The Company

PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on November 11, 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in November 2016. Its equity shares are listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with effect from 7th November 2016. The Company does not have a subsidiary.

With over two decades of specialised experience in housing finance, PNB Housing has a robust network of branches spread across the country which help its customers avail financial services (loans and deposits) seamlessly.

Credit Rating of PNB Housing Finance

Fixed Deposits

CARE AAA
FAAA with Negative outlook by CRISIL

Bonds/NCDs

CARE AAA, IND AAA with stable outlook by India Ratings (Fitch Group), CRISIL AA+ with Negative outlook and ICRA AA+
Bank Loans Long Term Rating CARE AAA

Commercial Paper Program CARE A1+

PNB Housing provides housing loans to individuals and corporate bodies for construction, purchase, repair and upgradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.

CIN: U65922DL1988PLC033856