Congratulations!
Your In-principle approval Letter
Application No. CW-AWC-257433-1795855
To , ARAKHITA DEO
Approved on : 05-01-2022
We are pleased to inform that you have received an in-principle approval for Working Capital
Mudra loan of Rs.150,000/- This will be subject to satisfactory submission of various
documents etc. by you and satisfactory Due Diligence and other Reports as per
requirements of the Bank.
Product MUDRA Loan - PNB - Working Capital No-ITR
Loan amount Rs 150,000
Interest rate 8.2 %
Loan Tenure Renewable Annually
Processing Fees 0.85 % (Min Rs.500 Max Rs.10,000)
EMI RsNA
Category Kishor
Bank Branch Details
Branch Name PURI,GRAND ROAD
Branch Code 322400
IFSC Code punb0322400
Contact No. -
Address PURI,GRAND ROAD Puri Odisha
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The Bank representative will contact you soon for further proceedings. Now all you need to
do is to keep the documents ready in original along with a copy of this letter for swift
proceedings and processing. These documents/papers/enclosures (copies and originals) will
be required for appraisal and processing of loan.
Note:
• The Banker will have the option to request shifting of existing facilities / limits to their Bank
OR ask for pari-passu charges / exclusive charges as the case
• Applicant will also be liable to bear the actual expenses pertaining to Stamp duty,
Registration Charges, Government & Other charges and taxes as and when applicable. In
addition to this, Legal fee, Valuation fee, and other actual costs pertaining to the
processing of loan may be borne by the applicant.
Indicative list of documents: Refer attached sheet
The document requirements mentioned above are indicative and Bank reserves the right to
call upon additional documents at its discretion based on credit, risk, compliance, loan and
other applicable policies/guidelines of the Bank.
Disclaimer:
The in-principle approval for the loan is subject to the accuracy and correctness of information and data provided by you, its successful
verification and satisfactory completion of comprehensive due diligence as per Banks standards and regulations. This letter shall stand
unilaterally revoked and cancelled by us and shall be absolutely null and void, if any discrepancies are found in the information and data
you have provided based on which the said loan is in -principally approved by the Bank. Please note that availability of Loan/ Finance shall
be at the sole discretion of the Bank. The Bank reserves the right to approve /reject any loan application without assigning any reason
whatsoever.
PSBLOANSIN59MINUTES merely acts as an online platform for availing Loan from the Bank & does not make any loan offer or does not
guarantee any loan on its own behalf as well as on the behalf of the Bank. There will be no liability of the platform with respect to the
Products rolled out by any Bank on the Platform.
Please note that, the Platform/Company or any authorized person of it’s never ask you to pay or authorized someone to give any services
on behalf of you post issuance of this in-principle approval. Kindly refrain from giving any information or money to such person.
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the Intellectual Property or issuer of such products.
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