PNB Pre-Approved Business Loan: Eligibility Criteria and Application Process

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PNB Pre-Approved Business Loan

PNB Pre-Approved Business Loan: Punjab National Bank (PNB) offers a pre-approved business loan designed to empower Micro and Small entrepreneurs. This financial assistance is exclusively available for existing Savings/Current account holders with a minimum banking relationship of 12 months at PNB. Individuals or those in a proprietorship capacity are eligible to apply, ensuring a seamless application process for eligible candidates.

Eligibility Criteria:

  1. Account Relationship: Applicants must hold an existing Savings or Current account with PNB and have a banking relationship of at least 12 months.
  2. Individual/Proprietorship Capacity: Only individuals or those operating in a proprietorship capacity are allowed to apply for the pre-approved business loan.
  3. Micro or Small Entrepreneur: Applicants should fall under the category of Micro or Small entrepreneurs, emphasizing support for small-scale business ventures.
  4. Document Verification: PAN, Aadhaar number, and the latest address should be updated in the PNB account for seamless processing of the loan application.
  5. Mobile Number Registration: The applicant’s mobile number must be registered with the bank, and the UIDAI (Unique Identification Authority of India).
  6. Location during Application: Applicants should be present at the unit, business place, or residence while applying for the loan, ensuring a personalized and efficient application process.
  7. Loan Utilization: The loan amount, capped at Rs. 100,000, should be utilized exclusively for business activities, aligning with the purpose of the pre-approved business loan.
  8. Age Limit: The age of the applicant should be between 18 to 60 years, ensuring a diverse range of eligible entrepreneurs.
  9. Udyam Registration: Applicants must have a valid Udyam Registration Number, which can be generated by visiting This step ensures compliance with regulatory requirements for small and micro-enterprises.
  10. Loan Repayment: The maximum repayment period for the loan is 60 months, providing flexibility for entrepreneurs to manage their finances effectively.

Application Process:

  1. Ensure eligibility by meeting the specified criteria.
  2. Register for Udyam by visiting, if not already registered.
  3. Log in to the PNB portal for pre-approved business loans.
  4. Provide accurate details, including the Udyam Registration Number.
  5. Submit necessary documents for verification.
  6. Await approval, as only pre-qualified customers can apply for the loan.
  7. Once approved, utilize the loan amount for designated business activities.
  8. Adhere to the repayment schedule over the agreed-upon period.


The PNB pre-approved business loan is a tailored financial solution for eligible Micro and Small entrepreneurs. By adhering to the specified eligibility criteria and following a straightforward application process, individuals can access funds to bolster and expand their business ventures. With a focus on transparency and efficiency, PNB aims to support the growth and development of small-scale enterprises in India.

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