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What are
Roshni Home Loans
PNB Housing Finance has launched a new affordable home loan scheme – Roshni Home Loans – in line with its long-term vision of empowering and supporting an individual’s dream of owning a home. PNB Housing Finance Ltd aims to provide newer hopes and opportunities to customers with Roshni Home Loans. As a result, whether loan applicants are new to credit, self-employed with informal income from a low/middle income group with a monthly household income as low as INR 10,000, and have serious intentions to repay, Roshni Home Loans aids them in solving eligibility barriers.
Salient Features and Advantages:
Home Loans ranging above INR 5 Lakhs
Attractive rates of interest
Minimal formal income documentation
Lower EMIs with up to 30 years of tenure
Trusted and reliable brand with over 35 years of experience
Tailored eligibility to meet your needs
PNB Housing Roshni Home Loan
₹
2,000,000
8.50%
%
30
Years
₹
₹ 1 L
₹ 5 Cr
%
9.25%
15%
Years
1 Year
30 Year
Your EMI is
₹17,674
Interest amount₹ 2,241,811
Total amount payable₹ 4,241,811
₹
10,000
10.50
%
30
Years
₹
0
Your Monthly EMI
₹5,000
Eligible Loan Amount ₹565,796
Roshni Home Loans
Eligibility Criteria
At PNB Housing, we have relaxed eligibility criteria for Roshni Home Loans. You can also check your eligibility using the home loan eligibility calculator.
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A salaried employee of local and stable business entity. The employer’s company can be a sole proprietorship/partnership/private limited/limited company/trust, among other things.
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A self-employed person with informal income from a low/middle income group, with a households earning as low as INR 10,000. This also applicable to combined income when there is a co-applicant.
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At the time of loan maturity, you should not be older than 70 years old.
Roshni Home Loans
Frequently Asked Questions
How do I know if I’m eligible for Roshni Home Loan?
Roshni Home Loan eligibility is designed to support individuals from low and middle-income groups. Any salaried or self-employed person aged 21–65 years, with a stable income, can apply. Even those with an informal or no prior credit history can qualify for the PNB Housing Roshni Home Loan scheme, making home ownership more accessible.
How much loan amount can I get under Roshni, and how is it decided?
Under the Roshni Home Loan scheme, borrowers can avail of home loans ranging from ₹5 lakhs to ₹50 lakhs, depending on their income level, repayment capacity, and property value. PNB Housing offers up to 90% funding of the property’s market value, ensuring better affordability and flexibility for first-time home buyers under the Roshni Home Loan scheme.
What are the interest rate & tenure options under Roshni Home Loan?
The Roshni Home Loan interest rate starts at 10.50% p.a. for salaried and 11.50% p.a. for self-employed borrowers. The loan tenure can extend up to 30 years, allowing applicants to enjoy more affordable EMIs and improved repayment flexibility.
Can I get Roshni Home Loan without filing ITR / with informal or cash income?
Yes, PNB Housing Roshni Home Loan is designed especially for those with informal or cash income. Even if you don’t file ITR, you can still qualify based on alternative income proofs, such as business records, cash flow, or household earnings. The focus of Roshni Home Loan scheme is to remove eligibility barriers for genuine borrowers.
Can I prepay my Roshni Home Loan, and will there be any charges?
Borrowers can prepay or foreclose their Roshni Home Loan either partially or fully before tenure completion. PNB Housing typically offers minimal or no prepayment charges for loans with floating interest rates, enabling customers to reduce their interest burden and close their loans sooner without extra financial strain.
What processing fees apply for Roshni Home Loan?
The Roshni Home Loan processing fee is competitive and transparent. It is generally charged as a small percentage of the approved loan amount and helps cover administrative and verification costs. Applicants are informed of the exact processing fee upfront during the loan application process.
Which cities / locations is Roshni Home Loan available in?
The Roshni Home Loan is available Pan-India, with a strong presence across Tier 2 and Tier 3 cities. PNB Housing’s widespread branch network and doorstep service model ensure that customers can easily access its benefits.
What are the criteria (documents, income, age) needed to get Roshni Home Loan?
To apply for Roshni Home Loan, applicants must:
- Be aged between 21 years (at the time of applying for the loan) and 70 years (at the time of loan maturity).
- Have a stable income – salaried or self-employed.
- Provide basic KYC and property documents.
- Submit minimal income proof, even for informal earnings.
The simplified Roshni home loan eligibility criteria make it easier for low and middle-income families to become homeowners.
*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.