👉 About the bank

Punjab national bank, commonly recognized as PNB, is one of India’s well known public sector bank. The bank started its operations in the year 1895 and presently it has more than 5000 branches and over 6000 ATM’s in various cities across the country. PNB is a state-owned corporation known for offering personal, social, agricultural, international and corporate banking services. Punjab National Bank has received several prestigious awards like “golden peacock business excellence award”, “most valuable Indian brand” etc.

👉 Punjab National Bank Personal Loans

Among its many services, Punjab National bank is known for offering the best Personal Loan to satisfy the personal needs of all the individuals. Personal loans at PNB are available for salaried, self-employed individuals including defense personnel and professionally qualified doctors having a relationship with the bank and pensioners drawing their pension through any of the PNB branches in the country. The bank also offers personal loan to LIC agents who receive a regular commission from LIC of India and maintain accounts with the branch of PNB. So, if you are looking for funds for home renovation, family’s vacation or for meeting personal financial requirements like marriage expenses, foreign travel or any other miscellaneous expenses, PNB personal loans will fulfill every financial need of yours.

👉 Why Choose PNB Personal Loans? 

You should choose a PNB personal loan due to the below-mentioned advantages associated with it-

  • Multipurpose loans: You can use the personal loan PNB amount pretty much for any genuine purpose.
  • Minimum Documentation:  The PNB personal loan requires only a few basic documents to approve your much-needed personal loan.
  • No security/collateral:  You do not need to pledge a security /collateral  to avail a PNB personal loan.
  • Easy repayment options: You can decide to pay PNB personal loan emi with easy and multiple payment options as per your convenience. These options include   auto debit, online payment, ECS, PDCs and so on.

Features and Benefits of PNB personal loan

👉 Feature and Benefits of Punjab National bank Personal Loan:

Punjab National Bank has attractive features and benefits from easy loan approval to higher loan amount with flexible loan tenure. Punjab National Bank provides personal loans with unmatched features and benefits as follows:

  • No restriction on end use of the loan amount as it is a MULTIPURPOSE LOAN
  • Attractive rate of interest
  • Flexible repayment option
  • Loan can be availed for various personal requirements
  • Minimal paperwork
  • Quick processing & disbursal
  • No hidden charges
  • Discounted schemes for existing customer’s

Punjab national bank personal loan eligibility or Punjab national bank personal loan interest rates can be easily assessed through Afinoz. If there is any query about Punjab national bank personal loan application, you should log on to or call us at +0120-411-0376 or mail us at and get all loan details quickly.

PNB Personal Loan Eligibility Criteria & Document Requirement

👉 PNB Personal Loan Eligibility Criteria

Any Indian citizen having a residual income and the ability to repay the loan is eligible for Punjab National Bank personal loans. Eligibility of personal loans in PNB depends upon various factors as follows:

  • All permanent Defense Personnel including officials of Military Station Headquarters, Border Security Force, Central Reserve Police Force, Central Industrial Security Force, Indo Tibetan Border Police, etc. are eligible for PNB personal loans. However, Defense Personnel, who are due for retirement within the next 24 months, may not be eligible.
  • Confirmed/permanent employees of Central/State Govt. /PSUs and all reputed companies/Institutions including Schools, Colleges, Universities, autonomous bodies, Hospitals/Nursing Homes, who are either drawing their salary through accounts maintained with PNB branches are eligible candidates for Punjab national bank personal loan.
  • Professionally qualified practicing Doctors viz., MBBS, BDS having an annual income of Rs.4 lakhs and above and have been paying tax since 3 years are also eligible to get a loan from PNB.
  • Quantum of Punjab National Bank personal loan:
    • Minimum loan amount Rs.50,000
    • The maximum loan amount for all borrowers is Rs. 4 lakhs or 20 times the monthly net salary whichever is lower subject to the minimum net monthly salary as under:
      • Metro Centers : Rs.15,000
      • Urban Centers : Rs.12,500
      • Semi-Urban/ Rural Centers : Rs.10,000
    • And Rs. 5 lakhs or 20 times monthly net salary whichever is lower for those Salaried persons having completed service of 3 years in the present organization and drawing a net monthly salary of not less than Rs.30,000 per month.
    • For employees drawing salary through Punjab national bank and completed 3 years of service in the present organization: Max. Rs.10 lakhs or 20 times of net monthly salary for a loan up to Rs.5 lakhs and 15 times of the net monthly salary for loan above Rs.5 lakh and up to Rs.10 lakh Subject to a Minimum Net monthly salary as under:
      • Metro Centers : Rs.50,000
      • Urban Centers : Rs.40,000
      • Semi-Urban/Rural Centers : Rs.30,000
    • For teachers and Defense personnel minimum net monthly income should be Rs.7,500 at all Centers.
    • For pensioners, the minimum loan amount that can be availed is Rs.25,000
  • Maximum Loan amount:
    • Age up to 70 years: Rs. 10 lakhs or 18 times of net monthly Pension (For Defense pensioners, 20 times net monthly pension), whichever is lower.
    • Age above 70 years and up to 75 years: Rs 7.50 lakhs or 18 times their net monthly Pension (20 times in case of Defense Pensioners), whichever is lower;
    • Age above 75 years: Rs. 5 lakhs or 12 months of pension amount, whichever is lower
  • Age limit: Required age of the salaried applicant for PNB personal loan application is 21 years to the maximum of 58 years at the time of loan maturity whereas for self-employed individuals the age bracket ranges from 21 to 65 years.
  • Years in job/profession: Salaried and Self-employed individuals should have minimum of 2 years of job or professional continuity.
  • Guarantor: For salaried and self-employed individuals suitable third party guarantee is acceptable whereas, for pensioners, a guarantee of spouse eligible for a family pension to be obtained or guarantee of earning children (preferably Government Employee) or third party guarantee with net means equal or more than loan amount is acceptable by Punjab National Bank.
  • Eligibility and EMI calculator: Now, you can easily evaluate and calculate your Punjab National bank personal loan eligibility and Punjab National bank personal loan EMI amount using utility tools like personal loan eligibility calculator and personal loan EMI calculator at These calculators will help you to determine your EMI outflow every month including the interest rate you will need to pay. Using the calculator at is free, easy and simple.
  • CIBIL score: Credit score is an important factor for approval of your loan. Usually, an applicant’s creditworthiness is determined by evaluating his credit score i.e. CIBIL / EXPERIAN score. Loan applications of applicants having poor credit score may get rejected. It’s always advisable to keep on updating your credit score every now and then. If you have a bad credit score and somehow your loan application gets approved, you might be asked to pay a high rate of interest and be offered unfavorable terms and conditions on your loan as compared to someone who has an excellent credit score.

👉 Punjab National Bank Personal Loan Documents Required:

For obtaining the maximum amount of personal loan from Punjab National Bank, a borrower should produce the following documents according to their business profiles as follows:

Documents required for Punjab national bank personal loan

Salaried applicant

Self-Employed applicant

Loan application form with passport size photographs

Loan application form with passport size photographs

Id proof with a unique identification number in case of military/ Paramilitary personnel

Id proof with a unique identification number in case of military/ Paramilitary personnel

Educational qualification proof

Educational qualification proof

Age proof

Age proof

Proof of official address and residential address

Proof of official address and residential address

Income proof

Income proof

Latest salary slip

IT returns for the last three financial years

Form 16, duly authenticated by the employer

Latest bank statement

Apply for Punjab National Bank personal loan online at You can call us at 0120-411-0376 or email us at can check your eligibility and tentative EMI for Punjab National Bank personal loan using our utility tools like personal loan eligibility calculator and personal loan EMI calculator. We assure you of our best services without any hassle and effort at the click of a button from the comfort of your home or office. Once you complete and submit your Punjab National Bank loan application through, you can effortlessly track your loan application status on our website on a real-time basis, 24x7.

Interest Rate & Charges

Punjab national bank personal loan interest rates, 2019

General-Interest Rates

For salaried :- 12% to 16%


12 to 60 months

Processing Fee

1.80% of the total loan amount for salaried and self-employed applicants 
NIL processing charges for pensioners

Prepayment charges


Document charges

For upto Rs. 2 lakhs it is Rs. 270

Above Rs. 2 Lakhs it is Rs. 450

For pensioners it is Rs.500

Special Note: Rates are subject to periodic change . Personal loan interest rates in Punjab National Bank and other fees and charges are subject to regular review and can vary from customer to customer depending upon a number of factors ranging from credit score, to existing loans, amount of savings, company with which you are currently employed, number of years of relationship with Punjab National bank etc.

👉 PNB Personal Loan Fees and Charges 

  • The PNB personal loan interest rates start from MCLR+3.55 %
  • The processing fee charged for an  Punjab National personal loan is 1.8 % of the loan amount , plus the applicable taxes
  • No prepayment charge is levied if you want to make prepayments for an PNB personal loan
  • Punjab National Bank personal loan  facilitates flexible loan repayment tenures starting from 12 to 60 months.
  • You can avail a PNB personal loan   of as low as Rs 50000.

Please note that the figures mentioned above are subject to periodic changes, as deemed fit to the bank.

👉 PNB Personal Loan EMI Calculator 

The personal loan EMI calculator at can be a great help if you want to know your PNB personal loan emi accurately. An EMI calculator is a useful tool that assists a borrower to calculate the personal loan EMI, the breakup and the amortization table. An evaluation of these important parameters provides a transparent picture to you and empowers you to make an informed decision regarding the affordability of your PNB personal loan. By feeding the inputs (loan amount, loan tenure and PNB personal loan interest rate) properly on the Afinoz personal loan EMI calculator, you can even decide on an exact EMI amount that you can repay comfortably over your loan tenure. This saves you from straining yourself financially and helps you to avoid financial distress later on.

👉 Punjab National Bank Personal Loan Customer Care

In case of any query you have at any stage of your PNB personal loan application process, the well-trained and experienced customer support team of Punjab National Bank Personal Loan will be there for you any time you want, round the clock. You can call at the PNB Personal Loan Toll Free No 1800 180 2222 or 1800 103 2222 at your own convenience. The PNB personal loan customer care number is just what you need in case of any doubt and no visit to the bank is required at all on your part. All your queries will be answered by the experts at PNB Customer Care.

Why Afinoz?

👉 What is Afinoz? is India's topmost online financial marketplace for availing loans and investments. Our main objective is to make the process of getting a loan or making an investment safer, convenient and hassle-free for individuals. We work with public and private banks, NBFCs and mutual fund houses across the entire country and offer an unbiased quotation on financial products. You can contact our team to get more information or apply for a loan or investment by calling on +0120-411-0376 or by emailing at provides solutions which are quick, reliable, transparent, confidential and above all free.

👉 Why should you apply for Punjab National Bank Personal Loan through is one of India's leading personalized financial marketplace. It has created a personal loan platform which lets you choose the best personal loan from the multiple options available to you. All the options are system generated taking into consideration your specific needs and requirements.

  • Instant Approval – Once you fill in and submit the application form along with the mentioned documents, you will get your e-approval within 2 to 3 days.
  • Real-time application tracking – Keep track of the application status in real-time with a unique transaction id which is generated at the time of loan application submission. We ensure that all the applicants are kept informed about their application process at each step via SMS and emails.
  • Online eligibility check - Do all your dealings with the bank online. Provide your basic information and our online personal loan eligibility calculator will let you know the amount of loan you are eligible to borrow from Punjab National Bank for your personal financing.
  • Secure Environment - has built-in security for your personal information which is stored in a secure environment in our system with your consent. This information is then sent to the bank in an encrypted format digitally and is very secure.
  • 24/7 Customer Service - At any stage of the process if you have any query or seek any financial advice, our experienced and well-trained customer service team will offer the best financing/investment solutions to your problems. So there's no need for you to waste time and make multiple trips to the bank to discuss loan specifications with bankers.
  • No third-party agent online loan application process is absolutely free. Through Afinoz one can directly approach multiple banks online without involving any agent and therefore avoiding unnecessary delays and hassles.
  • Free quotations – Get online deals on Punjab National Bank personal loan and free unbiased quotes of the best personal loan rates. All you have to do is select the loan amount you want to borrow and the tenure of the personal loan. You will get a targeted online quote within minutes of application.

👉 How to apply for a PNB Personal Loan on

The efficient online platform of Afinoz has digitized and simplified the procedures related to PNB personal loan application.  Before your personal loan apply, you should check the following-

  1. Check your PNB personal loan eligibility with the personal loan eligibility calculator at Simply visit, fill in some basic details and get your instant assessment from the Afinoz personal loan eligibility calculator.
  2. Check your PNB personal loan interest emi with the personal loan EMI calculator at This will help you to know the exact amount you need to pay every month towards the repayment of your Punjab National Bank personal loan.
  3. Check the documentation for PNB personal loan .Whether you are salaried or self-employed, applying with the proper set of documents will enhance your chance of approval.

For salaried individuals, valid documents related to proof of identity, proof of residence and proof of income/salary are required.

For self-employed individuals, valid documents related to office address, proof of business continuity and business ownership are required, in addition to the documents mentioned above.

Compare PNB Personal loan with other banks

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Query-What is the maximum loan amount obtained from Punjab national bank personal loan?

Reply- Punjab National Bank can provide a minimum loan amount of Rs.50,000 up to the maximum amount of Rs. 5 lakhs as per your needs and your eligibility.

Query- Is prepayment available for Punjab National Bank personal loan?

Reply-Yes, prepayment is available for Punjab National Bank personal loan and there are no prepayment charges.

Query-What is the maximum loan tenure for Punjab National Bank personal loan?

Reply-Punjab national bank personal loan tenure ranges from 12 to 60 months.

Query-Is security required for Punjab National Bank personal loan?

Reply- No collateral or security is required for Punjab National Bank personal loan but the applicant can provide suitable guarantors which are acceptable to the Bank.

Query- Is there a processing fee charged by Punjab National Bank on the personal loan?

Reply-Yes, a small processing fee of 1.80% of the total loan amount is charged by the bank to the borrower.

Query-How much interest is charged by PNB on a personal loan?

Reply-Punjab National Bank personal loan interest rates range from 12.25% to 15.25%.

Query-How much time will it take for my Punjab National Bank personal loan to get approved?

Reply- If all of your documents are up-to-date and you have by-passed the bank’s eligibility criteria, then you can expect to get your loan approved within 3 to 4 working days from date of loan application submission.

Query- How important is my credit score for getting a personal loan from axis bank?

Reply- Your credit score is an important criterion for approval of the axis bank online personal loan. The bank determines your creditworthiness by evaluating your CIBIL /EXPERIAN score. It is recommended that you should make constant efforts to improve your credit score and keep on updating the same. If you have a poor credit score, your axis bank personal loan application may get rejected. Even if it gets approved somehow, you may be offered unfavorable terms in comparison to borrowers with excellent credit scores. For more details, you can do an axis bank login or call at the axis bank customer care number.

Query-  For what purpose can I use the axis bank personal loan?

Reply- Axis bank personal loan offers the most flexible personal loans as per the requirements and needs of the borrowing individuals. The axis bank online personal loan can be availed pretty much for any genuine credit need of yours including but not limited to wedding expenses, educational expenses, emergency medical needs, travel expenses and so on. You can get a personal loan from axis bank very easily with attractive axis bank personal loan interest rates.

For any query about Punjab National Bank personal loan application, you can log on to or give us a call at 0120-411-0376 or mail us at


Few day Ago I come across for Personal Loan Requirement. I was looking for Personal Loan from a Public Sector Bank Specially Punjab National Bank because this is nearest Bank from my home. So I seen all Personal Loan information at here in very effective way. Thanks to team Afinoz for highly useful information.
Rated- 4.0/ 5 Review By - Sachin
I Parnika Sharma, I was looking for Personal Loan and then come across to Afinoz Personal Loan and then visited to see more info about PNB Personal Loan and at this PBN Prersonal Loan page I got all info which I was looking. Thanks to team Afinoz for there hard work for providing all info at a single platform
Rated- 3.5/ 5 Review By - Parnika Sharma
The process of getting a personal loan from Punjab National Bank is smooth and easy. I had applied for a personal loan of Rs. 1.5 lakh. Rate of interest they charged on my loan was nominal. I didn’t face any issues throughout the process and I received full help from customer support executive.
Rated- 4.8/ 5 Review By - Abhishek jha
I have been holding personal loan with Punjab National Bank. I was offered exactly the same loan amount I applied for, and the process was quick I got the loan into my bank account in 1 week only. The rate of interest they charged me was nominal, I negotiated the interest rate they were offering initially. Processing fee they charged me was also nominal.
Rated- 5/ 5 Review By - Vivek
Punjab National Bank personal loan is quite hassle free and fast. They ask only for the documents they have mentioned. I got the loan amount credited into my bank account within 5 days. I was charged reasonable interest rate and nominal processing fee for my PNB personal loan.
Rated- 4.0/ 5 Review By - Sandhaya kumari
I applied for a PNB personal loan of Rs. 3 lakh 2 weeks ago. Although the process seemed a little slow initially, after approval I got the loan credited into my bank account in just 3 days.
Rated- 3.9/ 5 Review By - Aditi Sharma
Being a PNB customer, I had no problem at all to get a PNB personal loan of Rs. 270000. Rate of interest applicable on my personal loan was lesser than other banks’ interest rate. Thank you PNB for providing me a simple and fast personal loan!
Rated- 3.5/ 5 Review By - Shekhar