Loans up to Rs 2 crore can be easily obtained for setting up an oxygen plant, find out everything about it Punjab national bank jeevan rakshak scheme for oxygen producers know all the details

Loans up to Rs 2 crore can be easily obtained for setting up an oxygen plant, find out everything about it Punjab national bank jeevan rakshak scheme for oxygen producers know all the details

A loan of up to Rs 2 crore can be easily obtained for setting up an oxygen plant, know everything about it

oxygen

Mumbai: The second wave of corona claimed many lives due to lack of oxygen. Many hospitals had patients dying due to lack of oxygen. So the situation in the country had become worrisome. Against this backdrop, Punjab National Bank (PNB) has launched a special scheme for oxygen producers in the country. PNB’s scheme is called Jeevanrakshak Yojana. PNB Bank has given this information in a tweet. (Punjab National Bank PNB Jeevan Rakshak scheme for Oxygen producers know all the details)

Lots of benefits to growers

Producers will get many benefits under this scheme of PNB. The scheme will provide financial assistance to alleviate the country’s oxygen shortage, the bank said. What exactly is this plan? What are the benefits? This has been informed by the bank.

It will help in setting up oxygen plants in hospitals.
Oxygen producers and distributors will also be assisted by the bank.
Manufacturers can get loans of up to Rs 2 crore from banks.
These loans will be available at low interest rates.
There will be no advance or processing fee for this.

Permission to repay the loan in five years

You have to repay the loan taken for this scheme in the next five years. You will be offered some discounts during the Corona period. For this, the owners of hospitals, nursing homes and some others can apply for this scheme of the bank. Also people belonging to corporate, trust, society can apply for this scheme. They need to have approval or registration form from the authority.

Funding from the PM Care Fund

These oxygen plants will be funded from the PM Care Fund. This will help create 4 lakh oxygen beds in the country. According to Prime Minister Narendra Modi, there should be people operating and maintaining oxygen plants in every state and district of the country. They should also be given training under this. The second wave of corona in India was severely deficient in oxygen. At that time, all the cities in the country, including Mumbai, Delhi and Bangalore, were short of medical oxygen, ventilator beds, etc.

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