PNB Housing Finance Limited Loan Against property

PNB Housing Finance Limited

PNB Loan Against Property 

You can easily avail Loan against your property from PNB at the comfort of your home. The interest rate for PNB Loan against property starts from 10.5% onwards. It is a leading finance company in India providing Home Loan and Mortgage Loans across all leading cities of India like Jaipur, Delhi.

Click here to Apply.

PNB Loan against property Interest rates


Loan against commercial property

Loan against residential property (LAP)

Lease Rental Discounting (LRD)

Floating Rate






Loan against Plot/ Loan against Special Property* (Residential/ Commercial)

Loan for purchase of non-residential property (NRP)

Floating Rate




PNB Housing Finance

PNB Housing Finance Limited (PNBHFL) is a 30 years old public sector housing finance company (HFC), headquartered in New Delhi with branches in major cities across India. The company is promoted by Punjab National Bank and is registered with National Housing Bank (NHB).The company provides housing loans & loan against property as a part of its product portfolio and also holds the license to accept public deposits.

It has branches across all major urban centres like Jaipur, Delhi.

PNB Loan against property EMI Calculator

Click here for the PNB loan against property EMI calculator.

Purpose of PNB Loan against property (Mortgage Loan)

This type of loan can be used for both Business & Personal needs and hence can be availed by both Salaried and Self employed individuals. Purpose could be any like Business Growth, Education, Medical emergency, Marriage etc

Eligibility for PNB Loan against property

  • Personal Needs (Salaried) - Employees of Central/ State Govt./ Schools/ Colleges/ Public Sector Undertakings (PSUs)/ Reputed Corporates and Other Income Tax Assesses, who are below the age of 60 years.
  • Business - Enterprise : Existing customers with a satisfactory track record of three years (cash profits during last three years and net profit in the immediately preceding year)
  • PNBHFL Offices are present in almost all Metro cities like Delhi, Mumbai, Bangalore, Jaipur etc.

Income Criteria for PNB Loan against property

  • For Salaried and other income tax assesses: Minimum net monthly salary of Rs.10,000/- for last three years (salaried class) or minimum net annual income of Rs.1,20,000/- (for other income tax assesses).
  • For Business Enterprises: Minimum Net annual income/ Net Profit of Rs.120000/- and above.

Quantum of Finance for PNB Loan Against Property

  • For Personal needs: Rs 1.00 lac to Rs 25.00 lac.
  • For Business needs : Rs. 5.00 lac to Rs. 500.00 lac.

Assessment of Limit for PNB Loan Against Property

  • The assessment of limit will be carried out keeping in view three parameters as under and limit shall be fixed least of the followings:
  • Maximum 75% of the realizable value of the property
  • Maximum three times of Annual Gross Income /Gross Profit, whichever is lower (In case of Term Loan).
  • Maximum Four times of Annual Gross Income /Gross Profit, whichever is lower (In case of overdraft).


Equitable Mortgage of the unencumbered residential House/Flat or commercial or industrial property (in the shape of building/ Industrial Shed) self-occupied or vacant

Repayment (Maximum)

Loan amount together with interest to be repaid in maximum 120 Equated monthly instalments (EMI) OR upto the age of 65 (applicable in case of Individual/ Sole Proprietorship), whichever is earlier.

In case of facility sanctioned in shape of Overdraft facility allowed on Monthly Reducing Drawing Power basis, Drawing Power be reduced every month to the extent of the principal component of the EMI calculated on full sanctioned limit by system itself.

Go for it