Punjab National Bank Loan Interest Rates

Hello sir I want to take Personal Loan from Punjab National Bank so would you please tell me what is the Interest Rates for Personal Loan at Punjab National Bank??

[Shaleen]

Hello friend, here I am giving you some information about the Interest Rates for Personal Loan of punjab National Bank…….

Rate of Interest:
For Loans up to Rs.10 lac: Base Rate+3% presently (13%)

For Loans up to Rs.5 lac: Individuals who are availing the loan under check-off facility (including Defence Personnel): Base Rate+5% presently (15%)

For others up to Rs.5 lac: Base Rate+6% presently (16%)

Quantum of Finance:
Minimum Rs.50000/-
Rs. 4,00,000 or 20 times monthly net salary whichever is lower subject to minimum Net monthly salary as under:

Metro Centres : Rs.15000/-

Urban Centres : Rs.12500/-

Semi- Urban/ Rural Centres : Rs.10000/-

And Rs. 5,00,000/- or 20 times monthly net salary whichever is lower for those Salaried persons having completed service of 3 years in the present organization & drawing net monthly salary of not less than Rs.30,000/- p.m.

Subject to Minimum Net monthly salary as under:

Metro Centres : Rs.50000/-

Urban Centres : Rs.40000/-

Semi- Urban/ Rural Centres : Rs.30000/-

For teachers and Defence personnel minimum Net Monthly Income shall be Rs.7500/- at all Centres.

Processing Charges/ Upfront fee/Documentation Charges:
Upfront Fee 1.80% + service tax & Edu.Cess

Documentation charges

Upto Rs. 2 lac: Rs.270+ service tax & Edu.Cess

Over Rs.2 lac: Rs.450+ service tax & Edu.Cess

For Defence Personnel only

Upfront fee / Documentation charges – NIL

Contact no.:
Toll Free No.
1800 180 2222
1800 103 2222
Tolled.No.01202490000
Landline:01123714562
complaint@pnb.co.in

Hello sir, I am Ravi Verma. I am from Chandigarh. I am thinking of taking a loan from Punjab national bank. Can you tell me about the Punjab National Bank Loan Interest Rates?

[Shaleen]

Punjab national bank is one of the Big 4 banks of India and a public sector bank.
It was established din the year 1894.

As you have asked about the PNB loan rates, check the information below
Personal Loan to Pensioners
Less Than 3 yrs 3 Yrs. & above
Demand and Term Loan BR+2.50% BR+2.00%+TP
Overdraft BR+2.50% BR+2.00%+TP

Loan against mortgage of Immovable Property
Less than 3 yrs
BR+1.65% to BR+5.40% depending on Risk Rating /PNB Score
or Term Loans repayable in 3 years & above, Term premium of 0.50% shall be added.
(ii) Concession in Rate of interest will be given on the basis of realizable value of Immovable property offered as security as given hereunder

Available Realizable Value of IP Concession in ROI
Concession in ROI
Above 200% & upto 250% of loan amount
0.25%
Above 250% & upto 300% of loan amount
0.50%
Above 300% of loan amount
0.75%

Education Loan
(A) PNB SARASWATI & PNB KAUSHAL & PNB UDAAN

Amount of Loan Rate of Interest

Loans upto Rs 4 lac BR+2.00%
Loans over Rs 4 lac & upto Rs 7.50 lac BR+3.00%
Loans over Rs.7.50 lac (where 100% tangible collateral security in the shape of IP, enforceable under SARFAESI Act, and/or liquidsecurity is available) BR+1.00%*
Loans over Rs 7.50 lac Other cases BR+2.50%
Loan for pursuing education from premier foreign Universities and educational Institutes(201) under PNB UDAAN BR

B. PNB Pratibha

Amount of Loan
Loans up to Rs 20 lac
BR

(C) PNB Honhaar (Education Loan Scheme Delhi Government)
Loans up to Rs 10 lac BR+2%