Punjab National Bank Home Loan Interest Rates, Schemes and Eligibility
PNB Pride Home Loans with flexible repayment options
What is the current Punjab National Bank home loan interest rate?
Punjab National Bank home loan interest rates start at 8.45% p.a. for salaried borrowers with a credit score of 750+. The rate you get depends on your credit score, loan amount, and whether you choose a floating or fixed rate. MakaanLoan compares this against 25+ banks for free.
| Loan Category | Interest Rate Range (p.a.) | Max Tenure | Max LTV Ratio | Rate Verification |
|---|---|---|---|---|
| Salaried Borrowers (CIBIL 750+) | 8.45% – 8.90% | 30 Years | Up to 85% | Recently Verified |
| Self-Employed Professionals & Business | 8.60% – 9.55% | 25 Years | Up to 80% | Recently Verified |
| Balance Transfer from Other Lenders | Starts at 8.45% p.a. | Up to 30 Years | Up to 85% + Top-up | Recently Verified |
Popular Punjab National Bank Home Loan Schemes
Explore specialized schemes tailored for salaried professionals, business owners, youth, and government employees.
PNB Max-Saver Housing Loan
Public sector overdraft housing scheme to park surplus cash and curtail interest
- Overdraft account operated like a current account with cheque book and debit card access
- Idle balances offset loan principal daily, preventing surplus interest leakages
- Instant liquidity withdrawals whenever unexpected household funds are needed
PNB Pride Housing Scheme
Dedicated housing loan concessions for Government & Defense staff
- Discounted interest rates with zero processing fee charges
- Extended repayment tenures up to 75 years of age for pensioners
- Higher LTV financing up to 90% for standard property purchases
Punjab National Bank Home Loan EMI Calculator
Estimate your monthly installment based on Punjab National Bank's live interest rate of 8.45% p.a.
Punjab National Bank Eligibility Criteria
- Age Limit: 21 years at application, up to 65–70 years at maturity
- Minimum Income: ₹25,000/month for salaried; ₹3,00,000 annual net taxable income for self-employed
- CIBIL Score: 680+ preferred for best rate spreads
- Employment Vintage: 2+ years total work experience; 3+ years in continuous business
- Resident Status: Resident Indians, NRIs, and PIOs eligible across major schemes
Documents Required for Punjab National Bank
- KYC: PAN card (mandatory for applicant & co-applicant), Aadhaar card, passport photos
- Salaried Income: Last 3 months payslips, 6 months salary bank statement, Form 16 / ITR
- Self-Employed: 3 years ITR with computation, P&L, balance sheet, 12 months bank statements
- Property Documents: Allotment letter, agreement for sale, sanctioned building plan, CC/OC
Frequently Asked Questions about Punjab National Bank Home Loans
What is the current Punjab National Bank home loan interest rate?
Punjab National Bank home loan interest rates start at 8.45% p.a. and range up to 9.55% p.a., linked to repo rate benchmarks. Actual rate offers depend on your credit score, loan amount, and employment profile.
What is the standard processing fee charged by Punjab National Bank?
Punjab National Bank charges a standard processing fee of 0.35% of the sanctioned loan amount. When you apply through MakaanLoan, you can access exclusive fee concessions and special capped processing fee schemes.
Are there any prepayment or foreclosure penalties on Punjab National Bank home loans?
Under Reserve Bank of India (RBI) regulations, Punjab National Bank charges zero prepayment penalties or foreclosure charges on floating rate home loans for individual borrowers.
What is the minimum CIBIL score required for Punjab National Bank home loan approval?
A CIBIL score of 700 or higher is preferred by Punjab National Bank for standard approval, while scores of 750+ unlock the lowest starting rate slab of 8.45% p.a. Profiles with 650–700 are workable subject to compensatory underwriting.
How long does Punjab National Bank take to sanction and disburse a home loan?
Digital in-principle sanction from Punjab National Bank can be achieved within 48 to 72 hours once complete documentation is submitted. Final disbursement typically takes 3 to 7 working days post legal and technical verification.
Ready to apply for Punjab National Bank Home Loan?
Submit your profile through MakaanLoan to lock in exclusive volume processing fee concessions (Makaanloan special offer of flat ₹2,500 processing fee), dedicated relationship management, and conditional in-principle sanction without bank branch visits.