Punjab National Bank (PNB) is one of India's most well-known public sector banks. It is a global Indian bank that offers banking and financial services to both individuals and businesses. The bank was established in 1894 and today has branches throughout the India. PNB House Loans offers exciting options and quick service for home loan paperwork, processing, and other requirements.
Home loan interest rates at Punjab National Bank (PNB) begin at 6.80%. PNB's housing loan has a maximum lending amount of Rs 1 crore. PNB offers a variety of housing loan options to meet a wide range of financial needs. PNB house loan is one of the lender's greatest financial products, including deposit plans and other financial services with low interest rates. The lowest EMI on home loans is Rs. 662, which is among the lowest in the banking market.
PNB Bank’s Home Loan Schemes 2021:
PNB makes it simple to acquire a customised Home Loan that meets your needs. From a home purchase loan to a home construction loan, a home improvement loan, a home extension loan, a residential plot loan, and many other types of loans, Punjab National Bank has a loan to suit your needs. The following are some of the most popular PNB home loan products:
PNB Max Saver: This plan allows you to deposit excess cash in an overdraft account and withdraw them up to the amount of your drawing capacity as needed. The loan amount must be at least Rs.10 lakh. PNB Max Saver is a home loan in the form of an overdraft offered by PNB. The financing program enables you to save a lot of money on interest on your home loan.
PNB Housing Loan For Public: The ‘Housing Loan for Public' housing loan scheme can be used to build a house/flat, buy a new house/flat, renovate an existing house/flat, or buy a residential land/plot.
PNB Pride Housing Loan for Government Employees: Permanent Central and State Government Employees, Defence Personnel, and Paramilitary Forces are eligible for the PNB Pride Housing Loan. Customers who meet the criteria for the loan can apply for it alone or combined. It can be used to buy a new house, plot, or flat, build a new house, or renovate or repair an existing house/flat.
PNB Home Loan Interest Rate 2021:
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PNB Home Loan Schemes |
Up to Rs. 30 lakh |
Above Rs. 30 lakh & up to Rs. 75 lakh |
Above Rs. 75 lakh |
|
PNB Home Loan |
6.80% – 7.05% |
6.95% – 7.30% |
6.95% – 7.40%* |
|
PNB PRIDE |
6.80% |
7.05% |
7.05% |
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PNB Max Saver |
6.80% onwards |
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Home Loan Overdraft |
8.20% |
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Features and Benefits of a PNB Home Loan:
- Women who apply for a loan are eligible for a lower interest rate if they meet certain criteria.
- A wide range of home loan schemes are available to meet the financial demands of every consumer.
- Home loan interest rates begin at 6.80 % p.a.
- Up to a 30-year repayment period is available.
- All borrowers are eligible for an overdraft and a top-up credit line.
Documents Required for PNB Home Loan:
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Salaried Customers |
Businessmen – Professionals Self Employed |
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PNB Home Loan Application Form with Photograph |
PNB Home Loan Application Form with Photograph |
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KYC Documents: Proof of Residence like Aadhar card, Passport, PAN, Voter ID, Driving License, etc. |
KYC Documents: Proof of Residence like Aadhar card, Passport, PAN, Voter ID, Driving License, etc. |
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Bank statements from the previous six months. |
Bank statements from the previous six months. |
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Cheque for processing fee |
Cheque for processing fee |
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Current salary slip |
Certificate of education and proof of business or Shop act license |
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Form16 |
Company profile and income tax returns for the previous three years (self and business) |
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Profit/loss and balance sheet for the previous three years |
