Punjab National Bank offers three personal loan schemes with interest rates starting at as low as 8.90% p.a. and attractive repayment terms.
Punjab National Bank offers personal loans up to Rs.20 lakh under the ‘Personal Loan Scheme for Public’ scheme at interest rates starting from just 8.90% p.a. The repayment tenure extends up to 72 months, and the processing fees levied is up to 1% of the loan amount.
The bank also offers loans of up to Rs.20 lakh under the ‘PNB Doctor’s Delight – Personal Loan Scheme to Doctor’ scheme for a maximum tenure of up to 84 months.
This lender offers personal loans to help you meet your immediate financial expenses. Whether you need to consolidate your debt, pay for your child’s wedding, take off on an exotic vacation, or anything of the sort, personal loans from Punjab National Bank can be availed at attractive rates to help you fulfill your dreams.
|Loan Schemes||Interest Rate||Processing Fees|
|Personal Loan Scheme for Public||8.90% p.a. onwards||1% of the loan amount|
|PNB Doctor’s Delight - Personal Loan Scheme to Doctors||8.90% p.a. onwards||0.90% of the loan amount plus taxes as applicable|
|Personal Loan Scheme for Pensioners||9.25% p.a. onwards||Nil|
Personal Loan Scheme for Public
Personal Loan Scheme for Doctors
Personal Loan Scheme for Pensioners
Here are the eligibility criteria for Personal Loan Scheme for Public:
Eligibility criteria for Personal Loan Scheme for Doctors:
Eligibility Criteria for Personal Loan Scheme for Pensioners:
You can contact the bank through any of the following ways:
Yes. Customers who avail a personal loan will have to pay processing fees which will be deducted from the loan amount at the time of disbursal. Those who avail the personal loan scheme for public will have to pay up to 1% of the loan amount as processing fees, while those who avail the personal loan scheme for doctors will have to pay 0.90% of the loan amount as processing fees. Customers who avail the loan scheme for pensioners will not have to pay any extra fees or charges when availing the loan.
Usually, your personal loan from Punjab National Bank will be disbursed to your bank account after your application has been approved and you meet all the eligibility criteria established by the bank.
Doctors are advised to go for Personal Loan Scheme for Doctors as the processing fee is slightly lower in comparison with the Personal Loan Scheme for Public.
In order to get the best possible interest rate on a Punjab National Bank personal loan, you will have to ensure that your credit score is high. You will also have to ensure that you have little to no liabilities in the form of other loans or credit card dues. Your income will also play a crucial role in determining the interest rate applicable to your personal loan.
You can apply for a personal loan from Punjab National Bank by visiting a branch of the bank or online through the website of the bank. You could also apply for a personal loan through third party sites such as BankBazaar.
*This article is provided only for consumer information on an as is where is basis and BankBazaar does not claim or represent to be connected with Punjab National Bank. For further information about any of the products mentioned above please contact Punjab National Bank.
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