Public sector bank
Punjab National Bank
One of India's largest public sector banks, particularly strong across North India.
Best for: Government and PSU employees in North India.
Apply with pre-screening
We check your profile against PNB's policy and others on the panel before any application.
Typical strengths
- Strong presence in northern India
- Concessional schemes for government employees
- Competitive home loan rates
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by Punjab National Bank under its credit policy.
Products
What we arrange with PNB
- Personal Loan
- Home Loan
- Car Loan
- Education Loan
- Gold Loan
- Business Loan
Personal Loan
Collateral-free personal loans from ₹50,000 to ₹50 lakh at rates starting around 10.25% p.a., with disbursal typically within 48 hours of approval.
- Rate from
- 10.25% p.a.
- Up to
- ₹50 L
Home Loan
Home loans from ₹5 lakh to ₹10 crore at floating rates from about 7.35% p.a., with up to 90% funding and tenures up to 30 years, across banks and housing finance companies.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Car Loan
New car loans covering up to 100% of on-road price at rates from about 8.5% p.a., with tenures up to 7 years, across banks and captive finance companies.
- Rate from
- 8.50% p.a.
- Up to
- ₹2 Cr
Education Loan
Education loans for studies in India and abroad, from ₹2 lakh to ₹1.5 crore, at rates from about 8.5% p.a., with moratorium during the course and tenures up to 15 years.
- Rate from
- 8.50% p.a.
- Up to
- ₹1.5 Cr
Our read
Where PNB fits
Punjab National Bank is strongest where its network is strongest, across northern India, and for borrowers employed by government and public sector organisations. Concessional schemes for those employees are a real advantage and are frequently the reason a file lands here rather than at a private bank.
For a home loan on a standard property with documented income, the pricing is competitive with any public sector lender. We place files here when the borrower is in the North, values rate over turnaround, and has the documentation to support a thorough branch review.
Worth knowing
- Presence and service depth taper outside northern India, so a borrower elsewhere may be better served by another public sector bank.
- Expect a documentation-heavy process; the timeline is not comparable with a digital-first lender.
Our assessment, not a statement of Punjab National Bank’s policy. Terms are set by the lender and can change.
Questions
PNB: common questions
Do I need to be in North India to apply?
No, but the branch network and service depth are strongest there. Elsewhere we usually find a better-matched public sector option, and we will say which.
What concessions exist for government employees?
Public sector banks maintain long-running schemes for government and PSU staff. Which one applies depends on your employer and the current terms, so we confirm it rather than assume.
How long does a home loan take here?
Longer than a private bank or a housing finance company, because the review is thorough and branch-led. If you have a fixed booking deadline, tell us early so we can plan around it.
Compare
Other public sector banks on the panel
The best lender for you depends on your profile. We compare before you apply.
State Bank of India
Public sector bankGovernment employees, home buyers seeking the lowest published rates, and education loan applicants.
Bank of Baroda
Public sector bankSalaried home and car buyers and MSMEs seeking bank pricing.
Union Bank of India
Public sector bankHome buyers seeking public sector bank pricing.
Is PNB the right lender for you?
Share your requirement and we will compare it against the whole panel, at no cost and with no bureau enquiry.