Working Captital Financing
PNB offers working capital finance to meet short term fund requirement for managing the day to day operation of the business. PNB’s working capital finance extended to meet the different demands from all segments of industry, trade and the services sector. Assistance extended by both as Fund based and Non Fund Based facilities to Corporates, Partnership Firms, Proprietary Concerns etc. Funded facilities include cash credit, demand loan and bill discounting. Non-funded instruments comprise letters of credit (inland and overseas) as well as bank guarantees (performance and financial) to cover advance payments, bid bonds etc.