Loan Against Property (Mortgage Loan) Interest Rates

Loan Against Property

Interest Rate

Note: The below mentioned Interest rates and Floating Rates

Credit score(any loan amount)	Loan Against Commercial Property	Loan Against Residential Property (LAP)	Loan against Plot/ Loan against Special Property* (Residential/Commercial)	NHL Fixed/ Fixed + Floating *
>=825	9.25% to 9.75%	9.25% to 9.75%	9.25% to 9.75%	10% to 11%
>800 to 825	10.1% to 10.6%	10.1% to 10.6%	10.1% to 10.6%	10.25% to 11.25%
>775 to 799	10.5% to 11%	10.5% to 11%	10.5% to 11%	10.5% to 11.5%
>750 to <=775	11.00% to 11.5%	11.00% to 11.5%	11.00% to 11.5%	10.75% to 11.75%
> 725 to < =750	11.3% to 11.8%	11.3% to 11.8%	11.3% to 11.8%	10.75% to 11.75%
> 700 to <= 725	11.75% to 12.25%	11.75% to 12.25%	11.75% to 12.25%	10.75% to 11.75%
> 650 to <= 700	12.00% to 12.5%	12.00% to 12.5%	12.00% to 12.5%	11.25%to 12.25%
upto 650	12.00% to 12.5%	12.00% to 12.5%	12.00% to 12.5%	11.25%to 12.25%
NTC Cibil >=170	11.75% to 12.25%	11.75% to 12.25%	11.75% to 12.25%	11.25%to 12.25%
NTC Cibil >=170	12.00% to 12.5%	12.00% to 12.5%	12.00% to 12.5%	11.25%to 12.25%

Fixed Rate for Non-Home Loan – 15.25%

For NHL Fixed or Fixed + Floating rates

a. Lifetime Fixed: This plan ensures a fixed rate for the loan tenure.

b. Three-Year Fixed, then Floating: This plan offers a fixed rate for the first three years, after which it will be converted to a floating rate as per the sanction norms.

All terms are subject to applicable regulations and internal guidelines.

*Special property is defined as Educational Institutes/Hotels/Schools/Hospitals/Industrial sheds.

*Rates of interest are subject to change at the sole discretion of PNB Housing.

**NTC: New to credit

* The above rates of interest are subject to change at the sole discretion of PNB Housing

PNB Housing offers floating rate of interest, linked to its benchmark rate PNBHFR

PNBRRR (Retail reference rate) for all New Loans (Housing/ Non Housing) – on boarded after May 09, 2022 – 12.65% p.a.