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

PNB MSME Sajag Working Capital Scheme

Primary Lending Institution:Punjab National Bank (PNB)

₹5 Lakh to ₹5 Crore MSME credit at 8.65% – 10.25% with Up to 12 months (Renewable) tenure.

Interest Rate8.65% – 10.25%Linked to EBLR / MCLR / Risk

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

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

Collateral SecurityRequires minimum 1 year satisfactory account operations and formal GST registration.

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

Requires minimum 1 year satisfactory account operations and formal GST registration.

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 MSME Sajag Working Capital Scheme?

Streamlined working capital facility for manufacturing and service MSMEs assessing cash credit limits on simplified turnover basis.

Key Benefits & Features

Quick renewal cycle; competitive interest rate linked to PNB RBLR; simplified balance sheet assessment.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Existing MSME units with registered commercial premise and clean credit bureau track.

Business Vintage1+ Years in Operation

Min. Annual Turnover₹25.0 Lakh

Processing Fee0.40% + 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-msme-sajag.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 MSME Sajag Working Capital Scheme?

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

What are the processing charges and collateral terms for PNB MSME Sajag Working Capital Scheme?

The processing fee is 0.40% + GST. Collateral terms: Requires minimum 1 year satisfactory account operations and formal GST registration.

What are the eligibility criteria for PNB MSME Sajag Working Capital Scheme?

Existing MSME units with registered commercial premise and clean credit bureau track. Minimum business vintage required is 1 year(s).

How can an applicant apply for PNB MSME Sajag Working Capital Scheme?

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