Punjab National Bank (PNB) has been conferred with the National Award for excellent performance in lending under Prime Ministers Employment Generation Programme (PMEGP) Scheme of KVIC in North Zone. The bank received the award from President of India and Minister of Micro, Small & Medium Enterprises, Government of India at Vigyan Bhawan, New Delhi on April 03, 2013.
PNB has always been front runner for implementation of various GOI schemes and programmes for Employment Generation, financial inclusion and Poverty alleviation.
In order to meet credit needs of Micro Enterprises, particularly to those who are not able to meet collateral security / guarantee requirements of Financial Institutions, PNB is extending collateral security free & guarantee free loans up to Rs.100 lakh to all Micro & Small Enterprises borrowers and these accounts are covered under credit guarantee scheme of Credit Guarantee Fund Trust for Micro & Small Enterprises.
