PNB HFL Housing Loan

Here are a few factors

Product Rating

( 5 /5 )

Total - 105 ratings

Location PAN India
CIBIL Score 625+
Applicant Any Salaried & Self Employed
Applicant Age Minimum-21 Year, Max- Govt Employee-75 Year, Salaried-65 year, Self Employed-70 Year
Loan Amount & Tenure 5 Lac- 10 Cr
( 5 Year to 30 Year)
Login Fees 3000+
Rate of Interest & Type Roshni- 10.50% to 14%, Prime 8.75% to 10% (Reducing)
TAT Salary-7 Days
Self Employed-10 Days
Processing Fees 10000 for Salaried, In Roshni-1%, Self Employed-0.50%
Insurance & Other Charges Insurance Charges:0%-4%
Foreclosure Charges Nil
Minimum Income Which is fit to cover EMI 
Lock In Period Nil
Part Payment Allowed Yes
Home Loan OD Product No
LTV Loan amount <30 Lac-90%, >30- 80% of Property Value
Product BT+Top UP, Plot Purchase, Fresh Loan, Plot+Construction, Seller BT
Program Banking Program-2 Cr, GST Program-5 Cr, Cash Rental-1 Cr(50% of Rent), Gross Margin-1 Cr,
Low LTV -3 Cr, BT+Top Up-5Cr, Without ITR -50 Lac, Cash Salary-30 Lac
CO - Applicant Yes
FOIR Salaried:<50k-50%,50K-1 Lac-55%, >1 lac-60%, Self Employed-100% of income
Negative Profile Jewellers, Politician
Funded Property Type (i) Residential Property
(ii) Residential Plot Purchase
(iii) Residential Plot Purchase & Construction
Negative Property Khasra Khatauni, Legal & Technical not clear
Accepted Collateral Approved Property, Without Map Property upto 50 lac, Gram Panchayat Property
Business Vintage for Self Employed Person 2 Year
Minimum Job Experience for Salaried Person 1 Year
Experience with Current Employer 3 Month
Any Specific Product for Professionals No
USP Auction Purchase, Seller BT even if Seller iis NPA, Lal Dora upto 50 Lac

PNB HFL Housing Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %8 %
Tenure (months)12
Emi (monthly)8,699
Total Interest4,386
Loan Amount + Interest104,386
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
24,2581,83926,09775,74224.26 %
Oct8,0326678,69991,9688.03 %
Nov8,0866138,69983,88216.12 %
Dec8,1405598,69975,74224.26 %
75,7442,54778,2910100.00 %
Jan8,1945058,69967,54832.45 %
Feb8,2494508,69959,29940.70 %
Mar8,3043958,69950,99549.00 %
Apr8,3593408,69942,63657.36 %
May8,4152848,69934,22165.78 %
Jun8,4712288,69925,75074.25 %
Jul8,5271728,69917,22382.78 %
Aug8,5841158,6998,63991.36 %
Sep8,641588,6990100.00 %
Right Documents - Easy Process

Required Documents to Apply for PNB HFL Housing Loan

Salaried income documents

  • KYC of applicant & Co-Applicant
  • Last 3 Month Salary Slip of Applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 2 Year Form 16 of applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Appointment letter of applicant if available
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • Approved MAP of Property if available
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Latest utility Bill if owned residence or rent agreement if rented
  • 2 Reference with contact details

Self Employed person documents

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Agreement to Sale if new purchase case
  • Property Paper with complete chain of last 13 years
  • Approved MAP of Property if available
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Some Important Points

1. KYC Means
If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo

Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If LAP is applied with Government Bank then 30 year chain is required
3. If applicant is professional, then his professional degree is required

About PNB HFL Housing Loan

In today’s world, owning a house is a dream for everyone. But managing the expenses that come with it is not everyone’s cup of tea. So, to overcome such situations, financial institutions have come up with the facility of Home Loans. One such Home Loan is provided by the Government-run bank Punjab National Bank. PNB Housing Loan is specially curated to help applicants who want to own a home and expand and renovate their property.

With this secured loan, the borrowers just need to make a down payment; the lender will cover the remaining balance (up to 90%* on loans under Rs. 30 lakh) entirely. The complete amount borrowed plus interest is subsequently paid back to the lender in equal monthly payments (EMIs). PNB Housing Loan is affordable with low-interest rates. The hassle-free housing loan from PNB Housing can assist you in achieving your goals, whether you're trying to buy, expand, or renovate a home.

Why go for PNB Housing Loan?

  • Offers a wide variety of home loan products, including loans for home purchases, building loans, loans for home extensions, loans for home improvements, and loans for plots of land.
  • Large network of branches across India.
  • Strong model for service delivery - door-to-door services ensure quick and easy loan approval and disbursement.
  • Outstanding post-disbursement services.
  • Possibility of increasing the loan amount if cost increases.
  • Devoted group of skilled workers who utilize top-notch networks and information technologies to provide and satisfy customers.
  • High moral, ethical, and transparent norms
  • Numerous possibilities for repayment.
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question


Yes, but only if the owner wants to sell the property to a new buyer. A formal procedure must be followed in order to transfer a mortgage from a seller to a buyer. A letter of foreclosure must be given to the buyer by the seller. If the buyer's loan moves inside the bank, they will need to reapply for a home loan and pay the associated expenses.

The customer has the option to change the loan term voluntarily. To shorten the loan term, one can always prepay the loan's principle. To reevaluate the proposed loan term, PNB Housing will check your loan statement and most recent income documents.

Any home loan, including a PNB housing home loan, has a 30-year maximum term limit. This means, if you apply for a home loan with a 15-year term, you have the option of extending it by talking to your financial institution.

You might choose to go through a pre-approval loan process with a home financing organisation to get a house loan sanction. Typically, the loan is disbursed in 5-7 days. However, delays in the sanction procedure are frequently brought on by borrowers' failure to produce property or income documents.

An interest rate of 8.25% is applicable on the PNB HFL Housing Loan. However, don’t consider it as the sole eligibility criteria for getting a home loan. Other factors, such as age, salary, CIBIL score, etc., will also be considered.