PNB Bank Personal Loan Apply Online | How to take loan from Punjab National Bank

Hello friends, I welcome you all to today’s article. Friends, we will give you information about how to take a loan from PNB Bank. Friends, if you need financial help for personal needs, then Punjab National Bank personal loan is a good option for you. The interest rate on Punjab National Bank personal loan starts from 10.40% p.a. The bank provides you a loan of up to Rs 20 lakh without any guarantee, which you can repay in 7 years.

If you are a doctor, an LIC employee, or a pensioner, special schemes are available for you that are more flexible than public schemes. The PNB personal loan application process is simple and convenient. If you want to know how to take a loan from PNB Bank, today’s article will explain it in detail. For this, you will have to read this article till the end.

Eligibility Criteria for Punjab Personal Loan

1. The minimum monthly income of the applicant seeking loan from PNB Bank should be Rs. 30,000 per month and both salaried and professional individuals are eligible for the loan.
2. The minimum annual income of professionals like doctors should be Rs 5 lakh or more.
3. The loan amount limit depends on the repayment capacity of the applicant and the minimum CIBIL score of the applicant should be 750.
4. Applicants should have at least 2 years savings or current account in Punjab National Bank.
5. The minimum age of the applicants should not be more than 21 years and the maximum age should not be more than 60 years.

How to take personal 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 –

1. To take a personal loan from PNB Bank, first of all you will have to visit the official website of Punjab National Bank.
2. After coming to the official website, you will have to click on the Loans option.
3. Now you will have to click on the Apply option in front of the Personal Loan Scheme For Public option.
4. After that you will have to click on the Retail Loan option and now you will have to click on the Personal Loan option.
5. After that, all the required information will have to be entered and the online application for PNB Personal Loan will have to be successfully submitted.
6. After online application, the money is transferred to your bank account.

By following all the steps mentioned above, you can easily apply online for personal loan from Punjab National Bank.

Interest Rate for PNB Personal Loan

1. If you want to get a personal loan of Rs 1 lakh to Rs 10 lakh in Punjab, then the interest rate will be 8.95%.
2. 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).
3. For those who receive pension, Punjab has kept the interest rate for taking personal loan at 10.75%.
4. Punjab National Bank personal loan has a processing fee of up to 1% and the personal loan amount provided by PNB Bank has to be repaid within a period of 5 years.

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 while sitting at home and can also avail its benefits. Friends, if you all liked today’s article, then please share this article with your friends.