PNB Home Loan – Punjab National Bank Housing Loan Interest Rates

Punjab national bank is one of the best and leading banks of India. The government of India manages it. It is not only the leading bank but also one of the leading financial companies in India. We know that the government of India owns Punjab national bank. Hence it is only available to take financial help when there is any scheme running on finance. PNB offers a variety of loans to the customers, and one of their quick approval loans is home loans.

We know that PNB is a government bank, and hence, you only need to have a good credit score for quick home loan approval. There are some formalities and verification which should be done to get approval from the manager and once the loan is approved, the amount which is sanctioned directly transfer to the person bank account.

PNB Home Loan Interest Rates and Charges:


Punjab national bank is giving fierce competition to the private and other government banks in terms of providing lower interest rates among others. The interest rates for PNB home loan starts from 8.5% per annum. Whichever is the lower interest rate for getting a home loan.

However, there are some processing charges which every bank does charge. The processing charges are something near about 0.35% of the loan amount or minimum of rs 2500. There are some document charges as well which is near about 1350 rs and if you pre close the loan then 2% additional charges are there.

Read More : PNB Net Banking Login Guide

What is the Eligibility for PNB Housing Loan?

Your age should be greater than 18 and under 65, which is the limited and required age for getting home loan approval. There are some documents required as well for processing your loan. The list of documents which are required:

  • The duly filled loan application form
  • Self-attested passport size photograph
  • Identity Proof (PAN Card/ Voter’s ID card/ Passport/ Driver’s License)
  • Age Proof (Class 10th Certificate, Passport)
  • Residence Proof (Utility Bills (Telephone Bill/ Electricity Bill/ Water Bill/ Piped Gas Bills) or Driving License/Passport)
  • Last six months’ Bank Statement
  • Property Papers ( NOC from Builder) (Sale’s agreement)(Chain of all old Sale Agreements)

If you have the proper list of documents and have a good credit score, then you are applicable for getting quick home loan approval from Punjab national bank.


The repayment tenure can be up to 15 years of maximum. You should know that the lesser tenure you will choose the lesser is the interest rates but higher the EMI’s. The more tenure you will select the lesser the EMI, but the interest rates will be high.


We know that approval of home loan requires a good credit score, proper list of documents and some salary or business proof. In this post, we have mentioned everything about Punjab national bank home. Like, what you need, what type of documents are required, and what is the eligibility for getting a home loan. In case, if anything is not understandable and you want to ask us about anything else, then you can ask us in the comments section. We will be happy to help you.


Natraj Studied bachelor's degree in finance and business from Telangana University, Nizamabad. A Writer based In India, He has a degree in Charted Accounts and has very knowledgeable in credit repair and Banking Sectors. So, I decided to start a blog and share my knowledge to the visitors.

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