Lease Rental Discounting (LRD) Loan Interest Rate

Lease Rental Discounting

Interest Rate

Note: The below mentioned Interest rates and Floating Rates

Credit Score (Any loan amount)	Lease Rental Discounting (LRD)	NHL Fixed/ Fixed + Floating *
>=825	9.25% to 9.75%	10% to 11%
>800 to 825	10.1% to 10.6%	10.25% to 11.25%
>775 to 799	10.5% to 11%	10.5% to 11.5%
>750 to <=775	11.00% to 11.5%	10.75% to 11.75%
> 725 to < =750	11.3% to 11.8%	10.75% to 11.75%
> 700 to <= 725	11.75% to 12.25%	10.75% to 11.75%
> 650 to <= 700	12.00% to 12.5%	11.25%to 12.25%
upto 650	12.00% to 12.5%	11.25%to 12.25%
NTC Cibil >=170	11.75% to 12.25%	11.25%to 12.25%
NTC Cibil <170	12.00% to 12.5%	11.25%to 12.25%

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.

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

**NTC: New to credit

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 9, 2022 – 12.65% p.a.