PNB Loan Against Property

Loan Against Property (LAP) from PNB Housing is here to help you fulfil all your financial requirements. Whether it is business expansion, a child’s education, travel or a medical emergency, a loan against property will help you in the best way possible.

In fact, the PNB Housing Finance loan against property interest rate starts at 9.24% p.a., and you can avail up to ₹15 Crores. To get started and enjoy these benefits, apply for a PNB Housing Finance loan against property on Bajaj Markets today!

To learn more about the Punjab National Bank Housing Finance loan against property, its processing charges, eligibility terms, and more, read on.

Disclaimer: The charges are subject to policy changes of PNB Housing Finance.

Knowing the interest rates of different lenders helps you make an informed choice. To help you choose the right lender, here is a comparison of the PNB Housing Finance LAP interest rates with various partners on Bajaj Markets. 

Disclaimer: The interest rates for each lending partner are subject to change at the financial institution’s discretion.

You can compute your EMI using the PNB Housing Finance loan against the property calculator on Bajaj Markets. Enter the principal amount, repayment tenure, and the applicable Punjab National Bank Housing Finance loan against the property interest rate.

Note that these are the three main factors deciding your EMI amount. You can tweak these parameters to help you arrive at a suitable EMI. This way, you can plan your finances better.

Here are the essential PNB Housing Finance loan against property eligibility criteria you must meet to avail this financing option:

• You must be between 21-70 years

• Your net monthly income must be above ₹18,000

• You must have a work experience of at least 3 years, if you are a salaried professional and a total business vintage of at least 5 years, if self-employed. 

Once you meet the required eligibility criteria, you must submit the following PNB Housing Finance loan against property documents after approval. 

The paperwork needed is as follows:

• Identity proof: PAN card/Voter ID/Aadhaar card 

• Address proof: Aadhaar card/Passport/Driving licence 

• Latest degree certificate to validate your educational qualification

• Salary slips of the last three months (applicable for salaried applicants) 

• Certificate & Proof of business existence (applicable for self-employed applicants) 

• Form 16 for the last two financial years (applicable for salaried applicants) 

• ITR for the last three financial years (applicable for self-employed applicants) 

• Self-attested photocopy of the title documents of the property and approved plan