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Punjab and Sind Bank Personal Loan

Punjab & Sind Bank offers personal loans @ 9.60% p.a. onwards for loan amounts of up to Rs 20 lakh and for tenures of up to 7 years. Punjab & Sind Personal Loan to pensioners is also offered for loan amounts of up to Rs 6 lakh.
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Get up to ₹50 Lakhs starting at 9.98%

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

About Punjab & Sind Bank Personal Loan

  • Punjab & Sind Bank personal loans are offered at competitive interest rates to meet different personal financial needs.
  • Consumers applying through Paisabazaar can experience a seamless online loan process and end-to-end expert assistance.
  • Punjab & Sind Bank personal loans have a minimum documentation requirement and are offered without any collateral/security.
  • These personal loans come with flexible repayment terms and can be repaid in affordable EMIs.
  • Punjab & Sind Bank personal loans have zero hidden charges and are disbursed quickly.

Punjab & Sind Bank Personal Loan Highlights

Interest Rates 9.60%-13.85% p.a.
Loan Amount -For Salaried: Up to Rs 20 lakh
-For Pensioners: Up to Rs 6 lakh
Tenure Up to 7 years
Processing Fee 0.50%-1%
Prepayment Charges NIL

Rates as of 15th April 2026

Punjab & Sind Bank Personal Loan Interest Rates

For Employees of Government/State Government/PSU/Pensioners

CIBIL Credit Vision Score Interest Rates (p.a.)
825 and above 9.70%
768-824 10.75%
753-767 11.00%
732-752 11.25%
700-731 11.50%
650-699 12.75%
649 and below 13.75%

Employees of Private/MNC/Approved Institute, if their Salary Account is maintained with Punjab & Sind Bank

CIBIL Credit Vision Score Interest Rates (p.a.)
825 and above 9.80%
768-824 11.00%
753-767 11.10%
732-752 11.55%
700-731 12.35%
650-699 12.85%
649 and below 13.85%

PSB Veer Samarth

CIBIL Credit Vision Score Interest Rates (p.a.)
825 and above 9.60%
768-824 9.95%
753-767 9.95%
732-752 10.50%
700-731 10.85%
650-699 12.75%
649 and below 13.75%

Types of Punjab & Sind Personal Loan

PSB Personal Loan

Purpose:

PSB Personal Loan is a regular personal loan scheme for meeting the personal financial requirements of government/PSU employees/employees working in MNC/Public Ltd. Companies and confirmed employees of approved educational institutions.

Loan Amount:

  • For permanent government employees/PSU employees/employees of MNC/ employees of an approved education institute: Up to 24 times monthly net salary or Rs 20 lakh, whichever is less.
  • For permanent employees of other private institutions: Up to 18 times monthly net salary or Rs 5 lakh, whichever is less.
  • For pensioners till the age of 65 years: Up to 20 times monthly net pension or Rs 6 lakh, whichever is less.
  • For pensioners aged between 65 years and 70 years: Up to 10 times monthly net pension or Rs 3 lakh, whichever is less.

Tenure:

Up to 7 years, subject to maximum age criteria, whichever is earlier

PSB Veer Samarth

Purpose:

PSB Veer Samarth Personal Loan is offered to individuals maintaining a Gaurav Bachat Salary account and pensioners maintaining pension accounts with Punjab & Sind Bank for meeting personal requirements like travel expenses, medical or marriage expenses.

Loan Amount:

  • For salaried applicants: Up to 24 times monthly net salary or Rs 20 lakh, whichever is less.
  • For loan amount above Rs 10 lakh is offered to those applicants having CIC score 725 or above.
  • For pensioners till the age of 65 years: Up to 20 times monthly net pension or Rs 6 lakh, whichever is less.
  • For pensioners aged between 65 years and 70 years: Up to 10 times monthly net pension or Rs 3 lakh, whichever is less.

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Fees & Charges of PSB Personal Loan

Processing Fees

Particulars Processing Fees
Government/Pensioner/PSU/Approved Educational Institute 0.50% + GST
Private Institute/MNC 1.00% + GST
PSB Veer Samarth 0.50% + GST

Other Charges 

Particulars Charges
Documentation Charges Actual Stamp/Revenue Expenses only (Waived for PSB Veer Samarth scheme)
Inspection Charges NIL
Prepayment Charges NIL

Eligibility Criteria for Punjab & Sind Bank Personal Loan

For PSB Personal Loan

  • Salaried applicants, pensioners, permanent government employees (Central/State government), employees of MNC/Public Limited Companies, PSU employees, permanent employees of an approved educational institute.
  • Age Criteria:
    • Minimum age: 21 years
    • Maximum age: For Salaried: date of retirement from services; For pensioners: 70 years

For PSB Veer Samarth

  • Applicants maintaining their Gaurav Bachat Salary and pension accounts have respective salary and pension credits with Punjab & Sind Bank.
  • Age Criteria:
    • Minimum age: 21 years
    • Maximum age: For pensioners: 70 years

Punjab & Sind may also consider the monthly income and credit score of its personal loan applicants just like other lenders do while setting their personal loan eligibility.

Documents Required for Personal Loan Application

  • Completely filled and signed application form with 2 passport sized photographs
  • ID Proof
  • Address and Age Proof
  • Income Proof:

For Salaried:

  • ITR Form 16 for past 3 years
  • Original/certified copy of latest salary slips for last 3 months
  • Statement of personal asset and liability
  • In case of other bank, bank account statement for past 6/12 months
  • Statement of loan account for past 6 months
  • Bio-data of the applicant with age, educational qualifications, job experience, nature of business/profession with vital proofs
  • Income proof of parents/spouse/earning children to determine the loan amount/repaying capacity of the loan applicant
  • ITR of guarantor for last 2 years
  • Guarantor’s form along with income proof/net worth proof
  • An undertaking letter by the employer for remittance of EMI

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

Avail Personal Loan for
All Your Needs

FAQs

Pensioner not having their pension account with Punjab & Sind Bank cannot avail personal loan from the bank.

Punjab & Sind Bank offers personal loans at floating rate of interest only.

The applicants with credit score above 640 can avail personal loan from Punjab & Sind Bank.

The applicants need to provide third party guarantee/mutual guarantee/guarantee of spouse/major son while applying for Punjab & Sind Bank Personal Loan.

Punjab & Sind Bank offers personal loans to salaried individuals and pensioners only.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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