PNB Housing Loan Against Property

PNB Housing Finance Loan Against Property Highlights
Interest Rate	9.00% p.a. onwards
Tenure	Up to 20 years
Processing Charges	2% of the loan applied for + GST

Note: Rates as of 21 August 2025

PNB Housing Finance Loan Against Property Interest Rates

PNB Housing Finance offers loan against property interest rates depending on the credit score and type of loans offered to loan applicants.

Roshni LAP Interest Rates

Particulars	Interest Rates (p.a.)
Loan against property	11.50% onwards

Compare Interest Rates on Loan Against Property for Top Banks & HFCs

Name of the Lender	Interest Rate (% p.a.)
State Bank of India	9.20-10.50	Apply Now
Bank of Baroda	10.85-18.35	Apply Now
PNB Housing Finance	9.25-15.00	Apply Now
IDFC First Bank	9.00-16.50	Apply Now
HDFC Bank Limited	9.50-11.00	Apply Now
L&T Housing Finance	9.50 onwards	Apply Now
LIC Housing Finance	9.50-11.55	Apply Now
Godrej Housing Finance	9.75 onwards	Apply Now
ICICI Bank	10.85-12.50	Apply Now
Tata Capital	9.00 onwards	Apply Now
Axis Bank	10.50-10.95	Apply Now
Punjab National Bank	10.15-14.00	Apply Now

Types of PNB Housing Finance Loan Against Property

Loan Against Property

Purpose: Prospective applicants can avail loan against property for meeting business and personal requirements

Loan Amount: Maximum loan amount (LTV): 70% of the market value of the property as certified by an approved valuer of PNB Housing or the repayment capacity of the customer, whichever is lower.

Security: The loan is secured by a first charge in the form of an equitable mortgage of the property to be financed and/or such other collateral securities as PNB Housing deems appropriate. Additional or interim security can be required as acceptable to PNB Housing.

Loan Repayment: Upto 20 years

Lease Rental Discounting (LRD)

Loan Amount: Maximum loan amount (LTV): 80% of the future rent receivable (future) within the unexpired period of the lease deed

Security: The loan is secured by a first charge in the form of an equitable mortgage of the property to be financed and/or such other collateral securities as PNB Housing deems appropriate.

Tenure: Up to 10 years within the un-expired period of the lease deed subject to a maximum period.

Loan Repayment: Loan repayment is made through an escrow account with a maximum of 120 monthly installments or the remaining lease period. A letter from the lessee is required for direct remittance of lease rental to the PNB Housing designated account.

PNB Housing Finance Loan Against Property Fees & Charges

Charges Type	Charges Applicable
Processing Fees	2% of the loan applied for + GST
Part or Full Prepayment of loan (on Floating Rate of Interest) **	NIL – In case the property is in the name of Individual & loan is not a Non-Housing / Business purpose loan 3% – of principal prepaid + GST – If property is in the name of Individual & Purpose is non housing/business In case of property is the name of a non-individual entity, it will be considered as business purpose loan and a charge of 3% of principal paid + GST will be applicable
Part or Full Prepayment of loan (on Fixed Rate of Interest) **	3% of Principal Pre-paid + GST
Cheque/NACH Mandate Form Return (Bounce Charges)	Rs 750/- + GST (1st Bounce) Rs 1000/- + GST (2nd Bounce – Same Instrument Representation) 24% p.a on unpaid EM

**The amount should be at least five times the prevailing EMI for a payment to be considered & applied as part payment of loan.

Eligibility Criteria for PNB Housing Finance Loan Against Property

Loan Against Property

PNB Housing Finance offers loan against property to both salaried and self-employed applicants. Stated below are the eligibility criteria for availing home loan. The bank can also consider the nature of business (self-employed applicants), credit score, job profile (salaried applicants), monthly income, etc. of its applicants while evaluating their home loan eligibility, just like many lenders do.

• Maximum Age (for salaried applicants): 60 years at the time of loan maturity
• Maximum Age (for self-employed professional/non-professional): 65 years at the time of loan maturity.

Lease Rental Discounting

Applicants who own properties in metro/ urban/ semi-urban areas, who have rented out their properties to Public Sector Undertakings or Government or Semi-government or Reputed Corporates,  Financial Institutions, Banks, and Multi-national Companies can avail loan against future rent receivable.

Documents Required for PNB Housing Finance Loan Against Property

For Salaried Employees:

• Application Form with Photograph
• Age Proof (Passport, PAN Card, or any other Certificate from Statutory Authority)
• Residence Proof (Passport, Telephone Bill, Ration Card, Driving License, Election Card, or any other Certificate from Statutory Authority)
• Latest Education Qualifications – Degree
• Latest Salary-slips for 3 months
• Form 16 for the last 2 years
• Bank Account Statements of last 6 months (salary account)
• Processing Fee Cheque required in favour of ‘PNB Housing Finance Ltd.’
• Photocopy of Title Documents of the Property, Approved Plan

For Self Employed/Professionals

• Application Form with Photograph
• Age Proof (Passport, PAN Card, or any other Certificate from Statutory Authority)
• Residence Proof (Passport, Telephone Bill, Driving License, Election Card, Ration Card, or any other Certificate from Statutory Authority)
• Education Qualifications – Latest Degree (for professionals)
• Certificate & Proof of business existence along with Business Profile
• Last 3 years Income Tax returns (self and business) with Profit & Loss Account and Balance Sheets duly certified or audited by a Chartered Accountant
• Bank Statements of last 12 months (self and business)
• Processing Fee Cheque required in favour of ‘PNB Housing Finance Ltd.’
• Photocopy of Title Documents of the Property, Approved Plan etc

For Lease Rental Discounting Loan

• Application Form with Photograph
• Age Proof (Passport, PAN Card, or any other Certificate from Statutory Authority)
• Residence Proof (Passport, Telephone Bill, Driving License, Election Card, Ration Card, or any other Certificate from Statutory Authority)
• Income Tax returns for last 3 years (self & business) with Balance Sheets and Profit & Loss Account duly certified or audited by a Chartered Accountant
• Certificate & Proof of business existence along with Business Profile
• Processing Fee Cheque required in favour of ‘PNB Housing Finance Ltd.’
• Photocopy of Title Documents of the Property, Approved Plan etc
• Registered Lease Deed copy
• Bank Statements of last 6-12 months which reflect the Rental Credits in the account

The housing finance company may also ask for additional loan aganist property documents of the applicants based on their credit profiles.