PNB Home Loan Interest Rate – Complete Guide & EMI Calculation

Key Insights 

1. PNB offers home loan interest rates starting at 7.90%. Government employees and women can get special discounts to save more. Your final rate could go up to 10.65%, based on your CIBIL score and loan amount..

2. PNB offers different home loans for buying a property, purchasing a plot, or renovating your home. Your interest rate depends on your credit score, loan amount, and personal details.

3. Be sure to include the 1% processing fee and any other charges. You can apply online or visit a PNB branch if you want help in person.
    

Are you looking for the best home loan rates? Start by checking the home loan rate of interest PNB, especially if you are a government employee, you have to check the PNB home loan interest rate for govt employees or a woman looking for better terms.

The rate of interest for home loan in PNB is the percentage charged on your loan amount, and it determines your monthly EMI. The PNB home loan interest rate for females is often lower, helping them save more.

Example:

I work for the government and recently checked the home loan interest rates at Punjab National Bank. For a ₹40,00,000 loan, I qualified for a special rate, so my EMI came to ₹33,500. This saved me more than ₹2,00,000 compared to the regular offer.

Types of Home Loans Offered by Punjab National Bank 

Whether you want to buy a plot, an apartment, or renovate your home, PNB has a home loan to help you achieve your property goals.

Below is a list of PNB home loan types and their interest rates to help you choose the best option for your needs:
 

Wahhhaa, types of loans pata lag gayi hain, aur features bhi acche hain! But interest rate ka kya, main toh wo hi hai na?

Here is the list of the interest rates of the PNB Home Loan:
 

If you are planning to buy a home or a plot, pick the PNB home loan that fits your needs. Your credit score can help you qualify for a better interest rate.

Bonus Tip: Do you know? Home loans up to ₹35,00,000 usually come with lower interest rates than larger loans. To reduce your loan amount, try to make a bigger down payment. Choosing a longer tenure, typically over 15 to 20 years, can also help lower your EMI.

PNB Home Loan Processing Fees & Charges

Find out the true cost of your loan. See how PNB home loan processing fees and charges can change your total payment.

Here is the list of the PNB Home Loan fees and charges:

 

Plan your budget carefully. By including these PNB home loan charges, you can avoid any unexpected costs in your final payment.

Bonus Tip: PNB Housing Finance Limited is registered with the Insurance Regulatory and Development Authority of India (IRDAI) as a Corporate Agent (Composite). Our registration number is CA0862, and it is valid until 20 July 2026.

How to Apply for a PNB Home Loan?

Are you ready to move into your new home? Learn how to apply for a PNB home loan and get your funds fast.

PNB Home Loan Online Process:

Here are the steps you can use to apply for a PNB home loan online in just a few minutes.

1. Start your application by clicking “Apply Online” on the PNB Housing Finance website.
2. Fill in your personal information, income details, and loan requirements in the online form.
3. You will receive a One-Time Password (OTP) on your registered mobile number to verify your details.
4. Upload scanned copies of all required KYC and income documents (see list below). You may also need to provide your ITR details using your e-filing credentials.
5. If you are a new customer, you may need to complete a video KYC using a webcam.
6. After you submit your application, a PNB housing loan specialist will contact you to help with verification, property evaluation, and final loan approval.

Get your home loan easily using the PNB website. The process is simple and fully digital.

PNB Home Loan Offline Process:

Visit your nearest PNB branch for personalised guidance tailored to your needs.

1. Visit your nearest PNB branch and talk to a loan officer or customer service representative. If you are not sure where to go, use the PNB Locator to help you choose a branch.
2. Ask the bank representative for a home loan application form. You can also download the form from the PNB website and fill it out before visiting the branch.
3. Fill out the form with correct information and attach your recent passport-size photos.
4. Collect all the required KYC, income, and property documents. The bank may also offer to pick up your documents from your home.
5. Submit the filled form, self-attested copies of all required documents, and a cheque for the processing fee.
6. The bank will check your documents and carry out legal and technical checks on the property.
7. Once approved, you will be asked to sign the final agreement, and then the loan amount will be given to you.

If you need help or have questions, you can visit a branch for in-person support and clear answers.

Conclusion

Start your property search by looking at the PNB home loan interest rates, including special rates for government employees and women. Next, review the processing fees and pick the application option that works best for you. This will help you move forward with confidence toward owning your dream home.

FAQs

What are your PNB home loan interest rates?  

PNB home loan interest rates usually start at about 7.90% for salaried applicants and 8.10% for self-employed individuals. The exact rate depends on your CIBIL score, loan amount, and tenure. Higher credit scores, such as 750 or above, often qualify for lower rates, while lower scores or certain loan types may see rates go above 10%. 

Which one do I have to choose, Piramal Housing Finance with 8.45% or PNB Housing with 8.85%?  

Piramal Housing Finance has a lower interest rate of 8.45% compared to PNB Housing’s 8.85%, so you would pay less in EMIs and total cost. However, check if these rates apply to you based on your job, credit score, and loan amount. You should also look at processing fees, other charges, and customer service before deciding. If your credit score is high, PNB might offer you a better rate.

Is PNB good for a home loan?  

Punjab National Bank (PNB) is a good choice for a home loan if you are looking for competitive interest rates, low processing fees, and access to government schemes.

How do I reduce my home loan interest rate in PNB Housing Finance Ltd.?  

If you want to lower your PNB Housing Finance home loan rate, you can use their Conversion Facility, switch to a lender with better rates, improve your CIBIL score, make prepayments, or try negotiating with your lender. Having a strong financial profile and a good payment history can help.

How long is the in-principle approval valid?

You have six months from the date of your in-principle approval to choose a flat or house.
 

Apply for Loans Fast and Hassle-Free

Apply Now

About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.