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PNB Mushroom Cultivation and Spawn Production Finance

One PNB scheme sheet covers two linked facilities: mushroom cultivation and mushroom-spawn production. Cultivation repayment is up to 7 years including 6 months' gestation; spawn-production repayment is up to 7 years including 1 year's gestation.

Repayment periodMushroom cultivation: maximum 7 years including 6 months' gestation. Spawn production: maximum 7 years including 1 year's gestation.How the amount is setNeed-based for both cultivation and spawn production.
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Quick eligibility check

PNB Mushroom Cultivation and Spawn Production Finance

0 of 9 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: Mushroom cultivation: individuals and larger units with adequate cultivation experience?

Published source: Eligibility

2Do you meet this requirement: Spawn production: individuals and larger units with plant-pathology qualification or an appropriate background and training in spawn production?

Published source: Eligibility

3Do you meet this requirement: The mushroom sheet does not provide an additional scheme-specific list or say the general checklist is exhaustive for entity applicants?

Published source: General agriculture-credit document checklist

4Do you meet this requirement: Cultivation: individuals and larger units with adequate mushroom-cultivation experience?

5Do you meet this requirement: Spawn production: individuals and larger units with plant-pathology qualification, relevant background or training?

6Document checkDo you have this required document or proof: Duly filled agriculture-credit application?

Published source: General agriculture-credit document checklist

7Document checkDo you have this required document or proof: Self-attested identity proof?

Published source: General agriculture-credit document checklist

8Document checkDo you have this required document or proof: Residence proof?

Published source: General agriculture-credit document checklist

9Document checkDo you have this required document or proof: Two recent applicant photographs not older than six months?

Published source: General agriculture-credit document checklist
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 6 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.

Facility typeThe single scheme provides need-based cultivation finance and an integral spawn-production loan with investment and recurring/working-capital expenditure.View source
The sheet has distinct mushroom-cultivation and spawn-production sections; spawn finance combines investment and recurring expenditure as an integral loan.
Source
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production
Page / section
page 1, both scheme headings and Extent of Loan
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
PurposeCultivation: grow white button, oyster or paddy-straw mushrooms; construct buildings/packing, broiler and air-conditioned rooms; provide tanks, platforms, blowers, insulation, racks and water lines; and fund raw materials, labour and diesel for one initial crop. Spawn production: construct laboratory/inoculation/incubation space; purchase listed equipment; and fund spawn bottles, cotton, wheat grains, gypsum, chalk, chemicals, lab glassware, culture tubes, electricity, fuel and labour.View source
The structured terms table preserves the complete listed cultivation and spawn-production facilities, equipment and inputs.
Source
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production
Page / section
page 1, Purpose under Mushroom Cultivation and Mushroom Spawn Production
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
EligibilityMushroom cultivation: individuals and larger units with adequate cultivation experience. Spawn production: individuals and larger units with plant-pathology qualification or an appropriate background and training in spawn production.View source
Separate experience and qualification/background tests are retained for cultivation and spawn production.
Source
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production
Page / section
page 1, Eligibility in both sections
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
How the amount is setNeed-based for both cultivation and spawn production.View source
Each of the two sections says the finance is need-based; neither states a numeric rupee ceiling.
Source
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production
Page / section
page 1, Extent of Loan in both sections
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Repayment periodMushroom cultivation: maximum 7 years including 6 months' gestation. Spawn production: maximum 7 years including 1 year's gestation.View source
Both components have the same maximum total term but different gestation periods.
Source
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production
Page / section
page 1, Repayment in both sections
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Agriculture-loan application disposal timePNB's general agriculture guideline lists maximum times by credit limit: 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. This is general guidance, not a date promise for an individual mushroom-finance application.View source
The complete published credit-limit/time matrix is retained as a linked table; the bank calls these maximum time schedules.
Source
PNB General Guidelines for Agricultural Credit
Page / section
Section 1, Time Schedule for Disposal of Loan Applications
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Conditional takeover/prepayment rulePNB's current schedule lists 2% of the amount prepaid for a non-individual borrower taking over a term loan to move to another bank/FI, and 2% of the sanctioned limit for a non-individual borrower closing CC/OD before due date to shift lenders. It also lists a CC/OD no-charge condition with written non-renewal notice 3 months before due date and multiple borrower/facility-specific exemptions; this is not a blanket mushroom-loan charge.View source
The source's 2% rules and exceptions are conditional on borrower type, facility, purpose, rate and closure route.
Source
PNB Credit Related Service Charges — current page
Page / section
Section 10.15, complete takeover/prepayment conditions and exceptions
Accessed
6 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Cultivation finance covers listed mushroom varieties, buildings/equipment and working capital for one initial crop
  • Spawn-production finance combines recurring and investment expenditure as an integral loan

Eligibility

  • Cultivation: individuals and larger units with adequate mushroom-cultivation experience.
  • Spawn production: individuals and larger units with plant-pathology qualification, relevant background or training.

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

Documents the bank lists

  • Duly filled agriculture-credit application
  • Self-attested identity proof
  • Residence proof
  • Two recent applicant photographs not older than six months
  • Land-record particulars; the general checklist is not stated to be exhaustive or tailored to entity applicants

Related official documents

PNB Agriculture Loan Schemes catalogueofficial-product-catalogue-page · current · accessed 6 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 Credit Related Service Charges — current pageofficial-service-charge-page · current-charge-schedule-reviewed-scoped-sections · accessed 8 Oct 2026
↗
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Productionofficial-scheme-pdf · current-catalogue-linked-scheme-sheet · accessed 6 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.

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.

Cultivation — varieties · Published termWhite button, oyster and paddy-straw mushroom varieties.

This value is copied from PNB Mushroom Cultivation and Spawn Production — complete published terms. Check the table notes before relying on it.

Source: Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production · page 1, all clauses under both scheme headings Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 12 rows · 2 columnsPNB Mushroom Cultivation and Spawn Production — complete published termsFull transcription of both distinct finance components from the one-page scheme PDF.View tableHide table

Scroll sideways to view every column

PNB Mushroom Cultivation and Spawn Production — complete published terms
Component / sectionPublished term
Cultivation — varietiesWhite button, oyster and paddy-straw mushroom varieties.
Cultivation — structures/equipmentBuildings; packing and broiler rooms; air-conditioned room; water tank and platform; blowers/insulation; steel racks; water-supply line.
Cultivation — initial crop working capitalWorking capital may be considered initially for one crop for raw materials (straw, chicken manure, chemicals, seed), labour and diesel.
Cultivation — eligibilityIndividuals and larger units with adequate mushroom-cultivation experience.
Cultivation — loan extentNeed-based; no rupee ceiling stated.
Cultivation — repaymentMaximum 7 years including 6 months' gestation.
Spawn production — facility structureRecurring expenditure and investment costs are financed as an integral loan.
Spawn production — investmentLaboratory, inoculation/incubation chamber, autoclave, pressure cooker, refrigerator, gas burner, air filter, hot plate, stove, utensils, UV tubes, balances, bottle cleaner, trolley, hot-air oven, air conditioner and diesel generator.
Spawn production — working capitalSpawn bottles, cotton, wheat grains, gypsum, chalk powder, chemicals, laboratory glassware, culture tubes, electricity, fuel and labour charges.
Spawn production — eligibilityIndividuals and larger units with plant-pathology qualification or a proper background and training in spawn production.
Spawn production — loan extentNeed-based; no rupee ceiling stated.
Spawn production — repaymentMaximum 7 years including 1 year's gestation.
Scheme for Financing Mushroom Cultivation & Mushroom Spawn Production · page 1, all clauses under both scheme headings · accessed 6 Oct 2026Open official source ↗
Table 2 · 5 rows · 2 columnsPNB agriculture-credit application disposal timelineGeneral PNB agriculture-credit maximum disposal times by applied credit limit; not a promised individual sanction date.View tableHide table

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PNB agriculture-credit application disposal timeline
Credit limitMaximum 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
  • Bank-wide guideline; maximum processing timeline, not individual sanction promise.
PNB General Guidelines for Agricultural Credit · Section 1, Time Schedule for Disposal of Loan Applications · accessed 6 Oct 2026Open official source ↗
Table 3 · 7 rows · 2 columnsPNB early-closure terms relevant to these agriculture schemesCurrent bank-wide takeover/early-closure schedule. The charge depends on borrower type, facility, purpose, rate type and closure route; it is not a blanket product charge.View tableHide table

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PNB early-closure terms relevant to these agriculture schemes
CasePublished charge/condition
Non-individual borrower takes over a term loan to shift to another bank/FI2% of the amount being prepaid.
Non-individual borrower closes cash credit/overdraft before due date to shift lenders2% of the sanctioned limit.
Cash credit/overdraft closed on the due dateNo prepayment charge if written notice of intent not to renew is given 3 months before the due date.
Floating-rate loans/advances to individuals for non-business purposesNo prepayment charges, with or without co-obligants; applies to partial or full prepayment regardless of funds source and without a minimum lock-in.
Floating-rate business loans/advances to individuals and No prepayment charges, with or without co-obligants; applies to partial or full prepayment regardless of funds source and without a minimum lock-in.
Dual/special rate with fixed and floating periodsThe floating-rate exemption depends on whether the facility is on floating rate when it is prepaid.
Other stated exemptionsNo charge for borrowers; microfinance loans except loans to -; eligible fixed-rate loans with a reset clause when the borrower chooses floating rate at reset; prepayment from the borrower's own sources; specified lender-switches after a spread/term change or benchmark reset; bank-initiated closure for listed reasons; and loans/advances against PNB's own deposits/liquid securities sanctioned or renewed on/after 01 January 2026.
  • The 2% charge is not applied to every customer or every loan. Check the sanction terms and the full conditions.
PNB Credit Related Service Charges — current page · Section 10.15, Pre-Payment/Fore Closure, all clauses and exceptions · accessed 6 Oct 2026Open official source ↗

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