The scheme aims at improving the quality and reach of products/services of artisans and craftspeople and ensuring that the Vishwakarmas are integrated into domestic and global value chains.
It envisages end-to-end holistic support to artisans and craftspeople for their preferred trades.
Objective
The objectives of the Scheme are:
• Enable recognition of artisans/craftspeople as Vishwakarma to access all benefits.
• Provide skill upgradation through modern and relevant training.
• Provide easy access to collateral-free credit and reduce cost of credit via interest subvention.
• Promote digital transactions and financial inclusion.
• Provide branding, promotion and market linkages for better growth.
• Artisan/craftsperson working with hands and tools in self-employment or family-based traditional trades.
• Must be 18 years or older on the date of registration.
Benefits under PM Vishwakarma
The Scheme provides:
a) Recognition – PM Vishwakarma Certificate & ID Card
b) Skill Upgradation
c) Toolkit Incentive
d) Credit Support
e) Incentive for Digital Transactions
f) Marketing Support
Nature of Loan
Working Capital Term Loan (WCTL)
Disbursement
Loan amount will be disbursed into the Saving/Current Account of borrowers maintained with our bank.
Extent of Loan
• Total loan up to Rs. 3,00,000.
• 1st tranche up to Rs. 1,00,000 and 2nd tranche up to Rs. 2,00,000.
• 2nd tranche only after repayment of 1st tranche and completion of Advanced Skill Training.
Tenure
Tranche
Amount (Rs.)
Tenure (Months)
1st Tranche
Up to 1,00,000
18 Months
2nd Tranche
Up to 2,00,000
30 Months
Moratorium
No moratorium period (NIL)
Margin
NIL
PM VISHWAKARMA SCHEME
Purpose
The scheme aims at improving the quality and reach of products/services of artisans and craftspeople and ensuring that the Vishwakarmas are integrated into domestic and global value chains.
It envisages end-to-end holistic support to artisans and craftspeople for their preferred trades.
Objective
The objectives of the Scheme are:
• Enable recognition of artisans/craftspeople as Vishwakarma to access all benefits.
• Provide skill upgradation through modern and relevant training.
• Provide easy access to collateral-free credit and reduce cost of credit via interest subvention.
• Promote digital transactions and financial inclusion.
• Provide branding, promotion and market linkages for better growth.
• Artisan/craftsperson working with hands and tools in self-employment or family-based traditional trades.
• Must be 18 years or older on the date of registration.
Benefits under PM Vishwakarma
The Scheme provides:
a) Recognition – PM Vishwakarma Certificate & ID Card
b) Skill Upgradation
c) Toolkit Incentive
d) Credit Support
e) Incentive for Digital Transactions
f) Marketing Support
Nature of Loan
Working Capital Term Loan (WCTL)
Disbursement
Loan amount will be disbursed into the Saving/Current Account of borrowers maintained with our bank.
Extent of Loan
• Total loan up to Rs. 3,00,000.
• 1st tranche up to Rs. 1,00,000 and 2nd tranche up to Rs. 2,00,000.
• 2nd tranche only after repayment of 1st tranche and completion of Advanced Skill Training.
The link will open only through bank's intranet and it will not open through internet
×
“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”
A New Internet Banking and Mobile Banking Solution - PSB UnIC for Retail Customers including NRE/NRO and PSB UnIC Biz for Sole Proprietor customers and Corporate Customers has been rolled out successfully by the Bank bringing UPI, IMPS, NEFT, RTGS and many more banking services under one platform.
Please note that our customers have already been notified that the old Internet Banking Portal of the Bank will be pulled down by 28.02.2022. The Funds Transfer services were blocked for Retail Internet Banking Customers since 09.01.2022. However, our old Internet Banking Portal was running parallelly for the last few days for the benefit of old Retail and Corporate Internet Banking Customers. It has now been decided that the Old Internet Banking will be pulled down on midnight of 21.03.2022. Bill Payments and Tax Payments ( OLTAS and GST) can be done through PSB UnIC digital platform. Bill Payment services are moved to PSB UnIC from 16.03.2022 onwards and the OLTAS functionality will be live from 18.03.2022 through PSB UnIC.
Our existing old Internet Banking customers ( Retail and Sole Propriership) who are yet to register in PSB UnIC are requested to make a onetime registration by visiting our website: https://punjabandsindbank.co.in and by clicking on PSB UnIC and choosing appropriate Option as follows:
And submit the duly signed application form along with required documents Viz. Board Resolution / Partnership Letter with Deed / Trust, Society, Club Resolution Letter/ HUF Letter etc. and also the KYC documents of the Authorised Users immediately to the parent Branch.
These corporate customers will be sent a registration kit through email after submission of the above documents. By Using the credentials in the mail, the corporate customers are requested to register by following the instructions contained in the email and start availing the benefit of PSB UnIC Biz services.
General Manager-IT,
Punjab & Sind Bank
Internet Banking
Dear customers,
A New Internet Banking and Mobile Banking Solution - PSB UnIC for Retail Customers including NRE/NRO and PSB UnIC Biz for Sole Proprietor customers and Corporate Customers has been rolled out successfully by the Bank bringing UPI, IMPS, NEFT, RTGS and many more banking services under one platform.
Please note that our customers have already been notified that the old Internet Banking Portal of the Bank will be pulled down by 28.02.2022. The Funds Transfer services were blocked for Retail Internet Banking Customers since 09.01.2022. However, our old Internet Banking Portal was running parallelly for the last few days for the benefit of old Retail and Corporate Internet Banking Customers. It has now been decided that the Old Internet Banking will be pulled down on midnight of 21.03.2022. Bill Payments and Tax Payments ( OLTAS and GST) can be done through PSB UnIC digital platform. Bill Payment services are moved to PSB UnIC from 16.03.2022 onwards and the OLTAS functionality will be live from 18.03.2022 through PSB UnIC.
Our existing old Internet Banking customers ( Retail and Sole Propriership) who are yet to register in PSB UnIC are requested to make a onetime registration by visiting our website: https://punjabandsindbank.co.in and by clicking on PSB UnIC and choosing appropriate Option as follows:
And submit the duly signed application form along with required documents Viz. Board Resolution / Partnership Letter with Deed / Trust, Society, Club Resolution Letter/ HUF Letter etc. and also the KYC documents of the Authorised Users immediately to the parent Branch.
These corporate customers will be sent a registration kit through email after submission of the above documents. By Using the credentials in the mail, the corporate customers are requested to register by following the instructions contained in the email and start availing the benefit of PSB UnIC Biz services.
