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 three decades of specialised 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.
With over 30 years of industry expertise and customer trust behind us, we offer home loans tailored to your budget and at low interest rates. Whether you are looking to buy a home, build one, or renovate one, PNB Housing’s efficient and easy housing loan can help you get there.
Advantages of PNB Housing Home Loan
Attractive Interest Rate With PNB Housing, taking a home loan and repaying it as easy as it sounds on paper, thanks to home loan interest rates starting at as low as 6.75% per annum for both salaried and self-employed.
Loans for Everything A home loan shouldn’t only be restricted to the purchase of a new home. As such, PNB Housing provides seamless and quick loans for everything from home purchase to renovation to construction and home extension. Home Loan up to a 30-Year Tenure
Longer-term loans allow customers to pay lower EMIs each month and pursue other goals. PNB Housing offers customers 30-year housing loans (up to the age of 70) and 20-year tenure for Non-Home Loans.
Easy Finance PNB Housing promises to alleviate the initial financial burden of downpayment. PNB Housing can sanction and finance up to 90% of the house value (percentage funding depends upon the loan amount), implying you only have to arrange money for the remaining 10% to have a dream home finally.
Low Processing Fee Where most financial institutions and entities are charging 1-2% of the home loan amount as a processing fee, PNB housing charges 0.5% of home loan.