Punjab National Bank Personal Loan Eligibility

Punjab National Bank (PNB ) provide personal loan for meet the need of money for expenses in medical treatment of self or a family member, marriage, defraying expenses on education of wards, domestic or foreign travel etc…

Rate of Interest
For Loans up to Rs.10 lac:

Individuals whose salary is being disbursed through our branches only :

Base Rate+3% presently (13%)

For Loans up to Rs.5 lac:
Individuals who are availing the loan under check-off facility

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 as under:
Metro Centres :
Rs.15000/-

Urban Centres :
Rs.12500/-

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

For employees drawing salary through PNB
Max. Rs.10 lac or
20 times of Net monthly salary

For loan upto Rs.5 lac :
15 times of Net monthly salary

Subject to Minimum Net monthly salary as under:

Metro Centres :
Rs.50000/-

Urban Centres :
Rs.40000/-

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

Processing Charges:
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


PNB personal loan detail

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Answered By StudyChaCha Member

How many forms I have to fill while applying online to issue Personal Loan from Punjab National Bank (PNB) ?

To meet all types of personal needs like medical treatment, marriage , education expenses , traveling etc… Punjab National Bank (PNB) offers personal loan .
While applying online to issue PNB Personal Loan you have to fill four forms as :
Application for Personal LOAN: Part - A (Mandatory)
Application for Personal LOAN: Part - B (Mandatory)
Application for Personal LOAN: Part - C (Optional)
Application for Personal LOAN: Final Submit (Mandatory)
Process to apply online for Issue personal loan :
You have to visit at PMB net banking website.
There you have to visit at online loan application page .
Web address of this page :

pnbnet.org.in/ONLINELOAN/kcc/home.html
Here you have to click on personal Loan New Application link .










Here you have to fill all four forms to complete the applying process to issue personal loan .

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Answered By StudyChaCha Member

How much the loan amount be issued by Punjab National Bank (PNB) against the personal loan scheme of bank ?

My father wants to take Personal Loan from Punjab National Bank but he doesn’t know about it so would you please give me some information about it?

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

Here I am giving you information about Personal Loan Scheme of Punjab National Bank

Purpose:
To meet all types of personal needs (e.g., for medical treatment of self or a family member, marriage of self, son/daughter, defraying expenses on education of wards, expenses for domestic or foreign travel etc.)

Eligibility:
All permanent Defence Personnel including officials of Military Station Headquarters, Border Security Force, Central Reserve Police Force, Central Industrial Security Force, Indo Tibetan Boarder Police, etc. However, loan request of Defence Personnel, who are due for retirement within next 24 months, may not be entertained.

Confirmed/permanent employees of Central/State Govt./PSUs and all reputed companies/Institutions including Schools, Colleges, Universities, autonomous bodies, Hospitals/Nursing Homes, who are either drawing their salary through accounts maintained with our branches or these employers agree for check off facility.

Professionally qualified practicing Doctors viz., MBBS, BDS & above having annual income of Rs.4.00 lac and above. Doctors should be taxpayers for the last three years.

Quantum of Finance

Minimum Rs.50000/-
Maximum:
For All borrowers:

Rs. 4,00,000 or 20 times monthly net salary whichever is lower subject to minimum Net monthly salary as under:

Metro Centres : Rs.15000/-

Urban Centres : Rs.12500/-

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

Margin: NIL

Rate of Interest:
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%)

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

My Father wants to know about Personal Loan from Punjab National Bank so would you please tell me about it? And also tell me about its interest rates….

Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act, it is an Indian financial services company and it has a banking subsidiary in the UK.

Personal loan scheme:
Purpose

To meet all types of personal needs (e.g., for medical treatment of self or a family member, marriage of self, son/daughter, defraying expenses on education of wards, expenses for domestic or foreign travel etc.)

Objective
To make available Financial Assistance to the public for their personal needs.

Eligibility Criteria:

Income
For Salaried Person: Rs.15000 per month for eligible customers at Metro Centres; Rs.12500 per month for Urban centres

For Self person: Professionally qualified Doctors viz. MBBS, BDS & above having annual income of Rs.4.00 lac & above;

All permanent Defence Personnel including officials of Military Station Headquarters, Border Security Force, Central Reserve Police Force, Central Industrial Security Force, Indo Tibetan Boarder Police, etc. However, loan request of Defence Personnel, who are due for retirement within next 24 months, may not be entertained.

Quantum of Finance
Minimum Rs.50000/-
Maximum:
For All borrowers:

Rs. 4,00,000 or 20 times monthly net salary whichever is lower subject to minimum Net monthly salary as under:

Metro Centres : Rs.15000/-

Urban Centres : Rs.12500/-

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

Margin: NIL

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%)

Docs Required: Personal Loan
ID Proof
Address Proof
DOB Proof
Financial Docs

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Answered By StudyChaCha Member

My cousin want to issue personal loan from PNB . will you please give here detail about the Personal Loan scheme of Punjab National Bank?

Punjab National Bank offers personal loan for Financial Assistance to the public for their personal needs.

Personal needs will be :
Medical treatment of self or a family member,
Marriage of self, son/daughter,
Defraying expenses on education of wards,
Expenses for domestic or foreign travel etc.

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 as under:
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 .

Net monthly salary : not less than Rs.30,000/- p.m.

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%)

Processing Charges:
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


Repayment (Maximum)
Term Loan:
In maximum 60 EMIs

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

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Answered By StudyChaCha Member