PNB Personal Loan: Interest Rates, Eligibility, How to Apply

PNB Se Personal Loan Kaise Le: Personal loan up to Rs 10 lakh can be obtained from PNB Bank. It does not require any guarantor nor does it have any processing fee. Loans can be taken for any purpose like medical treatment, home repairs, short-term money requirements.

Benefits of PNB Bank Personal Loan

  • low interest rate
  • No hidden charges of any kind
  • no processing fee
  • no guarantor needed
  • less paperwork
  • longer repayment period
  • Minimum income requirement
  • Attractive offers to pensioners

Documents Required for PNB Bank Personal Loan

The following important documents are required while applying for a personal loan from PNB:

  • Well filled application form
  • 3 passport size photographs
  • Identity Proof (Photocopies of Voter ID Card / Passport / Driving License / PAN Card)
  • Address Proof (Photocopy of recent telephone bill/electricity bill/passport)
  • Bank account/passbook details for the last six months
  • Form 16/IT Return for the last two financial years for salaried employees
  • IT returns for three years for self-employed professionals

To meet the various needs of the people by PNB, personal loan is the best option. You can choose the best personal loan based on your requirement.

eligibility criteria Salaried / Self Employed pensioners
Applicant’s age Between 21 to 60 years All pensioners through PNB
loan repayment period up to 60 months up to 60 months
loan amount up to 15 lakhs up to 15 lakhs
Rate of interest MCLR + 3.55% to MCLR + 6.55% MCLR up to +2.80%

PNB Personal Loan Schemes for Common People

With an aim to make personal loans available to the masses, PNB offers a wide range of plans, attractive interest rates and features.

Features of PNB Personal Loan for Public

  • Purpose: PNB personal loan can be availed for meeting self or any family member’s needs like medical treatment, marriage, travel expenses, education and home repairs.
  • No guarantor required: Since it is an unsecured loan, you do not need to pledge any property or property to avail a PNB personal loan.
  • Income: Personal loan up to 20 times the earning is given to the people under the following categories. Those living in metro cities should have an income of Rs 15,000, those living in urban centers 12,500 and those living in rural centers should have an income of Rs 10,000.
  • The loan amount is higher for employees drawing salary through PNB. The loan amount is 10,00,000 or 20 times the salary under the following categories: Rs 50,000 for metro city dwellers, Rs 40,000 for urban center residents and Rs 30,000 for rural centres.
  • The salary limit for teachers and defense personnel at all centers is Rs 7,500.
  • Loan Repayment Tenure: Up to 5 years or till the remaining period of your employment
  • Prepayment Charges: There is no prepayment fee on PNB Personal Loan.

Punjab National Bank Personal Loan Verification Process

  • After your PNB online loan application is forwarded to the bank, a representative of the bank will call you to schedule a meeting to collect the documents.
  • Once your documents are submitted to the bank by the representative, they will be verified by the bank.
  • After satisfactory verification, you will receive another call from the bank confirming your loan amount, interest rate and repayment tenure.
  • If you agree to all the terms and conditions of PNB’s personal loan offer, the loan amount will be disbursed to your account.

How to Check PNB Personal Loan Application Status?

Punjab National Bank (PNB) allows you to check your PNB personal loan status online by following the steps mentioned below:

  • Visit the official website of Punjab National Bank.
  • Click on the ‘Online Services’ tab.
  • Click on ‘Loan’ mentioned under ‘Online Services’ tab.
  • Click on the tab ‘Click here to check your application status’.
  • Enter the required details to check the status of your PNB online loan application.

PNB Personal Loan Customer Care

You can dial the following numbers to connect with Punjab National Bank Contact Centers for any query related to PNB loan:

Toll-Free Number: 1800 180 2222 or 1800 103 2222
Landline Number: 011-28044907
Customer Care Email ID is:
You can also fill the online complaint form by visiting the official website of PNB.

Features of PNB Bank Personal Loan

Some of the attractive features of PNB Personal Loan are:-

  • Loan amount up to Rs 15 lakh can be taken.
  • PNB personal loan interest rates start from 8.45% p.a.
  • The lowest possible EMI will be Rs 1,581 per lakh.

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