Punjab National Bank (PNB) Personal Loan

• Interest Rate: 10.25% - 16.80% p.a.
• Loan Amount: Up to Rs 20 lakh
• Tenure: Up to 7 years; For pensioners- Up to 5 years
• Processing Fees: Up to 1%

Rates as of 9th February 2026

• Competitive Interest Rates: PNB offers personal loans @ 10.25% p.a. onwards, which is lower compared to other leading banks such as Bank of India and Axis Bank.
• Special Schemes for Different Profiles: From salaried professionals and self-employed individuals to pensioners and working women in your perinatal period (PNB Matritva), PNB offers various personal loan scheme options.
• Trusted and Established Lender: With a strong legacy and widespread branch network, PNB is a reliable choice backed by years of banking excellence.

• Purpose: Punjab National Bank offers Personal Loan Scheme for Public to salaried individuals to finance their personal needs such as medical treatment, domestic/foreign travel expenses, wedding expenses, education, etc.
• Loan Amount: Up to Rs 20 lakh (up to 24 times of gross monthly salary).
• Tenure: Up to 6 years.

• Purpose: Punjab National Bank offers Personal Loans for Salaried Individuals maintaining KYC compliant savings and salary accounts with any bank. The entire loan application process till disbursement is digital.
• Loan Amount: Rs 25,000 to Rs 10 lakh; Up to Rs 6 lakh with Single OTP.
• Tenure: Up to 6 years or till 60 years of age of the applicant, whichever is earlier.

• Purpose: Punjab National Bank offers Personal loans for Self-employed Professionals such as CA, CS, Data Analyst, Architect, LIC Agents, Engineers, Software Developers, etc. to finance their personal needs. The applicant should be maintaining his/her savings/current account with PNB for the last 2 years.
• Loan Amount: 10 times of average Gross monthly income of the last two years with a maximum of Rs 5 lakh.
• Tenure: Up to 5 years or 65 years of age, whichever is earlier.

• Purpose: Doctors having a net annual income of Rs 5 lakh and more can avail Personal Loan for Doctors offered by Punjab National Bank to meet their professional/personal requirements.
• Loan Amount: Rs 2 lakh-20 lakh or up to 24 times of gross monthly income, whichever is lower.
• Tenure: Up to 7 years.

• Loan Amount:
• Minimum- Rs 25,000
• Maximum-
  • For applicants up to 70 years of age- Rs 10 lakh or 18 times the net monthly pension (20 times for defense pensioners), whichever is lower.
  • For applicants above 70 years of age and up to 75 years of age- Rs 7.50 lakh or 18 times the net monthly pension (20 times for defense pensioners), whichever is lower.
  • For applicants above 75 years of age- Up to Rs 5 lakh or 12 months of pension amount, whichever is lower.
• Tenure: 5 years or up to 78 years of age, whichever is earlier.

• Purpose: The PNB Matritva scheme offers financial assistance to working women for expenses related to childbirth and maternity care during the perinatal period. The loan covers hospital expenses incurred before and after childbirth. Prospective borrowers can get loan sanction from 2 months prior to the expected delivery date until 3 months post-childbirth, based on a self-declaration confirming their pregnancy or childbirth.
• Loan Amount: Rs 25,000-Rs 3 lakh

• Permanent employees of State Government/Central Government/PSUs who have served the organization, including the previous organization, for at least 2 years, employees of all reputed schools, colleges, universities, companies, autonomous bodies, hospitals, nursing homes, etc. and drawing salary through PNB.
• For applicants using the check-off facility: At least 3 years of service, including the service with a previous employer.

• Self-employed Professionals including CA/CS, Data Analyst, Architect, Engineers, Software Developers, Engineers and Financial Consultants having a minimum gross annual income of Rs 6 lakh for the last 2 years are eligible for PNB Personal Loan for Self-employed.
• Minimum CIC Score (credit score) of 750 and above.
• Applicants should be maintaining their savings/current account with PNB for the last two years with minimum annual credit transactions of up to Rs 5 lakh in all savings/current accounts in PNB or other banks in the previous financial year.

• Professionally qualified serving/practicing doctors such as MBBS, BDS and above.
• The net annual income of the applicant should be at least Rs 5 lakh.
• Should be taxpayers for the last 2 years.
• The applicant should be staying at the current place of residence for a continuous 2 years (not applicable to the doctors employed in government sectors or institutions).

• Pensioners drawing pension through Punjab National Bank are eligible for availing Pension Loans from PNB.

• Government employees of the centre or state or defence or paramilitary forces or working in PSUs and private salaried employees maintaining a salary account with PNB.
• Pensioners maintaining pension account with PNB are also eligible.
• Existing car loan, personal loan and home loan borrowers can also apply for a personal loan.
• Existing customers who have fully repaid their personal loan within 5 years or home loan/car loan/education loan within 10 years are also eligible.

• The facility is paperless and is available 24*7.
• The repayment tenure of the loan is 6 years.
• The applicant has the option to adjust the EMI through a change in Tenure and Loan amount through the dynamic slider functionality in-built into the journey.

• PNB’s Official Website: Visit pnbindia.in, go to ‘Online Services’ > ‘Insta Loans’ to apply for pre-approved offers.
• PNB ONE Mobile App: Log in to the PNB ONE app, navigate to the ‘Pre-Approved Personal Loan’ section, and follow the steps to apply instantly.
• Internet Banking: Log in to netpnb.com and access your personal loan offer under the loans section, if eligible.

• Top Offers Under One Roof: With 30+ lenders including top banks, Fintechs and NBFCs as its partners, Paisabazaar lets you access the best available instant personal loan offers from multiple lenders on a single digital platform.
• Compare and Choose: Paisabazaar lets you compare personal loan interest rates and other key features such as key fees and charges and disbursal offered by different lenders and choose the most appropriate option for yourself.
• Unbiased Advice & Complete Guidance: Paisabazaar’s team of experts offers unbiased advice, complete guidance and assistance at each step to help you choose the most appropriate option for yourself. The customer-friendly team provides end-to-end assistance to offer you a hassle-free loan experience.
• Chances of Approval and Personalized Offers: With Paisabazaar you can access personal loan offers from multiple lenders listed as per your Chances of Approval based on your credit score and other eligibility factors. This feature lets you choose the loan offer that has the highest chance of approval.
• Preapproved Loan Offers: Once you have registered yourself with Paisabazaar, you can get access to different personalized preapproved loan offers from multiple lenders, provided you have a healthy credit history. These pre-approved personal loan offers generally offer lower interest rates, minimal or no documentation and processing fee, etc.
• Document Pickup: With Paisabazaar, customers have the option to get their documents picked from their doorstep without any extra charges in case physical documentation is required at any step.
• Digital Process: Paisabazaar is a digital platform that lets you carry out the entire loan process online.

• Check eligibility criteria before applying for PNB Personal Loan, such as being employed with a government or reputed organization and maintaining a salary account with PNB.
  
• A minimum credit score of 750 or above is usually required for approval. Make sure to periodically check your credit report and avoid delays in payments to improve your score.
  
• Submit all required documents, including identity proof, address proof and income proof to avoid delays or rejection.
  
• If you are a salaried applicant, ensure you meet the minimum 3 service period required by PNB, whether in your current job or with a previous employer.
  
• If you're a self-employed applicant, maintain regular transactions in your PNB or other bank accounts. For instance, PNB requires minimum annual credit transactions of Rs 5 lakh across all savings/current accounts in the previous financial year.