MSME New Forms
The Indian Banks’ Association (IBA), through its letter dated 23.07.2025, informed that to simplify the process and ensure uniformity, a Common Application Form has been introduced for MSME loans up to ₹1 crore (excluding loans under the MUDRA Scheme). PNB has also introduced following new forms for MSME:
| S.No. | Particulars | Form No. |
|---|---|---|
| 1 | MSME Loan Application for loan amount up to ₹2.00 Crore | PNB 1016 (R) |
| 2 | MSME Loan Application for loan amount above ₹2.00 Crore | PNB 1017 (R) |
| 3 | Application for Annual Renewal/Review/Reduction of Limit | PNB 1379 |
DICGC New Rule
Payment of insurance premium on deposits to DICGC (Deposit Insurance and Credit Guarantee Corporation) is required to be paid by the Bank in advance every half year on the basis of assessable deposits of the Bank as on last day of the preceding half year (for half year ending March 2026 (Deposit base on 30.09.2025). To improve efficiency, PNB had developed a module named DICGC which is available in CBPMS (Centralised Balance Sheet and PL Management System).
Let’s understand DICGC
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a specialised division of Reserve Bank of India which is under the jurisdiction of Ministry of Finance, Government of India. It was established on 15 July 1978 under the Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. 500,000 of each depositor in a bank. The limit was increased from 1 lakh to 5 lakh on 4th February 2020.
The functions of the subsidiary are governed by the provisions of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) and The Deposit Insurance and Credit Guarantee Corporation General Regulations, 1961 framed by the Reserve Bank of India in exercise of the powers conferred by sub-section (3) of Section 50 of the Act.