30 Lakh PNB Home Loan

In a country where homeownership is not just a personal goal but also a cultural milestone, the surging real estate prices often render it a distant dream for many. This is where the instrumental role of home loans comes into play.

To fulfil your dream of owning a home, Punjab National Bank offers several home loan plans with competitive interest rates, flexible repayment options, and a nationwide network of branches. The 30 Lakh Home Loan from PNB is popular among aspiring homeowners. 

30 Lakh Home Loan PNB – Highlights 

Take a look at the key highlights of the 30 Lakh Home Loan from Punjab National Bank:

30 Lakh PNB Home Loan EMI For 5 Years

30 Lakh PNB Home Loan EMI for 10 years

30 Lakh PNB Home Loan EMI For 15 Years

30 Lakh PNB Home Loan EMI for 20 years

30 Lakh PNB Home Loan EMI For 25 Years

30 Lakh PNB Home Loan EMI For 30 Years

Pro Tip: Enjoy hassle-free home loan planning with PNB Home Loan EMI Calculator.

30 Lakh PNB Home Loan – Fees and Charges

Banks engage in legal activities such as document verification and inspection as part of home loan processing. Punjab National Bank imposes a home loan processing fee, capped at 1%.

30 Lakh PNB Home Loan – Documents Required 

To complete your home loan application, the bank requires the following documents from the borrower. 

1. Address Proof: Aadhar card, passport, driver’s licence, phone bill, Ration card, election card, and any other statutory authority certificate.
2. Age Proof: Passport, PAN card, or any other legally required document.
3. Proof of Income: Salary slips from the previous three months for salaried workers. ITRs and audited balance sheets (if applicable) for the past two years of company or activity are required for self-employed individuals.

30 Lakh PNB Home Loan – Eligibility Criteria 

Explore the prerequisites for eligibility in obtaining a 30 Lakh Home Loan from PNB:

Salaried Applicants:

1. Age: 21 years to 70 years
2. Residency: Applicants must be permanent residents of India.
3. Work experience: Three years of minimum work experience is needed.
4. Minimum salary: INR 15,000 or more per month is the minimum necessary.
5. Loan Amount: starting at INR 8 lakh
6. Tenure: Maximum tenure of 30 years
7. LTV: 90% or more
8. Credit Score Requirement: 611+

Self-Employed:

1. Age: 21 years to 70 years
2. Residency: You should be a permanent resident of India.
3. Work Experience: You should have at least 3 years of business continuity.
4. Loan Amount: INR 8 Lakh onwards.
5. Tenure: Up to 20 years.
6. LTV: Up 90%
7. Credit Score Requirement: A minimum credit score of 611 is needed to apply for a Home Loan.