PNB Personal Loan

With affordable interest rates, PNB offers personal loans. Additionally, PNB provides paperless digital loan processing along with online, quick personal loan. PNB with interest rates starting at 10.40% - 16.95% onwards. A maximum loan from upto 20 lacs with a maximum 1 to 6 year repayment period is available to you.

Interest Rate 10.40% - 16.95% onwards
Maximum Loan upto 20 lacs
Processing Fees 1 %
Maximum Loan Tenure 1 to 6 year

Loan Disbursal in 3 hrs*
100% Online Process

A Four-Step Guide to Efficient Financing

Complete Your Basic Details
Check Your Soft Eligibilty
Complete Your Details
Get Disbursal in account

PNB Personal Loan EMI Calculator



% Interest



Total Payable

Documents Required for PNB Personal Loan 

The following documentation is needed for getting the PNB insta loan : 

  • PAN Card Copies Are Required.

  • Passport, copy of a driver's licence, voter ID card, or Aadhaar are acceptable forms of identification.

  • Passport, driver's licence, voter ID card, Aadhaar, most recent utility bill, LPG book, etc. are all acceptable forms of address proof.

  • Evidence of End Use (in accordance with Bank of Baroda's reservations).

  • Affirmed Bank Statement for the Most Recent Three Months (Last Six Months' Passbook)

  • Last two pay stubs and the most recent Form 16 salary certificate

The PNB instant loan amount is Rs. 20 lakh, with interest rates starting at 10.40% p.a. for terms up to 7 years. Additionally, it provides seniors with personal loans for up to 5 years at a rate of 11.75% p.a. The bank offers its salaried applicants a personal loan overdraft facility, which must be adjusted within the remaining service tenure or in a maximum duration of 6 years by reducing Drawing Power (DP) corresponding to the monthly installment amount at the beginning of each month.

Feature and Benefits of PNB Personal  Loan

You can better grasp the characteristics of PNB personal loan apply  by keeping in mind the following key points:

  • To submit an application for a personal loan, the applicant may do so at any PNB bank location. He or she can get in touch with the bank by phone banking to ask about a personal loan. A representative from the bank will then be dispatched to the inquirer's residence to provide further information and finish the necessary paperwork.

  • Both salaried and self-employed people can get a personal loan from the bank. The eligibility requirements are straightforward and equitable for everyone.

  • PNB personal loan interest rates are very reasonable, with a maximum 5-year term.

    Process of  applying PNB Personal Loan 

    The steps listed below should be followed if you're intending for PNB personal loan apply online: 

    • Visit the official website .

    • Firstly , login with your name and number .

    • Then fulfill your employment type.

    • Verify OTP.

    • Upload all the documents and submit .

    • Last , you will get a call from the Fincrif team and help you to proceed next.

    Frequently Asked Questions ( FAQ ) 

    1. I took out a personal loan from Punjab National Bank; may I pay it off early?

    ANS.  You can prepay the personal loan you received from Punjab National Bank in accordance with the terms without paying any fees. In addition, the bank permits partial prepayment.

    1. When requesting a Punjab National Bank personal loan, are any security measures, assets, or guarantors required?

    ANS.  When submitting an application for a PNB Personal Loan, no collateral security is required. The bank, however, requires the applicants to present a third party guarantee.

    1. Which variables affect personal loan applicants' maximum borrowing amounts?

    ANS.  A borrower's ability to repay the loan depends on their ability to make payments.

Eligibility Criteria for PNB Personal Loan 

The general public who are salaried and self-employed can apply for PNB instant personal loan  : 

  • In non-metro cities, the minimum monthly income is between Rs. 10,000 and Rs. 12,500.

  • In major cities, a monthly minimum income of Rs 15,000.

  • High credit score and reliable repayment capacity.

  • Age of 21 is the minimum.

  • 60 is the maximum age.

  • 2 years of paid work experience is the absolute minimum, while 5 years of self-employment is the absolute minimum.

Fees and Charges of PNB Personal Loan 

Interest Rate11.50% to 12.05%
Loan Tenure12 months to 60 months
Loan AmountRs. 50,000 to Rs. 15 Lakhs
Processing Fee1.8% of the loan amount + taxes
Part Prepayment ChargesNo charges
Preclosure ChargesNo charges

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