A PNB Personal Loan can be useful when you need funds for planned or unexpected expenses. As per PNB Bank, eligible digital personal loan borrowers can get rates starting at 10.60% p.a. for floating rates and 11.60% p.a. for fixed rates*, with a processing fee of up to 1% of the loan amount*. The rate, loan amount and charges may vary based on your CIBIL score, income and borrower category. Here, you can check the PNB Personal Loan Interest Rate, EMI, eligibility, documents, fees, tenure and total repayment cost.
What Is the PNB Personal Loan Interest Rate in 2026?
A PNB Bank Personal loan interest rate depends on the CIBIL score, borrower category, and the type of personal loan you choose. The table below will help you to understand things and make the right decision.
| Details | Information |
|---|
| Interest rate-Floating | Starts at 10.60% p.a.* for eligible Digital Personal Loan borrowers |
| Interest rate-Fixed | Starts at 11.60% p.a.* for eligible Digital Personal Loan borrowers |
| Maximum loan amount | Depends on the applicable PNB personal-loan scheme, borrower category and repayment capacity |
| Processing fee | Generally 1% of the loan amount* for the Personal Loan Scheme; applicable charges can vary by scheme |
| Pre-approved loan charges | 0.50% of the loan amount, subject to a minimum of ₹500 + GST* |
| Documentation charges | ₹270 for loans up to ₹2 lakh and ₹450 above ₹2 lakh, as listed for the Personal Loan Scheme* |
| EMI | Depends on the loan amount, interest rate and repayment tenure |
| Repayment tenure | Up to 72 EMIs*, although some borrower categories may have shorter repayment limits |
| Total repayment | Principal + interest + applicable fees |
| Eligibility | Depends on factors such as income, employment profile, CIBIL score and repayment capacity |
Note: PNB’s floating personal loan rate is linked to its Repo Linked Lending Rate (RLLR). The current RLLR is 8.10%*, which includes a 2.50%* mark-up and a 0.35%* Business Strategy Premium (BSP). For applicable personal loan categories, PNB adds another 2.50%*, making the starting interest rate 10.60% p.a.* Your actual rate may vary based on your CIBIL score, loan scheme and borrower category.
How Much EMI Will You Pay on a PNB Personal Loan?
Your EMI depends on the loan amount, interest rate and repayment period. For example, if you borrow ₹5 lakh at 10.60% p.a.* for 60 months, your estimated monthly EMI will be ₹10,772*. This means you would pay around ₹10,772* every month for 5 years. The actual EMI may differ slightly depending on the interest rate and loan terms offered by PNB. The calculation is only indicative.
Disclaimer: PNB Personal Loan rates, fees, eligibility, and changes mentioned are based on information available as of August 2026 and are for reference only. Your actual rate, EMI, loan amount and charges may vary based on your eligibility, loan scheme and applicable terms. Check the latest details with PNB before applying.
What Determines Your PNB Personal Loan Interest Rate?
The rate you receive from PNB is not necessarily the lowest rate advertised. It can vary based on your credit profile, loan scheme, employment category and the type of interest rate you choose.
| Factors | Why it matters |
|---|
| CIC score* | A stronger credit score may help you get a lower rate under applicable schemes. |
| Loan scheme | PNB has different personal loan schemes with different terms and rates. |
| Employment category | Government, PSU, private-sector employees, pensioners and other borrowers may have different terms |
| Existing PNB relationship* | Some schemes are available specifically to existing PNB customers |
| Fixed or floating rate* | The rate can differ depending on whether you choose a fixed or floating option |
| Income | A stable and sufficient income can support your loan eligibility and ability to repay the EMI |
| Loan Amount | The amount you borrow can affect the applicable loan terms. So, borrow only what you need to keep the repayment manageable |
| Repayment Tenure | A long-term tenure can reduce the EMI, but it may increase the total interest paid over the loan period |
Will Every PNB Borrower Get the Lowest Mentioned Interest Rate?
No, the lowest advertised rate* is available only to borrowers who meet the eligibility and pricing conditions of the relevant PNB loan scheme. Your interest rate can vary based on your CIBIL score, borrower category, loan schemes and other applicable terms.
Fixed vs Floating PNB Personal Loan Rate: Which Should You Choose?
The choice between a fixed and floating PNB Personal Loan rate affects how your interest and EMI may change over the loan period. Compare both options based on your budget, repayment period and comfort with changing EMIs before choosing.
| Fixed Rate | Floating Rate |
|---|
| Rate is fixed as per the applicable terms* | Rate can change with the applicable benchmark* |
| Easier to plan repayments | EMI/interest burden may change |
| May suit borrowers who prefer predictable payments | May suit borrowers comfortable with rate changes |
How Your PNB Personal Loan Interest Rate Affects Your EMI
The interest rate directly affects your PNB personal loan EMI. A higher rate means a higher EMI and more total interest. For example, if you borrow ₹5 lakh for 5 years, the table below shows how your estimated EMI changes at different interest rates.
| Loan Amount | Interest Rate | Tenure | Estimated EMI | Total Interest | Total Repayment |
|---|
| ₹5 Lakh | 10% p.a.* | 5 years | 10,624 | ₹1,37,428 | ₹6,37,428 |
| ₹5 Lakh | 11% p.a.* | 5 years | 10,871 | ₹1,52,273 | ₹6,52,273 |
| ₹5 Lakh | 12% p.a.* | 5 years | 11,122 | ₹1,67,318 | ₹6,67,318 |
| ₹5 Lakh | 14% p.a.* | 5 years | 11,634 | ₹1,98,025 | ₹6,98,025 |
Who Can Get a PNB Personal Loan?
PNB Personal Loan eligibility depends on the loan scheme and borrower category. Requirements such as income, CIC score, banking history and guarantor conditions can differ across PNB schemes*. Check the criteria applicable to your category before applying.
For the applicable self-employed professional scheme, the key requirements include:
- Applicant: Individual self-employed professional meeting the scheme requirements.
- Income: Minimum gross annual income of ₹6 lakh* for the last two years.
- Credit Score: Minimum 750* (CIBIL or an equivalent credit information company score) for the applicant.
- Banking history: A satisfactorily maintained Savings or Current Account for at least 2 years.
- Annual transactions: At least ₹5 lakh during the previous financial year across eligible accounts.
- Guarantor: A suitable third-party guarantor with minimum annual income of ₹6 lakh* and a CIC score of 650 or above.
- Repayment period: Up to 60 EMIs* or until the borrower reaches 65 years of age, whichever is earlier.
Note: These are scheme-specific conditions, so do not present them as universal PNB Personal Loan eligibility criteria.
What Should You Check If PNB Offers You a Higher Interest Rate?
If the rate offered to you is higher than the starting rate, then check the loan scheme, borrower category, CIBIL score requirements and fixed or floating rate options applicable to your application. Also compare the EMI and total repayment cost, not only the interest rate.
PNB Personal Loan Processing Fee & Other Charges: Things To Know
Interest is not the only cost of a personal loan. Punjab National Bank also charges a processing fee and documentation charges, while applicable taxes are extra. Here is what you should budget for:
| Details | PNB Charges |
|---|
| Processing fee | For the standard PNB Personal Loan Scheme, the processing fee is 1% of the loan amount*. |
| Documentation charge | ₹270 for loans up to ₹2 lakh* & ₹450 for loans above ₹2 lakh*₹500 for pensioners and self-employed |
| GST/taxes | Extra, as applicable |
| Processing fee for pensioners | NIL |
For example, on a ₹5 lakh loan, a 1% processing fee* would be ₹5,000, before applicable taxes and other charges. So, when comparing a loan, look beyond the interest rate and include these fees in your total borrowing cost.
Documents Required for the PNB Personal Loan
The documents required for a PNB Personal Loan depend on your profession and the loan scheme. Keep these documents ready before applying:
Documents commonly required
- Loan application form with photograph
- Identity/address proof
- Income proof
- Bank statements
- ITR/Form 16, where applicable
- Additional documents depending on profession and loan scheme
Additional Documents by Applicant Type
| Applicant | Additional documents |
|---|
| Salaried | Salary certificate, Form 16/ITR, salary account statements |
| LIC agent | Agency details and applicable policy/collateral documents |
| Doctor | Income documents, at least 1 year of bank statements and applicable guarantor details |
How to Apply for a PNB Personal Loan
PNB offers multiple ways to apply for a personal loan. Depending on the eligibility and the loan scheme, you need to provide your details and submit the required documents to complete the process. Check the steps below to understand:
PNB ONE app or Internet Banking:
- Log in to your ONE app or PNB Internet Banking account
- Look for the personal loan or loan application options
- Select the relevant personal loan scheme
- Enter the required personal and income details
- Upload the requested document if applicable
- Review the loan details and submit your application
- PNB will assess your application and will get back to you with the applicable loan terms
Branch visit:
- Visit your nearest PNB branch
- Ask for the personal loan application form
- Fill in your personal, employment and income details
- Submit the required documents along with the application form
- PNB will verify the details and assess the eligibility
- If approved, you will get the loan terms and further details
PNB Insta Loans portal:
- Visit the PNB Insta Loan portal
- Select the relevant loan option
- Enter the required details and verify your information
- Follow the instructions shown on the portal
- Submit the application and complete any required verifications
- If you are eligible and it is approved, PNB will provide the applicable loan terms and disbursement details
PNB Personal Loan EMI Late Payment: Charges and Impact
Missing your PNB Personal Loan EMI due date can increase your borrowing cost. As per PNB, delayed repayment of a loan can attract a penal charge of 2% above the normal rate of interest*. The charge applies for the period of default, subject to the terms applicable to your loan. If you expect to miss an EMI, check your loan terms and contact PNB instead of delaying the payment.
What Should You Check Before Taking a PNB Personal Loan?
- Interest rate: Check the rate offered to you, not just PNB’s starting rate. A small difference can increase your total interest.
- EMI: Make sure the monthly EMI fits comfortably into your budget.
- Total cost: Check the processing fee, documentation charges, GST and other applicable charges along with the interest.
- Tenure: A longer tenure means a lower EMI, but you may pay more interest overall.
- Loan terms: Before signing, check the loan amount, EMI, repayment period, prepayment conditions and late-payment charges.
How Can NoBroker InstaCash Help With a Personal Loan?
If you need a personal loan but want a fully digital process, NoBroker InstaCash can be an option to consider. It may also help borrowers who do not have a salary account with a particular bank or want to check a loan offer without visiting a branch. However, the interest rate can be higher than the bank loan discussed in this article, so compare the total borrowing cost before choosing.
Key Features
- Loan amount: ₹5,000–₹10 lakh*
- Tenure: 3 months to 5 years
- Application: Fully digital, with no branch visit
- Disbursal: After approval and verification, subject to applicable terms
Eligibility
- Salaried or self-employed
- Have a CIBIL score above 700 or an Experian score above 750
- Should be between 21 and 65 years of age
Rates and Fees
| Particular | InstaCash |
|---|
| Interest rate (APR) | 12.99%-29.99% p.a.* |
| Processing fee | 2%-4% of loan amount + GST* |
Getting Started With InstaCash
- Open the InstaCash app or NoBroker's InstaCash page.
- Enter your KYC and employment information.
- Check the loan amount and terms offered to you.
- Complete the required digital e-signing.
- The loan amount is disbursed after approval and verification, subject to the applicable terms.
PNB Personal Loan Customer Care & Contact Details
| Contact Options | Details |
|---|
| Customer Care | 1800 1800 / 1800 2021 |
| Email for Customer Queries | care@pnb.bank.in |
| Complaint / Grievance | 1800 180 2223 |
Frequently Asked Questions
Q. What is the PNB Personal Loan Interest Rate in 2026? Ans: PNB’s Digital Personal Loan rates currently start at 10.60% p.a. for floating rates and 11.60% p.a. for fixed rates for eligible borrowers. The rate offered can vary by scheme and borrower profile.
Q. How is the PNB Personal Loan EMI calculated? Ans: Your EMI depends on the loan amount, interest rate and tenure. For example, a ₹5 lakh loan at 10.60% p.a. for 60 months has an estimated EMI of around ₹10,772.
Q. Does PNB offer fixed and floating personal loan rates? Ans: Yes, PNB offers fixed and floating rates under applicable schemes. Compare both options before choosing based on your repayment preference.
Q. What happens if I miss my PNB Personal Loan EMI? Ans: A delayed EMI can increase your borrowing cost. PNB currently states that delayed loan repayments can attract a penal charge of 2% above the normal rate of interest. The applicable charge and calculation depend on your loan terms and the period of default.
Most Viewed Articles
With a passion for both property and prose, Nivriti crafts compelling content that informs and empowers real estate audiences. She translates complex market trends and investment strategies into clear, engaging articles, blogs, and website copy. Her background in real estate fuels insightful content that resonates with buyers, sellers, and industry professionals alike. When she isn't diving into the latest market data, you might find her exploring hidden gems in the local housing market or curled up with a good book.
Loved what you read? Share it with others!
✕
Full RM + FRM support
