Public sector bank · Home Loan
PNB Home Loan 2026
Punjab National Bank, India’s second-largest public-sector bank, offers repo-linked home loans with separate schemes for government employees and affordable housing. Interest rate 7.25% – 9.65%, tenure Up to 30 years.
Rates as of Sep 2026 (aggregator) · Checked 30 September 2026Interest rate
7.25%
up to 9.65%EMI on ₹50,00,000 (20 yrs)
₹39,519
PNB Home Loan at a glance
Interest rate7.25% – 9.65%
Processing fee0.35% of loan (min ₹2,500, max ₹15,000) + GST; waived in some festive campaigns
Loan amount—
TenureUp to 30 years
BenchmarkRLLR 8.10% (incl. 0.35% BSP) w.e.f. 1 Sep 2026; 1-year MCLR 8.80%
Maximum age70 years at maturity
Lender typePublic sector bank
Rank on this site#4 of 17 by starting rate
Strengths
- Low starting rate with fee capped at ₹15,000
- Concessional PNB Pride scheme
- Fixed-rate option available
Watch out for
- Fixed rates are much higher (from 8.25%)
- Official rate card not easy to find — figures from aggregators
PNB home loan interest rate & charges
| Feature | PNB |
|---|---|
| Interest rate | 7.25% – 9.65% |
| Rate details | Floating 7.25% – 9.65%, fixed 8.25% – 11.15% (aggregator, Sep 2026). Rates are CIBIL-linked; PNB Pride for government employees is concessional. |
| Processing fee | 0.35% of loan (min ₹2,500, max ₹15,000) + GST; waived in some festive campaigns |
| Loan amount | — |
| Tenure | Up to 30 years |
| Prepayment / foreclosure | Nil on floating-rate loans to individuals |
| Benchmark | RLLR 8.10% (incl. 0.35% BSP) w.e.f. 1 Sep 2026; 1-year MCLR 8.80% |
| Maximum age | 70 years at maturity |
| LTV | Up to 90% (within RBI slabs) |
Special schemes & features
PNB Pride
Concessional home loan for government employees and pensioners
PNB Roshni
Affordable housing loan
Plot, construction & improvement
Separate variants for plot purchase, self-construction and repairs
Source: www.bankbazaar.com, Sep 2026 (aggregator). Rates are indicative; your rate depends on your profile. Always check the Key Facts Statement (KFS) for the APR before signing.
EMI at PNB’s rates
| Loan amount | EMI @ 7.25% | EMI @ 8.45% | EMI @ 9.65% |
|---|---|---|---|
| ₹25,00,000 | ₹19,759 | ₹21,617 | ₹23,549 |
| ₹50,00,000 | ₹39,519 | ₹43,233 | ₹47,097 |
| ₹75,00,000 | ₹59,278 | ₹64,850 | ₹70,646 |
Tenure 20 years, reducing-balance method. Total interest on ₹50,00,000 at 7.25%: ₹44,84,512.
PNB home loan EMI calculator
Eligibility
- Resident Indians and NRIs; minimum age usually 18 – 21
- Maximum age at loan maturity typically 60 – 75 depending on lender and employment (e.g. Canara/PNB 70, Bandhan 75, some LIC HFL schemes 80)
- Regular income: salaried, self-employed professional or self-employed business owner; informal-income borrowers at affordable-housing lenders
- Credit score: 750+ usually gets the best rates (LIC HFL’s lowest rate needs 825+)
- Total EMIs (including the new loan) generally within 50% – 60% of net monthly income
- Property with clear, marketable title and approved plan; loan limited by RBI LTV caps (90% / 80% / 75%)
Documents required
- KYC: PAN (mandatory), Aadhaar / passport / voter ID, address proof, photographs
- Salaried: last 3 salary slips, Form 16 (2 years), 6 months’ salary bank statement
- Self-employed: ITR with computation (2 – 3 years), CA-certified P&L and balance sheet, business proof (GST / Udyam / licence), 12 months’ bank statements
- Property: sale agreement / allotment letter, title chain, approved plan, RERA registration, OC/CC or builder NOC, encumbrance certificate, tax receipts
- Own-contribution receipts and existing loan statements (if any)
- For balance transfer: sanction letter, 12 months’ repayment track, list of documents held by current lender
How to apply for PNB Home Loan
- Check eligibility & compareUse the eligibility calculator and compare APR, not just the headline rate.
- Apply with documentsOnline or at a branch; pay the processing / login fee.
- Appraisal & sanctionLender checks credit score, income and FOIR, then issues a sanction letter and Key Facts Statement with APR.
- Legal & technical checkTitle search, encumbrance, approvals and valuation of the property.
- Agreement & mortgageSign the loan agreement; deposit original title deeds (equitable mortgage) or register a mortgage deed as the state requires.
- DisbursalPaid to the seller/builder — in one go for ready homes or in stages for under-construction projects.
PNB vs other lenders
| Lender | Rate | Processing fee | Tenure | EMI on ₹50,00,000 |
|---|---|---|---|---|
| Indian Overseas Bank Home Loan | 7.10% – 8.20% | 0.50% of loan (max ₹25,000) + GST | Up to 30 years | ₹39,066 |
| Canara Bank Home Loan | 7.15% – 10.00% | 0.50% of loan (max ₹10,000) + GST | Up to 30 years | ₹39,216 |
| LIC Housing Finance Home Loan | 7.15% – 9.50% | 0.25% of loan (min ₹5,000, max ₹50,000 per Paisabazaar; BankBazaar shows max ₹15,000) + GST; nil for women borrowers under offer | Up to 30 years | ₹39,216 |
| PNB Home Loan | 7.25% – 9.65% | 0.35% of loan (min ₹2,500, max ₹15,000) + GST; waived in some festive campaigns | Up to 30 years | ₹39,519 |
| SBI Home Loan | 7.25% – 8.55% | 0.35% of loan + GST (min ₹5,000, max ₹15,000 per Paisabazaar; BankBazaar shows ₹3,000 – ₹12,000); nil for Privilege and Shaurya | Up to 30 years | ₹39,519 |
| IDBI Bank Home Loan | 7.40% – 11.90% | 0.50% + taxes (aggregator); product page shows ₹2,500 – ₹5,000 + taxes; waived for balance transfer / PMAY | Up to 30 years | ₹39,974 |
| Kotak Mahindra Bank Home Loan | 7.60% onwards | Up to 2% + GST (nil on some online applications) | Up to 20 years (as listed by source) | ₹40,586 |
| HDFC Bank Home Loan | 7.75% – 13.20% | Up to 0.50% of loan, minimum ₹4,000 (aggregator) + GST | Up to 30 years | ₹41,047 |
| PNB Housing Finance Home Loan | 7.90% – 12.00% | Up to 1% + GST | Up to 30 years (NRI up to 15 years) | ₹41,511 |
| Tata Capital Home Loan | 8.00% – 13.00% | Up to 3% + GST (aggregator offer: ₹999 + GST) | Up to 30 years | ₹41,822 |
| Axis Bank Home Loan | 8.20% – 9.10% | Up to 1% of loan or ₹10,000, whichever is higher, + GST (Asha: 1% – 2% + GST) | Up to 30 years | ₹42,446 |
| Bandhan Bank Home Loan | 8.55% – 13.52% | Up to 1% + GST | Up to 30 years | ₹43,550 |
| Sammaan Capital (formerly Indiabulls Housing Finance) Home Loan | 8.75% onwards | 0.50% onwards + charges | Up to 15 years (per source; confirm with lender) | ₹44,186 |
| YES Bank Home Loan | 9.00% – 11.50% | 1.5% + GST or ₹10,000, whichever is higher (BankBazaar); CreditMantri shows 0.5% or ₹10,000 | Up to 35 years | ₹44,986 |
| Truhome Finance (formerly Shriram Housing Finance) Home Loan | 9.50% onwards | As per MITC (aggregator: up to 1.5% + GST) | Up to 25 years | ₹46,607 |
| Piramal Finance Home Loan | 9.99% onwards | Up to 3% + taxes | Up to 30 years | ₹48,218 |
| Aadhar Housing Finance Home Loan | 11.75% – 17.00% | Typically 0.5% – 1% (aggregator: up to ₹3,500 + GST) | Up to 30 years | ₹54,185 |
Frequently asked questions
What is the PNB Home Loan home loan interest rate?
PNB home loan rates start at 7.25% and go up to 9.65% p.a. (as of Sep 2026 (aggregator)). The rate you get depends on your credit score, income and loan details.
What is the EMI for ₹50,00,000 from PNB?
At 7.25% for 20 years the EMI is about ₹39,519, with total interest of ₹44,84,512.
What is the processing fee?
PNB: 0.35% of loan (min ₹2,500, max ₹15,000) + GST; waived in some festive campaigns. GST at 18% applies on fees.
What is the maximum tenure?
PNB: Up to 30 years.
Can I prepay or foreclose the loan?
PNB: Nil on floating-rate loans to individuals.
Information compiled from the lender’s published rates and reputable aggregators for comparison only. FinancePortal is not affiliated with PNB Home Loan. Terms change — confirm with the lender.