Punjab National Bank (PNB) is one of the leading banking and financial companies in India. PNB is termed as ‘Swadeshi’ bank that offers wide range of services that include consumer banking, wealth management, corporate banking, private equity, investment banking, and finance and insurance services. PNB also focuses on its banking products, such as home loans and credit cards. PNB offers home loan at very competitive interest rate which starts from 8.65% onwards. Further, let’s discuss regarding a variety of home loan options provided by PNB to its customers.
PNB Home Loan Interest Rate 2019
|Interest Rate||8.65% onwards|
|Min. & Max. Age Criteria||18 Years – 65 Years|
|Processing Charges||0.50% of the loan amount, Min. Rs. 2500|
|Loan Tenure||Upto 30 years|
|Loan Amount||Max. up to Rs. 1 crore|
|Loan Tenure for Repair, Renovation||Max. 15 years|
|Overdraft Charges||Rs. 450/-|
|Pre-payment/Foreclosure Charges||Nil if floating, up to 2% for fixed rate|
|Document Charges||Rs. 1350/-|
Note:The mentioned interest rates,fees and charges are subject to change and depend on the sole discretion of the bank and RBI . GST and service tax shall be levied extra on the mentioned charges.