PNB Housing Finance (PNBHFL) Home Loan

Last Updated : April 4, 2025, 2:55 p.m.

PNB Housing Finance (PNBHFL) Home Loan offers competitive interest rates and flexible repayment tenure, catering to the diverse needs of homebuyers. Known for its customer-friendly approach, PNBHFL ensures a hassle-free borrowing experience, making loan repayment convenient and stress-free. To explore current home loan interest rates and detailed information about the loan product, read the complete details on this page.

• Competitive PNB Housing Finance rates
• Maximum loan amount option
• Minimum income criteria
• PMAY scheme
• Faster processing of loans for Self-Employed and Self-Employed Professionals
• Various Surrogate Programmes are available to meet the requirements of customers.

PNB Housing Finance Home Loan Interest Rate Details 2025

Here are the latest PNB Housing Finance (PNBHFL) Home Loan interest rates and details about the home loan. Go through the table to know more about them -

Types of PNB Housing Finance (PNBHFL) Home Loan

PNB Housing Finance Home Loan for Purchase

Ideal for purchasing a new or pre-owned flat, row house, or bungalow. Buy a new or resale property.

• Loan Amount: Rs 8 lakh onwards
• Tenure: Up to 30 years
• Interest Rate:
  • Salaried: Starting at 8.25% p.a.
  • Self-employed: Starting at 8.10% p.a.
• Key Benefit: Competitive rates for salaried and self-employed individuals.

PNB Housing Finance Home Construction Loan

Designed for applicants who prefer to construct their home on a plot they own. Build a new home on owned land.

• Loan Amount: Based on the construction estimate and eligibility
• Tenure: Up to 30 years
• Interest Rate: As per the applicable home loan rates
• Key Benefit: Tailored to suit construction stages and budget.

PNB Housing Finance Home Improvement Loan

For renovating, repairing, or upgrading your existing home. Interior and exterior work (painting, plumbing, flooring, woodwork, etc.)

• Loan Amount: Depends on renovation cost and eligibility
• Tenure: Flexible, generally up to 15 years
• Interest Rate: Slightly higher than standard home loans
• Key Benefit: Covers a wide range of home improvement needs.

PNB Housing Finance Home Extension Loan

For adding more space to your existing home, like a new room, floor, or balcony. Expand the built-up area of your current residence.

• Loan Amount: Based on the cost estimate and the applicant’s eligibility
• Tenure: Up to 20 years
• Interest Rate: Similar to home purchase loans
• Key Benefit: Helps accommodate growing family needs.

PNB Housing Finance Plot Loan

For purchasing a residential plot to construct a home in the future. Buy a plot for residential construction.

• Loan Amount: Up to 70-75% of plot value
• Tenure: Typically up to 15 years
• Interest Rate: Marginally higher than regular home loan rates
• Key Benefit: Ideal for future home construction plans.

PNB Housing Finance NRI Home Loan

Specially designed for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). Purchase, construction, or renovation of a home in India

• Loan Amount: As per eligibility and income proof
• Tenure: Up to 30 years
• Interest Rate: Same as resident Indians (based on profile)
• Eligibility:
  • Must be an NRI/PIO with valid proof
  • Minimum 1-year work experience abroad
• Key Benefit: Easy home loan access for NRIs investing in Indian real estate.

PNB Housing Finance Roshni Home Loan

PNB Housing Roshni Home Loan is a specially designed affordable housing scheme aimed at individuals who are new to credit or self-employed with informal income, primarily from low to middle-income groups. Applicants must have a minimum monthly household income of Rs 10,000.

• Loan Amount: Rs5 lakh to Rs50 lakh
• Loan-to-Value (LTV) Ratio: Up to 90% of the property value
• Tenure: Flexible repayment tenure of up to 30 years.

PNB Housing Finance Home Loan Eligibility Criteria Based on Occupation

Below is the eligibility criteria required based on the job profile to apply for PNB Housing Finance (PNBHFL) housing loans -

Salaried Applicants -

• Age - All salaried applicants must be at least 21 years old at the time of loan commencement and not older than 70 years at the time of loan maturity.
• Residency - You must be a permanent resident of India.
• Work Experience - A minimum of 3 years of work experience is required.
• Salary - Your monthly salary should be Rs 15,000 or more.
• Loan Amount - Available from Rs 8 lakh onwards.
• Tenure - Flexible repayment tenure of up to 30 years.
• Loan-to-Value (LTV) - Financing available for up to 90% of the property value.
• Credit Score - A minimum CIBIL score of 611 or higher is recommended.

For Self-Employed / Professionals

• Age - Applicants must be at least 21 years old at the time of applying and should not exceed 70 years at the time of loan maturity.
• Residency - You must be a permanent resident of India.
• Work Experience - A minimum of 3 years of stable business continuity is required.
• Loan Amount - Starts from Rs 8 lakh onwards.
• Tenure - Loan repayment tenure of up to 20 years.
• LTV (Loan-to-Value) - Financing available for up to 90% of the property value.
• Credit Score - A minimum credit score of 611 is required to apply.
• Mandatory Documents -
  • Duly filled loan application form
  • KYC documents (as age and residence proof)
  • Income Tax Returns for the last 3 years
  • Bank statements of the business account for the past 12 months
  • Property documents, including title deed, approved building plan, sale deed, etc.
• Additional Requirement - Proof of income tax return filing is mandatory.

Documents Required to Apply For PNB Housing Finance (PNBHFL) Home Loan

Housing loan documents are mandatory when applying for a home loan, as they provide essential details about the applicant, such as age, address, income, employment status, and income tax history. It's important to note that income-related documents may vary slightly depending on whether the applicant is salaried or self-employed.

For Salaried Employees

• Address Proof: Aadhaar Card, Passport, Driving License, Telephone Bill, Ration Card, Voter ID, or any certificate issued by a Statutory Authority
• Age Proof: PAN Card, Passport, or any certificate issued by a Statutory Authority
• Income Proof: Last 3 months' salary slips

For Self-Employed Individuals

• Address Proof: Aadhaar Card, Passport, Driving License, Telephone Bill, Ration Card, Voter ID, or any certificate issued by a Statutory Authority
• Age Proof: PAN Card, Passport, or any certificate issued by a Statutory Authority
• Income Proof: Business income documents and Income Tax Returns (ITR) for the last 3 years.

Other Important Documents

For properties directly allotted by the developer -

• Allotment Letter
• Builder-Buyer Agreement
• Payment Receipts
• Permission to Mortgage from the Relevant Authority
• Compliance with Applicable Regulatory Guidelines.

For Resale Property

• Agreement to Sell
• All Previous Property Deeds from the First Allotment
• Registered Sale Deed/Conveyance Deed in Favor of the Seller
• Approved Layout/Map of the Property
• Possession Certificate and Latest Land Tax Receipt from the Relevant Authorities
• No Objection Certificate (NOC) from the Builder or Housing Society.

How to Calculate your EMI for PNB Housing Finance Home Loan?

With the help of the Wishfin PNB Housing Finance Home Loan EMI calculator , you can calculate your monthly installments on your home loan instantly. The calculator takes into account the loan amount, tenure, and interest rate to compute the EMI. Since it’s a monthly EMI calculation, the calculator converts the annual interest rate into the monthly interest rate before giving the results. Below is an example for your reference.

If you are interested in availing a home loan of Rs 30,00,000 from PNB Housing Finance (PNBHFL) for 30 years at the rate of 8.50% p.a. - 11.45% p.a., then you just need to enter three details on the Wishfin PNB Housing Finance Home Loan EMI Calculator-

• Loan Amount

• Loan Tenure

• Interest Rate

Fees/Charges of PNB Housing Finance (PNBHFL) Home Loan

How to apply for a PNB Housing Finance Home Loan Online?

You can apply for the loan at Wishfin, an online portal where you can compare different home loan offers and choose the best one for you. Wishfin experts help you in getting the lowest possible rate. So, apply online at Wishfin to get hassle-free home loans.

PNB Housing Finance Customer Care Number

Customers can reach the housing finance company for any product-related query. You can reach PNB Housing Finance (PNBHFL) at their official address or by calling 1800 120 8800.