PNBHFL NRI Home Loan | Interest Rates 2022 | Eligibility | Documents | Apply

Apply for NRI Home loans with Punjab National Bank housing finance ltd. Get free instant quotes on eligibility, Fees, Charges, Documents & Repayment Schedule. With over two decades of specialised experience in housing finance, PNBHFL offers a wide range of home loan products to NRIs (Non Resident Indians) and PIOs (Person of Indian Origin) for purchase, construction, repair and renovation of a residential property in India. Ease of applying for a loan with branches spread across India, robust service delivery model and mark to market credit & financial policies help customers build a long term relationship of trust and commitment.

Home Loan applications received for rupees ₹ 419,027 crores till 10 August 2022


Loan Amount

Annual Income


120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

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Advantages of taking NRI Home Loan from PNBHFL

  • Pan India branch network
  • Robust service delivery model – door step services ensuring easy and fast approval & disbursal of loans
  • Excellent post disbursement services
  • Facility of enhancement in loan amount in the event of escalations in cost
  • Dedicated team of well-experienced employees who work on best-in-class information systems & network to deliver and provide customer satisfaction
  • High standards of ethics, integrity and transparency
  • Various repayment options

Click to Know – PNB Housing Loan Interest Rates

Post the fixed rate period, interest rate would automatically get converted into floating rate prevailing at that time for the residual loan amount.

*Rates of interest are subject to change at the sole discretion of PNB Housing.

Eligibility Criteria for PNBHFL NRI Home loans:


  • You should be an Indian citizen or a Person of Indian Origin (PIO) holding an Indian passport with status of NRI on deputation/ employment/ assignment.
  • You should be working for atleast one year in a foreign country before seeking a house loan. The condition of minimum service over one year shall not apply to people going abroad on deputation.
  • Your age should not be more than 60 years at the time of loan maturity.


Loan Amount:

  • Maximum Loan amount would be 80% of the purchase price of property or loan eligibility whichever is lower.
  • Loan eligibility shall be determined by PNBHFL taking into account income, age, qualification and occupation etc.
  • Income of borrower(s)/ co-borrower(s) may be clubbed together for calculation of loan eligibility.


Security for the loan is a first charge by way of an equitable mortgage of the property to be financed and/or such other collateral securities as may be deemed fit by PNBHFL.

Additional/ interim security may be required as acceptable to PNBHFL.

Loan Repayment:

Loan repayment is in Equated Monthly Installments (EMI) comprising of principal and interest through Post Dated Cheques/ Electronic Clearance System over a maximum period of 15 years in case of home purchase/ construction and 10 years in case of home improvement.

Documents Requirement for Punjab National Bank Housing Finance Ltd NRI Home Loans

Salaried Employees
Duly filled Application Form with Photograph
Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
Education Qualifications – Latest Degree
Copy of Passport/ PIO Card
Copy of Work Permit if applicable
Latest three Salary-slips
Appointment letter of current employer
Last two year’s income statement from employers
Last 6 months Bank Statements (evidencing salary credits)
Processing Fee Cheque in favour of ‘PNB Housing Finance Ltd.’
Photocopy of Title Documents of the Property, Approved Plan etc.
Detailed Cost Estimate from an Architect/ Valuer in case of Construction/ Renovation

All documents need self-attestation.

Other Available Loan Products of PNB Housing

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