35 Lakh PNB Home Loan

Are you thinking of home renovation, home construction, or purchasing your dream house? It can never be as easy as applying for a home loan from PNB, where the PNB 35 lakh home loan comes with low interest rates, a long tenure, and affordable EMIs. Whether you are salaried or self-employed, you can avail of the PNB housing loan for 35 lakh at floating interest rates, which may differ depending on your credit rating.

The PNB home loan interest rate for 35 lakh is linked to its benchmark rate, PNBHFR, and with effect from April 10, 2024, the rate of interest can be as low as 8.50%–8.80%. Applying for a 35 lakh home loan from PNB can fetch great deals, especially if your credit score is more than 750 or the primary applicant is a female.

35 Lakh Home Loan PNB : Highlights

Let us look at some of the key highlights of the PNB 35 lakh home loan:

35 Lakh PNB Home Loan EMI For 5 Years

35 Lakh PNB Home Loan EMI for 10 years

35 Lakh PNB Home Loan EMI For 15 Years

35 Lakh PNB Home Loan EMI for 20 years

35 Lakh PNB Home Loan EMI For 25 Years

35 Lakh PNB Home Loan EMI For 30 Years

Pro Tip : Calculate, compare, and choose the best loan option with PNB Home Loan EMI Calculator.

35 Lakh PNB Home Loan : Fees and Charges

Here are some details about the charges associated with a 35 lakh PNB home loan:

• Loan Processing Charges: up to 0.50% of loan plus applicable service tax
• Foreclosure charges: Zero prepayment and foreclosure charges

35 Lakh PNB Home Loan: Documents Required

Both salaried and self-employed applicants must submit:

• Application form along with latest photographs
• Address Proof: Driving License, Aadhar card, Ration Card, Passport, Telephone Bill, Election Card, or any other certificate issued by a Statutory authority
• Age Proof: PAN Card, Passport, or any other government-issued certificate
• Income Proof:
• (For Salaried Applicants): Salary slips of the last 3 months
• (For Self-Employed Applicants): Income proof for business and ITR

35 Lakh PNB Home Loan: Eligibility Criteria

Explore the prerequisites for eligibility in obtaining a 35 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: INR 8 lakh onwards
6. Tenure: Maximum tenure of 30 years
7. LTV: 90% or more
8. Credit Score Requirement: 611+

Self-Employed Applicants:

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.
8. Additional: You apply for income tax returns.