✓ Loan Against Property from ₹15 Lakhs to ₹5 Cr ✓ Multiple Lending Partners ✓ Attractive Interest Rates  Apply Now

Opt for a PNB Housing Finance Loan Against Property on Bajaj Markets to leverage your property value for urgent financial requirements. You can get funding of up to 70% of the property value and enjoy lucrative interest rates starting at 9.24% p.a.

 

You can choose a flexible tenure of up to 240 months and repay comfortably. Enjoy minimal prepayment charges and processing fees when you opt for this facility.

Interest Rates and Charges

Here is the PNB Housing Finance Loan Against Property interest rates and other charges: 

Interest Rate

9.24% p.a. onwards

Processing Fee

 1% of the loan amount

Prepayment Charges

Nil

Disclaimer: The charges are subject to change at the discretion of the lender.

PNB Loan Against Property EMI Calculator

Loan Amount
Tenure
  • Months
  • Years
Rate of Interest
%

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount
Year Principal Interest Balance
PNB Housing Finance LAP

Features and Benefits

Here are some benefits you can enjoy:

Sizeable Loan Amount

Get a high loan amount up to ₹15 Crores with PNB Housing Finance

Flexible Tenure Option

Choose a repayment period of up to 20 years (240 months) and repay comfortably

Lucrative Interest Rates

Ease your borrowing cost with lower interest rates starting from 9.24% p.a.

High LTV Ratio

Get the best from your property with the loan-to-value ratio going up to 70%  

Customised Loan Terms

Select a loan offer based on your income and repayment capacity to keep funding in your budget

Eligibility Criteria and Documents Required

Here are the eligibility criteria you need to meet: 

  • Age: 21-70 years

  • Monthly income: Above ₹18,000 

  • Work experience: 3+ years for salaried and a total business vintage of at least 5 years for self-employed

 

Here are the general documents you need to submit to apply for a loan against property from PNB Housing Finance:

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

  • Address proof: Aadhaar card/passport/driving licence 

  • Latest educational degree certificate

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

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

  • Certificate and proof of business existence (applicable for self-employed 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

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How to Apply

After checking your eligibility, here are the steps you can follow to apply for LAP from PNB Housing

  • Click on the ‘Apply Now’ button on this page

  • Enter your personal details as required in the online application form

  • Enter the required loan amount and your preferred repayment tenure

  • Submit the digital form for verification

  • A representative will get in touch with you for further processing

LAP

FAQs

The maximum loan tenure available is 240 months for salaried and self-employed applicants.

It is an online computational tool that estimates your EMI based on the data you enter. Ensure you provide the right PNB Housing Finance Loan Against Property interest rate to get the correct EMI amount.

You can get  loans at interest rates starting from 9.24% p.a.

You must pay a processing charge of 1% of the loan amount.

Yes, you can get a top-up loan from PNB at rates linked to the prime lending rate of the financial institution.

Salaried individuals can claim tax deductions of up to ₹2 Lakhs in interest payments under Section 24(B) if funding is used for residential purposes. If you take the loan for business purposes, then it is eligible for tax benefits under Section 37(1). 

You can get the loan against all existing residential or commercial immovable properties.

PNB Housing Finance provides property and loan repayment insurance to cover your loan against property under unfortunate circumstances. 

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