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With over 30 years of industry expertise and customer trust behind us, we offer home loans tailored to your budget and at low interest rates. Whether you are looking to buy a home, build one, or renovate one, PNB Housing’s efficient and easy housing loan can help you get there.
PNB Housing is the answer to your search for a rapid, customized, hassle-free, and easy-to-get home loan. It offers a range of incentives for all those wishing to fulfill their goals of owning or building a dream house, with the attractive interest rates on the market.
Whether you are a salaried individual, a government employee, or self-employed, PNB Housing has very clear home loan eligibility criteria and requirements for all types of applicants.
Age Limit | Applicants should be 21 years or above at the time of applying for a home loan. Age should not exceed 70 years at the time of home loan maturity. |
Monthly salary/income | INR 15,000 and above |
Required CIBIL Score | Minimum 611 |
Work experience for salaried individuals | 3+ years |
Business continuity for self-employed | 3+ years |
Check out our comprehensive Home Loan Eligibility Criteria page for more. PNB Housing also gives the freedom to use our instant home loan eligibility calculator and home loan EMI calculator to approximate how much home loan you are eligible for, your tenure and pertaining home loan EMI.
The above-listed criteria alone does not make you eligible to apply for a home loan from PNB housing. Based on your occupation and home finance requirements, you will also need to submit the following documents for PNB Housing home loan processing while filling your online application:
For Salaried Employees | For Self-Employed/Professionals |
---|---|
Compulsory Documents such as loan application form | Compulsory Documents like loan application form |
Age Proof | Age Proof |
Residence Proof | Residence Proof |
Education Qualifications | Education Qualifications |
Income Proof which includes salary slips of last 3 months, Form 16 for last 2 years and latest 6 months bank statement | Income Proof pertaining to business and ITR, such as proof of business existence, last 3 years income tax returns, accountant-certified balance sheets, and last 12 months bank account statement |
Other Documents related to the property such as title, approved plan, etc. | Other Documents such as property title, approved plan, etc. |
Now that you have complete information on PNB Housing home loans, it is time to start applying for them. The below-listed process will help you smoothly fill out the application form and get a call back from the PNB Housing’s customer care representatives:
Apply online for your dream home loan with PNB Housing today!
If an online home loan application of PNB housing confuses you, PNB housing has other simple options as well.
We offer customized Home Loan solutions with best-in-class services, full-fledged domain knowledge and simplified loan procedures. Choose from the many housing loans available for salaried and self-employed applicants, and enjoy PNB Housing home loan at an easy EMIs every month for a tenure of your liking up to 30 years!
To help our customers, PNB Housing offers loans for the acquisition, development, and expansion of residential properties. As a leading home loan provider, we offer a wide range of customized solutions tailored to each client’s specific needs. PNB Housing succeeds at meeting customers’ home loan demands with a full range of services. Customers can create a long-term relationship of commitment and trust because of the ease of applying for a loan, the solid service delivery model, and the mark to market credit and financial regulations.
Home Construction Loans are available from PNB Housing for those who want to build a house on their land. Offerings like this are only available to customers who already own land and require money to build a house on it.
Additional room can be added to your current house with a Home Extension Loan from PNB Housing. If your family expands, you may require a guest room, a reading room, or an extra bedroom for your children. We make it simple to expand your current home to meet your specific needs.
To keep your home looking and functioning at its best, PNB Housing offers Home Improvement Loan for you to spend as you see fit.
PNB Housing provides a loan to purchase a residential plot of land in an urban area to construct a residential premise.
A home loan is a protected loan received by pledging a residence as collateral. Home loans provide high-value home finance at low rates and extended terms. After repayment, the borrower regains ownership of the property. If the user cannot repay the debt, the lender has the legal authority to sell the property to recoup the funds.
Yes, but only if the property owner wishes to sell it to a new buyer. Transferring a house loan from a seller to a buyer requires a formal process. The seller must provide the buyer with a foreclosure letter. If the buyer home loan transfers inside the bank, they must reapply for a house loan and pay the fees.
You can get a shared house loan with your immediate family member if you want a bigger loan. Home loan are more likely to get approved than individual loan. The income tax exemptions are a big benefit of applying for a joint loan, and the savings are far greater than for a single-name loan.
The loan duration can be modified voluntarily on customer’s request. One can always prepay the loan principal amount to reduce the loan tenure. PNB Housing would review your loan statement and recent income statements to rework on the requested loan tenure.
Everyone’s dream is to buy a home. The Indian government has long favoured encouraging residents to own homes. It is why a house loan qualifies for an 80C deduction. And buying a property with a mortgage has several tax advantages that dramatically cut your tax bill. Many Pradhan Mantri Jan Dhan Yojana programs boost the Indian housing market by addressing affordability and accessibility.
You can now call our toll-free number or send an SMS showing your interest in the home loan. Nonetheless, the easy and best way to apply for a home loan is online.
The maximum tenure limit of any home loan, including a PNB housing home loan, is 30 years. In this way, if you apply for a home loan for 15 years, you have the chance to extend your loan tenure by discussing the same with your financial institution.
Follow these simple steps to ensure that your home loan is approved quickly and painlessly:
To obtain a home loan sanction, you can opt for a home finance institution’s pre-approval loan process. The loan is usually approved in 5-7 days. However, borrowers’ failure to present property or income papers typically causes delays in the sanction process.
Yes, you can have more than one property or residence. But it relies on your earning and the likelihood of paying off debt. You can get financing from the same lender or seek other options. Of course, the possibility of refinancing the loan is always available.
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