10 Lakh Home Loan PNB

Owning a home doesn’t have to be a distant dream. Punjab National Bank’s 10-lakh home loan scheme makes it easier than ever to turn your aspirations into reality. With competitive interest rates, flexible repayment options, and minimal processing fees, PNB empowers you to unlock the door to your own haven.

10 Lakh Home Loan Highlights for Punjab National Bank

• Loan amount: Up to Rs. 10 lakh
• Competitive interest rates
• Flexible repayment tenure (up to 30 years)
• Minimal processing fees
• Simple documentation

Feature	Benefit
Loan Amount	Up to Rs. 10 lakh
Interest Rates	Starting at 6.95% (subject to change)
Repayment Tenure	Up to 30 years
Loan Processing Fee	Up to 0.35% of loan amount (minimum Rs. 2,500)
Prepayment Charges	Nil for floating rate loans, applicable for fixed rate loans

10 Lakh Home Loan EMI Options for Punjab National Bank

10-Year Tenure: Enjoy lower monthly installments with a shorter repayment period. For a 10 lakh loan, your EMI would be approximately Rs. 11,355, making it easier to manage your monthly expenses.

20-Year Tenure: Opt for a longer tenure for more comfortable EMIs. With a 20-year term, your monthly payments would be around Rs. 7,456, offering greater flexibility in your budget.

Choose the tenure that best suits your financial situation and make your dream home a reality.

10 Lakh PNB Home Loan Fees and Charges

Processing fee: 0.35% of loan amount (minimum Rs. 2,500). The loan to value ratio is 80% and interest rates range from 6.95-7.75%. Besides processing fees, you may incur charges for documentation, valuation, and insurance.

However, PNB offers competitive rates and minimal prepayment charges, making it a cost-effective option.

10 Lakh PNB Home Loan Documents Required

The application process is streamlined, requiring standard documents like KYC proofs, income proof, property documents, and bank statements.

• KYC documents (PAN, Aadhaar)
• Income proof (salary slips/IT returns)
• Property documents
• Bank statements

10 lakh PNB Home Loan Eligibility Criteria

Salaried individuals and self-employed professionals with a stable income and good credit score are eligible. Specific income criteria may apply.

• Salaried/self-employed individuals
• Minimum age: 21 years
• Maximum age: 60 years (at loan maturity)
• Minimum income: As per bank norms

Contact your nearest PNB branch or visit their website for detailed information and loan application assistance as well as EMI calculator. With its competitive rates, flexible options, and hassle-free process, PNB’s 10 lakh home loan scheme is the perfect stepping stone to homeownership.