Hello friends, I welcome you all to today’s article. Friends, we will give you information about how to take a personal loan from PNB Bank. Friends, if you are thinking of taking a loan, then PNB Bank is giving you the fastest loan. Nowadays, every person needs a loan for some personal work. There are many banks and government institutions in India which provide loan facilities to the people. One of these banks is Punjab National Bank from where you can apply for a loan. Taking a loan from Punjab National Bank has become quite easy these days as compared to earlier. If you also want to take out a personal loan from Punjab National Bank, today’s article will explain the ins and outs of it. To do so, you’ll need to read this article carefully to the end.
Eligibility for loan from Punjab Bank
- The applicant taking loan from Punjab National Bank must be an Indian citizen.
- The applicant taking personal loan should be above 18 years of age.
- The monthly income of the applicant should be more than Rs 15,000 and the applicant should have a good credit score.
How to take loan from Punjab Bank?
If you want to apply online for a personal loan from Punjab National Bank, then for this you will have to follow all the procedures given below step by step, which are as follows –
- To take a personal loan from PNB Bank, first of all you will have to visit the official website of PNB Bank.
- You will have to go to the official website and choose the Personal loan option.
- After that, you will have to fill all the information asked in the application form like your name, address, income, job details and loan amount.
- Now you have to upload the required documents like identity proof, income certificate and any related documents.
- You can choose a loan up to Rs 5 lakh and use it as per your requirement.
- After entering all the information correctly, you will have to submit the application form.
- After that, after verification of the information and documents provided by you, the loan will be approved and the amount will be transferred to your bank account.
In this way, you can easily apply online for personal loan from PNB Bank by following all the steps mentioned above.
PNB Personal Loan Interest Rate
Like all banks in India, Punjab National Bank offers loans at very attractive interest rates. You can easily find out the PNB personal loan interest rates by reading the following information related to Punjab National Bank personal loans. The interest rates on PNB personal loans are as follows:
- If you are looking to avail a personal loan of Rs. 1 lakh to Rs. 10 lakh in Punjab, the interest rate will be 8.995% (for salary accounts).
- If you want to avail a Punjab personal loan between Rs 5 lakh and Rs 10 lakh, the interest rate will be 10.30% (for non-salaried individuals).
- For those who receive pension, Punjab has kept the interest rate for taking personal loan at 10.75%.
- Punjab National Bank Personal Loan charges a processing fee of up to 1%.
- The personal loan amount provided by Punjab National Bank has to be repaid within a period of 5 years.
- To avail personal loan from Punjab National Bank, one must have a CIBIL score of at least 650.
conclusion –
Friends, in today’s article, we have given you information about how to take a personal loan from PNB Bank. We have explained its complete online application process in detail so that you can easily take a personal loan from Punjab National Bank by applying online from the comfort of your home and can also avail its benefits. Friends, if you all liked today’s article, then please share this article.