Direct tax/Income tax
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PNB MetLife Premium
Bank has launched EMV chip based debit card
We are privileged to introduce to you our new product, a Prepaid PNB World Travel Card
Corporate clients even who is not listed in any of the stock exchanges
The Debit Card offers at a glance.
To meet working capital requirement for trading activities either by traders OR by other services sector entrepreneurs doing trading of materials/goods/equipments required for rendering service in which they are engaged.
All MSME entrepreneurs doing trading activities exclusively or as a part of service activities trading the materials/goods/equipments without any transformation for rendering services in which they are engaged with satisfactory experience of business and having financial statements of at least two preceding financial years.
Financing of stock and book debts (not older than four months)
Cash Credit – H &/Or CC (BD)
Minimum – Above Rs.10 lakh
Maximum – Rs.500 lakh
Against Stock & Book Debts- 25%, The sanctioning authority may stipulate higher margin.
1. Primary Security- Hypothecation of stocks and Assignment of book debts
2. Collateral Security- Minimum 150% (Realizable Value) of the loan amount in the form of mortgage of immovable property and/ or other liquid security duly charged to the bank.
ecurities mortgaged or hypothecated to the Bank shall be insured at borrower’s cost.
Earn reward points on transactions made at POS and e-commerce outlets
Deposit lockers are available to keep your valuables in a stringent and safe environment
Connect to our financial advisors to seek assistance and meet set financial goals.
Find PNB Branches and ATMs in proximity to your location.
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