PNB Home Loan: Get Instant quotes on December interest rates ✔ Documents ✔ Eligibility ✔ Low EMI of Rs.765 per lakh, Application form. Punjab National Bank Offers Best rates for housing Loans in India under Regular and Flexible housing schemes.
PNB Home Loan Details
|floating Interest Rates||8.50%|
|Floating (PNB PRIDE #)||8.65% – 8.75%|
|Fixed Interest Rates||8.95%|
|Overdraft for HL borrowers||9.85%|
|Min Loan Amount||2 Lakh|
|Max Loan Amount||50 Crore|
|Min. Salary||12500 P.M.|
|Pre Payment Charges||Nil|
|EMI Per lakh||Rs 780|
Latest Update: PNB Pride Housing Loan For Government Employees @ interest rates of 8.45% or similar to MCLR Rates for 1 Year. Eligibility for permanent Employees of Central / State Governments/ Defence Personnel & Paramilitary Forces – Individuals or Joint owners. Processing Charges & Documentation charges are NIL under PRIDE Scheme.
Why to Apply for Home Loans with PNB Bank
✔ 4.22% Market Share in Home Loan Segment, 7th Largest Lender.
✔ 6600+ Branches, 9 crore + Customers
✔ Most profitable bank in Public Sector Banks.
✔ Best Bank in India’s Young Survey
✔ Floating and Fixed INTEREST RATES available
✔ Longest Repayment period of upto 30 years
PNB Home Loan MCLR Rates February 2017:
|Tenure||Rate of Interest (%)|
Eligibility for PNB Home Loan:
✔ All Individuals who have regular source of Income with proof. Income of spouse/children/parents can also be added.
How Much maximum Loan Amount for home loan you get from PNB:
✔ For construction/purchase of house/flat:- Need based.
✔ For carrying out repairs/ renovations/ additions/ alterations: – Maximum of Rs. 25 lacs.
✔ For furnishing of house – Maximum Rs. 5 Lacs
✔ For purchase of Land/ Plot – Maximum Rs. 50 Lacs
Processing Fees*– For Rs.300 lac- 0.50% of loan amount Maximum Rs.20000/- For above – Rs.50000/-
Documentation Charges – Rs.1350/-
Margin: Construction/ purchase/ repairs/ renovations/ additions/ alterations –
✔ For Loans upto Rs.75 lac – 20%
✔ For Loans above Rs.75 lac – 25%
✔ Land/ Plot – 40%
PNB Home Loan Application Form
Borrowers can download all PNB Housing and Non Housing Loan Application forms for Individuals, Joint home loans at one click.
Application Form For Housing Loan For Individual
Most Important Terms & Conditions (MITC)
Home Loan Agreement booklet
Non – Home Loan Agreement Booklet
Other available products of PNB in India:
PNB Official Website