How to Apply Personal Loan in PNB?

Before knowing how to apply personal loan in Punjab National Bank, you must know the eligibility criteria for the same. Salaried applicants should be permanent employees of central/state government, PSU, reputed companies, LIC agents, or doctors with stable income and proper tax records. The loan amount is subject to income and repayment capacity typically up to 15× your gross monthly salary, with a cap of Rs. 10 lakh (and higher for doctors/pensioners).

How to Get Personal Loan from PNB Bank?

• Once you know the eligibility criteria, visit the

  PNB personal loans

  portal, and explore the loan options. 

• Once you have chosen the loan, click on the apply now button to download or access the application form. 

• Fill it accurately and affix a passport sized photograph. Submit necessary documents:

1. Identity and age proof (e.g., Aadhaar, passport, voter ID)

2. Address proof (utility bill, passport, etc.)

3. Income proof: latest salary slips and Form 16 for salaried individuals; IT returns for the past three years for self-employed applicants.

• Finally, click on the submit button.

PNB will verify the application within seven days and may request additional information. Acknowledgment will be issued upon receipt.

Upon sanction, the loan will be disbursed as a term loan or overdraft account, usually credited to your PNB account, with flexible repayment tenures up to 60 months (or up to 84 months for doctors/LIC agents).

A few days back, I availed a personal loan from PNB to finance my wedding. If you are wondering how to apply personal loan in PNB, I can share the steps with you all. You can submit an application by clicking the

Get Free Estimate

link.

PNB bank personal loan apply, will need the following eligibility requirements:

• Permanent employees of Central/ State Govt/ PSUs and all reputed companies/ Institutions, who are drawing their salary through accounts maintained with PNB branches or these employees agree for `a check-off facility (Others minimum 3 years of service, including service with the previous employer(s), if any)` from their employer.

• LIC agents under 60 who have worked for the branch for more than five years, are consistently employed, have a steady salary, and have a savings account.

• Professionally qualified physicians (MBBS, BDS, and above) with a net annual income or salary of at least Rs. 5.00 lakh shall file taxes for the previous two years and submit their ITRs for those years.

How to Take Personal Loan from PNB Bank?

• Visit this

  PNB Instaloans

  portal

• Followed by clicking on the pre approved personal loan option

• Log in with Customer ID, Account Number, Aadhaar Number

• You will be provided with various PNB personal loan options like, 

1. Personal Loan Scheme For Public

2. Personal Loan Scheme for Pensioners

3. Scheme For Advance Against Gold

4. Advance against Jewellery/Gold Ornaments And For Advance Against Sovereign Gold Bonds

• You can click on the apply button and fill out an application form

  https://weblens.pnb.in/lendperfect/retail/scheme/personaldetails

This will help you in availing personal loan from PNB.

The processing cost for a pre-approved personal loan is 0.50% of the loan amount, inclusive of all the charges, with a minimum amount of Rs. 500 + GST, inclusive of all the charges, and stamp duty. The fees include the upfront price, documentation fees, stamp duty fees, CIC fees, and other fees.

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