Let’s take a brief overview of PNB Housing Finance Home Loan:

Loan Amount	Up to 90 % of the property cost
Rate of interest	8.50% - 10.75% onwards
Tenure	Up to 30 Years
Lowest EMI possible	Rs. 787 Per Lakh
Processing fee	Up to 0.50% of the loan amount
Prepayment/ Foreclosure Charges	Nil for floating home loan

The Key features of PNB Housing Finance are:

• PNB Housing Loan interest rates start from 8.50% - 10.75% per annum.
• Loan amount: Up to 90% of property value.
• Repayment tenure: Up to 30 years
• PNB Home Loan Processing Fees is nominal. It can go up to 0.50% of the loan amount. Minimum processing fees is Rs 10000.
• Lowest EMI possible: Rs.787 per Lakh
• Floating interest rates, linked to PNBHFR benchmark.
• Customised PNB Housing Home Loans for renovation, Home loan for Construction, extension, and purchase of home.

PNB Housing Finance Home loans are available at floating rates and vary as per the borrower's credit score. The PNB Housing Home Loan Interest Rates are linked to its benchmark rate PNBHFR.

 With effect from 10th Apr 2023, the rate of interest for PNB Housing are as below:

For Home Loans up to Rs 35 lakhs

Credit Score	Salaried  or Self-employed professional (SEP)	Self-employed non-professional (SENP)
800 or above	8.75% to 9.25%	8.80% to 9.30%
775 - 799	9.10% - 9.60%	9.55% - 10.05%
750 - 775	9.25% - 9.75%	9.70% - 10.20%
725 - 750	9.55% - 10.05%	10.15% - 10.65%
700 - 725	9.85% - 10.35%	10.45% - 10.95%
650 - 700	10.25% - 10.75%	10.65% - 11.15%
Up to 650	10.25% - 10.75%	10.65% - 11.15%
Low credit or no history	10.15% - 10.65%	10.55% - 11.05%

For home loans greater than Rs 35 Lakh

Credit Score	Salaried  or Self-employed professional (SEP)	Self-employed non-professional (SENP)
800 or above	8.75% to 9.25%	8.80% to 9.30%
775 to 799	9.20% - 9.70%	9.70% - 10.20%
750 to 775	9.35% - 9.85%	10.05% - 10.55%
725 to 770	9.70% - 10.20%	10.20% - 10.70%
700 to 725	10.05% - 10.55%	10.65% - 11.15%
650 to 700	10.45% - 10.95%	10.85% - 11.35%
up to 650	10.45% - 10.95%	10.85% - 11.35%
less than zero	10.35% - 10.85%	10.75% - 11.25%

Grid rates for different Types of PNB Housing Finance Home Loans

Unnati Home Loan	11.75% - 13.00%
Home Loans under special programs	Banking + 0.25% to applicable rate        LIP + 0.50% to applicable rate        Rental Income Program + 0.50 to applicable rate %
Plot purchase (not Purchase + Construction)	+ 1% to HL Grid rate
Home Improvement Loan	up to 25% of the sanction amount will be priced at “Home Loan” card rates Loans up to Rs 25 Lakh will be at regular HL rate Home Extension (HEL) at regular rate
Top-up Loans	As per Non Home Loan i.e LAP

Lender	Maximum Loan Amount	Interest Rate	Processing Fee
PNB Housing Finance	Up to 90% of the property	8.50% - 10.75%	Up to 0.50% (Minimum Rs. 10,000)
HDFC Home Loan	Up to 90% of property cost	8.50% - 9.15%	Up to 0.50% or Rs. 3,000 (whichever is higher) + applicable taxes
ICICI Home Loan	Up to 90% of the property	9.00% - 10.05%	0.50% - 2% or Rs. 1,500 (Rs. 2,000 for Mumbai, Delhi & Bangalore), whichever is higher + GST
SBI Home Loan	Up to 90% of property cost	8.40% - 10.05%	Up to 0.35% + applicable GST

PNB Housing Finance offers the following types of Home Loans to customers:

PNB HFL Home Purchase Loan: 

• PNB Housing Home Loan for purchase, construction and extension of residential units.
• Apply online or offline as per your choice
• doorstep services for quick processing
• Great post disbursement services
• Home Loan Top up available
• Multiple repayment options
• Insurance option available too.

PNB HFL Home construction loan: 

• PNB Loan for self-construction of a residential unit.
• Best option for customers looking out for financing for Home Construction Loan on pre-owned land.
• All regular benefits of PNB HFL Home Loan available.

PNB HFL Home extension loan: 

• PNB Loan for adding more space to an existing house.
• Apply if you need to build an extra room or floor for your home.
• Tailored loan option as per the financing requirement.

PNB HFL Home improvement loan: 

• Apply for a customised home improvement loan to upgrade your home.
• You can apply for complete renovation or repair as well as modification work.
• Apply for a PNB home improvement loan for:
  • External and/ or internal repairs
  • Renovations & Paint work
  • Water-proofing & roofing
  • Tiling and flooring
  • Plumbing & electrical work
  • False ceiling & woodwork & more

PNB HFL Residential Plot Loan: 

• PNB Home Loan for the construction or purchase of residential plot.
• The plot should be located in an urban area.

PNB HFL Home Loan for NRIs: 

• Customised PNB home loan for NRIs (Non-Resident Indians) & PIOs (Person of Indian Origin).
• Financing available for purchase, construction, extension etc.
• Excellent customer support & services for overseas customers.

PNB Unnati Home Loans: 

Floating Scheme	UNNATI Home Loans
Loan Amount>>	Salaried/	Self-employed
Any Cibil Score/ Any Loan Amount	11.75%	13.00%

• PNB Unnati home loan is an affordable PNB housing loan scheme for first time home owners.
• LTV is up to 90% of the market value of the property.
• Affordable EMI plans
• PNB Home Loan Maximum loan amount of Rs 35 lakh.
• Doorstep services for easing borrowing journey.
• Pan India branch network
• Any salaried, self-employed professional/ non-professional, individual with a Professional Degree/ Diploma/ Post Graduate Degree/ ITI and a minimum salary of Rs 10,000 per month can apply.
• The maximum age capping for a salaried borrower is placed at 70 years, and for a self-employed individual, it is 65 years.

PNB Pradhan Mantri Awas Yojana: 

Pradhan Mantri AwasYojana (PMAY) is a credit-linked subsidy scheme for EWS (Economical Weaker Section), LIG (Lower Income Group), MIG (Middle Income Group). This scheme was announced by our honourable Prime Minister Sh. Narendra Modi. This scheme is meant for first time home buyers and comes with an interest subsidy of up to Rs 2.67 Lakh.

You can use TheMoneyTrunk Home Loan EMI Calculator for assessing the load of EMI for PNB Housing Finance Home Loan. It is the best tool for assessing Home Loan EMI. You can effortlessly estimate the cost of a home loan and plan your monthly budget accordingly. 

Using EMI calculator is very easy. You can use MMM calculator as an instant PNB Housing Home Loan Calculator. Just enter the loan amount along with the time period of the loan and the rate of interest. EMI calculator gives you bifurcation of the entire loan tenure, which helps you plan your EMI and tax obligation accordingly.

PNB Housing Finance Home Loan EMI Calculation

Let’s use EMI Calculator and find out EMI for PNB Housing Loans with different combinations of Home Loan Amount and tenor. Below we have calculated EMI for Rs. 10 Lakh, 20 Lakh, 30 Lakh, 40 Lakh, 50 Lakh and 60 Lakh PNB Housing Finance Home Loans for 10, 20 & 30 years respectively.

Loan Amount	10 years	20 years	30 years
10 lakh Home Loan EMI	Rs. 12,533	Rs. 8,837	Rs. 7,867
20 lakh Home Loan EMI	Rs. 25,065	Rs. 17,674	Rs. 15,734
30 lakh Home Loan EMI	Rs. 37,598	Rs. 26,511	Rs. 23,601
40 lakh Home Loan EMI	Rs. 50,131	Rs. 35,348	Rs. 31,468
50 lakh Home Loan EMI	Rs. 62,663	Rs. 44,186	Rs. 39,335
60 lakh Home Loan EMI	Rs. 75,196	Rs. 53,023	Rs. 47,202

*For purpose of EMI calculation, flat rate of Interest @ 8.75% p.a. is considered. The calculation is indicative only and will change as per effective rate of interest offered to you

Salaried as well as self-employed residents as well as non-resident Indians can apply

Eligibility for PNB Housing Finance Home loan is assessed basis following criteria:

• Market value of the property
• Repayment capacity
• Personal details such as income, age, qualification & occupation

To improve the PNB housing loan eligibility income of borrowers and co-borrowers can be considered cumulatively.

Other PNB Housing Home loan eligibility requirements-

Borrower's age: 21 to 70 years

Loan amount: Subject to property value & repayment capacity.

Here is a list of documentation required for PNB Housing Home Loans:

Type of document	List of self-attested documents
Loan application	Duly filled application form with photograph
Age proof (any one)	PAN Card Passport Any certificate from statutory authority (e.g. Matriculation certificate)
Residence proof (any one)	Passport/ Driving License/ Aadhaar Card/ Telephone Bill/ Ration Card/ Voter ID Card/ Any other certificate from Statutory Authority
Educational qualifications	Latest degree
Income proof	Salaried Individuals Latest salary slips for last 3 months Form 16 of last 2 years bank statements of Salary Account- for 6 months Self-employed individuals Certificate & Proof of business existence Business Profile ITR for the last 3 years (self and business) Profit & Loss Account & Balance Sheets duly certified/ audited by a Chartered Accountant. Bank statements (self & business) for the last 12 months.
Others	Processing fee cheque in favour of PNB HFL Photocopy of title documents of the property, Approved Plan etc.

Fees and charges associated with PNB Housing Finance Home Loan are:

DESCRIPTION OF CHARGES	APPLICABLE CHARGES
Loan Processing Charges (Non-refundable)	Up to 0.50% of loan + applicable service tax
Foreclosure charges	Zero prepayment/ foreclosure charges

The customer care service at PNB Housing is very competent and responsive. Apart from the toll-free number, you can also drop your queries and complaints to their email id. Also, to check PNB housing finance Home loan status, you contact customer care.

Customer care executives can speak English and Hindi fluently. The toll-free number is active 24 x 7. If you have mailed your grievance, you should expect a reply or a call back within three working days. 

Contact details:

PNB Housing Finance Ltd.

9th Floor, Antriksh Bhavan,

22 Kasturba Gandhi Marg,

Near Connaught Place,

New Delhi 110001

Phone Number: 1800 120 8800

Email Address: [email protected]

CIN: L65922DL1988PLC033856