PNB HOUSING FINANCE LTD.

ABOUT PNB HOUSING FINANCE LTD


PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on November 11, 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in November 2016. Its equity shares are listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with effect from 7th November 2016.

With over two decades of specialized experience in housing finance, PNB Housing has a robust network of branches spread across the country which help its customers avail financial services (loans and deposits) seamlessly.

 

PNB Housing provides housing loans to individuals and corporate bodies for purchase, construction, repair and up gradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.

PRODUCT


HOME PURCHASE LOAN
HOME CONSTRUCTION LOAN
HOME EXTENSION LOAN
HOME IMPROVEMENT LOAN
RESIDENTIAL PLOT LOAN
HOME LOAN FOR NRIS
UNNATI HOME LOANS

HOME LOAN

At PNB Housing, we provide loans for purchase, construction and extension of dwelling units. We offer customized Home Loan solutions with best-in-class services, full-fledged domain knowledge and simplified loan procedures.

Home Purchase Loan by PNB Housing

PNB Housing excels in providing a complete bouquet of services to customers to meet their Home Loan needs. Ease of applying for a loan with branches spread across India, robust service delivery model and mark to market credit & financial policies help customers build a long term relationship of trust and commitment.

Advantages of taking Home Loan from PNB Housing

  • Provides an extensive range of home loan products like Home Purchase Loans, Home Construction Loans, Home Extension Loans, Home Improvement Loans and Plot Loans.
  • Pan India branch network
  • Robust service delivery model – door step services ensuring easy and fast approval & disbursal of loans
  • Excellent post disbursement services
  • Facility of enhancement in loan amount in the event of escalations in cost
  • Dedicated team of well-experienced employees who work on best-in-class information systems & network to deliver and provide customer satisfaction
  • High standards of ethics, integrity and transparency
  • Various repayment options

HOME LOAN ELIGIBILITY

Your age should not be more than 70 years at the time of loan maturity.

HOME LOAN DOCUMENTS REQUIRED

Salaried Employees

Self Employed/Professionals

Duly filled Application Form with Photograph Duly filled Application Form with Photograph
Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority) Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority) Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
Education Qualifications – Latest Degree Education Qualifications – Latest Degree (for professionals)
Latest Salary-slips for 3 months Certificate & Proof of business existence along with Business Profile
Form 16 for last 2 years Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
Last 6 months Bank Statements(salary account) Last 12 months Bank Account Statements (self & business)
Processing Fee Cheque in favour of ‘PNB Housing Finance Ltd.’ Processing Fee Cheque in favour of ‘PNB Housing Finance Ltd.’
Photocopy of Title Documents of the Property, Approved Plan Photocopy of Title Documents of the Property, Approved Plan etc.

All documents need self-attestation.

HOME LOAN INTEREST RATE

FLOATING RATE

PNB Housing offers floating rate of interest, linked to its benchmark rate PNBHFR:

PNBHFR for existing customers (loan disbursed) acquired before 1st March 2017: 14.35% p.a.
PNBHFR for new customers (loan disbursed) acquired on and after 1st March 2017 as follows:

  • PNBHFR HL Salaried: 8.50%
  • PNBHFR HL SENP: 8.55%
Salaried Self Employed Professionals Self Employed Non Professionals
8.60%-10.25% 8.60%-10.25% 8.85%-10.75%

*Rates of interest are subject to change at the sole discretion of PNB Housing.

FIXED RATE

PNB Housing offers 2 year fixed ROI w.e.f. July 3rd, 2017. 3 year, 5 year & 10 year Fixed Rate Scheme w.e.f. May 26th, 2017

For Amount up to 30 Lakhs

Salaried & Self Employed Professionals

Fixed for 2 years Fixed for 3 years Fixed for 5 years Fixed for 10 years
8.50% – 10.25% 8.60% – 10.25% 8.60% – 10.25% 9.00% – 10.25%

Self Employed Non-professionals

Fixed for 2 years Fixed for 3 years Fixed for 5 years Fixed for 10 years
8.75% – 10.75% 8.85% – 10.75% 8.85% – 10.75% 9.25% – 10.75%

For Amount above 30 Lakhs

Salaried & Self Employed Professionals

Fixed for 2 years Fixed for 3 years Fixed for 5 years Fixed for 10 years
8.60% -10.25% 8.70% – 10.25% 8.70% – 10.25% 9.00%-10.25%

Self Employed Non-professionals

Fixed for 2 years Fixed for 3 years Fixed for 5 years Fixed for 10 years
8.85%-10.75% 8.95%-10.75% 8.95%-10.75% 9.25%-10.75%

Post the fixed rate period, interest rate would automatically get converted into floating rate prevailing at that time for the residual loan amount.

*Rates of interest are subject to change at the sole discretion of PNB Housing.

DOWNLODE-

pnb hfl loan-application-form

pnb hfl term & condisund

 

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