PNB Housing Finance

PNB Housing Finance

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating rate of Interest : 8.60% p.a. to 9.60% p.a.
  • Fixed Rate of Interest : 8.85% p.a. to 10.75% p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 60 years
  • Loan period from 3 years to 30 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 0.00% to 1.00% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about PNB Housing Finance

PNB Housing Finance Limited (PNBHFL) is a 28 years old public sector housing finance company. It’s headquartered in New Delhi. It’s branches in major cities all across India. The PNB Housing is promoted by Punjab National Bank and is registered with state owned bank. The PNB Housing Finance Limited started its operations on November 11, 1988.

Your Eligibility depends on following

You should be minimum 21 years old

You should be maximum 60 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Make your spouse as co applicant , her/his income will also be added in eligibility
Choose longer tenure of loan period maximum upto 30 years
Add more than one co applicant if required to enhance your eligibility
Close short term loans, this will also increase your eligibility

Rate of Interest and Other Charges for Home Loan are following

PNB Home Loan Floating Rates of Interest:

Self-Employed Professionals

Self-Employed Non Professionals


8.9% - 9.4%

9.1% - 9.6%


PNB Home Loan Fixed Rates of Interest for Salaried and Self-Employed Professionals:

3 years

5 years

10 years

8.8% - 9.3%

8.8% - 9.3%

9.1% - 9.6%

PNB Home Loan Fixed Rates of Interest for Self-Employed Non-Professionals:

3 years

5 years

10 years

8.99% - 9.49%

8.99% - 9.49%

9.3% - 9.8%

The rates/fees and charges may be changed at any time at the discretion of PNB Housing.

Existing Loan take over or New Loan

Advantages of taking Home Loan from PNBHFL

  • PNB Housing finance offers upto 90% funding on property cost.
  • Door step services ensure fast loan approvals.
  • You can fetch more loan amount if cost of project is increased.
  • You can check for Home loan TAX Benefits.
  • High Standards of Ethics, integrity and transparency.
  • Customized eligibility programs to work out your loan amount.

Features of Loan

Features of PNB Housing Finance Home Loan:

  • It have Expansive network of operational branches spread across India.
  • Provide Loans for all requirements- Purchase, Construction, Extension, Improvement and Plot loans.
  • Provide Hassle free application processing, transparent procedures and zero red-tape.
  • It is Quick and easy approval and disbursal of loans, thanks to an efficient service delivery model.
  • PNB housing finance have Robust customer support handled by highly qualified professionals.
  • Ethics, Integrity and Openness are central pillars at PNB HOUSING.
  • You can get Easy repayment options.

Documents Required for applying  Home Loan  with PNB Housing Finance

  1. Duly filled Application Form with Photograph
  2. Age Proof
  3. Residence Address Proof
  4. Education qualifications
  5. Latest Salary Slips 3 months / Certificate & Proof of business existence along with Business Profile
  6. Form 16 for last 2 years / Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
  7. Processing Fee Cheque in favour of ‘PNB Housing Finance Ltd.’
  8. Photocopy of Title Documents of the Property, Approved Plan