Business, & agriculture finance

PNB Stand By Line of Credit for

A demand loan for an existing unit's temporary liquidity mismatch. The facility is 25% of existing working-capital limits, capped at ₹1.25 crore, and must be repaid within 12 months.

Facility amount25% of existing working-capital limits (fund-based plus non-fund-based), for units whose existing limits are up to ₹5 crore; maximum ₹1.25 crore. No minimum amount is stated.Interest rate0.50 percentage point above the borrower's sanctioned Cash Credit rate. The actual rate therefore depends on that existing sanctioned rate; no standalone all-in rate is stated.Eligible borrower and account statusExisting units with limits up to ₹5 crore. All ratings are eligible; the account must be Standard, while SMA-0, SMA-1 and SMA-2 are also eligible. External risk-rating guidelines apply when total exposure including PNB SLC exceeds ₹5 crore.

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✓ 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.

Eligible borrower and account statusExisting units with limits up to ₹5 crore. All ratings are eligible; the account must be Standard, while SMA-0, SMA-1 and SMA-2 are also eligible. External risk-rating guidelines apply when total exposure including PNB SLC exceeds ₹5 crore.View source

Eligibility bullets a–c and the exposure-rating condition are preserved; ratings do not waive the account-status or exposure conditions.

Source: PNB Stand By Line of Credit for
Page / section: Actual page 1, Eligibility and Other Conditions
Accessed: 8 Oct 2026
Confidence: high

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The sheet sets the facility at 25% of existing FBWC plus NFBWC, capped at ₹1.25 crore; no minimum is printed.

Source: PNB Stand By Line of Credit for
Page / section: Actual page 1, Loan amount
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Interest rate0.50 percentage point above the borrower's sanctioned Cash Credit rate. The actual rate therefore depends on that existing sanctioned rate; no standalone all-in rate is stated.View source

The published 0.50% is a spread over each borrower's sanctioned Cash Credit rate, not an absolute customer rate. The source also says extension of PNB SLC does not change the primary account's originally sanctioned rate.

Source: PNB Stand By Line of Credit for
Page / section: Actual page 2, Interest Rate
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Repayment periodMaximum 12 months from sanction, including every tranche. Repayment may be monthly, quarterly, half-yearly or in one go; interest is recovered as due.View source

All tranches must be liquidated within 12 months from the sanction date; installment periodicity and one-go repayment are both retained.

Source: PNB Stand By Line of Credit for
Page / section: Actual page 2, Disbursement and Repayment
Accessed: 8 Oct 2026
Confidence: high

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Margin and securityMargin on PNB SLC: nil. Security: hypothecation of stocks and receivables (including GST receivables) with extension of charge on primary/collateral security. Existing working-capital limits retain their sanctioned margin and stock/receivable cover; double financing of GST drawing power is prohibited.View source

Nil margin does not mean unsecured: the sheet explicitly requires hypothecation and an extension of charge. It separately retains margin on existing limits and bars duplicate drawing power.

Source: PNB Stand By Line of Credit for
Page / section: Actual page 2, Margin and Security
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Fees and chargesProcessing fee: nil. The scheme separately requires documentation and Registrar of Companies formalities under extant instructions before disbursement; their amount is not stated in this scheme sheet. No prepayment charge; overdue penal interest is the same as applicable to the Cash Credit account.View source

The scheme explicitly prints Processing Fee: Nil and no prepayment charges; it leaves documentation/ROC charge to extant instructions and penal interest to the Cash Credit account rule. Generic charges were not applied over the scheme row.

Source: PNB Stand By Line of Credit for
Page / section: Actual pages 1–2, Disbursement and Repayment; Documentation/ROC charge; Processing Fee; Interest Rate
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Documents and formalitiesCA certificate of outstanding receivables and pending GST dues through months for which returns are filed; CA-issued UDIN on the certificate, verified by the branch on the ICAI portal; documentation under PNB's extant instructions before disbursal; ROC formalities after sanction and before disbursement. See the separate PNB general MSME checklist for conditional items.View source

The certificate and UDIN/branch verification are SLC-specific. The general checklist is shown separately with all item-level applicability conditions and is not misrepresented as an SLC-specific exhaustive list.

Source: PNB Stand By Line of Credit and PNB current general loan application checklist
Page / section: Scheme page 1, Other Conditions; page 2, Documentation/ROC charge; general checklist pages 1–2, items 1–25 with conditions
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Benefits and features

Finances temporary mismatches caused by delayed receivables, input-tax credits including exports, and other business requirements
Sanctioned limit may be drawn in one go or in multiple tranches
Nil margin and no prepayment charge under the scheme
Processing fee is nil; documentation and Registrar of Companies formalities still apply

Eligibility

Existing units with limits up to ₹5 crore; when total exposure including PNB SLC exceeds ₹5 crore, external risk-rating guidelines apply.
All ratings are eligible; the account must be Standard, with SMA-0, SMA-1 and SMA-2 accounts also expressly eligible.
Only one facility may be outstanding at a time: an adhoc facility or PNB SLC. Any outstanding adhoc facility must be liquidated from PNB SLC proceeds.

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

Documents the bank lists

Chartered Accountant certificate confirming outstanding receivables and pending dues through the months for which returns have been filed.
The Chartered Accountant must obtain a Unique Document Identification Number (UDIN), print it on the certificate, and the branch must verify it on the UDIN portal.
Documentation under PNB's extant instructions must be executed before disbursal; Registrar of Companies formalities must be completed after sanction and before disbursement.
PNB's general checklist contains additional conditional items; see the full checklist table on this page. It is not an SLC-specific exhaustive list.

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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.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

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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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.

TableParameter

Product type · Published termsDemand loan; fund-based limit only.

This value is copied from PNB Stand By Line of Credit — complete published scheme terms. Check the table notes before relying on it.

Source: PNB Stand By Line of Credit (PNB SLC) for to fund temporary liquidity mismatch · Actual pages 1–2, all rows and bullets Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 20 rows · 2 columnsPNB Stand By Line of Credit — complete published scheme termsView tableHide table

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PNB Stand By Line of Credit — complete published scheme terms
Parameter	Published terms
Product type	Demand loan; fund-based limit only.
Purpose	Temporary liquidity mismatch from delayed realization of receivables, input-tax credits (including exports), and other business requirements.
Existing-limit eligibility	Existing units with limits up to ₹5 crore are eligible. Where total exposure including PNB SLC exceeds ₹5 crore, external risk-rating guidelines apply.
Rating and account status	All units irrespective of rating; account must be Standard. SMA-0, SMA-1 and SMA-2 accounts are also eligible.
Facility amount	25% of existing working capital (fund-based plus non-fund-based) for eligible units; maximum ₹1.25 crore. Limit is sanctioned in one go; it may be drawn in tranches. No minimum is stated.
Adhoc facility	Any adhoc facility outstanding when PNB SLC is granted must be liquidated from its proceeds. Borrower may have only one of these at a time: adhoc facility or PNB SLC.
Receivables/ certification	Chartered Accountant certificate must certify outstanding receivables and pending dues through the months for which returns have been filed.
UDIN	The Chartered Accountant must obtain a Unique Document Identification Number, state it on the certificate, and the branch must verify it on the UDIN portal.
Exposure treatment	PNB SLC is counted as borrower exposure; prudential norms apply.
Drawdown	Sanctioned amount may be taken in one go or in tranches.
Repayment period and frequency	All amounts, including multiple tranches, must be repaid within 12 months from sanction. Repayment may be monthly, quarterly, half-yearly or in one go; interest is recovered as due.
Early repayment and repeat draw	Early repayment is permitted without prepayment charge. After early liquidation, borrower may apply again for a draw in one go or tranches; subsequent drawdowns follow the same sanction-date repayment deadline.
PNB SLC margin	Nil.
Existing-limit margin and drawing power	Existing limits retain their sanctioned margin and must continue to be covered by stock and receivable values. Branch must prevent double financing by not using the portion already considered for drawing power on other working-capital limits.
Interest rate	0.50 percentage point above the sanctioned Cash Credit rate.
Primary account rate	The originally sanctioned rate on the primary account is not changed because collateral coverage changes when PNB SLC is extended.
Overdue interest	Penal interest applicable to the Cash Credit account applies if PNB SLC is not repaid within the stipulated period; the scheme sheet gives no separate numeric penal rate.
Security	Hypothecation of stocks and receivables ( and other credit); extension of charge on primary security/collateral security.
Documentation and ROC	Documentation under extant instructions must be executed before disbursal. ROC formalities must be completed on sanction and before disbursement; the sheet gives no numeric ROC/documentation charge.
Processing fee	Nil.

Source metadata subject date is 30-12-2019; PNB's current catalogue, last updated 19-08-2026, still lists and links this sheet. No later scheme revision date is visible.
The has two actual pages; both footers inconsistently say Page 1 of 3 and Page 2 of 3. PNB's official pnbindia.in mirror likewise serves two actual pages with the same content. This anomaly is recorded rather than silently implying a third page was reviewed.
The 25-row general checklist is a separate table below. Its conditions are conditional and are not all SLC-specific requirements.

PNB Stand By Line of Credit (PNB SLC) for to fund temporary liquidity mismatch · Actual pages 1–2, all rows and bullets · accessed 8 Oct 2026Open official source ↗

Table 2 · 25 rows · 3 columnsPNB general MSME checklist — full published itemsView tableHide table

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PNB general MSME checklist — full published items
Item	Document / information requested	Condition
1	Asset and liability statement of proprietor/partners/directors	As applicable to the entity
2	SSI/ registration and registration certificates	If applicable
3	Rent agreement for rented business premises; Pollution Control Board clearance	If applicable
4	Applicant should not be a defaulter with any bank/financial institution	Applicant condition in checklist
5	Account statement for the last 6 months with existing bankers	Existing bankers
6	Three 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 loans	Financial records and projection periods depend on facility
7	Borrowing concern's year-to-date performance (balance sheet, profit and loss, etc.)	As requested in checklist
8	Information on legal heirs and relationship to applicant	Individual/sole proprietor/partner/ cases
9	Government 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 projections	Term loans; items depend on project
10	Month-wise sales and production; imported/indigenous raw materials; work-in-progress/finished stock; debtors, creditors and bank working-capital/term/bill-discounting outstanding	Account review information
11	Manufacturing process, executive profiles, tie-ups, raw-material suppliers, buyers, competitors and comparative strengths/weaknesses	Manufacturing/where applicable
12	Top 20 major suppliers and customers, with contact number/address	As requested in checklist
13	Unit profile: promoters/directors, business activity, office/plant addresses and shareholding pattern	As applicable to entity
14	External risk rating copy	If applicable/available for facility
15	Lease/title deeds and approved plans for properties offered as primary/collateral security	Where property security is offered
16	Agreement with principal	Distributors/sole selling agents/franchises
17	Proof of minority status	If applicable (the checklist cites SC/ST/OBC etc.)
18	Borrowing concern and promoters'/directors'/partners' income-tax returns	As requested in checklist
19	Associate/allied concern details and their last three years' financial statements/borrowing arrangements	Where associates/allied concerns exist
20	Other-bank/FI sanction terms and reason for takeover	Takeover cases
21	Existing-bank account position and confirmation that the asset is standard	Takeover cases
22	Orders in hand, status and copies of orders/letters of intent/contracts	Bank-guarantee limit
23	Lease deeds, lease term/unexpired period/renewal/exit/penalty; lessor profile and lessee constitution, management, scale, years, business and profitability	Future-lease-rental discounting only
24	Sanction letters with detailed terms and conditions	Existing sole/multiple/consortium-bank limits
25	Any other document required under prevailing bank guidelines	Bank's residual request

PNB's full general checklist. Each row's conditional scope is retained; it is not a scheme-specific exhaustive list, and applicants must use the requirements applicable to their entity and facility.

PNB loan documents checklist — current linked · pages 1–2, checklist items 1–25 · accessed 8 Oct 2026Open official source ↗

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PNB Stand By Line of Credit for MSMEs

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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PNB Artisan Credit Card

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PNB Stand By Line of Credit for