PNB Home Loan Apply Process: Who doesn’t dream of having their own dream home? Today, many banks offer home loans to help people get their own homes. Punjab National Bank is the largest bank in India. Which gives loan to the customer in different ways. This bank provides loans as per the needs of its customers and that too at low interest rates. If you also want to apply for PNB home loan to buy a house, then read this article completely, in the article you are given complete information about PNB home loan.
Punjab National Bank is a bank known for its cheap interest rate home loans. Today we will tell you how you can apply for a home loan from Punjab National Bank, what will be the interest rate, how much home loan can be availed and how long this loan has to be repaid and what documents will be required for this loan etc. We will tell you all the information about
Types of PNB Home Loan
- Home Purchase Loan
- Home Improvement Loan
- Home Construction Loan
- HOME LOAN FOR NRI
- PNB Housing Finance Residential Plot Loan
- PNB HFL Roshani Home Loan
Details
Here is the table with the rows in a new order:
| Process | Online/Offline Both |
| Beneficiaries | All Punjab National Bank Customers |
| Purpose | To provide information about home loan |
| Official Website | https://www.pnbindia.in/ |
Benefits of PNB Home Loan
When you apply for a PNB home loan, you are given this loan for a period of 30 years, so you can get this loan at a very low interest rate. PNB Bank offers you good loans with less processing. If you also want to take PNB Home Loan, you can apply both online and offline. So, let us now know more detailed information about this loan.
Documents Required
You can take not one but many types of home loans from Punjab National Bank and for these you should have different documents, such as
Documents for loan on developer property:
- Builder-buyer agreement
- Permission to mortgage from the concerned authority
- Allotment letter
- Payment receipt
For Salaried People
Income proof:
- Salary slip of last 3 months
- Recent bank statement of last 6 months
- Form 16 of last 2 years
For age certificate:
- PAN card
- Passport
For address proof:
- Aadhar card
- Ration card
- Water ID card
- Driving license (any one of these)
Eliblity
Eligible people taking home loan from Punjab National Bank must first fulfill the eligibility criteria set by the bank, such as:
- The applicant should be an Indian resident.
- Age should be between 21 to 70 years.
- The monthly income of the applicant should be 15,000 or more.
- Credit score should be 611 and above.
- Credit score should be good.
- The record of repayment of the previously taken loan should be good.
- The employed person should have 3 years of work experience.
PNB Home Loan Apply Process
Online Process
- Visit website: Go to the official website of PNB Bank.
- Select products option: Go to the products option on the home page and click on Home Loan.
- Select loan scheme: Click on Apply Now below the loan scheme.
- Select loan type: Apply for Retail Loan and click on Retail Loan.
- Select loan type: Click on the option of Housing Loan.
- Fill the form: Fill all the information in the application form and click on Proceed.
- Submit application: After submitting the form, the bank will contact you and tell the further process.
- Follow the process: Follow the entire process told by the bank and get a home loan.
Offline Process
If you want to apply offline for a home loan from Punjab National Bank, then you have to go to a branch of Punjab National Bank. you should
Go there and fill the home loan application form and submit it along with the necessary documents. The bank manager will forward your application further. Your loan will be approved after your loan application is verified. And the money will be deposited in your account.
Conclusion
PNB Home Loan Apply Process, Getting a home loan from Punjab National Bank (PNB) is a simple and discreet process, with the benefits of low interest rates and long tenure. PNB offers various types of home loans to customers, such as home purchase, improvement, construction and NRI home loans. To get a loan, applicants need to fulfill the required eligibility criteria and documents. You can apply for a loan both online and offline. PNB’s loan process is fast and professional, helping customers to get their dream home. PNB Home Loan is a great option to make your home dreams come true.
