Why BankBazaar Loan?
  • Compare multiple bank offers
  • Apply Online for Lowest Rates
  • Get e-approval instantly
Punjab National Bank Loan Ratings
3.5 / 5.0 by 128 users

Fees & Charges

Promised Interest Rate

Customer Service

Responsiveness

Punjab National Bank Loan Reviews

"I am holding a savings account with PNB. Its a normal account and I cannot expect much from them. But its definitely better than HDFC when it comes to adding a payee as HDFC takes 24 hours to add a payee where as this one takes just seconds to add a payee.Even for NEFT transfer there is no charges below 2 lakhs. "

Amardeep Singh, New Delhi
More Reviews
Choose Loan Offers From

What is a Punjab National Bank Loan?

A Punjab National Bank Loan is a transaction where the lender gives money to the borrower, to be paid back with interest in EMI's.

Types of Punjab National Bank Loans

Personal Loan, Home Loan, Car Loan, Loan against property, Gold loan, etc are various types of loans available in India.

How Bankbazaar helps you get a Punjab National Bank loan?

Bankbazaar helps you compare & apply real time Punjab National Bank loan rates & other fees from various banks.
Secure & Safe

Punjab National Bank Loan

salaried self employed NRI add co-applicant

Compare Loan Offers. Apply Online and Save Thousands of Rupees.

We've identified the lowest interest rate quotes for your profile with great savings.

Rates & special offers displayed below are accurate & applicable ONLY for applications made on BankBazaar.com

  •  
Step 1 of 3

Punjab National Bank Loan Overview

Punjab National Bank 3.5 / 5.0 by 128 users  
Used this product? Write a review »
Punjab National Bank Loan Low interest rate Loan offers.

Looking for a Loan in India? Compare Personal Loan, Home Loan and Car Loan offers online at BankBazaar.com for India.

We can help you find the right loan deals in India. We work with major banks & financial institutes like HDFC Bank & Fullerton India who offer great personal loan deals at low interest rates with fast & simple online approval process. For Home Loans we work with HDFC Ltd, Axis Bank, ICICI Bank & others to get you the best home loan interest rates. To help you buy your dream car in India we work with Axis Bank and HDFC Bank to get you the best car loan interest rates.

Why Apply for a Punjab National Bank Loan on BankBazaar.com?
  • One stop shop for multiple products: Get best loan offers for personal loans, home loans and car loans at BankBazaar.com.
  • Lowest interest rates: We have coordinated with HDFC Bank, Fullerton, HDFC Ltd, Axis Bank & ICICI Bank to get you the lowest Personal Loan interest rates, Home Loan interest rates and Car Loan interest rates in India.
  • Instant Quotes: Get Loan quotes customized to your profile online instantly by filling in the form above.
  • Simple Online Comparison: Compare Loan offers on the basis of interest rate, EMI, processing fees & customer satisfaction.
  • Transparency: Aimed at helping you make the right choice, we provide objective and transparent information about your loan options.
  • Privacy: Your application is sent only to the lender you choose, and is never shared with anyone else.
  • Trust: Top private banks in India like HDFC Bank, ICICI Bank and Axis Bank uses BankBazaar.com-powered technology to give thier customers the best Loan experience on their websites. www.hdfcbanksmartapply.com, https://www.hdfcinstanthomeloans.com/home-loan/compare-interest-rates.html, https://loans.axisbank.com/ and https://loans.icicibank.com/
How to get a Punjab National Bank Loan in India on BankBazaar.com
  • Eligibility Calculator: Fill the form above to instantly get customized Loan quotes that you are eligible for.
  • Compare Loan offers: Compare customized Personal Loans, Home Loans and Car Loan offers in India from various banks based on your eligibility criteria and apply online for the one you like.
  • Your application will be sent electronically to the lender you chose. The lender will contact you within one day.
  • BankBazaar.com will update you on your loan application status via email & SMS alerts.

Punjab National Bank Loan FAQs

  1. What are the interest rates for Punjab National Bank Loans?
    Each bank will have different Interest rates. Interest rates will also vary depending on each individual’s eligibility criteria’s. Typically Interest rates start at 12% and can go up to 28%.

  2. How much money am I eligible for?
    You can borrow as much as you can repay. This in banking terms would mean a Loan that has an EMI that does not exceed 40% of your monthly take home income, where the EMIs for existing loans are also deducted.
    For self-employed applicants, profit is the benchmark that determines loan value. The longer the time frame for repaying the loan the lower the EMI and this also means you can opt for a larger loan amount. The loan amount you are eligible for is also dependent on other factors like the company you are employed with, the location of your residence and your credit history.

  3. Can I have a co-applicant for a Punjab National Bank Loan?
    Yes, you can opt for a co-applicant. This can help you increase the loan amount you are eligible for as the income of the co-applicant is also taken into consideration.

  4. What is credit history? How does a financial institution check on my credit history?
    A credit history is basically a record of your past repayments of loans and credit card bills. Also, there is a central bank of data available with the Credit Bureau of India Limited (CIBIL), where data from all the banks on existing loans and their repayment patterns of their customers are accumulated. Before approving your loan a financial institution always checks with CIBIL on your loan repayment track record.

  5. How can I compare quotes from multiple banks?
    One of the easiest ways to do this is to compare online. Find your Loan at BankBazaar.com to gain instant access to the best quotes from various lenders.

  6. What does prepayment charge mean? Does it matter while comparing loans?
    A Loan is repaid to the lender within a fixed time frame, which is usually 1 to 5 years. In case you want to clear the loan payment earlier than the agreed time frame, the bank levies a prepayment penalty charge. This could be up to 5% of the outstanding loan amount but can vary according to the bank and the credit profile of the borrower. Make sure the interest saved by pre-paying exceeds the prepayment fee paid. This is one of the factors to keep in mind while comparing loans.

  7. What is the difference between a fixed interest rate and floating interest rate?
    A fixed interest rate remains constant throughout the loan tenure regardless of the market conditions whereas a floating interest rate can decrease or increase depending on market fluctuations. For instance, it increases when RBI hikes up short term interest rates. Banks usually quote the floating rate loans as their index rate (prime lending rate) plus or minus x%. Banks usually increase or decrease their prime lending rate when the RBI increases or decreases short term interest rates.

  8. Does Bank Bazaar charge me for its services?
    BankBazaar’s services come to you free of charge.

  9. How will the security and privacy of my data be ensured?
    BankBazaar will never share your data with any third party other than the financial institution that you decide to apply to. Our sound technology practices ensure a highly secure environment for all your data.

Punjab National Bank Loan Eligibility & Documentation

Check Punjab National Bank Loans offers online

Punjab National Bank Loan Eligibility: You are eligible for a loan if you are:
  • Salaried individual
  • Self employed individual
  • Self employed professional like doctor, lawyer, etc.
  • Aged above 18 years
  • Have a good CIBIL credit score
  • Good repayment capacity with fixed & stable income source
  • Overall banks rating for the company you work for
  • Try our Personal Loan eligibility Calculator to check how much loan amount you are eligible for.

Punjab National Bank Loan documentation: Punjab National Bank loan documentation process is minimal and generally banks require the following document:
  • Identity proof (Pan card, Passport, etc.)
  • 3 to 6 months bank statement (if salaried then bank statement of your salary account)
  • Residence proof (rent agreement, property document, ration card, etc)
  • Salary Slips
  • In case of self-employed banks require balance sheets, profit & loss account, partnership deed & other documents etc.

Punjab National Bank Loan Interest RatesUpdated on 18 December 2014

Details of Punjab National Bank Loan

Personal Loan Interest Rate.(Monthly reducing balance)
14.25% to 49% fixed. Check Customized Interest Rates Now!
Processing Fees
1% to 5% of loan amount
Personal Loan Tenure
1 year to 5 years
Personal Loan Amount
Rs. 1 lakh to Rs. 20 lakhs
Pre-closure Charges
4% of pre-closed amount
Guarantor Requirement
No guarantor required

Details of Home Loan

Home Loan Interest Rate.(Monthly reducing balance)
10.5% to 14.25% floating. Check Customized Interest Rates Now!
Processing Fees
0.5% to 1% of loan amount
Home Loan Tenure
1 year to 20 years
Home Loan Amount Funded
Up to 85% of property value
Pre-payment Charges
0% to 2% of amount being prepaid
Pre-closure Charges
0% to 2% of amount being preclosed
Guarantor Requirement
No guarantor required

Details of Car Loan

Car Loan Interest Rate.(Monthly reducing balance)
10.50% to 14.25% floating. Check Customized Interest Rates Now!
Processing Fees
Up to Rs. 3,650
Car Loan Tenure
1 year to 5 years
Pre-closure Charges
3% to 6% of foreclosed amount
Car Loan Amount
Varies based on car model. Up to 100% financing for pre-approved customers.
Guarantor Requirement
No guarantor required

Loan Articles

  • How Does Personal Loan compare to other loans!!!
    A personal loan is by nature an unsecured credit that is provided to an individual based on his personal capability of repayment. The process is extremely simple and fast provided that the requisite documents are in order when applying for the loan.
  • Know Your Personal Loan!
    The ease and simplicity associated with the personal loan along with no restrictions on the end usage makes it extremely popular option to raise funds when there is an urgent need. There are many doubts in the minds of applicants regarding the post disbursal procedure involved in a personal loan
  • Personal Loan criteria for the self employed
    One should opt for a personal loan only when all other means of availing funds have been exhausted and the need is pressing and situational. Taking a personal loan when the need is not justifiable or other means are available creates tremendous amount financial complications at a later stage.
  • How to calculate your loan eligibility!
    Most people who buy a home through a home loan are often left with little cash to carry out any further improvements in the house as per their requirements. Some opt for personal loans in order to make good this requirement.
  • Home loan document checklist for self employed!
    Every financial institution which deals in home loans has a specified set of requirements which are to be met by a borrower. When a borrower is found to be eligible for the loan, only then he is granted the amount applied for.
  • How to select your home loan lender?
    Getting a home loan approval can be a long and tiresome process especially if you are a self-employed professional or business owner. This is because many banks doubt business men for job continuity, as they are free to quit their jobs at any time. 
  • How to get a car loan faster!
    Getting a car loan is not supposed to be a Herculean task where the customer runs from pillar to post trying to negotiate a good deal and securing approval of the financing company.
  • Luxury car loans in India!
    The key to pushing up sales in this segment lies in creating unbeatable financing schemes that will lure the prospective customer from mid segment to luxury cars.
  • What is the application process for a car loan?!
    Applying for a car loan is relatively simpler as compared to a home loan primarily because the amount involved is less and the documents needed are much simpler to obtain.
  • Options for financing education abroad
    Studying abroad is expensive and at times the cost can be as high as six times that of the cost in India and hence planning needs to be done to ensure that sufficient funds are at disposal when needed. This is essential because to apply for the student visa, you need to show proof of funds sufficient to cover at least the first year of education.
  • Some basic facts about educational loans
    A ray of hope is seen with the availability of educational loans from various banks, which can fund an individual’s higher education. As these loans are not one of the ‘mainstream’ loans such as home loans or personal loans, people are hesitant or mostly unaware of such options. Here are answers to some generic queries that rise in regards to educational loans.
  • Education loans set to become more attractive!
    Typically interest rate on the education loan starts accumulating as soon as the course is over. Since interest during the moratorium period will be paid by the government, EMI for the borrower is set to fall. This will reduce pressure on his/her cash flows.
  • Education loan amount is to be correlated to repayment capacity
    According to a recent press report the revised education loan scheme implemented on all banks will make disbursal based on the repayment potential of the borrower. The education loans are not going to be offered based on the parental income or family wealth of the borrower which will be the decisive factor.

Loan Forum

Punjab National Bank   Loan Reviews
94 % of our customers would recommend this bank. (120 out of 128) Write Review
Customer Reviews
Page 1 of 7 1 2 3 4 5
  • Validated User
    (0)

    I am holding a PNB Savings account they are not charging any additional fee if I am not maintaining any balance in my account. Its basically a traditional bank so I cannot expect much service from them. I am unable to login to the account, as there is lot of issues with regards to their website and moreover there is a connectivity problem as well. As a result I am unable to lo gin to their site.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    partha took a Saving Account from PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (0)

    I am holding a savings account with PNB. Its a normal account and I cannot expect much from them. But its definitely better than HDFC when it comes to adding a payee as HDFC takes 24 hours to add a payee where as this one takes just seconds to add a payee.Even for NEFT transfer there is no charges below 2 lakhs.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    amardeep took a Saving Account from PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (0)

    Home loan services with Punjab National bank is quite great. Interest rate is 10.50% and their terms and conditions is attractive. In terms of any issues related to job security, there is proper support provided for 3 months from the bank. Added to it, insurance is been provided which could be avoided.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    srinivas took a Home Loan from PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (0)

    As I have my home loan relationship with Punjab National bank, I did open this fixed deposit. Interest rate would be 8-9% however as it is essential I did opt for it. For doing deposit, I would visit the branch. It would be helpful if the on line facilities could be there.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    srinivas took a Fixed Deposit from PUNJAB NATIONAL BANK Reviewed on
  • (1)

    6 Years ago I had applied for the education loan to Punjab National Bank. The bank officials were very assistive and co-operative at the time of completing the loan formalities. The officials visited the college campus and completed the inquiry process very systematically, complete and concise. Although the documentation work was a bit complicated but as the officials were very helpful the loan formalities were completed very fast and there was also no Loan Processing Fee charged by the bank for the same.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    kashish took a Education Loan from PUNJAB NATIONAL BANK Reviewed on
  • (0)

    Punjab National Bank is very efficient in its working and very assistive in helping people. When I was registering for my IPCC examination, I was not aware about the due date and on the last date i.e on the due date I got the news for registeration , I urgently required a draft so that I could register for my examination on time. The bank was really very helpful as it took my request on the priority basis and prepared a draft in just 15 Minutes time.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    kashish took a Home Loan from PUNJAB NATIONAL BANK Reviewed on
  • (0)

    My home loan procedure from PNB navrangpura is under process currently. I felt somewhat slow service is provided by PNB staff. As like government office they don't care much about customer because their salary is not on target based. I will give 2 star to PNB because it is nationalized bank and provide home loan on elegant interest rate.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    bhavik took a Home Loan from PUNJAB NATIONAL BANK Reviewed on
  • (1)

    PNB BARC Mumbai Branch had abruptly broken open my locker FOR NO fault of mine and with a fictitious reason of NOT OPERATING MY LOCKER FOR MORE THAN 3 YEARS AND NOT PAYING THE RENTALS FOR MORE THAN 3 YEARS. THE FACT IS THAT THE AMOUNT WAS PAID BUT THEY HAVE NOT UPDATED THEIR RECORDS NOR UPDATED THE ADDRESS. IN SPITE OF HAVING THE CORRECT MOBILE AND LAND LINE TELEPHONE NUMBERS, THEY NEVER MADE ANY ATTEMPT TO CALL. NO PROPER LEGAL PROCEEDINGS WERE FOLLOWED. THEIR SR.MANAGER, CHIEF MANAGER AND THEIR LEGAL ADVOCATE MADE A SMALL NOTING ON A PIECE OF PAPER AND SIGNED WITHOUT ANY DESIGNATION NOR ANY OFFICIAL SEAL. THE LOCKER WAS BROKEN OPEN ON 18TH OCT.2014 AND INFORMED TO US ON 26TH NOV.'2014. THEY SAID THAT THEY GOT THE ADDRESS FROM ONE OF THE PAPERS IN THAT LOCKER. THIS WAS AFTER MORE THAN ONE MONTH OF BREAKING THE LOCKER. THIS SHOWS THEIR UNORGANIZED WAY OF OPERATION.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    User has not used PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (0)

    Punjab National Bank processed my car loan in short period of time. Actually I submitted car loan application on 18th of October and I got cheque in my hand around 21st. They offered competitive rate of interest 10.75% while comparing to other banks. They did not charge anything extra. On the whole I am highly satisfied with Punjab National Bank.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    User has not used PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (0)

    I am holding a PNB current account its much better than others in many ways. Firstly I get a very good response from them. They have a cash deposit machine, any time I can deposit cash for a minimum of rs 50000. They charge very nominal fee. Their minimum balance is hardly rs 5000 where as when it comes to other Banks its 10000 or 50000 and few others banks its even one lakh. So this Bank is the far better than others.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    roshan took a Current Account from PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (3)

    Punjab National bank is really great in terms of fixed deposit. They offer a very high rate of interest of 9% when compared to other banks. PNB is a government authorized bank and the returns are much more higher than other banks. It is very convenient banking with PNB as the branch is very close my house.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    pankaj took a Fixed Deposit from PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (2)

    My home loan has been sanctioned by Punjab National Bank. I have used my own source to get the loan sanctioned within a month. The loan is yet to be disbursed as the agreement is still pending to issued by the builder. PNB confirmed that they would disburse my loan once all the requested info received from the builder. I have not discussed about the rate of interest, fees & charges yet.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    abhishek took a Home Loan from PUNJAB NATIONAL BANK on BankBazaar.com Reviewed on
Customer Reviews
Page 1 of 7 1 2 3 4 5

Interest Rates

We're sorry. No offers were found. Based on your information, we are unable to find you an offer from any of our insurance partners. We invite you to return to BankBazaar.com to get an insurance for any of your other car Thank you for your using BankBazaar.com
reTH65gcmBgCJ7k - pingdom check string.