Wait! Before you begin the Home Loan application process, you should think about a few additional things. We have prepared checklist for you to save you time!
Step01
Check your Credit Score
Looking to unlock the doors to your dream home? Get started by checking your credit score today to see if you qualify for a housing loan. Don't miss out on this crucial step in the home buying process! Check your Credit Score
Determine Your Eligible Loan Amount
Discover how much you can borrow with our easy loan calculator! PNB Housing provides home loan up to 90%* of the property cost. Find out your eligible loan amount now. Check Your Eligible Loan AmountStep02
Step03
Get Your Home Loan In – Principle Sanction letter
With our quick process, you can get your In – Principle sanction letter in just 3 minutes, so that you can focus on finding your dream home with confidence. Get Instant approval in 3 minutes
Check PNB Housing approved projects
Check the property which you’re purchasing is approved for funding
Speak to our Expert
Step04
Step05
Simplify Your Application Process with Documentation
PNB Housing understands that the application procedure can be difficult. That is why, based on your credit score, we take a flexible approach and provide personalised assistance on the necessary documentation. Check the Comprehensive List of Required Documents
Starting your home loan application can be daunting, but we're here to help. By filling out our lead form, you'll be one step closer to securing the best home loan options available. Our team of experts will guide you through the process and ensure that you have a hassle-free experience.
When you apply for a home loan, there are additional expenses to consider apart from the actual cost of the house. One of these expenses is stamp duty and registration charges, which are required when you officially register your new home ownership. The PNB Housing Stamp Duty Calculator is a helpful tool designed to calculate the amount of stamp duty you will need to pay for your property. By using this calculator, you can determine the amount of your home loan that will cover these charges, ensuring you have a clear understanding of your financial requirements.
Why Stamp Duty
Stamp Duty is a charge the state government imposes when purchasing a new property. It serves to authenticate the registration of the property under your name and legalize your ownership document. Failing to pay Stamp Duty on the property registration document will result in you not being recognized as the legal owner of the property in question.
How are stamp duty and registration charges calculated in India?
Stamp duty costs typically range from 5-7% of the property's market value, while registration charges are usually around 1% of the property's market value. These charges can amount to lakhs of rupees. To prevent any financial gaps when purchasing and registering a property, it is crucial to include the stamp duty and registration charges in your home loan application.
The amount of stamp duty you pay depends on various factors, including:
Property's Market Value: The value at which the property is assessed in the market.
Property Type and Floors: The type of property (e.g., house, apartment) and the number of floors it has.
Intended Usage: Whether the property is intended for residential or commercial purposes.
Property Location: The geographical location of the property, such as the city or neighborhood.
Property Owner's Age and Gender: The age and gender of the individual who owns the property.
