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Apply for the PNB Housing Finance Limited Loan Against Property through Bajaj Markets at an interest rate starting from 8.75% p.a.
Last updated on: Jun 06, 2026
Unlock the substantial value of your assets with a PNB Housing Finance Limited Loan Against Property, now available on Bajaj Markets. This credit facility offers robust financing of up to 15 Crores, featuring competitive interest rates starting at just 8.75% p.a. and a flexible repayment tenure extending up to 20 years. Whether you are a salaried professional, a self-employed individual, or an NRI, the process is designed for your convenience. You can effortlessly check your eligibility, use the EMI calculator to plan your finances, and complete your application for a PNB Housing Finance LAP entirely online through Bajaj Markets in just a few simple steps.
The PNB Housing Finance Limited Loan Against Property (LAP) available through Bajaj Markets is a powerful financial aid designed to help you unlock the hidden value of your residential or commercial real estate.
| Parameters | Details |
|---|---|
Interest Rate |
Starting from 8.75% p.a. |
Maximum Loan Amount |
Up to 15 Crores |
Maximum Repayment Tenure |
Up to 20 years (240 months) |
Processing Fee |
Up to 1% of the loan amount |
Prepayment Charges |
Nil for individual borrowers with floating rate loans |
Loan-to-Value (LTV) Ratio |
Up to 70% of the property’s market value |
Co-applicant |
Mandatory for all property co-owners; immediate family members can be added to enhance eligibility |
Primary charges like interest rates, processing fees, and prepayment charges can impact your EMIs and loan repayment. Here are the PNB Housing Finance Limited loan against property interest rates and other charges:
| Particulars | Details |
|---|---|
Interest Rate |
Starting at 8.75% p.a. |
Processing Fee |
1% of the loan amount |
Prepayment Charges |
Nil |
Legal Fee (for loan appraisal) |
As per actual |
Overdue Charges |
24% p.a. on the overdue EMI for the delay period |
ROI Change - Fixed to Floating |
3% of POS (Principal Outstanding) + GST |
Original Property Documents Retrieval on Request |
₹1,000 + GST |
Disclaimer: The details mentioned above are subject to change at the lender’s discretion.
PNB Housing Finance Limited offers LAP facilities supported by a wide network of branches across India. The lender also ensures accessibility and dependable customer support. Additional benefits of the loan include:
Get a high loan amount up to 15 Crores with PNB Housing Finance Limited. The amount can cover a broad range of expenses.
Choose a repayment period of up to 20 years (240 months) and repay comfortably. Use the PNB LAP EMI calculator on Bajaj Markets before curating your repayment strategy.
Lower your borrowing cost with PNB loan against property interest rates starting at 8.75% p.a. You can secure this lower rate by demonstrating a good repayment history.
Get the best from your property with the loan-to-value ratio going up to 70%.
Select a loan offer based on your income and repayment capacity to keep funding in your budget.
PNB Housing Finance Limited enables you to unlock the potential of your property by offering customised Loan Against Property solutions. Depending on your asset type, you can choose from the following:
You can mortgage your self-occupied or rented residential property to access funds. This option allows you to utilise the value of your home without selling it, making it a practical choice for personal or business needs.
You can pledge your commercial property, such as offices, shops, or other business premises, to secure financing. This type of loan is ideal for meeting business expansion requirements or covering significant financial commitments.
Here are the eligibility criteria you need to meet:
| Parameter | Description |
|---|---|
Employment Type |
Available to Salaried individuals, Self-employed professionals (e.g., Doctors, CAs), and Self-employed non-professionals (Business owners/Entrepreneurs). |
Property Type |
Loans can be secured against Residential property (self-occupied or rented) or Commercial property (offices, shops, or business premises). |
Minimum Age for Applying |
The applicant must be at least 21 years old at the time of application. |
Maximum Age at Loan Maturity |
The loan must typically be fully repaid by the time the applicant reaches 70 years of age. |
Credit Score |
A CIBIL score of 700 or above is preferred |
Loan to Value (LTV) |
You can get financing of up to 70% of the market value of the property |
Here are the general documents you need to submit to apply for a loan against property from PNB Housing Finance Limited:
| Document Type | Salaried Applicants | Self-Employed Professionals | Self-Employed Business Owners | NRI Applicants |
|---|---|---|---|---|
Proof of Identity & Age |
PAN Card, Voter ID, Aadhaar Card, or Passport |
PAN Card, Voter ID, Aadhaar Card, or Passport |
PAN Card, Voter ID, Aadhaar Card, or Passport |
Passport (Mandatory), Voter ID, or PAN Card |
Proof of Address |
Driving Licence, Passport, Election Card, or Utility Bills |
Driving Licence, Passport, Election Card, or Utility Bills |
Driving Licence, Passport, Election Card, or Utility Bills |
Overseas Address Proof (Utility bill/Driving License) and Indian Address Proof |
Income Proof |
Salary slips (last 3 months) and Form 16 (last 2 years) |
ITR for the last 3 financial years (Self & Business) |
ITR for the last 3 financial years (Self & Business) |
Last 6 months' salary slips and latest copy of Icard |
Financial Statements |
Last 6 months' Bank Statement (Salary Account) |
Last 12 months' Bank Statements (Self & Business) |
Last 12 months' Bank Statements (Self & Business) |
Last 6 months' Overseas Bank Statement and NRE/NRO account statement |
Educational & Business Proof |
Latest Educational Qualification Certificate |
Latest Degree Certificate (for Professionals) and Business Profile |
Certificate & Proof of Business Existence and Business Profile |
Qualification Certificate (for Professionals) or Employment Contract |
Property Documents |
Self-attested title documents & approved plan |
Self-attested title documents & approved plan |
Self-attested title documents & approved plan |
Self-attested title documents & approved plan |
Additional Requirements |
Duly filled application form with photograph |
Audited P&L Account and Balance Sheets (last 3 years) |
Audited P&L Account and Balance Sheets (last 3 years) |
Copy of valid Visa/Work Permit and Continuous Discharge Certificate (for Merchant Navy) |
After checking your eligibility, here are the steps you can follow to apply for LAP from PNB Housing Finance Limited:
Click on the ‘Check Offer’ button displayed on this page
You will be redirected to the online application form
Choose the loan category you wish to apply for, such as Home Loan, Balance Transfer, or Loan Against Property
Specify your profession by selecting either Salaried or Self-Employed/Business Owner
Provide your mobile number to continue with the eligibility check
Agree to the terms of use and grant consent for sharing your details as required
Finally, click on ‘Apply Now’ to submit your application
You can track the progress of your home loan application online by following these steps:
Visit the PNB Housing Finance Limited Loan webpage
On the right side of the page, select ‘Housing Loan’
A new page will open. Click on the ‘Track Your Loan Application’ button
On the next page, enter your Reference ID (shared when you completed the loan application)
Enter your registered mobile number and confirm the details
Tick the check box and press ‘Submit’
To download your Loan Against Property statement from PNB Housing Finance Limited, follow these steps:
Go to the PNB Housing Finance Limited customer portal
Log in with your credentials (login ID and password)
Click on the 'Write to us' or 'Service Request' option
Select 'Loan' as your account type
Choose 'Statement of Account' under inquiry types
Enter your Loan Against Property account number and validate
Submit your request
The customer service team will send the loan statement to your registered email or help you download it directly.
PNB Housing Finance Limited offers flexible repayment options for its Loan Against Property. This ensures you can choose a schedule that suits your financial capacity:
Under this option, you pay a fixed amount every month throughout the loan tenure. This instalment covers both principal and interest, making your repayment predictable and easier to plan.
With the step-up EMI option, you begin with lower monthly payments in the initial years, and the instalments gradually increase over time, typically in line with your growing income. This option is beneficial if you expect your income to rise in the coming years.
PNB loan against property EMI calculator is an online computational tool that estimates your EMI based on the data you enter. Ensure you enter the correct interest rate to get an accurate EMI estimate.
Yes, you may apply for a top-up loan on your existing Loan Against Property if you meet the eligibility criteria. The top-up facility provides additional funds secured by the same property.
The loan amount is primarily determined by the market value of the mortgaged property. Typically, you can receive up to 70% of the property’s assessed value.
Yes, NRIs are eligible to apply for a Loan Against Property with PNB Housing Finance, provided they meet the prescribed criteria. It is advisable to contact the lender directly for detailed requirements.
Processing times vary by applicant profile. For salaried professionals, applications are generally processed within 4–5 business days, while for self-employed individuals, it may take 7–10 business days.
Yes, income proof is a mandatory requirement. Documents such as salary slips, Form 16, or Income Tax Returns (ITR) are typically needed to assess repayment capacity.
Yes, PNB Housing Finance offers both fixed and floating interest rate options. The applicable rate depends on factors such as your credit profile and loan amount.
PNB Housing Finance Limited accepts properties located in metro, urban, and semi-urban areas as collateral. Properties situated in rural areas are not accepted.
Yes, a Loan Against Property can impact your credit score. Adding a secured mortgage loan to your credit profile may improve your credit mix and strengthen your financial standing.
Yes, property insurance is mandatory. You must insure the mortgaged property against risks such as fire, flood, earthquake, and other natural or accidental hazards.
To download your statement, log in to the PNB Housing Finance Limited customer portal with your credentials. Navigate to ‘Service Request’ or ‘Write to Us’ and select ‘Loan’ as the account type. Choose ‘Statement of Account,’ enter your loan number, and validate. The statement will be available for download or emailed to you.
Visit the PNB Housing Finance Limited website and select ‘Housing Loan’ on the loan webpage. Click ‘Track Your Loan Application’ and enter your Reference ID and registered mobile number. After confirming the details and submitting, the portal will display the real-time progress of your Loan Against Property application.
While PNB Housing Finance Limited prefers a CIBIL score of 700 or above for competitive interest rates, applicants with scores as low as 650 may still qualify. Higher scores generally secure better terms, while those with lower scores or "New to Credit" (NTC) status may face higher interest rates and stricter evaluation.
It is a secured loan where you mortgage your residential or commercial property as collateral to access funds. PNB Finance evaluates the property's market value and provides a loan (up to 70% LTV). You retain property ownership while repaying the amount via monthly EMIs over a tenure of up to 20 years.
Yes, both salaried professionals and self-employed individuals/business owners can apply. Salaried applicants typically need a minimum of 3 years of work experience, while self-employed individuals require at least 5 years of business continuity. Both must meet the minimum monthly income requirement of ₹18,000 to be eligible for the loan.
Yes, PNB Housing Finance offers top-up loan facilities on existing Loan Against Property accounts. This allows you to access additional funds secured by the same property. Eligibility for a top-up is determined by your repayment track record, current income, and the remaining market value of the mortgaged asset.
Defaulting leads to a negative credit score impact and penal interest charges. Since the loan is secured, PNB Housing may eventually initiate legal recovery proceedings under the SARFAESI Act. This can result in the seizure and auction of the mortgaged property as a last resort to recover the outstanding dues.
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