Pnb Home Loan
Features: The bank offers loans for construction or purchase of house/ flat. It also provides loans for purchase of house/ flat on First Power of Attorney basis from the original allottee. It can also be used for carrying out repairs/ renovations/ additions/ alterations to existing house/ flat. To cover the loan outstanding, life Insurance cover is also available on payment of one time premium which can also be financed by the Bank. The bank offers loans at both fixed and floating interest rates for NRIs and Indians.
Co-applicants allowed: Father,Mother,Brother,Son,Spouse
Processing Fees: 0.50% of loan amount, max Rs 20000.
Prepayment Charges: If paid from own source- Nil, in other cases- 2% on principal amount prepaid.
Min-Max Age: 25-65
Max Tenure: 20
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Punjab National Bank - Floating
11.75
11.75
21674
0.50% of loan amount, max Rs 20000.
| Punjab National Bank - Floating | 11.75 | 11.75 | 21674 | 0.50% of loan amount, max Rs 20000. |
Punjab National Bank - Fixed
12.25
12.25
22371
0.50% of loan amount, max Rs 20000.
| Punjab National Bank - Fixed | 12.25 | 12.25 | 22371 | 0.50% of loan amount, max Rs 20000. |
Punjab National Bank - Fixed
12.25
12.25
22371
0.90% of loan amount
| Punjab National Bank - Fixed | 12.25 | 12.25 | 22371 | 0.90% of loan amount |
Punjab National Bank - Floating
11.75
11.75
21674
0.90% of loan amount
| Punjab National Bank - Floating | 11.75 | 11.75 | 21674 | 0.90% of loan amount |