Apply for Pnb Housing Home Loan

Hassle-free Documentation Process | Doorstep Service | Secured Loan | Complete Transparency | Low Interest Rate

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20

Years Of Experience

About Pnb Housing Home Loan

PNB Housing Home Loan provides the necessary financial support for Home Buying, Home Renovation, Home Extension, and Plot Purchase. It is a secured loan that requires the borrower to provide collateral as a form of security.

LoanMoney is a registered and authorized Direct Selling agent of various National, Multinational, and Non-Banking Financial Companies. It provides a loan with minimum documentation, low-interest rates for a longer tenure, fast approval mechanism, low processing fees, and multiple repayment options. Apply for PNB Housing Home Loan through LoanMoney to get hazel-free get hassle-free financial support from India's leading Bank.

Features of Pnb Housing Home Loan

PNB Housing excels in providing a complete bouquet of services to customers to meet their Home Loan needs. Ease of applying for a loan with branches spread across India, robust service delivery model and mark to market credit & financial policies help customers build a long term relationship of trust and commitment.

  • Instant home loan available
  • PAN India branch network
  • Doorstep service and quick processing of loan applications
  • Flexible Repayment Option
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Details of Pnb Housing Home Loan

  • Interest Rate

  • Eligibility Criteria

  • Documents Required

  • General Information

Interest Rate

Fee Amount to be Paid
Rate of Interest 7.45% to 8.45%
Loan Processing Charges Min. 10000/ Or 0.25% + Service Tax
Cheque Bounce Charges NA
Cheque/ Instrument Swap charges NA
Prepayment/ Foreclosure Charges NA
Default Interest Rate NA
Duplicate Statement Issuance Charges NA
Duplicate Amortization Schedule Charges NA
Duplicate Interest Certificate NA
S(Provisional/ Actual) issuance Charges NA
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Pnb Housing Home Loan Eligibility Criteria

Age(Min-Max) 25 To 60 Years 25 To 65 Years 25 To 65 Years Minimum Income Min. 3,00,000/ p.a Min. 1.50 Lakh Profit Yearly Min. 4 Lakh Receipt Co-applicant NA NA NA Loan Tenure Upto 30 Years Upto 30 Years Upto 30 Years Maximum Loan Amount Max. 75 Lakhs Max. 75 Lakhs Max. 75 Lakhs Employment/Business Continuity Min. 3 Year Min. 3 Year Min. 2 Year CIBIL Score Min. 700 Min. 600 Min. 650+
Particulars Salaried Self Employed Professional
Pnb Housing Documents Required

You need to submit some documents that verify your eligibility to help you get your loan faster.

  • Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
  • Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
  • Education Qualifications – Latest Degree
  • Latest Salary-slips for 3 month
  • Form 16 for last 2 years
  • Last 6 months Bank Statements(salary account)
  • Certificate & Proof of business existence along with Business Profile
  • Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
  • Last 12 months Bank Account Statements (self & business)
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Pnb Housing General Information

Salaried Self Employed Professional
Age 24 To 60 Years 24 To 60 Years 24 To 60 Years
Loan Amount 5 Lakh To 25 Crore 5 Lakh To 50 Crore 5 Lakh To 50 Crore
Tenure 5 To 15 Years 5 To 15 Years 5 To 15 Years
Rate of Interest / APR [Annual Percentage Rate] 7% To 8% 7% To 8% 7% To 8%
Features No Charges for Minimum Usage on DOD No Charges for Minimum Usage on DOD No Charges for Minimum Usage on DOD
Processing Fees 0.50% To 0.75% 0.50% To 0.75% 0.50% To 0.75%
Special NA NA NA
Documentation KYC/Financial(2 Years) & Property Documents. KYC/Financial(2 Years) & Property Documents. KYC/Financial(2 Years) & Property Documents.
Eligibility

Salaried Individuals

  • Any individual who is in permanent service in the government or a reputed company.
  • The applicant should be above 24 years of age at the time of loan commencement and up to the age of superannuation
 Self-Employed Individuals
  • Funding up to 130 % of Income and property Value
  • The applicant should be above 24 years of age at the time of loan commencement and up to 65 years at the time of maturity.
  • Loan can be done as per Avrage Bank balance * 1.25% 
  • Leas rental base 
  • Gst return Base
  • Turnover base
  • Age limit up to 70 year 
 Self Employed Professionals
  • Professionals (i.e., doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants only) can apply.
  • The applicant should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity.
  • Yearly Receipt  Base Eligibitliy 

Self-Employed Documents

Application Form

Fill the form correctly

Proof of Identity

Documents such as Aadhar Card, Passport, Voter ID, or Driver's License.

Proof of Address:

Documents like Aadhar Card, Passport, Voter ID, Driver's License, or utility bills (electricity, water, gas).

Proof of Age

This could be established through a birth certificate, school leaving certificate, passport, or other valid documents.

Business Profile

A detailed profile of your business, including its nature, products or services, market presence, and any other relevant information.

Property Documents

These include the sale agreement, property title deed, property tax receipts, approved building plan, and NOC (No Objection Certificate) from relevant authorities.

Income Proof

As a self-employed individual, you might be required to submit documents that demonstrate your income, such as:

  • Income Tax Returns (ITR): Typically, the last 2-3 years' ITR with computation of income, balance sheet, and profit and loss statement.
  • Business Proof: Documents that establish the nature of your business, such as business registration, partnership deed, Memorandum of Association (MOA), Articles of Association (AOA).
  • Bank Statements: Usually, the last 6 months' bank statements of both personal and business accounts.

Proof of Down Payment

Documents showing the source of funds for the down payment on the property, such as bank statements.

Passport-sized Photographs

Typically, a few recent passport-sized photographs.

Any Other Documents as Requested

PNB Housing Finance might ask for additional documents based on your specific financial situation and loan application.

Self-Employed Eligibility

  1. Age: Applicant's age should be between a certain range, such as 21 to 65 years.
  1. Income: PNB Housing Finance will assess your income to determine your repayment capacity. Generally, you will need to provide documents such as Income Tax Returns (ITR), Profit and Loss (P&L) statements, and Balance Sheets for the last few years. The stability and consistency of your income play a crucial role in loan approval.
  1. Business Stability: The duration for which you have been operating your business can impact your eligibility. A longer business history can add to your credibility as a borrower.
  1. Loan Amount: The loan amount you are eligible for depends on your income, the value of the property you intend to purchase, and other financial obligations.
  1. Credit Score: A good credit score is important for loan approval. It showcases your creditworthiness and repayment capability.
  1. Property Type and Value: The type and value of the property you plan to buy can also influence your eligibility.
  1. Loan Tenure: The tenure of the loan, or the repayment period, can vary. PNB Housing Finance may have specific guidelines regarding the maximum tenure for self-employed individuals.
  1. Other Obligations: Existing loans and financial commitments can impact your eligibility since they affect your debt-to-income ratio.
  1. Legal and Technical Clearance: The property you are planning to buy should have the necessary legal and technical clearances.

Quick Enquiry for Pnb Housing Home Loan

Share your contact details and talk with our experts to get an instant decision on your loan.

Check Your Eligibility

How much do you need?

EMI Calculator

Check Your Cibil Score

Purpose for Taking Home Loan

Home Buying

Buy your dream house or home that is within your budget.

Home Renovation

Make your home more beautiful by renovating your dream home.

Home Extension

Increase the amount of built-up space at your home using this loan.

Clients words

What our clients say

We pride ourselves on providing transparent and quality service to our clients, but you don’t just have to take our word for it. Read what our clients have to say about us.

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Job Varghese

Client

I am totally satisfied by loan money and the way it services its customers.... especially I thank and appreciate Ms. Somya as she is a great resource to the organization. She has been constantly assisting me from start till the end and has been a very prompt and sensible officer as she could offer the relevant deal for me.

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Vishwajeet Nanaware

Client

LoanMoney is really good in providing loan services. Particularly Chanchal, my loan assistant has great skills to communicate with her clients and understand their needs. She processed my personal loan on time. The rate of interest offered was lower than the others. it was overall a good experience with 100% satisfaction.

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Avlokit Kaushik

Client

This is my second time in have taken a loan from LoanMoney. Kavita has helped me a lot..very cooperative very helpful very fast. Thanku again.

FAQ of Home Loan

  • Who can apply for a Home Loan?

    Home Loan is available for salaried/self-employed as well as Professionals, Employees of public/pvt Ltd companies. Every bank has individual minimum criteria for net monthly income Rs. 25,000, age between 21 to 60 years, profession, CIBIL Score, job continuity, etc.

  • How long will it take for my Home Loan to be processed?

    Once you submit your application form and the required documents as per Bank's criteria, you can expect our approval and disbursal within 5 working days, provided everything is in order. All loan approvals are at the sole discretion of the bank.

  • What is the Cheapest Home Loan or Affordable Home Loan?

    An Affordable or cheapest Home Loan is a loan in which not only you can get an attractive interest rate starting from 10:75% to 18%, and you can get a quick Home Loan with minimum processing fees, No hidden charges. With our easy & minimal paperwork, and flexible EMI payment options will make it a hassle-free Home Loan.

  • What are Nil Foreclosure Charges in Home Loan?

    The term Loan foreclosure means that when a person does the full repayment of the remaining loan amount in one single & final payment instead of paying it back in multiple EMIs.

    Some banks don't allow foreclosure of the loan as they won’t get the interest from the borrower and some banks allow foreclosure of the loan but they charge a certain amount from the borrower. While taking a Home Loan to try to see if there is zero foreclosure charges or nil foreclosure charges facility available for borrowers. This can save your money which you was going to pay to the bank.

  • What are the features of Loanmoney's Fastest Home Loan?

    The features of Loanmoney's Fastest Home Loan are No Collateral or no Security, Easy Repayment options, Safety, Attractive Interest rates, It is Unsecured, Can be Obtained for any Purpose and Fast, Cheap & Reliable.

  • Do I need to provide any security or collateral to obtain Home Loan from Bank?

    No, you don’t have to provide any security, collateral or guarantee to obtain Home Loan from Bank.

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