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PNB Housing Loans


Punjab National Bank or popularly known as PNB is among 4 largest banks of India along with SBI, ICICI, HDFC banks. The bank provides cheapest housing loans at very flexible repayment terms. At present interest rate on PNB housing loans ranges between 8.75% to 12% depending on repayment tenure and type of loan (fixed/floating). PNB Housing Loan are granted for purchase/ construction of a new home, purchase of a plot for house, or for repair, renovation or extension of your existing home.


Why PNB housing loans?

  • Most competitive interest rates in housing finance.

  • Flexible repayment terms and longest period of upto 25 years.

  • Clubbing of income of spouse and children allowed for loan amount consideration.

  • Options of Floating and Fixed interest rates.

  • Construction linked housing loan ensures early EMI re-payment towards principal amount thus savings in interest and faster repayment of the loan.

  • For Term loan component of flexible variant 0.25% lower interest rate than under normal variant under all tenors of repayment.

  • Fast processing with hassle free documentation.

  • Zero prepayment charges if loan is prepaid by the borrower from his/her own sources.

  • Loan amount ranging from a minimum of 2 lacs to a maximum of 3 crore rupees.

  • Home Insurance options at an attractive premium.



Eligibility and Loan amount


  • Loan is available to people in the age group of 18-65 years (can be extended upto the age of 70 years under banks discretion).

  • You should have a regular source of income.

  • Loan amount of upto 3 crore subject to maximum of 75% cost of the property.

  • Upto 20 lacs for extension of your existing home and upto 2 lacs for furnishing.

  • Upto 20 lacs for purchasing a plot for constructing your dream house in the near future.



PNB Housing Loan Rates


Punjab National Bank provides housing loans attractive interest rates and flexible repayment terms.



Loan Amount (Rs.)

Rate of Interest %




Upto Rs. 30 Lacs

10.25% - 10.75%

>Rs. 30 lac - Rs. 75 Lacs

10.50% - 11.00%

Loans greater than Rs. 75 Lacs

10.75% - 11.25%


PNB Housing Loan EMI Calculator