PNB Insta Loans

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Interest Rates of PNB Insta Loans

Loan Type	Interest Rate (p.a.)
PNB Insta Personal Loan	10.75% – 14.25%
PNB Insta Pension Loan	10.75% – 14.25%

Note: Rates as of 28 February 2025

Types of PNB Insta Loans

PNB Insta Personal Loan for Existing Salaried Customers

Purpose: This pre-approved personal loan scheme is offered to employees of Central Government, State Government, PSUs, defence and paramilitary forces maintaining their salary accounts with PNB.

Loan Details:

• Interest Rate: 10.75% p.a. onwards
• Age: Applicant should be less than 60 years
• Loan Amount: Rs. 25,000 – Rs. 20 lakh
• Processing Fees: 0.50% of loan amount inclusive of all the charges with Min. Amt of Rs.500 plus GST inclusive of all charges & stamp duty
• Maximum Loan Amount- Rs 8 lakh for states where e-documentation is currently active and Rs 5 lakh for other states
• Repayment tenure: Up to 6 years

PNB Insta Personal Loan for Existing Home Loan, Car Loan & Personal Loan Borrowers of PNB

• Interest Rate: 10.75% p.a. onwards
• Loan Amount: Rs 25,000 to Rs. 8 lakh
• Age Criteria: Applicant should be less than 60 years
• Repayment Tenure: Up to 6 years or age up to 65 years
• Offered only to existing PNB borrowers having satisfactory repayment history in the last 3 years

Pre-approved Personal Loan offered to other Existing PNB Customers

• Interest Rate: 10.75% p.a. onwards
• Loan Amount: Rs 25,000 to Rs. 4 lakh
• Minimum age of the applicant should be less than 60 years
• Repayment Tenure offered is up to 6 years or age up to 65 years
• Offered to existing customers on the basis of their bank account’s Quarter Average Balance (QAB) and Transactional Relationship Value (TRV)

PNB Insta Pension Loan

Purpose: Punjab National Bank offers PNB Insta Pension Loans to retired individuals drawing their pension through PNB

Loan Details:

• Interest Rate: 10.75% p.a.
• Age: Up to 69 years
• Loan Amount: Rs. 25000 – Rs. 8 lakh
• Processing Fees: 0.50% of loan amount inclusive of all the charges with Min. Amt of Rs.500/+GST inclusive of all charges & stamp duty
• Repayment Tenure: Up to 6 years or age up to 70 years, whichever is earlier

PNB Insta E-Mudra Loan

Purpose: Existing customers of PNB and entrepreneurs can avail PNB Insta E-Mudra Loan with instant loan sanction and disbursal to meet their business requirements.

Collateral-free loan under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) coverage.

Eligibility Criteria:

• Age: Minimum 18 years and maximum 60 years at the time of loan maturity
• Applicant should be an entrepreneur or business owner
• Udyam Registration Number is mandatory
• Applicant should have his/her active Saving/Current account with PNB since past 1 year with satisfactory operations
• Aadhaar should be linked in the bank account and with mobile number

Processing Charges of PNB Insta Loans

Loan Type	Processing Charges
PNB Insta Personal Loan	0.50% of loan amount (Minimum Rs 500) + GST
PNB Insta Pension Loan	0.50% of loan amount (Minimum Rs 500) + GST
PNB Insta E-Mudra Loans	For Consumer- Rs 50 per CIC For Priority Sector Loan up to Rs 25,000- NIL

Eligibility Criteria for availing PNB Insta Loans

For PNB Insta Personal Loan

• Job Profile: Employees of Central Government, State Government, PSUs, Defence and Paramilitary forces having salary account with PNB
• Applicant should be less than 60 years old

For PNB Insta Pension Loan

• Applicant should be below 70 years of age
• All types of pensioners maintaining their pension accounts with Punjab National Bank can avail PNB Insta Pension Loans

For PNB Insta E-Mudra Loan

• Age: Minimum 18 years at the time of loan application and maximum 60 years at the time of loan maturity
• Applicant should be a businessman
• Applicant having active savings/current account with PNB for the past 12 months with satisfactory account operations can avail PNB Insta E-Mudra Loan

Documents Required for Loan Application

Pre-approved Insta Loans from PNB require minimal online documentation through National E-Governance Services Limited (NeSL) for loan approval and disbursement. Below mentioned are the documents required by PNB for availing Insta Loans:

For PNB Insta Personal Loan/Insta Pension Loan

• E-sign and E-stamping using NeSL (Aadhar OTP based)

For PNB Insta E-Mudra Loan

• Udyam Registration Number (mandatory)

Note: Aadhar should be linked with the registered mobile number

Customer Care Numbers:

Toll Free: 1800-180-2222 / 1800-103-2222

Tolled No: 0120-2490000