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Punjab National Bank Personal Loan 2026

Interest rate, eligibility, documents & fees

Interest Rate: 8.9%–14.5%
Loan Amount: Up to ₹10 lakh
Tenure: 12–60 mo

Punjab National Bank Personal Loan — Key Details

Last reviewed August 2026

Interest rate: 8.9% – 14.5% p.a.
Loan amount: ₹10,000 – ₹10 lakh
Tenure: 12 – 60 months
Processing fee: 1% + GST
Minimum CIBIL score: 650+
Minimum monthly income: ₹12,000
Age: 21 – 60 years
Employment type: Salaried, Government Employees, Pensioners

Punjab National Bank Personal Loan EMI

Monthly EMI at the starting rate of 8.9% p.a. Your rate may be higher.

Loan amount	12 months	24 months	36 months	60 months
₹1,00,000	₹8,741	₹4,564	₹3,175	₹2,071
₹3,00,000	₹26,222	₹13,692	₹9,526	₹6,213
₹5,00,000	₹43,703	₹22,819	₹15,877	₹10,355
₹10,00,000	₹87,405	₹45,639	₹31,753	₹20,710

Punjab National Bank Personal Loan Eligibility

Age 21–60 years
Monthly income ≥ ₹12,000
CIBIL ≥ 650
PNB salary/pension account preferred

Documents Required for Punjab National Bank Personal Loan

Salaried

PAN Card
Aadhaar Card
Salary slips (3 months)
Bank statements (6 months)
Form 16 / salary certificate

Self-Employed

PAN Card
Aadhaar Card
ITR (2 years)
Bank statements

Punjab National Bank lends mainly to salaried applicants; self-employed applications may be considered case by case.

Pros & Cons

Advantages

Rates starting from 8.9% p.a.
Ideal for government employees
Very low income bar (₹12k/month)
Trusted nationalised bank

Watch out for

Low maximum loan amount (₹10 lakhs)
Slow processing — 5–7 days
Primarily branch-based
Weak digital infrastructure

How to Apply for a Punjab National Bank Personal Loan

Punjab National Bank's own application process

1Visit PNB branch or PNB One app
2Fill personal loan application form
3Submit income proof and KYC at branch
4Bank appraisal in 5–7 working days
5Loan sanction letter issued
6Disbursement to PNB account after agreement

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Punjab National Bank Personal Loan — FAQs

What is the Punjab National Bank personal loan interest rate?

Punjab National Bank personal loan interest rates range from 8.9% to 14.5% p.a. (last reviewed August 2026). The rate you get depends on your credit score, income, employer and loan amount.

What is the minimum salary for a Punjab National Bank personal loan?

Punjab National Bank requires a minimum monthly income of about ₹12,000. It lends to: Salaried, Government Employees, Pensioners.

What is the processing fee for a Punjab National Bank personal loan?

Punjab National Bank charges a processing fee of 1% + GST, plus 18% GST. It is usually deducted from the loan amount at disbursal.

What CIBIL score is needed for a Punjab National Bank personal loan?

Punjab National Bank generally looks for a CIBIL score of 650 or more. A score of 750+ improves your chances of getting a lower rate.

How long does Punjab National Bank take to disburse a personal loan?

As per Punjab National Bank's stated process: Disbursement to PNB account after agreement. Existing customers with pre-approved offers are usually faster.

Is Punjab National Bank regulated by the RBI?

Yes. Punjab National Bank is a public sector bank regulated by the Reserve Bank of India.

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Figures last reviewed August 2026 and shown for information only. Interest rates, fees and eligibility are set by each lender and depend on your credit profile — confirm the final terms in the lender's Key Fact Statement before you sign. RateCut is a loan marketplace, not a lender.