Home loan

Make your dream home a reality with the PNB Housing Home Loan, which finances up to 90%* of your property’s cost. The Home Loan comes with great benefits like attractive interest rates, minimum documentation, long repayment tenure, quick disbursal, and prompt customer service.

With over 30 years of experience and customer trust, PNB Housing offers low-interest Housing Loans according to your budget. Whether you are looking to buy a home, build, or renovate one, apply for a Home Loan online and enjoy a hassle-free process.

Features & Benefits of Home Loan

  • Attractive Interest Rate
    With PNB Housing, taking a home loan and repaying it is as easy as it sounds, thanks to home loan interest rates starting at as low as 8.75%* per annum for salaried & 8.80%* self-employed individuals..
  • Home Loan Product Bouquet
    A home loan shouldn’t only be restricted to the purchase of a new home. As such, PNB Housing provides seamless and quick loans for everything from home purchase to renovation to construction and home extension.
  • Home Loan up to a 30-Year Tenure
    Longer-term loans allow customers to pay lower EMIs each month and pursue other goals. PNB Housing offers customers 30-year housing loans (up to the age of 70).
  • Easy Finance
    PNB Housing promises to alleviate the initial financial burden of downpayment. PNB Housing can sanction and finance up to 90% of the house value (percentage funding depends upon the loan amount), implying you only have to arrange money for the remaining 10% to have a dream home finally.
  • Low Processing Fee
    The processing fee is generally a percentage of the loan amount. PNB Housing charges a low processing fee that is competitive in the market.
  • Customer-Friendly Features & Convenience
    PNB Housing home loan offers personalized doorstep services and post-disbursement services via an online customer portal and customized eligibility programs to ensure that our customers have a hassle-free loan experience.

Home Loan Eligibility Criteria

Before applying for a Housing Loan, it’s crucial to check the Housing Loan eligibility criteria. PNB Housing’s Home Loan eligibility criteria are simple for all salaried (private or government) and self-employed individuals.

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

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.

Documents Required for Home Loan

Documentation is the most crucial step in the Home Loan application process. PNB Housing follows a minimal and hassle-free Home Loan documentation process for the convenience of every borrower. The document list for getting a PNB Housing Home loan is as follows:

 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.

How to Apply for Home Loan Online?

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 PNB Housing’s customer care representatives:

  • Step 1: You have to visit PNB Housing’s “Apply for Loan” page.
  • Step 2: Enter your full name in the first option (Please use the Name mentioned in any government ID proof i.e. PAN or Adhaar card)
  • Step 3: Share your working mobile number for a PNB Housing representative to contact you
  • Step 4: Click on the options and select your loan amount range needed
  • Step 5: Submit your email address, where you want to get detailed information about the home loan application
  • Step 6: Select your current location from the options for better reachability from PNB Housing’s end
  • Step 7: Click on the box that affirms you have submitted legit details and want to receive notifications about the same before pressing the “Submit” button. You are one step closer to getting a Home Loan for your dream home with PNB Housing.

Other options to connect with PNB Housing for Home Loan requirements 

PNB housing has other quick touch points as well.

  • You can call 1800-120-8800 (Toll-Free) to connect with a customer care representative and share your home loan requirements.
  • You can also type an SMS stating PNBHFL and send it to 56161


Can a Home Loan be Transferred from One Person to Another?

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.

Can Home Loans be Taken Jointly?

You can get a shared house loan with your immediate family member if you want a bigger loan. Home loans are more likely to get approved than individual loans. 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.

Can Home Loan Tenure be Reduced?

The loan duration can be modified voluntarily at the 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 the requested loan tenure.

How Much Tax Can I Save Through a Home Loan?

Everyone’s dream is to buy a home. The Indian government has long favored 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.

What is the Best Way to Apply for a Home Loan?

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.

Can I Extend my Home Loan Tenure?

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.

How to Take Quick Approval for a Home Loan?

Follow these simple steps to ensure that your home loan is approved quickly and painlessly:

  1. Understand your financial situation.
  2. Keep your credit score as high as possible, and pay off your debts on time.
  3. Make use of the co-applicant functionality.
  4. Pay close attention to the supporting application documentation and application form.
  5. Maintain a timely response time to your lender.

How Much Time Will Home Loan Approval Take?

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.

Can I Take Two Home Loans at The Same Time?

Yes, you can have more than one property or residence. But it relies on your earnings 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.

Instant Loan in 3 minutes – Apply now