Independent Portal 🇮🇳 Public Utility for Central, Bihar & UP Government Schemes Information
Sarkari Yojna List
Independent Citizen Utility

PSB Loans in 59 Minutes

Central Scheme (All India) Finance Application Mode: ONLINE Active
verified
Verified Scheme Data Profile

This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: www.psbloansin59minutes.com Authority: Ministry of Finance • State/Region: Central Scheme (All India) • Last Audited: 30 Jul 2026

psychology Quick AI Summary

In-principle loan approval in 59 minutes for MSME loans up to Rs. 5 Crore from public sector banks.

Detailed Summary

The portal uses algorithms to evaluate MSME creditworthiness using GST, IT returns, and bank statement data.

Key Benefits & Financial Assistance

Comparison Criteria Benefits
Key Benefits
  • In-principle approval for loans up to Rs. 5 Crore in under 59 minutes.
  • Links to all major PSBs.

Eligibility Criteria Profile

Comparison Criteria Eligibility
  • MSMEs with GST registration and IT return filing history.

Application Process Guide

  1. Apply online on the PSB Loans in 59 Minutes portal with GST and IT credentials.