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Punjab National Bank Mudra Loan

Punjab National Bank offers MUDRA loans up to Rs. 10 lakh under the Pradhan Mantri MUDRA Yojana (PMMY) to non-farm enterprises in trading, manufacturing and service sectors. Under PMMY, PNB offers the PNB e-MUDRA (SHISHU) scheme for a loan amount of up to Rs. 50,000, the PNB Kishore and Tarun Loan Scheme for a loan amount above Rs. 50,000 to Rs. 10 lakh and the PNB Weaver MUDRA Scheme, a working capital facility for handloom weavers, along with a Mudra card (RuPay card) with a limit of up to Rs. 50,000.
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PNB MUDRA Loan at a Glance

Particulars PNB Bank MUDRA Loan
Loan Amount Up to Rs. 10 lakh 
Facility Term Loan, Working Capital
Interest Rates 8.50% to 9.75%
Tenure Up to 7 years
Processing Fees NIL

Types of PNB MUDRA Loan Schemes

PNB e-MUDRA (SHISHU) Scheme

  • Purpose: PNB e-MUDRA (SHISHU) Scheme is offered in the form of a working capital term loan facility to non-farm enterprises involved in manufacturing, trading and service activities.
  • Loan Amount: Up to Rs. 50,000
  • Tenure: Up to 7 years  
  • Security:
    • Primary- Hypothecation of assets created out of the Bank’s finances
    • Collateral- Guarantee Coverage under CGFMU shall be obtained

PNB Kishor & Tarun Scheme:

  • Purpose: Extend collateral-free business loans to the non-farm sector of micro enterprises engaged in the business of manufacturing, trading and service sector in rural, urban and metro areas for income generation purposes
  • Eligibility: Any individual/proprietary concern/partnership firm/company/association of persons (AOP) / limited liability partnership (LLP) / etc, and not a defaulter to any Bank / Financial Institution, is eligible to avail Mudra loan.
  • Loan Amount: As per category:
    • Kishore (Loans above Rs. 50,000 to Rs. 5.00 lakh)
    • Tarun (Loans above Rs. 5.00 lakh to Rs. 10.00 lakh)
  • Tenure: Up to 7 years

PNB WMS (Weaver MUDRA Scheme)

  • Purpose: Punjab National Bank offers the PNB Weaver MUDRA Scheme to meet the working capital requirements of handloom weavers. The lender also issues Mudra Card (RuPay card) under this scheme, with a limit of up to Rs. 50,000.
  • Eligibility: Existing Handloom Weavers are eligible, having a satisfactory CIBIL.
  • Loan Amount: Up to Rs. 5 lakh
  • Margin: 20% of the loan for the loan amount up to Rs. 10,000, by the Union Ministry of Textiles
  • CGTMSE Fees:
    • For loans up to Rs. 50,000- 0.25% of the loan amount for 3 years
    • For loans above Rs. 50,000 and up to Rs. 5 lakh- for 3 years

Punjab National Bank MUDRA Loan Eligibility Criteria

Individuals, proprietary concerns, partnership firms, association of persons (AOP), limited liability partnership (LLP) and companies are eligible for the PNB MUDRA Loan scheme. The eligible applicant should not be a defaulter to any bank/financial institution. The lender also offers the PNB Weaver MUDRA Scheme to handloom weavers having a satisfactory CIBIL score.

Punjab National Bank MUDRA Loan Documents Required

PNB e-MUDRA (SHISHU) Scheme

  • Identity Proof- Aadhaar card, Voter ID, Passport, PAN Card, Driving License and photo IDs issued by government authorities.
  • Address Proof- Voter ID, Passport, Aadhaar card, telephone bills, electricity bills, receipt of property tax, passport of individual/partners/proprietors, certificate issued by government authority/municipality/local panchayat.
  • Recent photograph (not older than 6 months)
  • ID proof and address proof of business enterprise
  • Account statement from existing banker for the last 6 months
  • Proof of Minority/ST/SC/OBC, if applicable
  • Quotation of machinery or other items to be purchased

PNB Kishore and Tarun MUDRA scheme

  • Identity proof- Aadhaar card, PAN card, voter ID, driving license, passport and photo IDs issued by the government authority
  • Address Proof- Utility bills (telephone bills, electricity bills, property tax receipt not more than 2 months old), voter ID, Aadhaar card, passport of individuals/proprietors/partners and certificate issued by Local Panchayat/Municipality/Government authority.
  • Two photographs of the applicant/Proprietor/ Partners/ Directors not older than 6 months.
  • Identity proof and address proof of business enterprise- copies of relevant licenses, lease or rent agreement, registration certificates, other documents pertaining to ownership, address proof of business unit or Udyog Aadhaar Memorandum.
  • Unaudited balance sheets of existing units for the last 2 years, along with income tax or sales tax returns (applicable for loan amounts of Rs. 2 lakh and above)
  • Account statement for the last 6 months from the existing banker.
  • Sales of the current financial year up to the date of submission of the application.
  • Projected balance sheets of start-ups or existing units for 1 year (in case of working capital) and for the entire loan tenure (in case of term loan)
  • Memorandum and Articles of Association of the company/partnership deed of partners, etc.
  • Asset and liability statement of the borrower, including directors and partners

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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

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FAQs

Who is eligible for a Mudra loan in PNB?

Any individual, proprietary concern, partnership firm, company, LLP, AOP, or similar entity that is not a defaulter with any Bank or Financial Institution is eligible to apply for a MUDRA loan.

How much loan can I get with PNB e-Mudra?

PNB e-MUDRA offers working capital loans up to Rs. 50,000 for a tenure of 7 years.

What is the interest rate of the PNB Mudra loan?

The interest of the PNB MUDRA loan starts from 8.50% onwards.

What is the repayment period for PNB Mudra?

The repayment tenure of PNB MUDRA loans goes up to 7 years.

How to apply for a PNB Mudra loan online?

To apply for a PNB MUDRA Loan, applicants can visit either the official PNB website or the official Gov. website of PMMY.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Lalit MaviFeb 12, 2026

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I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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