Welcome dear reader, let’s learn about How to get PNB Home Loan, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.
If you are thinking of building a house and you are short of money then you Punjab National Bank Home Loan can join with Home is our little piece of heaven .
Who does not want to have his own house ? But the biggest problem for building a house is the lack of money . To make up for the lack of money, you Home Loan can take
In this article , we will know what is Punjab National Bank Home Loan, what is the interest rate of this loan , how much is the loan tenure and how can we apply for this home loan .
PNB Home Loan
any person Punjab National Bank One can take a home loan to build a house , buy a house or renovate a house . To take a home loan, you have to apply in it, which you can do online or offline . After applying, if you fulfill all the conditions of the bank, then your loan is approved .
Punjab National Bank provides many types of home loan schemes to the customers . You through Punjab National Bank Prime Minister’s Housing Scheme can also take advantage of Bank gives you PNB Home Loan for a loan tenure of up to 30 years . The interest rate of PNB home loan starts from 7.35% per annum . The processing fee on this home loan is 0.35% of the loan amount + GST .
Loan amount given under home loan, applicant’s income , CIBIL Score depends on factors such as If the applicant’s income is high and has a high credit score , then you can get a home loan up to a higher loan amount .
You can get home loan above Rs 75 lakh from PNB . If you belong to Punjab National Bank Personal Loan If you want to take advantage of this then you can click on this link PNB Personal Loan You can apply for personal loan by clicking on
Punjab National Bank Home Loan Overview
- Loan Name: Punjab National Bank Home Loan
- Name of the lending bank: Punjab National Bank
- Interest Rate: Starting from 7.35% pa
- Loan Tenure: 30 Years
- Processing Fee : 0.35% of the loan amount + GST
- Application Mode: Online / Offline
- Home Loan Application Form pdf : Click Here
- Official Website: https://www.pnbhousing.com/
Punjab National Bank Home Loan Interest Rate 2024
Before taking a home loan from any bank, you should take information about the home loan interest rate of that bank so that EMI You should not face any problem at the time of payment of Rs . PNB home loan interest rate starts from 7.35% p.a. If you are an existing customer of the bank, then you can also take advantage of the bank’s attractive interest rate .
Before taking personal loan Personal Loan Interest Rate 2024 Similarly, before taking a home loan, we need to know about Home Loan Interest Rate 2024 It is necessary to have information about If the interest rate of your PNB Home Loan is high, then the EMI of your loan will also be very high and more EMI can put you in trouble .
Home Loan Amount
The loan amount given under the home loan is given keeping in mind the applicant’s income , age, CIBIL score, qualification and occupation etc. The higher the eligibility you fulfill , the higher the home loan amount you can get . The income of the borrower and the co-borrower can be clubbed together to calculate the loan eligibility . You can see the loan amount in the table given below:
| Loan Amount | Maximum Funding* |
| Upto Rs 30 lacs | 90% of market value |
| 30 lacs and above, upto 75 lacs | 80% of market value |
| Above 75 lacs | 75% of market value |
Benefits and Features of PNB Home Loan
- Any Salaried Person and Self Employed person can apply for this Home Loan .
- repayment period of this loan ( Punjab National Bank Home Loan) is up to 30 years . The loan is repaid in Equated Monthly Installments (EMIs) .
- You can apply for Punjab National Bank Home Loan by visiting the official website of the bank or visiting your nearest bank branch .
- Anyone can take a home loan for buying a house , for construction of a house or for renovation of a house .
- bank offers you home loans with attractive interest rates , less documentation and easy application process .
- Bank offers you many types of home loan schemes such as home purchase loan , home construction loan , home extension loan , home improvement loan and plot loan etc.
- if you PNB Home Loan If all the conditions are fulfilled, then the bank approves your loan in a very short time .
- The current interest rate of Punjab National Bank Home Loan starts from 7.35% p.a.
- For the safety of its customers, the bank suggests that the loan repayment The customer should get his property and loan repayment insured to cover the unfortunate event during the tenure .
Loan Payment
The loan will be paid by the bank to the applicant on the following conditions:
- The disbursement will be done after the property is technically appraised and all legal documents are completed .
- For purchase of a house/flat from an individual on resale , the loan amount will be paid at the time of transfer to the seller after confirming that the customer has paid his own contribution .
- For houses/flats under construction , loan amount will be disbursed in phases based on the progress of construction .
- A customer has to invest his proportionate share of the cost before the loan is disbursed. The loan can be disbursed in lump sum or in installments as per the requirement of the development authority/society/private builder .
Punjab National Bank Home Loan Scheme
bank provides you the benefits of many types of home loan schemes under PNB Home Loan . Some of these home loan schemes are as follows:
- Punjab National Bank Gen-Next Housing Finance Scheme
- Pradhan Mantri Awas Yojana
- PNB Pride Housing Loan
- Punjab National Bank Max-Saver ( PNB Max-Saver)
PNB Gen-Next Housing Finance Scheme
Providing housing finance to Gen-Next salaried class borrowers like IT Professionals , PSBs/PSUs/Govt . Employees have a nice home . You can take this home loan for purchase of ready to move in house/flat etc., for construction of house/flat etc., for purchase of under construction flat of approved private builder . The features and eligibility of this loan are as follows:
- apply for this loan, the applicant salaried employee should have minimum 3 years of experience .
- You can take this loan till the maximum age of 40 years .
- The monthly income of the applicant should be Rs 35,000 or more .
- The minimum loan amount under this home loan is Rs 20 lakh and more is given to you as per your requirement .
Mantri Awas Yojana ( Pradhan ) Mantri Awas Yojana _
This is a scheme run by the Government of India . Under this scheme, subsidy on home loan is provided by the government to the beneficiary . You can take home loan from Punjab National Bank under the housing scheme . You can take this home loan for rooms , kitchen , toilet , house construction etc. According to the 2011 census, eligible persons are given the benefit of Pradhan Mantri Awas Yojana .
PNB Pride Housing Loan
The main objective of this loan is to ensure the availability of housing loans at attractive rates and to ensure housing for all government employees . Permanent employees of Central / State Governments / Defense employees , Paramilitary forces – Individuals or joint owners can apply for this home loan .
PNB Max- Saver
Under this loan, the borrowers are provided with the benefit of substantial savings on the interest component due to convenience . People coming under Commercial Real Estate (CRE) are not eligible for this loan . Under this home loan, you can take a home loan up to a minimum of Rs 10 lakh . The maximum loan amount is based on the housing finance scheme for the public .
Punjab National Bank Home Loan Eligibility
If you fulfill all the eligibility of PNB Housing loan then you can apply for this loan . The eligibility for Punjab National Bank Home is as follows:
- Any Salaried Person ( Salaried Person) and Self Employed (Self Employed ) person can apply for PNB Home Loan .
- Individuals and Joint Owners are eligible for this loan .
- The minimum age of the applicant should be 18 years or more .
- should not be more than 70 years at the time of loan maturity .
- You must have a regular source of income .
- The age of the person applying for PNB Flexible Housing Loan should be less than 50 years .
Punjab National Bank Home Loan Documents Required
applying for Punjab National Bank Home, you should get all your documents together . So that whenever the bank demands documents from you, you can show these documents to them immediately . To apply for a home loan, you need to provide the following documents:
For Salaried Employee:
- Duly filled application form with photo
- Age proof (PAN card , Passport , any other certificate from a statutory authority)
- Residence proof (passport , driving license , telephone bill , ration card , election card , any other certificate from a statutory authority)
- Educational Qualification – Latest Degree
- Latest salary slip for 3 months
- Form 16 for last 2 years
- last 6 months (salary account)
- Processing Fee Check in favor of ‘ PNB Housing Finance Limited ‘
- Photocopy of property title documents , approved plan
For Self Employed/Professional:
- Duly filled application form with photo
- Age proof (PAN card , Passport , any other certificate from a statutory authority)
- Residence proof (passport , driving license , telephone bill , ration card , election card , any other certificate from a statutory authority)
- Educational Qualification – Latest Degree (For Professionals)
- Certificate of business existence and certificate of existence with business profile
- last 3 years along with Profit and Loss Account and Balance Sheet duly attested/audited by a Chartered Accountant
- last 12 months (own and business)
- Processing Fee Check in favor of ‘ PNB Housing Finance Limited ‘
- property , approved plan etc.
How to apply for PNB Home Loan ?
If you have read this article completely then you must have come to know whether you are eligible for this home loan or not . If you are eligible for this home loan, then you can apply for it both online and offline . Here is the information about both the application process:
PNB Home Loan Online Apply
If you want to apply online for this home loan, then follow the steps given below :
- First of all you have to visit the official website of the bank https://www.pnbhousing.com/ .
- On the home page of the website you will find Home Loan Click on this option will appear .
- On this page you will see the option of Apply Now , click on it .
- After clicking, the registration form will open in front of you .
- You have to enter the information asked in the form correctly and submit the form .
- submitting the form , the bank officials will contact you and verify your documents .
- After that the loan process will be taken forward .
How to apply for PNB Housing loan offline ?
If you do not want to apply online then you can also apply offline . To apply offline, follow the steps given below :
- First of all you have to go to your nearest Punjab National Bank branch .
- By going to the bank, you have to tell the bank official that you want to apply for home loan .
- After that the bank official will provide you all the information related to the loan .
- Then your CIBIL score and documents will be checked and you will be informed about the loan amount up to which you are eligible .
- If you fulfill all the conditions of the bank, then the loan process will be carried forward .
- After all the process, your loan will be approved and in some time the loan amount will be transferred to your bank account .
How to check Home Loan Status ?
If you have applied for home loan then you can track your loan status online . To track the status of your loan, follow the steps given below :
- First of all, you have to visit the official website of the bank at pnbhousing.com .
- On the home page of the website, you will see the option of Loan Application Tracker , click on it .
- A box will open in front of you .
- In this you enter your mobile number and click on submit .
- submit , the status of your loan will be shown to you .
Punjab National Bank Home Loan EMI Calculator
Before applying for a home loan, you should calculate the EMI ( Equated Monthly Installment) of your loan . Because if you take a home loan up to a higher loan amount and you get EMI If you do not calculate the amount, then you may have to face trouble at the time of loan repayment . Home loan EMI depends on three main factors – loan amount , interest rate and loan tenure . Are you in PNB Bank? Home Loan EMI Calculator Using EMI of your loan can calculate
PNB Home Loan Customer Care Number
If you are thinking of building a house and you are short of money then you can join Punjab National Bank Home Loan . The complete process of applying for this loan is given in detail in this article . But if you are facing any kind of problem in applying for this loan or if you want to get other information about this loan, then you can contact the PNB Home Loan helpline number given below:
- Toll Free Number – 1800 120 8800
- Email ID: [email protected]
Conclusion:
in this article PNB Home Loan Complete information has been provided about If you are facing any problem in applying for this home loan or want to know more about Punjab National Bank Home Loan, then you can call on PNB Home Loan customer care number to get more information .
Any person who wants to build a house and is short of money can join Punjab National Bank Home Loan . Hope you friends have found this article informative . If you liked this article then please share it with your friends .
FAQ’s
Q. What is a home loan ?
Ans. When any person takes a loan for building , buying or constructing a house, it is a home loan . Like other banks, Punjab National Bank also provides home loan facility to the customers .
Q. What is the maximum loan tenure of Punjab National Bank Home Loan ?
Ans. 30 years |
Q. What is the processing charge for PNB home loan ?
Ans. 0.35% of loan amount + GST
Q. How can I apply for Punjab National Bank Home Loan ?
Ans. Complete information about applying for home loan is given in this article . You can apply for this loan online and offline by reading this article completely .
Q. What is the home loan interest rate in PNB ?
Ans. The interest rate of this home loan starts from 7.35% p.a.