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PNB Financing to under NRLM

Cash-credit and term-loan support for eligible , with drawing-power/dose rules linked to group corpus, repayment history and the micro-credit plan.

Interest rateOutstanding up to ₹3 lakh: 7.00% p.a. Above ₹3 lakh up to ₹5 lakh: lower of 1-year MCLR or 10% p.a. Above ₹5 lakh up to ₹20 lakh, and NPA accounts irrespective of amount: 1-year MCLR +2.10% for repayment up to 1 year, +2.15% for over 1–3 years, and +2.70% above 3 years. Above ₹20 lakh: internal/external risk rating based. PNB's 1-year MCLR is 8.80% from 1 October 2026.Cash-credit and term-loan amountCash credit: advised minimum ₹6 lakh for an eligible SHG for 3 years, with annual drawing-power review. Year 1: 6× corpus or ₹1.5 lakh, whichever is higher; year 2: 8× corpus or ₹3 lakh, whichever is higher; year 3: at least ₹6 lakh based on the micro-credit plan and history; year 4 onward: above ₹6 lakh based on the plan/history. Term-loan doses: first 6× corpus or ₹1.5 lakh, whichever is higher; second 8× corpus or ₹3 lakh, whichever is higher; third and fourth at least ₹6 lakh each, plan/history based. The sheet states no fixed maximum ceiling.Facility typesCash-credit limit and term loan.
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Quick eligibility check

PNB Financing to under NRLM

0 of 5 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: SHGs of 10–20 members?

Published source: Eligible groups

2Do you meet this requirement: at least 5 in remote/difficult tribal areas or groups with disabled persons?

Published source: Eligible groups

3Do you meet this requirement: The SHG must be active for at least 6 months per its books, follow regular meetings/savings/inter-lending/repayment/up-to-date records, and meet NABARD grading norms?

Published source: Eligible groups

4Do you meet this requirement: A revived defunct SHG must remain active for at least 3 months?

Published source: Eligible groups

5Do you meet this product condition: Group membership, operating history, Panchasutras and grading conditions apply?

0 of 5 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 3 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 typesCash-credit limit and term loan.View source
The bank sheet describes separate cash-credit and term-loan assistance.
Source
Financing to under National Rural Livelihood Mission
Page / section
page 1, Quantum of loan
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
PurposeLivelihood and income-generating credit to eligible SHGs under NRLM.View source
The sheet describes the mission's livelihoods objective and group credit assistance.
Source
Financing to under National Rural Livelihood Mission
Page / section
page 1, scheme objective and financial assistance
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Eligible groupsSHGs of 10–20 members; at least 5 in remote/difficult tribal areas or groups with disabled persons. The SHG must be active for at least 6 months per its books, follow regular meetings/savings/inter-lending/repayment/up-to-date records, and meet NABARD grading norms. A revived defunct SHG must remain active for at least 3 months.View source
All five eligibility conditions and the group-size exception are present in the single-page sheet.
Source
Financing to under National Rural Livelihood Mission
Page / section
page 1, Eligibility
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Cash-credit and term-loan amountCash credit: advised minimum ₹6 lakh for an eligible SHG for 3 years, with annual drawing-power review. Year 1: 6× corpus or ₹1.5 lakh, whichever is higher; year 2: 8× corpus or ₹3 lakh, whichever is higher; year 3: at least ₹6 lakh based on the micro-credit plan and history; year 4 onward: above ₹6 lakh based on the plan/history. Term-loan doses: first 6× corpus or ₹1.5 lakh, whichever is higher; second 8× corpus or ₹3 lakh, whichever is higher; third and fourth at least ₹6 lakh each, plan/history based. The sheet states no fixed maximum ceiling.View source
The source gives progressive corpus-linked drawing power/doses rather than one universal approved ceiling.
Source
Financing to under National Rural Livelihood Mission
Page / section
page 1, Quantum of loan
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
Interest rateOutstanding up to ₹3 lakh: 7.00% p.a. Above ₹3 lakh up to ₹5 lakh: lower of 1-year MCLR or 10% p.a. Above ₹5 lakh up to ₹20 lakh, and NPA accounts irrespective of amount: 1-year MCLR +2.10% for repayment up to 1 year, +2.15% for over 1–3 years, and +2.70% above 3 years. Above ₹20 lakh: internal/external risk rating based. PNB's 1-year MCLR is 8.80% from 1 October 2026.Effective 1 Oct 2026View source
The current PNB rate page has a separate NRLM/SRLM table; the general agriculture-loan rate rows are not substituted for this scheme table.
Source
PNB Interest Rates on Advances
Page / section
NRLM / SRLM specific-scheme rate table; w.e.f. 01-10-2026
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
NRLM revolving fund₹10,000–₹15,000 per SHG under NRLM. The linked PNB scheme sheet states that capital subsidy has been discontinued under NRLM.View source
The page publishes revolving-fund amount per and says capital subsidy is discontinued.
Source
Financing to under National Rural Livelihood Mission
Page / section
page 1, Financial assistance
Accessed
3 Oct 2026
Confidence
high
Open official source ↗
BenchmarkUp to ₹3 lakh: fixed 7.00% p.a.; ₹3–5 lakh: lower of 1-year MCLR or 10%; ₹5–20 lakh and NPA accounts: 1-year MCLR plus tenure-based spreads; above ₹20 lakh: risk-rated.Effective 1 Oct 2026View source
The source separates the flat up-to-₹3-lakh band, capped 1-year- band, tenure-spread bands (including accounts), and risk-rated amounts above ₹20 lakh.
Source
PNB Interest Rates on Advances
Page / section
Section 2.1, NRLM/SRLM rate table; current table effective 01-10-2026
Accessed
6 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • The bank sheet advises a minimum ₹6 lakh cash-credit sanction for eligible , with annual drawing-power review
  • Specific scheme interest bands are published by PNB and vary by outstanding balance and repayment term

Eligibility

  • Group membership, operating history, Panchasutras and grading conditions apply; revived defunct must be active for at least 3 months.

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

Related official documents

PNB Interest Rates on Advances — current agriculture and specific-scheme ratesofficial-rate-table · current · accessed 6 Oct 2026
↗
Financing to SHGs under National Rural Livelihood Missionofficial-agriculture-scheme-pdf · current · accessed 3 Oct 2026
↗

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Loan repayment estimate

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One monthly payment₹19,382nineteen thousand three hundred eighty-two rupees
Interest paid over the full loan₹21,51,794twenty-one lakh fifty-one thousand seven hundred ninety-four rupees
Everything you repay₹46,51,794forty-six lakh fifty-one thousand seven hundred ninety-four rupees

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Group size · Published terms10–20 persons; minimum 5 for difficult/remote tribal areas or groups with disabled persons

This value is copied from NRLM — eligibility and credit limits. Check the table notes before relying on it.

Source: Financing to under National Rural Livelihood Mission · page 1, Eligibility, Financial assistance and Quantum of loan Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 14 rows · 2 columnsNRLM SHG — eligibility and credit limitsView tableHide table

Scroll sideways to view every column

NRLM SHG — eligibility and credit limits
Requirement / stagePublished terms
Group size10–20 persons; minimum 5 for difficult/remote tribal areas or groups with disabled persons
Operating historyActive for at least 6 months per the group's books, not from savings-account opening
Group practicesRegular meetings, savings, inter-lending, timely repayment and up-to-date books (Panchasutras)
GradingMust qualify under grading norms; a federation may grade after federations exist
Revived groupDefunct may qualify after revival and at least 3 months active
Revolving fund₹10,000–₹15,000 per ; capital subsidy discontinued under NRLM
Cash credit — initial advised sanctionAt least ₹6 lakh for 3 years; annual drawing power and repayment-based enhancement
Cash credit — year 16× existing corpus or ₹1.5 lakh minimum, whichever is higher
Cash credit — year 28× reviewed/enhanced corpus or ₹3 lakh minimum, whichever is higher
Cash credit — year 3At least ₹6 lakh based on micro-credit plan, appraisal and prior credit history
Cash credit — year 4 onwardAbove ₹6 lakh based on micro-credit plan, appraisal and prior credit history
Term loan — dose 16× existing corpus or ₹1.5 lakh, whichever is higher
Term loan — dose 28× corpus or ₹3 lakh, whichever is higher
Term loan — doses 3 and 4At least ₹6 lakh each, based on plan, appraisal and prior credit history
  • The document does not state a fixed maximum sanction ceiling. Drawing power and later doses remain corpus-, appraisal- and history-based.
Financing to under National Rural Livelihood Mission · page 1, Eligibility, Financial assistance and Quantum of loan · accessed 3 Oct 2026Open official source ↗
Table 2 · 6 rows · 3 columnsPNB NRLM/SRLM interest-rate scheduleView tableHide table

Scroll sideways to view every column

PNB NRLM/SRLM interest-rate schedule
Outstanding/account conditionRepayment termRate
Up to ₹3 lakhAll terms7.00% p.a.
Above ₹3 lakh to ₹5 lakhAll termsLower of 1-year or 10% p.a.
Above ₹5 lakh to ₹20 lakh; or account irrespective of amountUp to 1 year1-year +2.10%
Above ₹5 lakh to ₹20 lakh; or account irrespective of amountOver 1 year to 3 years1-year +2.15%
Above ₹5 lakh to ₹20 lakh; or account irrespective of amountOver 3 years1-year +2.70%
Above ₹20 lakhAll termsInternal/external risk rating-based
  • PNB's 1-year is 8.80% w.e.f. 1 October 2026; applicable rate depends on outstanding and repayment term.
PNB Interest Rates on Advances · NRLM/SRLM specific scheme rate table, effective table · accessed 3 Oct 2026Open official source ↗

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