Public Sector Bank (PSU)Working Capital Facility (CC / OD)Micro Enterprise (Investment ≤ ₹1 Cr)🛡️CGTMSE CoveredVerified: 2026-09-29

Punjab & Sind Bank PSB Vyapar Scheme

Primary Lending Institution:Punjab & Sind Bank

₹2 Lakh to ₹2 Crore MSME credit at 8.80% – 10.45% with Up to 5 years tenure.

Interest Rate8.80% – 10.45%Linked to EBLR / MCLR / Risk

Loan Amount Quantum₹2 Lakh to ₹2 CroreBased on turnover & project cost

Repayment TenureUp to 5 yearsWith moratorium where applicable

Collateral SecurityRequires commercial premises and municipal trade license.

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

Requires commercial premises and municipal trade license.

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 Punjab & Sind Bank PSB Vyapar Scheme?

Credit line for retail traders, wholesalers, and grain merchants providing seasonal working capital.

Key Benefits & Features

Flexible overdraft operations; lower documentation; competitive interest rate.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Commercial traders with minimum 1 year trade existence.

Business Vintage1+ Years in Operation

Min. Annual Turnover₹10.0 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://punjabandsindbank.co.in/content/psbvyapar 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 Punjab & Sind Bank PSB Vyapar Scheme?

Borrowers can avail ₹2 Lakh to ₹2 Crore with a repayment tenure of Up to 5 years.

What are the processing charges and collateral terms for Punjab & Sind Bank PSB Vyapar Scheme?

The processing fee is 0.50% + GST. Collateral terms: Requires commercial premises and municipal trade license.

What are the eligibility criteria for Punjab & Sind Bank PSB Vyapar Scheme?

Commercial traders with minimum 1 year trade existence. Minimum business vintage required is 1 year(s).

How can an applicant apply for Punjab & Sind Bank PSB Vyapar Scheme?

Apply online at https://punjabandsindbank.co.in/content/psbvyapar or visit nearest branch with KYC, Udyam registration, and bank statements.