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PNB Scheme for Tea Financing

PNB offers term finance for tea acquisition, estate quarters, plantations and eligible mini-factories, plus working capital, export credit, non-fund limits and bank guarantees. The scheme sheet normally caps combined exposure at 75% of tea-estate value and requires a mortgage of the estate unless exempted.

Maximum finance and estate-value limitFacilities are stated by purpose/type, without a fixed rupee ceiling. Total exposure across facilities to tea companies should normally not exceed 75% of the value of their tea estates.
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PNB Scheme for Tea Financing

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: The sheet names tea companies?

Published source: Eligible applicants and facility use

2Do you meet this requirement: large borrowers and leaf factories for tea-leaf production/factory working capital?

Published source: Eligible applicants and facility use

3Do you meet this requirement: and small borrowers for tea-leaf production working capital?

Published source: Eligible applicants and facility use

4Does your annual income meet this requirement: It gives no separate minimum income or further applicant-qualification rule?

Published source: Eligible applicants and facility use

5Do you meet this requirement: PNB's general checklist lists a duly completed agriculture-credit application?

Published source: General agriculture-credit document checklist

6Document checkDo you have this required document or proof: PNB's general agriculture-credit checklist lists a completed application, self-attested identity proof, residence proof, two recent photographs and land-record particulars. The bank does not publish a tea-company-specific document checklist in the reviewed scheme sheet?

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
0 of 8 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 typeTerm loans for tea acquisition, quarters, plantation/replantation/rejuvenation and a mini tea factory on merit; working capital for large borrowers/leaf factories and small tea-leaf producers; export-credit and non-fund working-capital limits; bank guarantee.View source
All seven published facility purposes/types are retained; working-capital borrower groups are distinguished.
Source
Scheme for Tea Financing
Page / section
page 1, Purpose and Type of Loan (a–g)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
PurposeAcquire tea; build, renovate or repair staff/workers' quarters; establish, replant or rejuvenate tea plantations; set up a mini tea factory on merit; fund tea-leaf production or factory operations; or provide export-credit/non-fund limits and bank guarantees.View source
Purpose wording preserves the distinct term-loan, working-capital and non-fund facilities.
Source
Scheme for Tea Financing
Page / section
page 1, Purpose and Type of Loan (a–g)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Eligible applicants and facility useThe sheet names tea companies; large borrowers and leaf factories for tea-leaf production/factory working capital; and small borrowers for tea-leaf production working capital. It gives no separate minimum income or further applicant-qualification rule.View source
The published scheme identifies tea companies and the named borrower groups for working capital; it does not give further eligibility thresholds.
Source
Scheme for Tea Financing
Page / section
page 1, Purpose and Type of Loan (e–f)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Maximum finance and estate-value limitFacilities are stated by purpose/type, without a fixed rupee ceiling. Total exposure across facilities to tea companies should normally not exceed 75% of the value of their tea estates.View source
The 75% condition caps combined exposure relative to estate value; it is not stated as a rupee loan ceiling or as a separate margin.
Source
Scheme for Tea Financing
Page / section
page 1, Security (a)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
SecurityTea estates should be mortgaged to PNB unless specifically exempted. Total exposure across facilities should normally not exceed 75% of tea-estate value. For new tea borrowing accounts, collateral security up to 25% of exposure is to be obtained in addition to the estate mortgage.View source
The estate mortgage, exposure ratio and additional new-account collateral are separate conditions.
Source
Scheme for Tea Financing
Page / section
page 1, Security (a–c)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Application decision timePNB's general agriculture-credit guideline lists maximum disposal 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 not an individual sanction-date promise.View source
The bank-wide published agriculture application timeline is reproduced separately from product approval or sanction.
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 ↗
General agriculture-credit document checklistPNB's general checklist lists a duly completed agriculture-credit application; self-attested identity proof; residence proof; two recent photographs not older than 6 months; and land-record particulars. The checklist does not publish tea-company/estate-specific documents and is not presented as exhaustive for this scheme.View source
The page lists the application, identity, residence, two photographs and land records; it does not state corporate tea-estate documents.
Source
PNB Agricultural Banking
Page / section
Documents Required for Agriculture Loan
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Conditional bank-wide prepayment/closure ruleFor a non-individual borrower taking over a loan to shift to another bank/FI, PNB's current schedule states 2% of the prepaid amount on term loans and 2% of the sanctioned limit when a cash-credit/overdraft facility is closed before its due date. For CC/OD, the stated charge does not apply if written non-renewal notice is given 3 months before the due date and the facility closes on that date. The page lists additional exemptions, including specified floating-rate individual/MSE loans, MSE borrowers, own-source repayment and other stated cases. Exact applicability depends on borrower, purpose, facility, rate type and closure route.View source
The rule is conditional and is not represented as a universal product charge; see the linked full terms table for all stated exceptions.
Source
PNB Credit Related Service Charges — current page
Page / section
Section 10.15, Pre-Payment/Fore Closure; full listed exceptions
Accessed
6 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term-loan, working-capital, export-credit, non-fund working-capital and bank-guarantee facilities are listed
  • The sheet covers tea acquisition, estate quarters, plantation work and a mini tea factory on merit

Eligibility

  • The sheet names tea companies, large borrowers, leaf factories and small borrowers for the specified facility types; it does not state a separate minimum income or additional applicant qualification.

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 application, self-attested identity proof, residence proof, two recent photographs and land-record particulars. The bank does not publish a tea-company-specific document checklist in the reviewed scheme sheet.

Related official documents

PNB Agriculture Loan Schemes catalogueofficial-product-catalogue-page · current · accessed 6 Oct 2026
↗
PNB Credit Related Service Charges — agriculture-credit scheduleofficial-service-charge-schedule · latest-reviewed-agriculture-specific-schedule · 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 Tea Financingofficial-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.

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Term loan — tea acquisition · Published termTerm loan for acquisition of tea.

This value is copied from PNB Scheme for Tea Financing — complete published terms. Check the table notes before relying on it.

Source: Scheme for Tea Financing · page 1, all Purpose and Type of Loan and Security clauses 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 Scheme for Tea Financing — complete published termsComplete transcription of the narrative purpose/type-of-loan and security clauses from the one-page PNB sheet.View tableHide table

Scroll sideways to view every column

PNB Scheme for Tea Financing — complete published terms
Scheme itemPublished term
Term loan — tea acquisitionTerm loan for acquisition of tea.
Term loan — staff/workers' quartersConstruction, renovation or repair of staff/workers' quarters.
Term loan — plantationNew plantation, replantation or rejuvenation in the tea estate.
Term loan — mini factoryTerm loan based on merit for setting up a mini tea factory.
Working capital — large borrowers/leaf factoriesFor tea-leaf production and/or running the factory.
Working capital — small borrowersFor tea-leaf production.
Other facilitiesExport-credit limit, non-fund-based working-capital limit and bank guarantee.
Exposure against estate valueTotal exposure across facilities granted to tea companies should normally not exceed 75% of tea-estate value.
MortgageTea estate(s) should be mortgaged to PNB unless specifically exempted.
New tea borrowing accountsCollateral security up to 25% of exposure is to be obtained in addition to the tea-estate mortgage.
Scheme for Tea Financing · page 1, all Purpose and Type of Loan and Security clauses · 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; not an 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

Scroll sideways to view every column

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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