हिंदी में पढ़े
Disclaimer: Punjab National Bank is not a Paisabazaar partner for personal loans and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Punjab National Bank for personal loans. No offers/services from Punjab National Bank are being provided by Paisabazaar for personal loans. For further information about Punjab National Bank for personal loans, users are required to reach out directly to Punjab National Bank.
| PNB Personal Loan Highlights | |
| Interest Rate | Floating Interest Rates- 11.00% – 16.55% p.a. For pensioners- 11.35% p.a. (floating); 12.35% p.a. (fixed) Fixed Interest rates- 12.00%-17.55% p.a. |
| Loan Amount | Up to Rs 20 lakh |
| Tenure | Up to 7 years; For pensioners- Up to 5 years |
| Processing Fees | Up to 1% |
| Prepayment Charges | NIL |
| Foreclosure Charges | NIL |
Note: Rates as of 22 April 2025
Why Choose Punjab National Bank for a Personal Loan?
- Competitive Interest Rates: PNB offers personal loans @ 11.00% p.a. onwards, which is lower compared to other leading banks such as Bank of India and Axis Bank.
- Special Schemes for Different Profiles: From salaried professionals and self-employed individuals to pensioners and working women in your perinatal period (PNB Matritva), PNB offers various personal loan scheme options.
- Trusted and Established Lender: With a strong legacy and widespread branch network, PNB is a reliable choice backed by years of banking excellence.
Personal Loan offers from Partner’s Banks/NBFCs
Paisabazaar has tied-up with 30+ banks and NBFCs to offer personal loan. Applicants can compare the interest rates and other features offered by our below-mentioned partner banks and NBFCs and can then apply accordingly as per their preference.
HDFC Bank
Up to ₹40L
10.9% - 24%
Upto 6 Years
₹6,500
Axis Bank
Up to ₹10L
11.25% - 22%
Upto 5 Years
Upto 2%
Kotak Mahindra Bank
Up to ₹35L
10.99% - 16.9%
Upto 6 Years
Upto 5%
IDFC FIRST Bank
Up to ₹10L
10.99% - 23.99%
Upto 5 Years
Upto 2%
ICICI Bank
Up to ₹50L
10.85% - 16.65%
1-6 Years
Upto 2%
*Applicable for selected customers
Table of Contents
PNB Personal Loan Interest Rates
PNB Personal Loan interest rates have been set on the basis of job profiles, credit scores, employer’s profiles and salary account relationships of its personal loan applicants.
PNB Sahyog Rin – Personal Loan for Public – Term Loan
| Type | CIC Score | Interest Rates (p.a.) |
| For paramilitary/defense personals who get salaries through PNB (customers under Rakshak Plus Scheme are included) | NA | 11.00% |
| For government employees getting salaries through PNB and for central government gazetted officers having no salary account with PNB | 800 | 11.35% |
| 750 less than 800, or No credit history | 12.35% | |
| 680-749 | 13.35% | |
| less than 680 | 13.85% | |
| For corporate/other employees withdrawing their salaries through PNB and for government employees not getting salaries through PNB | 800 | 12.35% |
| 750 less than 800 or No credit history | 13.35% | |
| 680-749 | 15.35% | |
| Less than 680 | 15.85% | |
| Loan to employees under check-off facility | 800 | 13.85% |
| 750 less than 800 or No credit history | 14.35% | |
| 680-749 | 16.05% | |
| Less than 680 | 16.55% |
PNB Sahyog Rin – Personal Loan for Public – Overdraft
| Type | CIC Score | Interest Rates (p.a.) |
| For paramilitary/defense personals who get salaries through PNB (customers under Rakshak Plus Scheme are included) | NA | 11.00% |
| For government employees getting salaries through PNB and for central government gazetted officers having no salary account with PNB | 800 | 11.35% |
| 750 less than 800, or No credit history | 12.35% | |
| 680-749 | 13.60% | |
| less than 680 | 13.85% | |
| For corporate/other employees withdrawing their salaries through PNB and for government employees not getting salaries through PNB | 800 | 12.35% |
| 750 less than 800 or No credit history | 13.35% | |
| 680-749 | 15.35% | |
| Less than 680 | 15.85% | |
| Loan to employees under check-off facility | 800 | 13.85% |
| 750 less than 800 or No credit history | 14.35% | |
| 680-749 | 16.05% | |
| Less than 680 | 16.55% |
Digital Personal Loan
| Type | CIC Score | Interest Rates (p.a.) |
| Pre-approved Personal Loan to Central Government/State Government/Private employees/PSUs | 800 | 11.10% |
| 750 to less than 800 or no credit history (-1 or 0) | 12.10% | |
| 700-749 (not applicable to PAPL to Private Employees) | 13.10% | |
| Pre-approved Personal Loan to Pensioners | 650 and above | 11.10% |
| Pre-approved Personal Loan to existing customers based on QAB and TRV | 800 and above | 11.10% |
| 750 to less than 800 | 13.10% | |
| Pre-approved Personal Loan to existing borrowers of home loan personal loan and car loan | 800 and above | 11.10% |
| 750 to less than 800 | 12.10% |
Digital Personal loan – PNB SWAAGAT (NTB customers)
| CIC Score | Interest Rates (p.a.) |
| 800 and above (CIBIL) or equivalent | 11.10% |
| 750 to 799 (CIBIL) or equivalent | 12.10% |
| 700 to 749 (CIBIL) or equivalent including -1/0/no hit/Nil | 13.10% |
PNB Personal Loan for Pensioners
| Type | Interest Rate (p.a.) |
| Personal Loan for Pensioners (Term Loan/Overdraft/Demand Loan) | 11.35% |
PNB Personal Loan Fixed Interest Rates
PNB Sahyog Rin – Personal Loan for Public
| Type | CIC Score | Interest Rates (p.a.) |
| For paramilitary/defense personals who get salaries through PNB (customers under Rakshak Plus Scheme are included) | NA | 12.00% |
| For government employees getting salaries through PNB and for central government gazetted officers having no salary account with PNB | 800 | 12.35% |
| 750 less than 800 Or No credit history | 13.35% | |
| 680-749 | 14.60% | |
| less than 680 | 14.85% | |
| For corporate/other employees withdrawing their salaries through PNB and for government employees not getting salaries through PNB | 800 | 13.35% |
| 750 less than 800 or No credit history | 14.35% | |
| 680-749 | 16.35% | |
| Less than 680 | 16.85% | |
| Loan to employees under check-off facility | 800 | 14.85% |
| 750 less than 800 or No credit history | 15.35% | |
| 680-749 | 17.05% | |
| Less than 680 | 17.55% |
Digital Personal Loan
| Type | CIC Score | Interest Rates (p.a.) |
| Pre-approved Personal Loan to Central Government/State Government/Private employees/PSUs | 800 | 12.19% |
| 750 to less than 800 or no credit history (-1 or 0) | 13.10% | |
| 700-749 (not applicable to PAPL to Private Employees) | 14.10% | |
| Pre-approved Personal Loan to Pensioners | 650 and above | 12.10% |
| Pre-approved Personal Loan to existing customers based on QAB and TRV | 800 and above | 12.10% |
| 750 to less than 800 | 14.10% | |
| Pre-approved Personal Loan to existing borrowers of home loan personal loan and car loan | 800 and above | 12.10% |
| 750 to less than 800 | 13.10% |
Digital Personal loan – PNB SWAAGAT (NTB customers)
| CIC Score | Interest Rates (p.a.) |
| 800 and above (CIBIL) or equivalent | 12.10% |
| 750 to 799 (CIBIL) or equivalent | 13.10% |
| 700 to 749 (CIBIL) or equivalent including -1/0/no hit/Nil | 14.10% |
PNB Personal Loan for Pensioners
| Type | Interest Rate (p.a.) |
| Personal Loan for Pensioners (Term Loan/Overdraft/Demand Loan) | 12.35% |
PNB Personal Loan Processing Fees & Charges
PNB Personal Loan Scheme for Public
| Processing Charges |
|
| Documentation Charges |
|
| Pre-payment Charges | NIL |
PNB Personal Loan Scheme for Self-Employed
| Processing Charges | 1% of the loan amount |
| Documentation Charges | Rs 500 |
PNB Personal Loan to Doctors
| Processing Charges | 0.90% of the loan amount |
| Documentation Charges | Rs 450 |
| Pre-payment Charges | NIL |
PNB Personal Loan to Pensioners
| Processing Charges | NIL |
| Documentation Charges | Rs 500 |
PNB Personal Loan for Working Women During Perinatal Period
| Upfront Fee | NIL |
| Documentation Charges | NIL |
Pre-Approved Personal Loan
| Upfront Fee | 0.50% of the loan amount with a minimum amount of Rs 500 |
Types of PNB Personal Loan
PNB Personal Loan for Public
Purpose: Punjab National Bank offers Personal Loan Scheme for Public to salaried individuals to finance their personal needs such as medical treatment, domestic/foreign travel expenses, wedding expenses, education, etc.
Loan Amount: Up to Rs 20 lakh (up to 24 times of gross monthly salary).
Tenure: Up to 6 years.
PNB Personal Loan for Salaried Customers of Any Bank – PNB Swaagat – New to Bank
Purpose: Punjab National Bank offers Personal Loans to Salaried Individuals maintaining KYC compliant savings and salary accounts with any bank. The entire loan application process till disbursement is digital.
Loan Amount: Rs 25,000 to Rs 10 lakh; Up to Rs 6 lakh with Single OTP.
Tenure: Up to 6 years or till 60 years of age of the applicant, whichever is earlier.
PNB Personal Loan Scheme for Self-employed
Purpose: Punjab National Bank offers Personal loans for Self-employed Professionals such as CA, CS, Data Analyst, Architect, LIC Agents, Engineers, Software Developers, etc. to finance their personal needs. The applicant should be maintaining his/her savings/current account with PNB for the last 2 years.
Loan Amount: 10 times of average Gross monthly income of the last two years with a maximum of Rs 5 lakh.
Tenure: Up to 5 years or 65 years of age, whichever is earlier.
PNB Personal Loan Scheme for Doctors
Purpose: Doctors having a net annual income of Rs 5 lakh and more can avail Personal Loan for Doctors offered by Punjab National Bank to meet their professional/personal requirements.
Loan Amount: Rs 2 lakh-20 lakh or up to 24 times of gross monthly income, whichever is lower.
Tenure: Up to 7 years.
PNB Personal Loan for Pensioners
Purpose: Pensioners drawing their pension from Punjab National Bank can avail PNB Personal Loan for Pensioners to raise funds for meeting their personal expenses.
Loan Amount:
Minimum- Rs 25,000
Maximum-
- For applicants up to 70 years of age- Rs 10 lakh or 18 times the net monthly pension (20 times for defense pensioners), whichever is lower.
- For applicants above 70 years of age and up to 75 years of age- Rs 7.50 lakh or 18 times the net monthly pension (20 times for defense pensioners), whichever is lower.
- For applicants above 75 years of age- Up to Rs 5 lakh or 12 months of pension amount, whichever is lower.
Tenure: 5 years or up to 78 years of age, whichever is earlier.
PNB Personal Loan for Working Women During Perinatal Period – PNB Matritva
Purpose: The PNB Matritva scheme offers financial assistance to working women for expenses related to childbirth and maternity care during the perinatal period. The loan covers hospital expenses incurred before and after childbirth. Prospective borrowers can get loan sanction from 2 months prior to the expected delivery date until 3 months post-childbirth, based on a self-declaration confirming their pregnancy or childbirth.
Loan Amount: Rs 25,000-Rs 3 lakh
Eligibility for Punjab National Bank Personal Loan
Eligibility for PNB Personal Loan for Public
- Permanent employees of State Government/Central Government/PSUs who have served the organization, including the previous organization, for at least 2 years, employees of all reputed schools, colleges, universities, companies, autonomous bodies, hospitals, nursing homes, etc. and drawing salary through PNB.
- For applicants using check-off facility: At least 3 years of service, including the service with a previous employer.
Eligibility for PNB Personal Loan for Self-employed
- Self-employed Professionals including CA/CS, Data Analyst, Architect, Engineers, Software Developers, Engineers and Financial Consultants having a minimum gross annual income of Rs 6 lakh for the last 2 years are eligible for PNB Personal Loan for Self-employed.
- Minimum CIC Score (credit score) of 750 and above.
- Applicants should be maintaining their savings/current account with PNB for the last two years with minimum annual credit transactions of up to Rs 5 lakh in all savings/current accounts in PNB or other banks in the previous financial year.
Eligibility for PNB Personal Loan for Doctors
- Professionally qualified serving/practicing doctors such as MBBS, BDS and above.
- The net annual income of the applicant should be at least Rs 5 lakh.
- Should be taxpayers for the last 2 years.
- The applicant should be staying at the current place of residence for a continuous 2 years (not applicable to the doctors employed in government sectors or institutions).
Eligibility for PNB Personal Loan for Pensioners
Pensioners drawing pension through Punjab National Bank are eligible for availing Pension Loans from PNB.
Eligibility for PNB Personal Loan for Working Women During Perinatal Period
Permanent female employees of the Central/State Government, PSUs or reputed companies or institutions drawing salary through accounts maintained with PNB are eligible for loans under this scheme, PNB Matritva.
Eligibility for Pre-Approved Personal Loan
- Government employees of the centre or state or defence or paramilitary forces or working in PSUs and private salaried employees maintaining a salary account with PNB.
- Pensioners maintaining pension account with PNB are also eligible.
- Existing car loan, personal loan and home loan borrowers can also apply for a personal loan.
- Existing customers who have fully repaid their personal loan within 5 years or home loan/car loan/education loan within 10 years are also eligible.
Also, know about Personal Loan Eligibility Criteria set by top banks/NBFCs.
PNB Pre-Approved Personal Loan – Digital Personal Loan
PNB Pre-approved personal loans offer quick funds for various personal needs such as marriage of self, son/daughter, medical treatment, expenses on education, domestic or foreign travel, etc.
Features & Benefits
- The facility is paperless and is available 24*7.
- The repayment tenure of the loan is 6 years.
- The applicant has the option to adjust the EMI through a change in Tenure and Loan amount through the dynamic slider functionality in-built into the journey.
Loan Amount & Repayment Tenure
| Applicants | Loan Amount | Loan Tenure |
| For Government Employees (Centre/Defence/State/Paramilitary Forces or PSU) and Private salaried employees drawing salary through PNB | Rs 25,000 – Rs 20 lakh | Up to 6 years or 60 years of age of the borrower, whichever is earlier |
| For pensioners drawing pension through PNB | Rs 25,000-Rs 8 lakh | Up to 6 years or 70 years of age of the borrower, whichever is earlier |
| For existing personal loan/home loan/car loan borrowers | Rs 25,000-Rs 8 lakh | Up to 6 years or 65 years of age of the borrower, whichever is earlier |
| For existing PNB customers on the basis of Quarterly average balance and Transactional relationship value | Rs 25,000-Rs 4 lakh | Up to 6 years or 65 years of age of the borrower, whichever is earlier |
| For Customer who have fully repaid their Personal loan/Home loan/Car loan/Education loan/ | Rs 25,000-Rs 6 lakh | Up to 6 years or 60 years of age of the borrower, whichever is earlier |
How to Apply for Pre-Approved Personal Loan
You can apply for PNB pre-approved loans through:-
- PNB’s Official Website: Visit pnbindia.in, go to ‘Online Services’ > ‘Insta Loans’ to apply for pre-approved offers.
- PNB ONE Mobile App: Log in to the PNB ONE app, navigate to the ‘Pre-Approved Personal Loan’ section, and follow the steps to apply instantly.
- Internet Banking: Log in to netpnb.com and access your personal loan offer under the loans section, if eligible.
Why Apply for a Personal Loan at Paisabazaar?
- Top Offers Under One Roof: With 30+ lenders including top banks, Fintechs and NBFCs as its partners, Paisabazaar lets you access the best available instant personal loan offers from multiple lenders on a single digital platform.
- Compare and Choose: Paisabazaar.com lets you compare personal loan interest rates and other key features such as key fees and charges and disbursal offered by different lenders and choose the most appropriate option for yourself.
- Unbiased Advice & Complete Guidance: Paisabazaar’s team of experts offers unbiased advice, complete guidance and assistance at each step to help you choose the most appropriate option for yourself. The customer-friendly team provides end-to-end assistance to offer you a hassle-free loan experience.
- Chances of Approval and Personalized Offers: With Paisabazaar.com you can access personal loan offers from multiple lenders listed as per your Chances of Approval based on your credit score and other eligibility factors. This feature lets you choose the loan offer that has the highest chance of approval.
- Preapproved Loan Offers: Once you have registered yourself with Paisabazaar.com, you can get access to different personalized preapproved loan offers from multiple lenders, provided you have a healthy credit history. These pre-approved personal loan offers generally offer lower interest rates, minimal or no documentation and processing fee, etc.
- Document Pickup: With Paisabazaar, customers have the option to get their documents picked from their doorstep without any extra charges in case physical documentation is required at any step.
- Digital Process: Paisabazaar.com is a digital platform that lets you carry out the entire loan process online.
How to Improve the Chances of Punjab National Bank Personal Loan Approval
To increase your chances of availing a personal loan from PNB, follow these simple steps:
- Check eligibility criteria before applying for PNB Personal Loan, such as being employed with a government or reputed organization and maintaining a salary account with PNB.
- A minimum credit score of 750 or above is usually required for approval. Make sure to periodically check your credit report and avoid delays in payments to improve your score.
- Submit all required documents, including identity proof, address proof and income proof to avoid delays or rejection.
- If you are a salaried applicant, ensure you meet the minimum 3 service period required by PNB, whether in your current job or with a previous employer.
- If you’re a self-employed applicant, maintain regular transactions in your PNB or other bank accounts. For instance, PNB requires minimum annual credit transactions of Rs 5 lakh across all savings/current accounts in the previous financial year.
Punjab National Bank Personal Loan vs Other Banks
| Banks | Punjab National Bank | SBI | HDFC | Axis |
| Rates | 11.00%-17.55% p.a. | 10.30%-15.30% p.a. | 10.90%-24.00% p.a. | 11.25% p.a. onwards |
| Processing Fee | Up to 1% of the loan amount | Up to 1.5% of the loan amount (Min. Rs 1,000; Max. Rs 15,000) | Up to Rs 6,500 | Up to 2% of the loan amount |
| Max. Loan Amount | Up to Rs 20 lakh | Up to Rs 35 lakh | Up to Rs 40 lakh | Up to Rs 10 lakh |
| Min. Monthly Salary Required | – | For Government/ Defence Sector employees: Rs 20,000;
For Corporate Sector employees: Rs 25,000 |
Rs 25,000 | Rs 15,000 for Axis Bank customers; Rs 25,000 for non-Axis Bank customers |
Punjab National Bank Personal Loan Customer Care
Toll Free Number for Registering Grievances-
- 1800 103 2222
- 1800 180 2222
Also refer to PNB Personal Loan Customer Care for details about grievance redressal and PNB personal loan customer care numbers
FAQs on PNB Personal Loan
How much personal loan can I get from Punjab National Bank?
PNB offers personal loans of up to Rs 20 lakh. Your personal loan amount eligibility depends on your income, repayment capacity, credit score, occupation profile and other aspects of your credit profile.
Can I increase my Punjab National Bank personal loan amount after approval?
Once a personal loan is approved and disbursed, you cannot increase your loan amount. You may check with the bank and check if you can apply for a new personal loan, subject to eligibility and repayment capacity. Otherwise, consider another lender for a new personal loan.
What is the personal loan processing fee levied by Punjab National Bank?
PNB levies processing fees of up to 1% of the loan amount.
How long does it take for Punjab National Bank to disburse a personal loan?
PNB has not explicitly mentioned the disbursal period for a personal loan. However, the disbursement process usually takes 2 to 7 working days, depending on the documentation and verification process of a lender.
How can I track my Punjab National Bank personal loan status?
You can track your loan status online through PNB’s NetBanking, mobile app, or by contacting the customer care team.
I don’t have a salary account with Punjab National Bank. Can I still apply for a personal loan?
Salaried applicants and pensioners are required to maintain salary account and pension account, respectively, with PNB to avail personal loan.
Is it possible to get a personal loan from Punjab National Bank with a salary under Rs 20,000?
PNB has not specified the minimum salary criteria for availing personal loan. Check with the bank for your personal loan eligibility.
Can retired individuals avail of personal loans from Punjab National Bank?
PNB offers personal loans to pensioners, subject to age and pension account eligibility criteria.
What is the EMI for a personal loan of ₹10 lakh from Punjab National Bank?
The EMI for a Rs 10 lakh personal loan depends on the interest rate and loan tenure. For example, for a loan amount of Rs 10 lakh with an interest rate of 12% p.a. and a tenure of 5 years, the estimated EMI would be approximately Rs 22,244.