A PNB Housing Finance Loan is a comprehensive financial solution designed to help individuals buy, construct, renovate, or expand residential and commercial properties. Offered by PNB Housing Finance, these loans come with competitive interest rates starting from 7.50%* p.a., flexible repayment tenure up to 30 years, and financing up to 90% of property value. The lender caters to salaried individuals, self-employed professionals, and NRIs, ensuring wide accessibility. With features such as minimal documentation, digital application process, and doorstep services, PNB Housing Finance provides a convenient and structured approach to achieving homeownership and property-based financial goals.
PNB Housing Loan Highlights
PNB Housing Finance offers structured loan solutions with flexible terms and customer-friendly features.
| Feature | Details |
| Starting Interest Rate | 7.50%* p.a. |
| Maximum Loan Tenure | Up to 30 years |
| Loan-to-Value (LTV) | Up to 90% of the property value |
| Minimum CIBIL Score | 611 |
| Minimum Income | ₹15,000 per month |
| Processing Fee | 0.25% – 1.00% of the loan amount |
PNB Housing Loan Interest Rates
PNB Housing Finance provides tiered interest rates depending on the loan type and loan amount.
| Loan Scheme | Loan Amount Tier | Interest Rate (p.a.) |
| Home Loan | Up to ₹50 lakh | 7.75%* onwards |
| ₹50 lakh – ₹1 crore | 7.60%* onwards | |
| Above ₹1 crore | 7.50%* onwards | |
| Plot Loan | Up to ₹50 lakh | 8.75%* onwards |
| ₹50 lakh – ₹1 crore | 8.60%* onwards | |
| Above ₹1 crore | 8.50%* onwards | |
| NRI Home Loan | Up to ₹50 lakh | 7.75%* onwards |
| ₹50 lakh – ₹1 crore | 7.60%* onwards | |
| Above ₹1 crore | 7.50%* onwards | |
| Home Improvement Loan | All slabs | 7.50%* onwards |
| Loan Against Property | All slabs | 8.75%* onwards |
| Commercial Property Loan | All slabs | 8.75%* onwards |
Note: The mentioned interest rates are Floating Rates
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| Factors Influencing PNB Housing Loan Interest Rates
The final interest rate depends on multiple borrower-specific and market-related factors.
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Also Read: Impact of Repo Rate Cut on Home Loan
PNB Housing Loan Processing Fee & Charges
PNB Housing Finance maintains a transparent fee structure for borrowers.
| Type of Charge | Applicable Fees |
| Processing Fee | 0.25% – 1.00% of the loan amount |
| Prepayment / Foreclosure | Nil for floating-rate loans (individual borrowers) |
| Technical & Legal Charges | As per actuals |
Compare PNB Housing Loan Interest Rates with Top Home Loans
Below is a comparison of PNB Housing Loan interest rates with other leading banks and housing finance companies in India.
| Bank / NBFC Home Loan | Interest Rate (p.a.) |
| PNB Housing Finance Loan | 7.50%* p.a. onwards |
| Bajaj Housing Finance Home Loan | 7.15%* p.a. onwards |
| LIC Housing Finance Home Loan | 7.15%* p.a. onwards |
| SBI Home Loan | 7.50%* p.a. onwards |
| Tata Capital Housing Finance | 7.50%* p.a. onwards |
| Bank of Baroda Home Loan | 7.45%* p.a. onwards |
| Union Bank of India Home Loan | 7.45%* p.a. onwards |
| ICICI Bank Home Loan | 7.65%* p.a. onwards |
| Kotak Mahindra Bank Home Loan | 7.70%* p.a. onwards |
| HDFC Home Loan | 7.90%* p.a. onwards |
| Standard Chartered Home Loan | 7.99%* p.a. onwards |
| Axis Bank Home Loan | 8.35%* p.a. onwards |
| IIFL Home Loan | 8.75%* p.a. onwards |
| Federal Bank Home Loan | 8.75%* p.a. onwards |
| IDFC FIRST Bank Home Loan | 8.85%* p.a. onwards |
Note: Interest rates are indicative and subject to change based on borrower profile, lender policy, and market conditions.
Also Read: All Bank Home Loan Interest Rates
PNB Housing Loan Eligibility
PNB Housing Finance has flexible eligibility criteria to accommodate a wide range of borrowers.
- Age: Minimum 21 years; maximum 70 years at loan maturity
- Minimum Income: ₹15,000 per month
- Work Experience:
- Salaried: Minimum 3 years
- Self-employed: 3–5 years of business continuity
- Credit Score: Minimum 611 CIBIL score
- Eligible Applicants: Indian residents, NRIs, and PIOs
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Documents Required for PNB Housing Loan
Applicants need to submit essential documents for identity, income, and property verification.
- Identity & Address Proof: Aadhaar, PAN, passport, voter ID, etc.
- Income Proof (Salaried): Last 3 months’ salary slips, Form 16, bank statements
- Income Proof (Self-employed): ITR for last 3 years, financial statements
- Bank Statements: Last 6–12 months
- Property Documents: Title deed, approved plan, cost estimates
Types of PNB Housing Loan
PNB Housing Finance offers extensive loan products to meet various housing, commercial, and personal financial requirements.
Overview of PNB Housing Loan Types
| Loan Type | Primary Purpose |
| Home Purchase Loan | Financing for buying ready-to-move-in or under-construction properties. |
| Plot Loan | Funding for the purchase of a residential plot. |
| Home Construction Loan | Financing the construction of a house on owned land. |
| Home Extension Loan | Adding space, rooms, or floors to an existing home. |
| Home Improvement Loan | Revamping, repairing, or renovating an existing house. |
| NRI Home Loan | Property purchase or construction in India for NRIs/PIOs. |
| Commercial Property Loan | Buying or constructing office spaces, shops, or warehouses. |
| Loan Against Property | Raising funds for any legal purpose by pledging property. |
1. Home Purchase Loan
Purpose: This loan is intended for individuals looking to buy a new flat or house from builders or in resale.
Key Features:
- High Financing: Customers can get funding up to 90% of the property value (depending on the loan amount).
- Extended Tenure: Offers a long repayment period of up to 30 years (not exceeding age 70).
- Attractive Rates: Interest rates for this segment start as low as 7.50%* p.a.
2. Plot Loan
Purpose: Designed specifically to finance the purchase of a residential plot from development authorities or real estate housing projects where the borrower intends to build a home later.
Key Features:
- Finance Range: Provides funding in the range of 70-75% of the plot’s market value.
- Tenure: Offers a flexible repayment period of up to 30 years.
- Starting Rate: Interest rates for residential plots start from 8.50%* p.a. for amounts above 1 Crore.
3. Home Construction Loan
Purpose: Provides necessary funds to owners of residential land to construct a house on that site.
Key Features:
- Staged Disbursement: The loan is disbursed in stages based on construction progress, such as plinth level and roof level.
- Pre-EMI Option: Borrowers pay only the interest (Pre-EMI) on the disbursed amount during the construction phase.
- Long Tenure: Repayment can be spread over a flexible tenure of 30 years.
4. Home Extension Loan
Purpose: Helps existing homeowners add space, such as extra bedrooms, a guest room, or a reading room, to accommodate a growing family.
Key Features:
- High Coverage: Funding is typically available for up to 80-90% of the estimated extension cost.
- Tax Benefits: Interest is deductible under Section 24(b) up to ₹2 lakh, and principal qualifies for Section 80C deductions.
5. Home Improvement Loan
Purpose: Aimed at revamping internal or external aspects of a house, including painting, tiling, plumbing, and false ceiling work.
Key Features:
- Competitive Rates: Starting interest rates are as low as 7.50%*p.a.
- Inclusivity: Available to all customers, including new and existing homeowners, as well as self-employed professionals.
6. NRI Home Loan
Purpose: Specialized products for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) to purchase, build, or renovate residential property in India.
Key Features:
- Income Consideration: Foreign income is considered for loan eligibility, with loans disbursed in INR.
- FEMA Compliance: The entire process adheres to the Foreign Exchange Management Act (FEMA) and RBI guidelines.
7. Commercial Property Loan
Purpose: Funding for the purchase or construction of non-residential, income-generating properties like office spaces or shops.
Key Features:
- LTV Ratio: The maximum loan amount is 70% of the purchase price of the property.
- Tenure: Repayment is made over a maximum period of 15 to 20 years.
- Starting Rate: Interest rates for non-residential property start from 8.75%* p.a.
8. Loan Against Property (LAP)
Purpose: A secured loan that allows owners to pledge their existing residential or commercial property as collateral to raise funds for business expansion, education, or weddings.
Key Features:
- High Loan Amount: Borrowers can get up to 70% of the market value of the property.
- Usage Flexibility: Unlike home loans, there are generally no restrictions on the end-use of the funds, provided they are for legal purposes.
- Starting Rate: Interest rates for LAP start from 8.75%* p.a. for specific credit scores.
PNB Housing Loan EMI Calculator
Your Amortization Schedule (Yearly/Monthly)
The Home Loan EMI Calculator is a digital tool that helps you estimate monthly repayments and plan your budget.
- Navigate to the Calculators section on the official PNB Housing website.
- Enter the desired Loan Amount you wish to borrow.
- Input the applicable Rate of Interest.
- Select the Loan Tenure in years (up to 30 years).
- Instantly view your Monthly EMI, total interest payable, and total amount to be repaid.
Also Check: Home Loan EMI Calculator
Apply for PNB Housing Loan
Applying for a loan is a streamlined four-step online process.
- Initiate Application: Click the “Apply for Loan” button on the website.
- Submit Details: Enter your basic personal information, contact details, and specific loan requirements.
- OTP Verification: A one-time password (OTP) will be sent to your mobile number to verify your details.
- Expert Guidance: A PNB Housing home loan specialist will reach out to you to guide you through the remaining steps.
Track PNB Housing Loan Application Status
Applicants can easily monitor the real-time progress of their loan request online.
- Visit the PNB Housing website and locate the “Loan application tracker” link.
- Enter your Application Reference Number provided during the application process.
- Provide other required credentials, like your mobile number or date of birth, to see your status
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PNB Housing Loan Customer Care
PNB Housing Finance provides multiple support channels for customer assistance.
| Channel | Contact Details |
| Toll-Free Number | 1800-120-8800 |
| SMS | Send PNBHFL to 56161 |
| Email (NRI Support) | nricare@pnbhousing.com |
| Available via the official website |
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