Easy Way To Apply For PNB Personal Loan

Punjab National bank offers a wide range of personal loans to salaried applicants and self-employed applicants, and pensioners who are facing a financial crisis and need to get financial assistance for professional needs. PNB personal loan amount is a maximum of Rs. 15 lakh at an interest rate of 8.95% p.a. for a tenure of up to 84 months. 

Punjab National Bank personal loan details


Punjab National Bank Personal Loan Highlights

Interest rate

Starting at 8.95% p.a.

Loan Amount

Up to Rs. 15 lakh

Loan Tenure

Up to 84 months
Processing Fees

1% of the loan amount

Eligible Applicant Categories

For salaried Individuals (Including Defence Personnel)

For Doctors

For Pensioners

Types of Loans

Punjab National Bank offers Personal Loan Scheme for the Public, PNB Doctor’s Delight, and Personal Loan Scheme for Pensioners.


Features and benefits of PNB Personal Loan 

Here are some important features and benefits of PNB Personal Loan mentioned as under: 

  • Loan amount: The minimum loan amount starting from Rs. 25,000 up to Rs. 15 lakh. 
  • Easy application: The user can apply for Punjab National Bank personal loan both online and offline depending on the applicant’s preference. 
  • No hidden charges: Punjab National Bank transparently charges for its services, hence an applicant gets information about all fees and charges at the time of applying for a loan. 
  • Various schemes: Punjab National bank offers multiple types of personal loan schemes to specific types of applicants. 
  • Repayment period: PNB Personal loans can have a repayment tenure starting from 12 months up to 60 months with the option of foreclosure with the most flexible ways to borrow the loan amount. 
  • Compare and choose: The user can choose the online platform for applying for the loan with the interest rates offered by the bank on a personal loan. You can compare and choose with some other lenders to apply for the loan. 

PNB Personal Loan Interest rates

Type of Personal Loan

Interest Rate (p.a.)

For the loan amount above Rs. 10 lakh (Only for individuals whose salary is routed through PNB branch including Defence Personnel)

8.95% onwards

For the loan amount above Rs.5 lakh and up to Rs.10 lakh (For individuals whose salary is not routed through the PNB branch)

10.30% onwards

For the loan amount up to Rs.5 lakh who are availing the loan under the check-off facility (including Defence Personnel)

11.80% onwards

PNB Doctor’s Delight

8.95% onwards

Personal Loan to Pensioners

9.30% onwards


Eligibility criteria of PNB Personal loan

Personal loan scheme for Public 

  • All permanent Defence Personnel including officials of Military Station Headquarters, Central Reserve Police Force, Border Security Force, Indo Tibetan Border Police Central Industrial Security Force, etc. However, the loan request of Defence Personnel, who are due for retirement within the next 24 months, may not be entertained. 
  • The applicant must be permanent employees of Central/State Govt./PSUs and from any reputed companies/Institutions including Schools, Universities, Colleges, autonomous bodies, Hospitals/Nursing Homes, who are either drawing their salary through accounts maintained through the bank branches or if the employees agree to check off facility. 
  • The user must have a minimum net monthly income for PNB personal loan eligibility of Defence personnel and teachers are Rs. 7,500 at all centers. 

PNB Doctor’s Delight

This loan scheme can be availed by professionals who are qualified to practice/serving Doctors such as MBBS, BDS, etc. 

  • Borrowers must have Net Annual Income or salary of Rs. 5 lakh and above. 
  • Doctors must be the taxpayers for at least the last 2 years. 

Personal Loan Scheme for Pensioners 

This personal loan is offered to all pensioners drawing their pension through a branch of Punjab National Bank. 

Documents required for Punjab National Bank Personal Loan  

Here are some key documents that are required to apply for a personal loan with Punjab National Bank: 

  • Identity proof: Any one of them such as Passport, Aadhaar, Voter Identity Card, Driving License, etc.
  • Address proof: Any one of them such as ration Card, Bank Account Statement, Passport, Driving License, Electricity Bill, Telephone Bill, Sale Deed/Property purchase agreement (for owned properties), Aadhaar Card, etc.
  • Income proof: Submit Bank Account Statement, Salary Slips, etc.

PNB Personal Loan EMI Calculator 

EMI Equated Monthly Installment is the amount of money that a borrower needs to pay some amount of the loan every month to a lender (bank/NBFC) in order to repay a loan. It can be easy to use Punjab National Bank personal loan EMI calculator to compute your loan EMI. Loan principal, interest rate, and the tenure period to reach the EMI to take the loan. 

PNB Personal Loan EMI Calculation

The following table is an example of the EMI of a PNB personal loan varies with respect to loan tenure and interest rates:


Monthly EMI Payout

Loan Amount and Interest Rate 1 Year Tenure  2 Years Tenure 3 Years Tenure 4 Years Tenure 5 Years Tenure 
1 lakh @ 9.95% Rs. 8,789 Rs. 4,612 Rs. 3,224 Rs. 2,534 Rs. 2,122
2 lakh @ 12.50% Rs. 17,817 Rs. 9,461 Rs. 6,691 Rs. 5,316 Rs. 4,500
4 lakh @ 13.25% Rs. 35,773 Rs. 19,063 Rs. 13,525 Rs. 10,780 Rs. 9,152

Check PNB Personal Loan Status

Punjab National Bank allows the user to check the status of their loan application online. You can follow the steps mentioned below to check the status of your application: 

  • Step 1: Open the official website of PNB. 
  • Step 2: Then, click on the ‘Online Services’ option. 
  • Step 3: Now, click on ‘Loan’ under the ‘Online Services’ tab. 
  • Step 4: Then, a new page will open on your screen. You can click ‘Click to check your application status.
  • Step 5: Now, enter the required details to process the loan application and check your application status. 


In the above points, you can easily find out the maximum loan amount, interest rate, and tenure of the loan. You can also check your loan status on PNB personal loan EMI calculator. It can be easy to get the loan approval within a short duration of time and with less processing fee for the loan. Apart from this, you can also check the personal loan status of PNB.