| PNB Housing Finance Loan Against Property Highlights | |
| Interest Rate | 9.00%-15.00% p.a. |
| Tenure | Up to 20 years |
| Processing Charges | 2% of the loan applied for + GST |
Note: Rates as of 17 July 2025
Table of Contents
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.
| Credit score (any loan amount) |
Loan Against Commercial Property (p.a.) | Loan Against Residential Property (LAP) (p.a.) | Loan against Plot/ Loan against Special Property* (Residential/Commercial) (p.a.) |
| >= 825 | 9.00% to 10.50% | 9.00% to 10.50% | 9.00% to 10.50% |
| >800 to 825 | 9.85% to 11.35% | 9.85% to 11.35% | 9.85% to 11.35% |
| >775 to 799 | 10.35% to 11.85% | 10.35% to 11.85% | 10.35% to 11.85% |
| > 750 to 775 | 10.85% to 12.35% | 10.85% to 12.35% | 10.85% to 12.35% |
| > 725 to 750 | 11.15% to 12.65% | 11.15% to 12.65% | 11.15% to 12.65% |
| > 700 to 725 | 11.65% to 13.15% | 11.65% to 13.15% | 11.65% to 13.15% |
| >650 to 700 | 11.90% to 13.40% | 11.90% to 13.40% | 11.90% to 13.40% |
| upto 650 | 11.90% to 13.40% | 11.90% to 13.40% | 11.90% to 13.40% |
| NTC Cibil >=170 | 11.55% to 13.05% | 11.55% to 13.05% | 11.55% to 13.05% |
| NTC Cibil <170 | 11.80% to 13.30% | 11.80% to 13.50% | 11.80% to 13.50% |
Lease Rental Discounting Interest Rates
| Credit Score (any loan amount) |
Interest Rates (p.a.) |
| >=825 | 9.00% to 10.50% |
| > 800 to 825 | 9.85% to 11.35% |
| >775 to 799 | 10.35% to 11.85% |
| > 750 to 775 | 10.85% to 12.35% |
| > 725 to 750 | 11.15% to 12.65% |
| > 700 to 725 | 11.65% to 13.15% |
| >650 to 700 | 11.90% to 13.40% |
| upto 650 | 11.90% to 13.40% |
| NTC Cibil >=170 | 11.55% to 13.05% |
| NTC Cibil <170 | 11.80% to 13.30% |
Roshni LAP Interest Rates
| Particulars | Interest Rates (p.a.) |
| Loan against property | 11.50% to 15.00% |
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 |
Apply for Loan Against Property at Low Interest Rates Click Here
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) ** |
|
| Part or Full Prepayment of loan (on Fixed Rate of Interest) ** | 3% of Principal Pre-paid + GST
|
| Cheque/NACH Mandate Form Return (Bounce Charges) |
|
**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.
Apply for Loan Against Property at Low Interest Rates Click Here
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.