PNB Housing Finance Roshni Home Loan

PNB Housing Roshni Home Loan – Highlights

Following are the key highlights of PNB Housing Roshni Home Loan:

PNB Housing Roshni Home Loan – Features and Benefits

Let us now take a look at the features & benefits of PNB Housing Roshni Home Loan:

• Home financing options available from INR 5 lakhs to INR 50 lakhs
• Finance extends up to 90% of the property’s market value.
• Appealing interest rates on offer.
• Doorstep services facilitate fast approval & disbursal of funds. 
• Extensive branch network across India, including Tier 2 & Tier 3 regions, with expanded coverage. 
• Streamlined income documentation requirements.
• Extended repayment periods of up to 30 years, resulting in reduced monthly instalments.
• Customised eligibility criteria to suit individual requirements.
• Established and dependable brand with more than 35 years of industry experience.

PNB Housing Roshni Home Loan – Interest Rates

The interest rates of PNB Housing Roshni home loan are as follows:

PNB Housing Roshni Home Loan – Fees and Charges

Here are the applicable fees and charges that are incurred during the loan process at PNB Housing Roshni Home Loan:

PNB Housing Roshni Home Loan – Eligibility Criteria

The applicant has to meet the following criteria to be eligible for PNB Housing Roshni Home Loan:

• An individual employed by a well-established local business entity. The employer may operate as a sole proprietorship, partnership, private limited company, limited company, trust, or similar entity.
• A freelancer or entrepreneur with unstructured income from a modest to moderate income bracket, with household earnings starting at INR 10,000. This condition also extends to combined incomes when applying with a co-applicant.
• Upon loan maturity, the applicant’s age should not exceed 70 years.

PNB Housing Roshni Home Loan – Documents Required

Here are the required documents for a PNB Housing Roshni Home Loan:

• Completed application form with photo and PAN card. 
• Verification of age (PAN card, passport, or any official certificate).
• Confirmation of residence (passport, driver’s license, utility bills, or other official documents). 
• Recent salary slips or certificates spanning 3 months. 
• Tax documents like Form 16 from the past 2 years (if accessible). 
• Bank statements for the preceding 6 months (from the salary account).
• Copies of property title deeds and approved building plans.

PNB Housing Roshni Home Loan – EMI Calculator

Here’s how you can calculate the EMI for a PNB Housing Roshni home loan:

• Go to Urban Money’s official website.
• Go to the “Loan” section in the top menu.
• Select “Home Loan” and click “Home Loan Calculator.”
• You will be directed to the EMI Calculator page.
• Enter the amount you want to borrow as the principal loan.
• Choose your preferred loan tenure, which can extend up to 30 years or until you are 70.
• Put the applicable interest rates, ranging from 10.50% p.a. to 15% p.a., depending on your occupation.

The PNB Housing Roshni home loan calculator will showcase the monthly EMI amount you must repay.