Why Avail Punjab National Bank Personal Loan?

Punjab National Bank personal loan 2021 schemes offer personal loan up to Rs.10 lakh under the Personal Loan Scheme for Public’ at an interest rate starting from 8.95% p.a. The flexible repayment tenure varies up to0 months, and the processing fee is only 1% of the loan amount.   

The bank also offers loan up to Rs.15 lakh under the ‘PNB Doctor’s Delight – Personal Loan Scheme to Doctor’ with the flexible repayment tenure of 84 months.   

Punjab National Bank offers a personal loan to assist you with meeting your quick monetary costs. Regardless of whether you need to solidify your obligation, pay for your kid’s wedding, take off on an exotic vacation, or anything of the sort, a personal loan from Punjab National Bank can be profited at appealing rates to assist you with satisfying your needs.   

Personal Loan Scheme for Public  

A portion of the things that you should know about this personal loan of PNB are:  

  • Any salaried individual can benefit this personal loan to deal with their different requirements, for example, satisfying their kids’ schooling, fixing of house, getting away, the marriage of self or your youngsters, and so forth  
  • Any salaried person who has worked for a focal or state government body, college, self-governing body, and so on can apply for this personal loan scheme.  
  • The repayment period is 1 year to 5 years. 

Individual Loan Scheme for Doctors: 

A portion of the components and advantages of this personal loan scheme are:  

  • Doctors with a salary of Rs.5 lakhs or more, and who have paid taxes for a very long time are qualified for this personal loan scheme.  
  • The minimum loan amount is offered up to Rs.2 lakhs and the maximum of  Rs.15 lakhs.  
  • Repayment tenure can go from 1 year to 7 years.  
  • A doctor can profit this personal loan to meet the two his/her own and eligibility requirements. 

Personal Loan Scheme for Pensioners  

A portion of the components and advantages of this personal loan scheme are:  

  • This personal loan scheme can be profited by the individuals who have resigned from their positions and is a client of PNB.  
  • The minimum loan amount is offered of Rs.25,000. The maximum loan amount offered under this personal loan scheme is Rs.10 lakhs relying upon the age of the beneficiary.  
  • A flexible repayment tenure varies between 1 year to 5 years. In the event that the applicant’s age should be above 75 years, the repayment tenure of 2 years.  
  • The purpose of this personal loan scheme is to permit the pensioners to deal with their own requirements including the clinical costs.

Components influencing Punjab National Bank Personal Loan Interest Rate 

The Punjab National Bank personal loan interest rate 2021 varies by the following factors:  

  • Work Details: If you are a super durable worker of a renowned association, PNB might offer you a low rate of interest on your own advances. In any case, prior to choosing to offer you low rates, the bank will check your business subtleties and the number of resources you have. PNB has different personal loan schemes for salaried and non-salaried people.  
  • Relationship with PNB: Banks ordinarily offer special rates on personal loans for their high-esteemed clients. Likewise, if you have a good connection with PNB, it might get you a low rate of interest on personal loan. 
  • Loan Tenure: Taking a loan for a longer repayment tenure might help you to get a low rate of interest PNB personal loan. 
  • Repayment limit: If the bank surveys that you are fit for repaying your personal loan on schedule without defaulting, you might get a low rate of interest in a personal loan.

Qualification Criteria  

Here are the generic Punjab National Bank personal loan eligibility criteria 2021 

Personal Loan Scheme for the Public  

  • Should be a long-lasting or affirmed armed staff, like authorities of Central Reserve Police Force, Military Station Headquarters, Indo Tibetan Border Police, Central Industrial Security Force, Border Security Force, and so forth
  • Should be long-lasting or affirmed workers of the State or Central Government, Public Sector Units, or rumored establishments or schools including schools, self-governing bodies, colleges, nursing homes, medical clinics, and so forth who draw their compensation through Punjab National Bank accounts.  
  • Should be expertly qualified specialists whose yearly pay is Rs.4 lakhs or more. 

Qualification standards for Personal Loan Scheme for Doctors:  

  • Should be an expertly qualified specialist whose net yearly pay is Rs.5 lakh or more.  
  • Should have a continued occupancy at the present home for no less than 2 years. 

Qualification Criteria for Personal Loan Scheme for Pensioners: 

  • Should be a beneficiary who draws benefits through a Punjab National Bank. 

Required Documents  

  • Duly filled application form 
  • Passport-sized photos 
  • Address Proof 
  • Identity Proof l
  • Latest bank statements 
  • Salary slips 


To conclude, Punjab National Bank personal loan 2021 comes at a low rate of interest with flexible repayment tenure with minimal documentation requirements. You can always come to Afinoz to apply for Punjab Nation Bank personal loan 2021.