Punjab National Bank Personal Loan Eligibility

Punjab National Bank was founded in 1894, it is an Indian financial services company and it is one of the Big Four banks of India, along with State Bank of India, ICICI Bank and Bank of Baroda.

Here I am giving you process for apply online for Personal Loan at Punjab National Bank (PNB)…..

Firstly go to the official website of Punjab National Bank (PNB) which looks like this image;



Now on this page you will get Loan section on this section you will see “Personal Loan” option click on that option a new page will open which look like this image:



After that bottom of the home page you will see “Apply Online Application” option click on that option a new page again will open which look like this



After that you will have to fill four forms;

Likes;
Online Loan Application for Personal LOAN: Part - A (Mandatory)
Online Loan Application for Personal LOAN: Part - B (Mandatory)
Online Loan Application for Personal LOAN: Part - C (Optional)
Online Loan Application for Personal LOAN: Final Submit (Mandatory)

Address;
Punjab National Bank
Shankar Rd
Pocket A, Part 1, New Rajinder Nagar
New Delhi, Delhi 110060

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Answered By StudyChaCha Member

I am looking to issue personal loan from Punjab National Bank (PNB) . can you please give here detail about this loan ?

Personal Loan Punjab National Bank (PNB) is an Indian financial services company. It was founded in the year 1895.

Bank offers personal loan for fulfill the financial need for Personal financial requirements , Marriage expenses , Foreign travel ,Health or medical treatment related expenses etc..

PNB Personal Loan detail:
Minimum Loan Amount
Rs. 50,000

Maximum Loan Amount
Rs.4,00,000/- or 20 times monthly net salary.

Tenure:
12 to 60 Months

Processing Fee:
1.8% of the loan amount + Service Tax & Education Cess

Interest Rates:
For Loans up to Rs.10 Lakhs:
Individuals whose salary is being disbursed through
PNB branches only (including Defence Personnel) :
Base Rate+3% (13.25%)

For Loans up to Rs.5 Lakhs:
Individuals availing the loan under check-off facility
(including Defense Personnel):Base Rate +
5% (15.25%)

For others up to Rs.5 Lakhs:
Base Rate +6%
(16.25%)

PNB Personal Loan Eligibility Criteria for Self Employed Individuals and Working Professionals:

Age :
Minimum:21 Years
Maximum: 65 Years

Total years in Profession
2 Years

For more detail here is the attachment.

Attached Files Available for Download

personal loan PNB.doc (38.5 KB, 20 views)

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Answered By StudyChaCha Member

Can you please give here detail about the Personal Loan scheme of Punjab National Bank (PNB) , I am looking to know about it ?

Punjab National Bank (PNB) is an Indian financial services company. This bank offer many credit schemes to customer of the bank .

Credit schemes like :
Personal Loan,
Two Wheeler Loan,
Car Loan,
Home Loan

Punjab National Bank Personal Loan Details

Minimum Loan Amount
Rs. 50,000

Maximum Loan Amount
Rs.4,00,000/- or 20 times monthly net salary,
whichever is lower.

Interest Rate (Floating)
Base Rate - 9.60%
Base Rate+(3% to 6%)

Processing Fee:
1.8% of the loan amount + Service Tax & Education Cess

Loan Tenure :
5 years

Repayment (Maximum)
Term Loan:

Within remaining period of service or in maximum 60 EMIs whichever earlier

Overdraft:
60 months by reducing Drawing Power (DP) equivalent to EMI.

Documents Required:
Signed application form with photograph

Proof of identity:
Passport/voter ID card/driving license

Proof of address:
Ration card/telephone or electricity bill/rental agreement/passport

Processing fee cheque

Last 3 months bank statement/6 months bank passbook

Documentation for salaried applicants:
Latest salary slip
Current dated salary certificate with the latest Form 16

Documentation for self-employed applicants:
Latest Bank statement
Latest ITR or Form 16

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Answered By StudyChaCha Member

Can you please tell here process to apply online for issue Personal Loan from Punjab National Bank (PNB) ? please tell step by step process.

Punjab National Bank (PNB) is the 3rd largest bank in India. Bank offer many credit schemes to customer such as Personal Loan, Two Wheeler Loan, Car Loan, Home Loan, Loan against property etc..

Here you are looking for process to apply online for Personal Loan of Punjab National Bank (PNB) , I am telling here the process for the same.

Go to the website of Punjab National Bank.

Then click on Personal Banking .

At next page click on personal loan link that is under credit scheme section .




Here read detail about the personal loan.

At bottom side of page you get apply online link click on that link .



Here click on available options to complete online process to apply for personal loan and complete the process.


Here is the attachment.

Attached Files Available for Download

Detail about the personal loan of PNB.zip (23.3 KB, 17 views)

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Answered By StudyChaCha Member

How much is the interest rate on Personal Loan offered by Punjab National Bank ? also tell how much amount I can get through this scheme of bank ?

Punjab National Bank offers Personal Loan to make available Financial Assistance to customers for their personal needs.

Rate of interest:
For Loans up to Rs.10 lac:
Individuals, whose salary is being disbursed through our branches only (including Defence Personnel) :
Base Rate+3% presently (13%)

For Loans up to Rs.5 lac: Individuals who are availing the loan under check-off facility (including Defence Personnel):
Base Rate+5% presently (15%)

For others up to Rs.5 lac:
Base Rate+6% presently (16%)

Loan amount :
Minimum :
Rs.50000/-

Maximum:
For All borrowers:

Rs. 4,00,000 or 20 times monthly net salary whichever is lower .

Minimum Net monthly salary :

Metro Centres :
Rs.15000/-

Urban Centres :
Rs.12500/-

Semi- Urban/ Rural Centres :
Rs.10000/-


Rs. 5,00,000/- or 20 times monthly net salary whichever is lower .

(For those Salaried persons having completed service of 3 years in the present organization.
Net monthly salary of not less than :
Rs.30,000/- p.m.)

For employees drawing salary through our bank and completed 3 years of service in the present organization:
Max. Rs.10 lac or 20 times of Net monthly salary

Minimum Net monthly salary as under:

Metro Centres :
Rs.50000/-

Urban Centres :
Rs.40000/-

Semi- Urban/ Rural Centres :
Rs.30000/-

Processing Charges/ Upfront fee/

Upfront Fee 1.80% + service tax & Edu.Cess

Documentation charges

Upto Rs. 2 lac:
Rs.270+ service tax & Edu.Cess

Over Rs.2 lac:
Rs.450+ service tax & Edu.Cess

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Answered By StudyChaCha Member

What is the eligibility criteria to apply for Home Loan scheme of Punjab National Bank (PNB) ? Give other detail about the loan too?