Public Sector Bank (PSU)Working Capital Facility (CC / OD)Small Enterprise (Investment ≤ ₹10 Cr)🛡️CGTMSE CoveredVerified: 2026-09-29

PNB GST Express Business Loan

Primary Lending Institution:Punjab National Bank (PNB)

₹10 Lakh to ₹5 Crore MSME credit at 8.75% – 10.50% with Up to 12 months (Revolving) tenure.

Interest Rate8.75% – 10.50%Linked to EBLR / MCLR / Risk

Loan Amount Quantum₹10 Lakh to ₹5 CroreBased on turnover & project cost

Repayment TenureUp to 12 months (Revolving)With moratorium where applicable

Collateral SecurityBorrower must have active GST registration with minimum 12 months filed GSTR-3B and GSTR-1 returns.

What's Missing: Crucial Fine-Print & Exclusion Gaps

Borrower must have active GST registration with minimum 12 months filed GSTR-3B and GSTR-1 returns.

Note: Eligo publishes these regulatory and commercial exclusions directly from bank product guidelines and CGTMSE rules to protect MSME applicants from unexpected fee debits or loan rejection surprises.

What is PNB GST Express Business Loan?

Turnover-based credit line computed directly from verified GST return filings, providing instant working capital without deep financial ratios.

Key Benefits & Features

Credit limit linked directly to verified GST turnover; paperless digital validation; fast sanction within 3 business days.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Businesses with annual GST turnover exceeding ₹50 Lakh and regular monthly tax filings.

Business Vintage1+ Years in Operation

Min. Annual Turnover₹50.0 Lakh

Processing Fee0.50% + GST

Prepayment TermsZero prepayment penalty on floating rate loans as per regulatory norms

How to Apply (3 Verified Paths)

💼Path 1: Current Account Portal

Apply online via business net banking or approach loan account manager.

🌐Path 2: Official FinTech / Govt Portal

Apply online at https://www.pnbindia.in/pnb-gst-express.html with digital KYC and financial statements.

🏢Path 3: SME Banking Center Walk-In

Visit nearest MSME branch of the institution with business registration and bank statements.

Eligo does not collect business loan applications or financial data. Apply directly on the verified official domain:

Visit Official Portal↗

Documents Required Checklist

Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.

Frequently Asked Questions

What is the maximum loan tenure and amount for PNB GST Express Business Loan?

Borrowers can avail ₹10 Lakh to ₹5 Crore with a repayment tenure of Up to 12 months (Revolving).

What are the processing charges and collateral terms for PNB GST Express Business Loan?

The processing fee is 0.50% + GST. Collateral terms: Borrower must have active GST registration with minimum 12 months filed GSTR-3B and GSTR-1 returns.

What are the eligibility criteria for PNB GST Express Business Loan?

Businesses with annual GST turnover exceeding ₹50 Lakh and regular monthly tax filings. Minimum business vintage required is 1 year(s).

How can an applicant apply for PNB GST Express Business Loan?

Apply online at https://www.pnbindia.in/pnb-gst-express.html or visit nearest branch with KYC, Udyam registration, and bank statements.