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Punjab National Bank (PNB) Home Loan

PSU Bank

PNB is a large PSU bank with a strong home loan presence in northern India. It offers concessional rates for women borrowers and a processing fee capped at ₹15,000. The trade-off is a basic digital experience.

7.25%

Starting rate

9.30%

Max rate

0.35% of loan (max ₹15,000)

Processing fee

30 yrs

Max tenure

Rates as of 2026-04-16. RBI repo rate 5.25%. Best available new-customer rate across all tracked lenders: 7.15%.

Already have a Punjab National Bank home loan?

If your current Punjab National Bank rate is above 7.25%, you are paying more than what Punjab National Bank is offering new customers today. The gap could be anywhere from 50 to 215 basis points depending on when you took the loan and which benchmark it is on.

Check my overpayment Rate reset letter for Punjab National Bank

Products offered

PNB Housing Loan
PNB Balance Transfer
PNB Plot Loan
PNB Home Improvement Loan

Best for: Women borrowers in northern India looking for concessional PSU rates and a familiar branch network.

Strengths and weaknesses

+ Concessional rates for women borrowers (5 to 10 basis points lower).

+ Strong branch presence across northern and eastern India, especially in tier-2 cities.

+ Processing fee capped at ₹15,000.

- Digital experience is basic compared to SBI and private banks.

- Processing times in smaller branches can be unpredictable.

Rate reset at Punjab National Bank

PNB processes rate resets through the home loan branch. For women borrowers, the concessional rate card means the post-reset rate is often the lowest available after SBI.

Get the rate reset letter template

Balance transfer friction

Low friction

Leaving Punjab National Bank for a balance transfer is straightforward. Foreclosure letters are issued within a reasonable timeline and no foreclosure fee applies on floating-rate loans (RBI 2012 circular).

Read the foreclosure charges guide

Punjab National Bank (PNB) home loan at a glance

Lender type	PSU Bank
Headquarters	New Delhi
Regulator	RBI
Floating rate range	7.25% to 9.30% (EBLR-linked)
Processing fee	0.35% of loan (max ₹15,000)
Max tenure	30 years
Max loan amount	No upper limit
Prepayment charge	Nil on floating rate
Balance transfer friction	low
Official website	www.pnbindia.in

Data as of 2026-04-16. Rates are for salaried borrowers with CIBIL 750+. Verify with Punjab National Bank for profile-specific quotes.

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