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PNB Housing
Home Loan EMI Calculator
Your EMI is
Interest amount₹ 2,241,811
Total amount payable₹ 4,241,811
PNB Housing
Amortization Chart
Amortization is paying off your loan over time in equal installments. As the term of your home loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term. This chart explains what you pay every year towards principal and interest amount

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PNB Housing
Amortization Chart
Home Loan
Interest Rate
and non professionals
and non professionals
Home Loan
Documents Required
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Loan application form (compulsory)
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Age Proof
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Residence Proof
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Income Proof: salary slips of last 3 months
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Form 16 for last 2 years
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Latest 6 months bank statement
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Other Documents such as property title, approved plan.
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Loan application form (compulsory)
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Age Proof
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Residence Proof
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Income Proof for business and ITR
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Proof of business existence
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Last 3 years income tax returns
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Accountant-certified balance sheets last 12 months bank account statement
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Other Documents such as property title, approved plan, etc.
Big Milestone of my life has been achieved. It took collective efforts of 2 generations, young and old. However, it still wasn't enough to acquire the home by ourselves. Yourself, Vivek and PNBHF team's timely entry to the situation helped us complete our home buying mission. You reached me immediately when I logged a request on your portal, documents were collected, process was explained very well and disbursement was also very convenient. Seller side was also not expecting this to be a smooth affair, but even they were surprised how smooth everything was done. I must admit, another competing bank also reached out to me offering lower ROI, however, looking at the relationship we built and your response impressed me and hence, as a reciprocal gesture, I had to get the home loan from your bank. Thank you once again. Hope to have a pleasant experience during the EMI and prepayment journey for my home loan.
“Thanks for providing excellent support and exhibiting swiftness in getting my Home Loan approved and disbursed in 5 working days. Really appreciate the efforts in making this happen in such a short time span! Hats off to the PNB HFL team.”
Thank you for the support extended for sanctioning my loan for purchase of Plot in a swift and smooth manner. Really appreciate the way things were handled and in a short span of time. I will definitely recommend you to any of my friends/well wishers looking for a home loan.
This is to place on record my appreciation for highly prompt and efficient service provided by PNB Housing Finance in not only sanctioning House loan for a property but also in timely disbursal of the first part of the loan. I would like to compliment the entire team.
Thank you very much for helping me to get a home loan and for a rapid action. I really appreciate the prompt responses and immediate delivery. I like the services and will refer to my friends who might need a home loan
I wish to express my sincerest thanks and heartiest appreciation for your great customer orientation, supportive nature and diligence which I experienced during my home loan processing.
I must say that such professionalism makes public confidence soar high in favour of PNB HFL in today’s world of stiff competition.
I would like to take this opportunity to thank you for all for your help during the loan sanctioning process across the last two weeks.
Based on my experience interacting with you over the past few weeks, I can confidently state that PNB Housing has certain unique qualities that will surely propel you forward. The strongest one being your ability to be a trusted business advisor to your customer. You have an emotional quotient that enables you to go beyond transactional relationships and this will stand you in good stead in your current job.
I especially appreciate the fact that you understood that I was travelling tomorrow and you were open to coming home so late in the night tonight to collect the required documents. In doing this, not only do you improve the bonds with your potential customer, but also you project a superior image of PNB Housing Finance
Thanking you once again for all your help and wishing you all the best in your future endeavours.
Recently I had applied for Home Loan from PNB Housing Fin. Ltd., Nagpur to purchase a flat. My case was processed very speedily & to everybody’s surprise I got the sanction letter from your company in less than two weeks.
Generally customers have a perception of PSU institutions where they feel that delay is inbuilt part of the process, but your team has negated the misconception. I want to place on record the effort taken by your team & particularly Sh. Rajesh Belsare, who even at odd hours visited my office & residence to collect the documents etc., and also helped to sort out various legalities so to process the case faster. I also saw that everybody in your office was more than eager to provide information relevant to my case and guide accordingly.
I congratulate you & your team who has shown that PSU institutions are as efficient as any professionally managed private financial institutions, to serve the customers.Abhishek Srivastava
I would like to take a few minutes to appreciate the quality of service provided by PNB HFL during our recent home loan application. There were tight deadlines with the developer and it had been a lengthy process in the past as a NRI. But, from the outset PNB HFL- Mr Devendra Singh and his team were very prompt and moved things quickly. Many documents were required and reviewed during the home loan application. But everything was done in a speedy and transparent manner. The status updates right from initial application through the underwriter’s query were helpful. While signing the final documents, branch Manager Mr Nilay Bhargava, courteously assured us of the first disbursement within a short time frame. It was a pleasure to see that his team were committed to their word and delivered the first cheque to the builder within the schedule, as promised. Mr Devendra Singh’s customer service through the whole process was quite exemplary.
I have worked with many mortgage lenders in India and the UK. The level of service and diligence experienced with PNB HFL is among the top few and it has continued through the 3rd disbursement. I will gladly recommend this team at PNB HFL to friends and colleagues.
I wish your team continued success at PNB HFL.
I would have sent this mail to the Chairmen or CEO’s of PNB Housing if I would have known their email ids’. I just want to convey my regards and thank to the entire Chandigarh PNB HFL team for their customer centricity. I am short of words while writing this email, but it will be my advocacy to recommend PNB HFL.
The bridge to connect myself to PNB Housing was Mr. Rahul Taneja and it was my first ever instance to experience any kind of loan, but Mr. Rahul Taneja took away my worries, which I used to have. His polite, polished and professional way to deal with every client is awesome and I will describe him as a true asset to the organization.
During my all interactions with the organization I could always sense a feeling of respect and value for the customer and the same was remarkable with all of my interactions with Ms. Ruchi Gupta. I really appreciate her timeliness and cooperative way to deal with a customer.
A true customer service expert Ms. Sonia, her welcoming gesture is more than a demand draft. She is undoubtedly more than prompt in replying to any email, resolving an issue or reverting any query of the customer.
Above all, Mr. Sanjai Singh guided like a guardian and not like a professional. I remember the instance when I asked him to pre-close my loan, rather than offering me lucrative deals he guided me like an elder brother
“YOU ALL HAVE HELPED ME TO MAKE MY HOME”
You are a wonderful Team. Best of Luck!!!
Home Loan
Frequently Asked Questions
What is a fixed interest rate in a home loan?
A fixed interest rate remains constant throughout the loan tenure, ensuring your EMI amount stays the same every month. With a fixed-rate home loan, you have complete certainty about your repayment obligations, making financial planning easier. PNB Housing offers fixed-rate options where the interest rate is locked at the time of loan sanction and does not change due to market fluctuations.
What does a floating interest rate mean in home loans?
A floating interest rate varies with market conditions and the lender's base rate changes. PNB Housing offers Home Loans at floating interest rates. While your EMI may increase or decrease based on interest rate movements, floating rates typically start lower than fixed rates and can result in savings if market rates decline over time.
What is the typical home loan processing fee?
Home loan processing fees typically range from 0.25% to 1% of the loan amount, with a minimum fee structure. The exact processing fee varies based on the loan amount, your profile, and the specific home loan product you choose. PNB Housing may offer reduced or waived processing fees during promotional periods or for specific customer segments.
Do banks have different home loan requirements?
Yes, different banks and housing finance companies have varying eligibility criteria, interest rates, processing fees, and documentation requirements. While basic requirements like minimum income, age limits, and credit scores are similar across lenders, the specific thresholds and terms differ. PNB Housing offers competitive terms with interest rates starting as low as 7.90%* per annum for salaried & 8.10%* self-employed individuals and customized eligibility programs.
What are the different types of home loans available in India?
The main types of home loans include:
- Home Purchase Loan: For buying ready-to-move-in properties
- Home Construction Loan: For building a house on owned land
- Plot Loan: For purchasing residential land
- Home Extension Loan: For expanding existing homes
- Home Renovation Loan: For repairs and improvements
- Balance Transfer: For transferring existing loans to better terms
- NRI Home Loan: For Non-Resident Indians
- Commercial Property Loan: For buying office spaces or shops
What factors affect Home Loan eligibility?
Key factors include:
- Age: 21-70 years at loan maturity
- Income: Minimum ₹15,000 net monthly income for salaried applicants
- Credit Score: Minimum CIBIL score of 611
- Employment: Stable employment with minimum experience requirements
- Existing Debts: Current EMI obligations affect available income
- Property Value: Loan amount typically up to 90% of property value
Which home finance is the best: Fixed or Floating interest rate?
The choice depends on your risk appetite and market outlook:
- Fixed Rate: Choose if you prefer certainty and stable EMIs, especially during rising interest rate cycles
- Floating Rate: Suitable if you can handle EMI variations and want to benefit from potential rate decreases
Currently, floating rates offer more flexibility and typically start lower than fixed rates.
What documents are required to apply for a home loan?
Essential documents include:
- KYC Documents: Aadhaar, PAN, passport, or voter ID
- Income Proof: Salary slips (last 3 months), Form 16, or ITRs (last 3 years)
- Bank Statements: Last 6 months
- Property Documents: Sale agreement, title deed, approved building plans
- Employment Proof: Employment certificate, appointment letter
- Additional: Photographs, investment proofs
What factors determine the home loan interest rate?
Interest rates are influenced by:
- Credit Score: Higher scores (750+) qualify for better rates
- Income Level: Higher income may get preferential rates
- Loan Amount and Tenure: Loan terms affect pricing
- Employment Type: Salaried vs. self-employed applicants
- Existing Customer Relationship: Banks may offer discounts
Market Conditions: Overall interest rate environment
*Disclaimer: The information provided in these FAQs is for general guidance only and may vary based on PNB Housing's current policies, terms, and conditions. loan eligibility, interest rates, tenure, and other factors are subject to change based on the prevailing company policy and regulatory guidelines at the time of application. For the most accurate and personalised information, we encourage you to consult directly with a PNB Housing loan specialist.
- a. As regards deposit taking activity of the Company, the viewers may refer to the advertisement in the newspaper/ information furnished in the application form for soliciting public deposits.
- b. The Company is having a valid Certificate of Registration dated 31.07.2001 issued under Section 29A of the National Housing Bank Act, 1987. However, the Reserve Bank of India or the National Housing Bank does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/ discharge of the liabilities by the Company.
- c. Terms and conditions apply. All loans are at the discretion of the Company. Other fees and charges are applicable. For further details, refer website of the Company, www.pnbhousing.com | CIN: L65922DL1988PLC033856.