PNB Loan - Bank offers these 4 amazing credit schemes exclusively to women
Women who want to be financially independent and do something on their own have a great opportunity to do something about it and money should not be a deterrent. India's second largest public sector bank Punjab National Bank (PNB) has several programmes to assist women
Women who want to be financially independent and do something on their own have a great opportunity to do something about it and money should not be a deterrent. India's second largest public sector bank Punjab National Bank (PNB) has several programmes to assist women. The bank has been running schemes exclusively for women to help them with credit as part of their priority sector lending.
Here are four such schemes for women
1) PNB Mahila Udyam Nidhi Scheme - As per the bank, this scheme has been designed to meet gap in equity. Under this scheme, the women entrepreneurs are assisted for setting up of new projects in tiny or small scale sectors. The bank also offers credit for the rehabilitation of viable sick Small Scale Industrial (SSI) units. Existing tiny and small scale industrial units and service industries undertaking expansion, modernization technology up gradation and diversification can also be considered.
2) PNB Mahila Samridhi Yojna - Under This Scheme, four schemes have been launched under the umbrella of one scheme. These are for purchase of required infrastructure for Setting up of the units.
3) Scheme for financing creches - This scheme has been launched to provide support services for women empowerment. This scheme is extended to working women in the business of creches with necessary services by making cheaper and easier credit available for financing creches. The bank assists women for purchase of required infrastructure for setting up Creches like basic equipment, utensils, stationers, growth monitoring equipment, fridge, cooler/fan, water filter, etc and for recurring expenditure for one month.
4) PNB Mahila Sashaktikaran Abhiyan - Under this scheme, following concessions will be admissible, the bank says. Its scheme - Trade Related Entrepreneurship Assistance and Development (TREAD) - envisages extension of credit by the bank and grant by the Government of India to not-for-profit-organisations for the benefit on lending to women either through SHGs or individually for setting up of small and micro enterprises in non-farm sector.
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Women who want to benefit from these schemes can contact the bank for further details.
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