Punjab National Bank Personal Loan: Easy Online Application for Up to ₹10 Lakhs
PNB Personal Loan: An Overview
PNB Personal Loan: This loan is designed for individuals in government jobs, catering to their personal and business needs. With this financial support, you can effectively manage your business and repay the loan in installments. Punjab National Bank assists doctors and many other professionals in fulfilling their financial requirements.
You can borrow up to ₹10 lakhs, and if your banking history is good, you may qualify for even more. Essentially, under this scheme, you can receive a loan amounting to 15 times your salary. There's no need to visit the bank; you can apply online.
PNB Personal Loan: Key Details
PNB Personal Loan: Overview
| Institution | Punjab National Bank |
| Loan Type | Personal Loan |
| Loan Amount | ₹50,000 to ₹15 Lakhs |
| Age Requirement | 21 to 58 years |
| Interest Rate | 8.90% to 14.45% |
PNB Personal Loan
Often, we find ourselves needing loans from banks to meet daily expenses. However, many banks take advantage of our urgent situations by charging high-interest rates while offering personal loans at lower rates to their clients. Punjab National Bank offers a loan of ₹2 Lakhs for employees and up to ₹50 Lakhs for business owners.
Eligibility Criteria for PNB Personal Loan
Eligibility Requirements for PNB Personal Loan:
To qualify for a PNB Personal Loan, applicants must meet certain criteria:
- The applicant must be between 21 and 58 years old.
- A monthly income exceeding ₹30,000 is required to be eligible for the loan.
- A stable job or successful business is necessary to obtain the loan.
- Before granting any personal loan, the bank verifies the applicant's previous loan repayment history.
Essential Documents for PNB Personal Loan
Necessary Documents for PNB Personal Loan:
To apply for a personal loan at PNB, certain documents are required, which allow you to complete the application online:
- PAN Card
- Income Tax Returns for the last three years
- Bank statements for the last three months
- Identity proof
- Birth certificate
- Address proof
How to Apply for Punjab National Bank Personal Loan?
Application Process for PNB Personal Loan:
You can apply for the personal loan either online or offline. If you qualify, you will receive the loan amount within 45 days of applying. You can conveniently apply for the loan from the comfort of your home through the Punjab National Bank website.
Follow these steps for online application:
- Visit the bank's official website.
- Once on the homepage, click on the Online Services option.
- Next, click on Online Personal Loan.
- Then select Retail Loan.
- Choose the Personal Loan option.
- A new page will open where you need to upload the required documents and then click Submit.