Now PNB Offers Personal Loans for its customers. Now its customers can take personal loans from the Punjab National Bank with the lowest interest rates. PNB Bank is offering personal loans for the public of up to 20 lakhs, And this Bank gives enough time to repay this loan amount.
You can Repay the PNB Bank Personal Loan amount in 72 months. And also you can convert your loan amount into small EMIs. But there are some eligibility criteria for PNB Personal Loan. If you fulfill the eligibility criteria for a PNB Bank Personal loan, after that you will get a loan from the Punja National Bank. Here I have given all the important information regarding the PNB Personal Loans. First of all, let’s know about the features of Punjab National Bank Personal Loans.
PNB Personal Loan Features & Benefits
The Features of PNB Personal Loans are given below in the lists.
- First of all, You can take a big amount of up to 20 lakhs from the PNB Bank under the Personal Loan scheme.
- You will get too much time of up to 72 months to repay loan amounts.
- PNB Bank takes low processing fee of just 1% of your loan amount.
- PNB Bank does not take any repayment charges from its customers.
- Low Interest Rate Starting from 12.40%
PNB Bank Personal Loan Eligibility Criteria
See PNB Bank offers three types of Personal loans. First of all, PNB Bank offers Personal loans for the public, second offers personal loans for doctors, and third offers personal loans for pensioners. So the eligibility criteria will be different according to your category. Here I have given the eligibility criteria according to your loan type:
- Your Age should be between 21 to 60 years.
- You should be a permanent Personnel such as an official of Paramilitary Forces, or other Government Officials.
- You must be a Government Employee of the State or Central Government or Any PSUs.
- You should have a minimum of three years of Experience in your current job or work.
- If you are a doctor then your annual income should be at least 4 lakhs or more.
Read Next- Know Everything about the HDFC Bank Personal Loans.
Required Documents For PNB Personal Loans
Here I have given the list of Required Documents that is asked by the Punjab National Bank of Personal Loans:
- Fully Completed Loan Application Form with your Latest Photographs.
- Form 16 or Your Latest Salary Slip.
- Your Identity Proof such as an Aadhar Card, Passport, Driving License, and Voter ID Card.
- PAN Card
- Bank Account Statement
- Income Tax Return For the last three Financial years.
- And Other Documents asked by the bank officers.
Read Next: Know Everything About the RBL Bank Personal Loans.
PNB Personal Loan Interest Rate
The Punjab National Bank takes a minimum interest rate of 12.40% annually for the Defense officers. Where PNB Bank takes interest rates between 12.75% and 15.25% from Government Employees, however, it is important to note that The interest rate of a PNB Personal Loan varies according to your credit score, loan amount, Tenure Time, and many other things. Here I have given the interest rate below in the table;
| Profession | Interest Rates |
| Loan For Defense/ Para Military Personals | 12.40% |
| Government Employees | 12.75% To 15.25% |
| Corporate Employees | 13.75% To 17.25% |
| Under Check Off Facility Employees | 15.25% To 17.95% |
| Self Employed | 13.75% To 14.75% |
| Doctors | 12.40% |
How To Apply For PNB Personal Loans?
You can apply Punjab National Personal Bank loan from the official website of PNB. And also you can visit the nearest branch of PNB Bank, and apply from there. If you faces any kind of problem during applying personal loan from the PNB Bank. You can contact with the PNB Bank loan support team. ANd they will help you to complete your loan application. The PNB Bank loan helpline number is 1800 1800 or 1800 2021/.
Read Next- Check Your PNB Bank Personal Loan application Status online.
Conclusion
Hello Friends, Today in this article I have given information regarding the Punjab National Bank personal loan including rate of interest, required documents, eligibility criteria, and other important information. If you find this article helpful, you should spread with your friends and family. Thank You.
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