2 Crore PNB Home Loan

PNB Housing Finance can help you finance your dream home, even for a luxurious ₹2 crore property. Their home loans provide ample funds to cover a substantial portion of the cost. These loans are designed for salaried and self-employed individuals, with eligibility based on factors like credit score, income, and work experience. With flexible repayment options for up to 30 years, you can create a plan that aligns with your financial comfort. Whether you're a high-earning professional or an entrepreneur seeking a luxurious home, a ₹2 crore PNB home loan could be your key.  

2 Crore Home Loan PNB – Highlights

2 Crore PNB Home Loan EMI For 5 Years

2 Crore PNB Home Loan EMI for 10 years

2 Crore PNB Home Loan EMI For 15 Years

2 Crore PNB Home Loan EMI for 20 years

2 Crore PNB Home Loan EMI For 25 Years

2 Crore PNB Home Loan EMI For 30 Years

Pro Tip : Plan your finances with precision using PNB Home Loan EMI calculator.

2 Crore PNB Home Loan – Fees and Charges  

2 Crore PNB Home Loan – Documents Required

Applicant Documents:

• Duly filled Loan Application Form: Obtained from the bank.
• Photographs: Passport-sized recent photographs of all applicants.
• Identity Proof: Documents like PAN Card, Passport, Voter ID Card, and Aadhaar Card (mandatory for loans above ₹10 lakh).
• Residence Proof: Similar documents are needed for identity proof (rental agreement, if applicable).
• Age Proof: PAN Card, Passport, or other documents issued by a government authority.
• Educational Qualification Proof: Though not always mandatory, it may sometimes be requested.

Income Documents (Salaried Individuals):

• Salary Slips: The last 3 months’ salary slips with deductions mentioned.
• Form 16: Most recent Income Tax Return (ITR) acknowledgement and Form 16.
• Bank Statements: The bank statements for the last 6 months show salary credits.

Income Documents (Self-Employed Individuals):

• Proof of Business: Business registration documents, licenses, etc.
• Income Tax Returns: ITRs with audited financial statements for the past 3 years.
• Bank Statements: The bank statements for the last 6 months show business income.

Property Documents:

• Sale Deed or Agreement: Original documents for the property being purchased.
• No Objection Certificate (NOC): From housing society or relevant authorities.
• Property Tax Receipts: Up-to-date property tax receipts.
• Building Approvals and Completion Certificates: If applicable for new constructions.
• Encumbrance Certificate: Verifying the property is free from legal or financial claims.

Additional Documents:

• Processing Fee challan (if applicable).
• Co-applicant documents (if applicable) follow the same pattern.

2 Crore PNB Home Loan – Eligibility Criteria

• Minimum Age: 21 years at application, shouldn’t exceed 70 years at loan maturity
• Residency: Permanent resident of India
• Minimum Credit Score: 611 (higher score leads to better interest rates)
• Work Experience:
  • Salaried: Minimum 3 years
  • Self-employed: Minimum 3 years of business continuity
• Minimum Salary: ₹15,000 per month (though higher income may be needed for a ₹2 Crore loan)
• Loan Tenure: Up to 30 years
• Loan-to-Value (LTV): Up to 90% of the property’s market value (meaning you might need a down payment of 10%)