To meet hospital expenses incurred or to be incurred at the time of childbirth and maternity care after childbirth
Eligible Women
Confirmed/permanent female employees of Central Government, State Government, PSUs and reputed companies/institutions
Salary Account Requirement
Salary should be drawn through an account maintained with PNB branch
Minimum Monthly Salary
Above ₹25,000 per month
Minimum Service
2 years, including service with previous employer(s)
Minimum Loan Amount
₹25,000
Maximum Loan Amount
₹3,00,000
Margin
Nil
Upfront Fee
Nil
Documentation Charges
Nil
Interest Rate
RLLR + BSP + 2.15%, irrespective of CIC score
Maximum Repayment Period
72 EMIs or remaining period of service, whichever is earlier
EMI Start
From the next month after disbursement
Moratorium
No moratorium
Nature of Facility
Term Loan
Purpose Verification
Self-declaration confirming pregnancy/childbirth
Maximum Availment
Working women can avail this loan under the variant a maximum of 2 times
Loan Amount Condition
Subject to the borrower’s repayment capacity
The FAQ issued by PNB provides the additional eligibility conditions of monthly salary above ₹25,000 and minimum two years of service, while the main scheme page describes the eligible employee categories and salary-account requirement.
Eligibility Criteria
Eligibility Condition
Requirement
Gender
Female
Employment Status
Confirmed/permanent employee
Government Employees
Central Government and State Government employees eligible
PSU Employees
Employees of PSUs eligible
Private Sector
Employees of reputed companies/institutions eligible
Institutions Covered
Schools, colleges, universities, autonomous bodies, hospitals/nursing homes and other reputed institutions
Minimum Salary
Above ₹25,000/month
Service Requirement
Minimum 2 years, including previous employer service
Salary Account
Salary should be credited through an account maintained with a PNB branch
Number of Times
Maximum 2 times under this variant
When Can the Loan Be Availed?
Period
Eligibility
Before Delivery
Loan can be sanctioned up to 2 months before the expected delivery date
After Childbirth
Loan can be sanctioned up to 3 months after childbirth
Perinatal Period
Decided based on the applicant’s declaration
The bank states that the applicant’s self-declaration confirming pregnancy or childbirth can be used for sanctioning the loan under PNB Matritva.
Loan Amount and Charges
Particular
Amount/Condition
Minimum Loan
₹25,000
Maximum Loan
₹3,00,000
Margin
Nil
Upfront Fee
Nil
Documentation Charges
Nil
Repayment Capacity
Loan remains subject to the borrower’s repayment capacity
Interest Rate
Particular
Details
Interest Rate Formula
RLLR + BSP + 2.15%
CIC/CIBIL Score
Rate is applicable irrespective of CIC score
This rate information is specifically stated in PNB’s PNB Matritva FAQ.
Repayment
Particular
Details
Maximum Tenure
72 months
Alternative Limit
Remaining period of service, if shorter
Repayment Mode
Equated Monthly Instalments (EMIs)
First EMI
From the next month after disbursement
Moratorium
Not available
Loan Type
Term Loan
Thus, there is no maternity-related repayment holiday/moratorium under PNB Matritva. EMI repayment starts from the month following disbursement.
Documents
Document/Requirement
Details
KYC Documents
All KYC documents required by the bank
Income Documents
Other documents relating to income proof
Pregnancy/Childbirth Proof
Self-declaration confirming pregnancy/childbirth
Purpose Proof
The scheme permits sanction based on the applicant’s self-declaration
PNB’s FAQ specifically states that the purpose can be confirmed through a self-declaration submitted by the applicant.
