| Interest Rate | 8.75% p.a. onwards |
| Loan Amount | Minimum: NA, Maximum: 90% of property cost |
| Processing Fees | Up to 0.50% of the loan applied for + Applicable Taxes |
| Max Tenure | 30 Years |
| Rate Packages Available | Floating Rate |
If you plan to apply for a PNBHF loan to buy property/plot or construct your own house, then you need to know the other home loan-linked fees and charges. Make sure you’re aware of all your responsibilities before you take a loan.
Given below are the latest home loan interest rates of PNB Housing:
Home Loan New Acquisition Pricing
| Rate Card | HL Salaried (Up to Rs.35 lakh) |
HL Non-Salaried (Up to Rs.35 lakh) |
HL Salaried (More Than Rs.35 lakh) |
HL Non-Salaried (More Than Rs.35 lakh) |
| NTC CIBIL >=170 | 10.20% | 10.80% | 10.40% | 11.00% |
| NTC CIBIL <170 | 10.90% | 11.45% | 11.10% | 11.70% |
| upto 650 | 10.85% | 11.45% | 11.05% | 11.65% |
| >650 to < 700 | 10.65% | 11.25% | 10.85% | 11.45% |
| >700 to < 725 | 9.55% | 10.15% | 9.75% | 10.35% |
| >725 to < 750 | 9.25% | 9.85% | 9.40% | 9.90% |
| >750 to <775 | 8.95% | 9.40% | 9.05% | 9.75% |
| >775 to 799 | 8.80% | 9.25% | 8.90% | 9.40% |
| >800 | 8.75% | 8.99% | 8.85% | 9.25% |
Non-Home Loan New Acquisition Pricing
| Rate Card | Loan against commercial property/ Loan against residential property/ Lease Rental Discounting/ Loan for Purchase of Commercial Property |
Loan against Plot/ Loan against Special Property* |
| NTC CIBIL >=170 | 12.35% | 12.00% |
| NTC CIBIL <170 | 12.50% | 12.00% |
| upto 650 | 12.40% | 12.00% |
| > 650 to < 700 | 12.35% | 12.00% |
| > 700 to < 725 | 11.35% | 12.00% |
| > 725 to < 750 | 10.90% | 12.00% |
| >750 to <775 | 10.50% | 12.00% |
| >775 to 799 | 9.90% | 12.00% |
| >800 | 9.65% | 12.00% |
Note: Interest rates effective from December and are subject to change at the bank's discretion.
Compare:Lowest Home Loan Interest Rate
PNB Housing Finance is a branch Punjab National Bank. The bank has an enormous customer base and provides a widespread line of home loan products for the public, private builders, government employees, etc. PNB Housing Finance home loans can be availed by visiting one of their several branches spread across the nation.
The features and benefits of the loans are as follows:
Calculate your home loan EMI in a minute with the help of PNB HFL Home Loan EMI Calculator. Enter your loan details, including the loan amount, interest rate, processing fee, and tenure, and click on “Calculate”. You can also view a detailed break-up of your repayment schedule through an amortisation table.
PNB HFL Home Loan EMI Calculation
| Amount | 10 years | 20 years | 30 years |
| Rs.10 lakh | Rs.12,533 | Rs.8,837 | Rs.7,867 |
| Rs.20 lakh | Rs.25,065 | Rs.17,674 | Rs.15,734 |
| Rs.30 lakh | Rs.37,598 | Rs.26,511 | Rs.23,601 |
*Interest rate of 8.75% p.a. has been taken into consideration for this loan EMI illustration. Your final EMI amount can vary based on the rate offered to you by the bank.
This loan is for the purchase of a residential property in India.
This covers the renovation, upgradation, repair, flooring, water-proofing, false ceiling, woodwork, tiling, plumbing, or electrical work of an already purchased house.
This loan can be used to add an extra room or space to your home to meet the needs of a growing family.
This will provide the financial support to construct a residential house property on one’s own, especially for those who already own land and wish to construct a house on it.
This is for purchasing a residential plot to construct a house in an urban area.
The home loan products for NRIs and PIOs can be used to purchase a new house or construct one. It can also be used for the renovation and repair of the residential properties, but only for those in India.
These loans provide a simplified and streamlined loan disbursal process with a maximum loan amount of up to Rs.25 lakh (subject to 90% of the property’s market value). The interest rates start at 11.75%.
This is a Credit Linked Subsidy Scheme (CLSS) for the Lower Income Group (LIG), Middle Income Group (MIG), and Economically Weaker Section (EWS) of society.
Given below are the eligibility criteria you will have to fulfil to apply for a home loan from PNBHFL:
The list of documents required for salaried individuals and self-employed individuals are given below. While there are some common documents, there are also some that are unique to each category.
All the documents given below have to be self-attested by the applicant.
| Age Limit | The age of the applicant must be 21 years or above. The age of the applicant should not exceed 70 years at the time of home loan maturity. |
| Monthly salary/income | Rs.15,000 and above |
| Required CIBIL Score | Minimum 611 |
| Work experience for salaried individuals | 3+ years |
| Business continuity for self-employed | 3+ years |
All the documents given below have to be self-attested by the applicant.
| Eligibility Proof | Documents Required |
| Proof of residence | Telephone bill/election card/ration card/driving license/passport/any relevant certificate from a Statutory Authority |
| Proof of age | Passport/PAN card/any relevant certificate from a Statutory Authority |
| Proof of educational qualifications | Latest degree certificate (for professionals) |
| Proof of income |
|
A home loan from PNB Housing Finance can be applied in the three methods listed below:
Through BankBazaar: You can visit the BankBazaar website and navigate to the home loan section. There, you will be able to see a list of loan providers. You can click on the ‘Apply Now’ button against PNB Housing Finance Home Loan and follow the instructions to set the application process rolling.
Through the official website of PNB Housing Finance: Another way to apply for a home loan from PNB Housing Finance is to visit the official website and click on ‘Instant loan in 3 minutes – Apply Now’ under Home Purchase Loan. On doing that, you will be redirected to a new page where you need to follow the instructions to apply for the home loan. You can also track the status of your application through the bank’s official website.
Offline application: You can apply for the home loan using the offline mode. All you need to do is visit the nearest branch along with the necessary documents. In case, you need any assistance you can contact PNBHFL customer care on the toll-free numbers.
PNB Housing Finance Headquarters:
9th Floor, Antriksh Bhavan,
22 Kasturba Gandhi Marg,
Near Connaught Place,
New Delhi – 110001
Contact Number: 1800 120 8800
Applying for a home loan on BankBazaar offers the following unbeatable advantages:
Yes, PNB Housing Finance has a wide network all over India.
The loan is disbursed either in installments or as a lump sum depending on the requirements. For flats or houses under construction, it is disbursed in regular stages depending on how the construction is progressing. For purchasing a flat or house on resale, the loan is paid in a lump sum.
Yes, the applicant has to make a contribution that is 10% of the total cost of the property (for purchase of property, this includes registration charges and stamp duty).
The security required is a first charge which is in the form of an equitable mortgage of the property that is to be financed and/or any other securities that can be taken as collateral.
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