PNB Personal Loan Interest Rate 2025
Personal loans have become an integral part of our financial journey, assisting us with fulfilling all our goals. With different banks providing personal loans at competitive rates, Punjab National Bank stands out as a key player. One of the top government banks in the country, PNB offers personal loans for different purposes and at interest rates starting at 11.15% per annum, thus helping you fulfil your financial goals.
PNB Bank Personal Loan Interest Rate Highlights
Here is a list of important information that a person needs to keep in mind related to the PNB personal loan interest rate 2025 before applying for a personal loan at the bank:
Feature | Details |
| PNB Bank personal loan Interest rate (Floating) | 11.15% p.a. to 16.70% p.a. |
| PNB Bank personal loan Interest rate (Fixed) | 12.15% p.a. to 17.70% p.a. |
| Maximum Loan Amount | Up to 24 times the gross monthly salary is subject to a maximum of Rs. 20 lakhs and the repaying capacity of the applicant. |
| Loan tenure | Up to 72 months |
| Processing Fees |
|
| Employment Status | Salaried employees, Self-employed professionals, self-employed businesspersons, pensioners, etc. |
| Income per month | Gross annual income of Rs. 6 lakhs for the last 2 years. |
| Credit Score | Minimum CIC score of 650. |
| Foreclosure charges | Nil. |
Types Of PNB Personal Loans
PNB provides various kinds of personal loans. Here is a list of them:
Personal Loan Scheme For Public
- PNB provides this particular loan to self-employed people to meet their personal requirements.
- This loan is applicable to professionals such as CA/CS, Software Developers, Engineers, Financial Consultants, Architects, and LIC Agents.
- To qualify for the loan, applicants must have earned a gross income of at least Rs. 6 lakhs for the last two years and a credibility score of 750 or above.
- PNB offers a maximum of 60 EMIs up to the age of 65.
Personal Loan Scheme For Pensioners
- PNB provides loans to pensioners who draw pensions from PNB bank.
- All types of pensioners can take out a personal loan through PNB.
- PNB provides a minimum of Rs. 25,000 and a maximum of Rs. 10 lakhs for people aged up to 70.
- Up to Rs.7.5 lakhs are available for pensioners aged 70 and 75, and Rs. 5 lakhs are available for pensioners aged above 75.
Personal Loan Scheme For Doctors
- PNB provides this loan to meet their personal and professional requirements.
- This loan amount ranges from Rs. 2 lakhs to Rs. 20 lakhs, subject to 24 times monthly gross salary.
- The minimum gross annual income has to be Rs. 5 lakhs or more to avail of the loan.
Features of PNB Personal Loans
Following is a list of characteristics of the PNB personal loan schemes that you must know before applying for one:
- PNB provides personal loans to all earning personnel with a stable income source.
- Punjab Bank provides personal loans for a maximum tenure of six years for general people.
- You can get a personal loan by visiting a local PNB branch office or contacting them by phone.
- One should have a minimum credibility score of 650.
- PNB provides personal loans up to 20 lakhs subject to 24 times an individual’s monthly income.
- There are no pre-closure or foreclosure charges in the PNB personal loan.
- Punjab Bank does not check CIBIL scores to provide military or Defence personnel loans.
PNB Bank Personal Loan Interest Rate 2025
PNB provides personal loans with interest rates of 11.15% up to Rs. 20 lakh through an easy digital process. Interest rates depend on job type and credit score—for instance, government staff with a score of 800+ could receive loans at 12.50%, but lower scores offer higher interest.
After the RBI repo rate cut, PNB has also set its pricing competitive. Borrowers can look into official sources for the most updated information.
PNB Personal Loan Schemes Interest Rate 2025
PNB has different schemes of personal loans based on an applicant's employment type and credibility score. Here is a table describing the bank's personal loan schemes and other key details:
Personal Loan Scheme for Public | PNB Sahyog Rin
Scheme | Floating Interest Rate (TL/OD) | Fixed Interest Rate (TL/OD) | Required CIBIL Score |
| Personal loans to Military and Defence personnel who are drawing salaries through PNB Bank, including applicants coming under the Rakshak Plus scheme | 11.15% in both TL and OD (RLLR+BSP+ 2.15%) | 12.15% for both TL and OD. | Not required. |
Personal loans to Govt. employees having salary accounts in PNB bank. And,
Central Govt. gazetted officer with rank higher than or equal to section officer not having a salary account in PNB bank | 11.50% to 14% in both TL and OD (RLLR+BSP+2.50%) to (RLLR+BSP+ 5.00%) | 12.50% pa to 15% pa in both TL and OD.
| 680 to 800 (The higher the CIBIL score, the less will be the interest) |
Personal loans to corporate sector employees or other employees who draw salaries from PNB Bank.
Govt. employees who do not have a salary account in PNB Bank. | 12.50% pa to 16% pa in both TL and OD (RLLR+BSP+ 3.50%) to (RLLR+BSP+ 7.00%) | 13.50% pa to 17% pa in both TL and OD.
| 680 to 800 (The higher the CIBIL score, the lesser interest you have to pay) |
| Personal Loans are available to employees who are under a check-off facility. | 14% pa to 16.70% pa in both TL and OD. (RLLR+BSP+ 5.00%) to (RLLR+BSP+ 7.70%). | 15% pa to 17.70% pa in both TL and OD. | 680 to 800 (A higher CIBIL score means a lower interest rate.) |
Digital Personal Loan
Scheme | Floating Interest Rate | Fixed Interest Rate | Required CIBIL Score |
| Pre-approved personal loans to private employees and Central Govt, State Govt. and PSU employees. | 11.25% pa to 13.25% pa (RLLR+BSP+2.25%) to (RLLR+BSP+4.25%) | 12.25% pa to 14.25%
| 700 to 800 |
| Pre-approved personal loans to pensioners. | 11.25% pa (RLLR+BSP+2.25%) | 12.25% pa
| 650 or more |
| Pre-approved personal loans as per QAB & TRV. | 11.25% pa to 13.25% pa (RLLR+BSP+2.25%) to (RLLR+BSP+4.25%) | 12.25% pa to 14.25% pa | 750 to 800 |
| Pre-approved personal loans are issued to a person already liable for an existing loan (Car loan/home loan/personal loan). | 11.25% pa to 12.25% pa (RLLR+BSP+2.25%) to (RLLR+BSP+3.25%)
| 12.25% pa to 13.25% pa | 750 to 800 |
PNB SWAAGAT | Digital Personal loan to NTB customers
Credit Score | Floating Interest Rate | Fixed Interest Rate |
| 700 to 749 | 13.25% pa (RLLR+BSP+4.25%) | 14.25% pa |
| 750 to 799 | 12.25% pa (RLLR+BSP+3.25%) | 13.25% pa |
| 800 or more | 11.25% pa (RLLR+BSP+2.25%) | 12.25% pa |
Factors Affecting PNB Bank Personal Loan
Here is a list of factors that influence the PNB personal loan interest rate:
- Term of Loan: Long-term loans can help you get loans at low interest rates.
- Interpersonal Relationship with PNB: Having a good transactional and interpersonal relationship with the bank can help you get good deals on personal loans.
- Repayment Power: The bank may offer a lower interest rate if they’re confident in your repayment capacity.
- Income: Your current and previous incomes affect the interest rate offered to you on your personal loan.
- CIBIL score: Your Credit or CIBIL score influences PNB’s personal loan interest rate.
Fees and Charges Of PNB Personal Loan Scheme
Here is a list of additional charges that you should know about before taking a loan from PNB Bank:
- PNB charges 1.00% of the loan amount as a processing fee
- PNB also charges Rs. 270 as documentation charges for loans up to Rs. 2 lakhs and Rs. 450 for loans above Rs. 2 lakhs.
- Rs. 500 as documentation charges for a self-employed person.
- The processing fees for providing loans to doctors are 0.90% of the loan amount, and Rs. 450 is charged for documentation.
- There is no processing fee for defence personnel and pensioners.
- PNB does not charge a foreclosure fee.
Eligibility Criteria For PNB Personal Loan
The following criteria need to be met to get approval on your Punjab National Bank personal loan application:
- Individuals must have a salary account in the PNB bank.
- To receive additional benefits, all permanent employees from the central or state government must have worked for at least 2 years.
- Employees of central and state governments must provide details of their reputed previous institutions and employers.
- Other employees must be working for a minimum of three years.
- PNB requires applicants to have a minimum CIBIL score of 650.
- Applicants who wish to avail of PNB personal loans for pensioners should have a drawings pension account in PNB.
Documents Required To Apply For PNB Personal Loan
Here is a list of documents required to apply for a personal loan in PNB Bank:
- Duly filled application form with an attached passport-size photograph.
- Identity Proof: Aadhaar card, PAN card, Driving license.
- Birth certificate for proof of age.
- Address Proof: Utility bills or rent agreement papers.
- Salaried employees must provide the latest salary slips and form 16 attested by the employer.
- Self-employed businesspersons must provide the balance sheet for the previous year and the income tax returns filed for the last three years.
- Educational qualification certificates for military and defence personnel.
PNB Bank Personal Loan EMI Calculator
Individuals can use the PNB personal loan EMI calculator to calculate the total interest payable in a certain number of EMIs at the end of tenure. With more EMIs, your total interest payable will increase and vice versa.
This calculator provides instant calculations, which helps you scrutinise different scenarios and choose the perfect one for yourself. Just enter your loan amount, PNB personal loan interest rate, and period (in months) to calculate your total interest and monthly EMI.
PNB Bank Personal Loan Customer Care
If you need any more details or want a personal meeting with the bank authorities to discuss your personal loan, then you can visit the nearest PNB bank branch or call these toll-free numbers:
- 1800 180 8888 for loan-related inquiries
- 1800 1800, 1800 2021 / +91 120 2490000 for banking purposes
- 1800 180 2223 / +91 120 2303090 for account balance enquiry
- 1800 180 2345 / +91 120 4616200 for credit card purposes
- You can also SMS “PNB PROD” on 5607040
Overall, Punjab National Bank is a significant public sector bank in India that provides personal loans at a competitive interest rate. If you are looking to get a personal loan for purposes like education, paying off debt, marriage, etc., choosing PNB will be a great choice. However, ensure you know the PNB personal loan interest rate when applying for the loan so you can plan your finances as necessary.
Similar Articles:
1. SBI Personal Loan Interest Rate 2025
2. HDFC Personal Loan Interest Rate 2025
3. Bank of Baroda Personal Loan Interest Rate 2025
4. ICICI Bank Personal Loan Interest Rate 2025
5. Canara Bank Personal Loan Interest Rate 2025
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