Successful Organization of ‘MSME Outreach Program 2025’ by PNB

Mohali, February 13, 2025: Punjab National Bank (PNB) successfully organized the “PNB MSME Outreach Program 2025” at its Circle Office in Phase-2, Mohali. This expo proved to be especially beneficial for customers who wish to start a startup, establish an industry, or expand their existing business.

The program provided detailed insights into various government schemes, including PM Vishwakarma, PMEGP, and PNB’s exclusive schemes such as PNB E-GST and PNB Prime Plus. On this occasion, in-principle sanction letters were also distributed to customers from various branches.

PNB Circle Head, Mr. Pankaj Anand, stated that during the expo, fast-track loan approvals, special offers, and discounts were provided. Customers had the opportunity to interact directly with MSME industrialists from the Tricity region and PNB bank officials.

LDM Mr. M.K. Bhardwaj informed that senior officials from PNB Headquarters, Delhi, including DGM Mr. Sabha Sachi Biswas, were present to facilitate and expedite the loan approval process on the spot. Eligible customers were also granted immediate loan sanction letters.

Key Achievements of PNB MSME Outreach Program 2025:

A total of 61 leads, with an estimated value exceeding 91 crore.
Inprincipal Sanction of 26 cases, amounting to 4.54 crore.

NABARD CGM Mr. Raghunath B. expressed gratitude to the PNB team and stated that this MSME Outreach Program is a significant initiative by PNB to promote financial inclusion and institutional finance. He urged the public to take maximum advantage of PNB’s special loan schemes.

The event was graced by the presence of distinguished guests, including Mr. Gurkamal Singh (Assistant Director, DIC, Punjab Government), Mr. Virender Singh (State Director, KVIC Punjab), Mr. Manpreet Singh (Assistant Commissioner, MC Mohali), Mr. Arshjeet Singh (GM, DIC Mohali), Mr. Sabha Sachi Biswas (DGM, PNB Headquarters), Mr. R.K. Meena (DGM, SLBC Punjab), PNB Deputy Circle Head Mr. Sanjeet Kumar Kondal, MCC AGM Mr. Sanjay Verma, LDM Mr. M.K. Bhardwaj, PNB RST Mohali Director Mr. Amandeep Singh, Chief Manager Mr. Vijay Nagpal, Chief Manager Mr. Gulshan Verma, Chief Manager Mr. Ramesh Kumar, Chief Manager Mr. Sohan Lal, Mr. Sanjeev Deora, Mr. Pawanjeet Gill, industrialists from Tricity, Mr. Baljeet Singh (President, Mohali Industries Association), and other senior officials.

The MSME Outreach Program organized by PNB proved to be an excellent opportunity for individuals looking to secure loans for their startups or business expansion.

By Gurpreet Singh

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