Punjab National Bank offers personal loans for different financial needs such as medical emergencies, weddings, higher education, travel, and other personal expenses. PNB has separate loan schemes for government employees, private-sector employees, doctors, pensioners, and other eligible borrowers.
Depending on the scheme and applicant profile, the loan amount can range from Rs. 25,000 to Rs. 20 Lakh, with repayment tenure of up to 72 months. You can also apply through digital channels such as internet banking and the PNB One mobile app.
PNB Personal Loan Details
Here is a quick overview of the main features, loan limits, charges, and repayment terms of a PNB Personal Loan:
| Parameter | Details |
| Minimum Loan Amount | Rs. 25,000 |
| Maximum Loan Amount | Up to Rs. 20 Lakh (Salaried & Govt employees), Rs. 8 Lakh (Pensioners & existing borrowers), Rs. 6 Lakh (Fully repaid borrowers), or Rs. 4 Lakh (QAB/TRV basis) |
| Repayment Tenure | Up to 72 months (Subject to maximum age criteria of 60 to 70 years depending on category) |
| Upfront / Processing Fee | 0.50% of the loan amount (Minimum Rs. 500 + GST), inclusive of documentation, stamp duty, and CIC charges |
| Target Eligibility | Govt/PSU employees, private salaried workers, pensioners, existing borrowers, and account holders |
| Application Channels | PNB One Mobile App, Internet Banking (netpnb.com), or PNB Corporate Website |
PNB Personal Loan Interest Rates & Charges
Your interest rate may depend on factors such as your credit score, credit history, income, and loan profile. Borrowers with a strong credit profile may qualify for lower personal loan interest rates.
Here are the benchmark rates and processing charges related to PNB Personal Loans:
| Rate Benchmark / Charge | Applicable Rate / Detail |
| Repo Linked Lending Rate (RLLR) | 8.10% per annum |
| MCLR (1-Year Benchmark) | 8.80% per annum |
| Base Rate | 9.50% per annum |
| Upfront Processing Fee | 0.50% of loan amount (Min. Rs. 500 + GST) inclusive of all charges |
Note: The current rates may vary marginally and are inclusive of prepayment charges of 3% and penal interest of 2% p.m. for PNB XPRESS Credit & PNB Quick Personal Loan.
Types of PNB Personal Loan Schemes
PNB offers different personal loan schemes based on the borrower’s profession, income, and banking relationship.
PNB Personal Loan Scheme for Public
- Available for existing PNB customers with a salary account.
- Loan amount of up to Rs. 20 Lakhs.
- Low processing fees.
- Interest rates start from 11.40% p.a. onwards.
- Repayment tenure of up to 6 years.
- No prepayment charges.
PNB Personal Loan Scheme for Doctors
- Available for professionally qualified practicing doctors.
- Quick disbursal with minimal documentation.
- Interest rates start from 10.40% p.a. onwards p.a.
- Loan amount of up to Rs. 20 Lakhs.
PNB Personal Loan Scheme for Pensioners
- Available for pensioners receiving their pension through PNB accounts.
- Minimum loan amount of Rs. 25,000.
- Interest rates start from 11.75% p.a.
- Repayment period is up to 60 months or age 78 years, whichever is earlier.
PNB Personal Loan EMI Calculator
Before applying for a PNB Personal Loan, you can use an EMI calculator to estimate how much you may need to repay every month.
Follow these steps to calculate your PNB Personal Loan EMI:
- Visit the official PNB website or log in to the PNB One app and go to the loan calculator section.
- Select or enter the loan amount you need, up to your eligible limit of Rs. 20 Lakh.
- Select a repayment period of up to 72 months.
- Add the applicable PNB interest rate for your loan category.
- View your monthly EMI, total interest amount, and complete repayment details.
PNB Personal Loan Vs Other Banks
The table below compares PNB Personal Loan interest rates and processing fees with other lenders:
| Loan Lenders | Interest Rates | Processing Fees |
| PNB | 8.10% onwards | Up to 0.5% |
| HDFC | 9.99% onwards | Up to ₹6,500 |
| ICICI | 9.99% onwards | Up to 2.5% |
| Axis | 9.99% onwards | Up to 2% |
| IndusInd | 10.49% onwards | Up to 3.5% |
| Yes Bank | 10.85% onwards | Up to 2.5% |
| Shriram City | 11% onwards | Up to 5% |
PNB Personal Loan Eligibility
PNB Personal Loan eligibility depends on factors such as your income, monthly expenses, employment, existing loans, EMIs, and credit card dues. These factors help the bank understand your repayment capacity and the loan amount you may qualify for.
Here are the general eligibility requirements:
| Factors | General Eligibility Criteria |
| Age | From 21 yrs to 58 yrs |
| Annual Income | Minimum of ₹5,00,000 |
| Work Experience | Should have completed a Minimum of 2 years at current organization |
Scheme-Wise PNB Personal Loan Eligibility
Eligibility rules can differ depending on the personal loan scheme you choose.
PNB Personal Loan Scheme for Public
- Employees of central and state governments, central and state PSUs, educational institutions with a national reputation, or quasi-government organisations can apply.
- The applicant must receive salary through a PNB account.
- Self-employed individuals should have a minimum gross annual income of Rs. 6 lakh for the last 2 years.
- They should have a CIBIL score of 750 and above.
PNB Doctor’s Delight – Personal Loan Scheme for Doctors
- Applicants should be professionally qualified doctors.
- Minimum net annual income should be Rs. 5 lakh or higher.
- The applicant should have stayed at the current residence continuously for at least 2 years.
Personal Loan Scheme for Pensioners
- Applicants should be pensioners receiving their pension through a Punjab National Bank branch.
PNB Personal Loan Documents Required
You need to submit certain documents to complete the KYC and loan verification process.
| Document Type | Documents Required |
| Identity Proof | PAN Card, Voter ID, Driving License, Passport |
| Income Proof | Latest salary slip, Form 16, ITR returns for the last 3 years |
| Address Proof | Landline Bill, Electricity Bill, Ration Card, Voter ID, Passport |
| Other Documents | Duly signed loan application form, Photograph, Processing Fee cheque |
Features of PNB Personal Loan
Here are some of the main features of a PNB Personal Loan:
- 100% Digital & Paperless Journey: Complete the entire loan process online without visiting a bank branch.
- 24/7 Instant Access: Apply anytime through internet banking, PNB One mobile app, or the bank website.
- High Borrowing Limit: Secure funds ranging from Rs. 25,000 up to Rs. 20 Lakh based on your employment and relationship profile.
- Flexible Tenure: Repay conveniently over tenures extending up to 72 months with dynamic slider adjustments.
- Specialized Loan Schemes: Tailored options available for government employees, pensioners, doctors (“PNB Doctor’s Delight”), working women (“PNB Matritva”), and LIC employees.
- Transparent Pricing: Consolidated 0.50% upfront charge (Min. Rs. 500 + GST) covering processing, documentation, stamp duty, and credit report fees.
How to Apply for PNB Personal Loan with Buddy Loan
Follow these steps to apply for a PNB Personal Loan through Buddy Loan:
- Step 1: Visit buddyloan.com or download and install the Buddy Loan app on Android or iOS.
- Step 2: Open the Personal Loan Application Page. Enter your mobile number and verify it using the OTP received.
- Step 3: Enter the loan amount you need and your personal email address. Then choose the Personal Loan option.
- Step 4: Select your employment type — Salaried, Self-Employed, or Student — and choose your salary mode as bank or cash.
- Step 5: Enter your work details, including company name, years of service, and designation.
- Step 6: Enter your personal details, including full name, PAN, address, date of birth, and gender.
- Step 7: Enter your communication address and income details, and click the Submit button.
PNB Personal Loan Customer Care Number
You can contact Punjab National Bank for questions about your personal loan, application status, or other support.
| Contact Channel | Helpline Number / Detail |
| Dedicated Loan Helpline (Toll-Free) | 1800 180 8888 |
| Retail Products Toll-Free Helpline | 1800 180 5555 / 1800 1800 / 1800 2021 |
| SMS Support | Send PNB PROD to 5607040 |
| WhatsApp Banking | Send Hi to 9264092640 |
| International Customer Helpline | +91 120 2490000 |
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