columnsPNB-linked MSME loan checklist — full published itemsView tableHide table

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PNB-linked MSME loan checklist — full published items
ItemDocument / information requestedCondition
1Asset and liability statement of proprietor/partners/directorsAs applicable to the entity
2SSI/ registration and registration certificatesIf applicable
3Rent agreement for rented business premises; Pollution Control Board clearanceIf applicable
4Applicant should not be a defaulter with any bank/financial institutionApplicant condition in checklist
5Account statement for the last 6 months with existing bankersExisting bankers
6Three years' audited unit balance sheets with income-tax/ returns and applicable assessment orders; provisional balance sheet if latest audited balance sheet is unavailable; projected balance sheet/cash budget for the next two years for working-capital limits and for the loan period for term loansFinancial records and projection periods depend on facility
7Borrowing concern's year-to-date performance (balance sheet, profit and loss, etc.)As requested in checklist
8Information on legal heirs and relationship to applicantIndividual/sole proprietor/partner/ cases
9Government approvals for power, pollution and building plan; land allotment/conveyance deed; architect certificate validating construction cost; project report with machinery, suppliers, price, capacity, production, sales, profit/loss and balance-sheet projectionsTerm loans; items depend on project
10Month-wise sales and production; imported/indigenous raw materials; work-in-progress/finished stock; debtors, creditors and bank working-capital/term/bill-discounting outstandingAccount review information
11Manufacturing process, executive profiles, tie-ups, raw-material suppliers, buyers, competitors and comparative strengths/weaknessesManufacturing/where applicable
12Top 20 major suppliers and customers, with contact number/addressAs requested in checklist
13Unit profile: promoters/directors, business activity, office/plant addresses and shareholding patternAs applicable to entity
14External risk rating copyIf applicable/available for facility
15Lease/title deeds and approved plans for properties offered as primary/collateral securityWhere property security is offered
16Agreement with principalDistributors/sole selling agents/franchises
17Proof of minority statusIf applicable (the checklist cites SC/ST/OBC etc.)
18Borrowing concern and promoters'/directors'/partners' income-tax returnsAs requested in checklist
19Associate/allied concern details and their last three years' financial statements/borrowing arrangementsWhere associates/allied concerns exist
20Other-bank/FI sanction terms and reason for takeoverTakeover cases
21Existing-bank account position and confirmation that the asset is standardTakeover cases
22Orders in hand, status and copies of orders/letters of intent/contractsBank-guarantee limit
23Lease deeds, lease term/unexpired period/renewal/exit/penalty; lessor profile and lessee constitution, management, scale, years, business and profitabilityFuture-lease-rental discounting only
24Sanction letters with detailed terms and conditionsExisting sole/multiple/consortium-bank limits
25Any other document required under prevailing bank guidelinesBank's residual request
  • This is the full bank-linked general checklist, not a promise that all 25 items apply to every scheme. Product-specific terms and the sanctioned facility control; items are conditional where shown.
PNB loan documents checklist · pages 1–2, checklist items 1–25 · accessed 8 Oct 2026Open official source ↗

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