Current PNB Home Loan Interest Rate 2026
Punjab National Bank home loan rates start at 8.50% p.a. As a major public sector bank, PNB offers competitive rates and participates in government subsidy schemes.
| Bank | Interest Rate (p.a.) | Max Tenure |
|---|---|---|
| HDFC Bank | 8.15% onwards | 30 years |
| SBI | 8.25% onwards | 30 years |
| Bank of Baroda | 8.40% onwards | 30 years |
| PNB ★ | 8.50% onwards | 30 years |
| ICICI Bank | 8.50% onwards | 30 years |
Updated May 2026. Rates are indicative — contact your lender for personalised offers.
PNB Home Loan Features and Eligibility
Punjab National Bank, one of India's largest public sector banks, offers home loans for purchase, construction, renovation, and plot-plus-construction. Key advantages include no prepayment charges on floating-rate loans, participation in PMAY interest subsidy scheme, and special products for government employees, defence personnel, and women borrowers. PNB Pride (for government staff) offers reduced rates with simplified documentation. Eligible applicants include salaried individuals (age 18–65), self-employed professionals, and NRIs. A CIBIL score of 700+ is recommended. PNB has an extensive branch network across India, making it particularly accessible for semi-urban and rural property purchases.
How to Apply for a PNB Home Loan
Apply online at the PNB website, through the PNB ONE mobile app, or visit any PNB branch. Online applications allow you to check eligibility, get an indicative rate, and upload documents digitally. Required documents: Aadhaar card, PAN card, last 3 months' salary slips, Form 16, 6 months' bank statements, and property documents. Self-employed applicants need the last 2 years' ITR with computation and audited financials. PNB typically completes home loan processing within 7–10 working days from the submission of complete documentation.