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Punjab National Bank Home Loan

★★★☆ 3.9/5
Best Rate

Punjab National Bank offers attractive home loan rates with special benefits for government employees and women borrowers.

Key Highlights

7.5%
Starting Interest Rate
1% of the loan + GST
Processing Fee
₹10 Crores
Maximum Loan Amount
30 years
Maximum Tenure

Punjab National Bank Home Loan Interest Rates

Current interest rates as per latest updates

Interest Rate Range 7.5% - 9.35% per annum

* Interest rates are subject to change based on RBI guidelines and your credit profile.

* Final rates depend on loan amount, tenure, and creditworthiness.

Features & Benefits

Key Features

  • Government employee benefits
  • Women borrower concessions

Special Offers

  • Zero processing fee till March 31, 2025
  • Special rates for government employees
  • Concessions for women borrowers

Pros and Cons

Advantages

  • Competitive rates
  • PSU bank trust

Considerations

  • Slower processing
  • Traditional approach

Punjab National Bank Home Loan Eligibility

Check if you meet the eligibility criteria

  • Age: 18-65 years
  • Minimum income: ₹12,000 per month
  • CIBIL Score: 650+ acceptable
  • Regular income source

Documents Required

Keep these documents ready for quick processing

  • Identity proof
  • Address proof
  • Income documents
  • Bank statements
  • Property papers

Apply for Punjab National Bank Home Loan

Start your home loan application process today

Compare with Other Banks

See how Punjab National Bank compares with other lenders

Frequently Asked Questions

What is the minimum income required for Punjab National Bank home loan?

The minimum income requirement varies based on your location and employment type. Generally, it ranges from ₹10,000 to ₹25,000 per month.

How long does Punjab National Bank take to approve a home loan?

The approval process typically takes 7-15 working days, depending on document verification and property evaluation.

Can I prepay my Punjab National Bank home loan?

Yes, you can prepay your home loan. Some banks may charge prepayment penalties, so check the terms and conditions.

Important Disclaimer

• All information provided is for reference purposes only and subject to change.

• Interest rates and fees are indicative and may vary based on your profile and market conditions.

• Loan approval is subject to the bank's terms and conditions and credit assessment.

• Please verify all details with the bank before making any financial decisions.