Punjab National Bank (PNB) has launched a digital loan scheme for women as part of a commitment to financial empowerment.

Under ‘PNB Digi Shrestha Digital Loan Scheme’, eligible women borrowers can avail loans up to Rs 5 lakh through a fully digital sanction and account opening process. The scheme comes with minimal documentation and a simplified application journey.

The initiative is designed for existing women customers who are members of self-help groups (SHGs) under the National Rural Livelihoods Mission (NRLM).

“Aligned with the government’s vision of creating ‘Lakhpati Didis’ and fostering rural entrepreneurship, the Digi Shrestha scheme aims to promote digital banking adoption while ensuring seamless, transparent and fast access to institutional credit,” PNB said in a statement. 

By leveraging technology, PNB is strengthening the entrepreneurial ecosystem in rural India, supporting women-led enterprises, and advancing financial inclusion, the lender added.