Punjab National Bank (PNB) Personal Loan Interest Rates

PNB Sahyog Rin Scheme: Personal Loan for the Public

The below-listed are the rate of interest for PNB Sahyog Rin:

Type	Interest Rates (p.a.)
For paramilitary/defense personals who get salaries through PNB (customers under Rakshak Plus Scheme are included)	11.15% p.a.
For government employees getting salaries through PNB and for central government gazetted officers having no salary account with PNB	11.50% p.a. to 14.00% p.a.
For corporate/other employees withdrawing their salaries through PNB and for government employees not getting salaries through PNB	12.00% p.a. to 16.00% p.a.
Personal loan for pensioners	12.50% p.a.
Self-employed individuals	13.75% p.a. to 17.25% p.a.
Loan to employees under check-off facility	14.00% p.a. to 16.70% p.a.

Note: The interest rates mentioned are as on 21 April 2025 and are subject to change at the bank’s discretion.

Digital Personal Loan Interest Rates from PNB

Loan Category	Rate of interest (p.a.)
Pre-approved Personal Loan to Central Government/State Government/Private employees/PSUs	11.25% p.a. to 13.25% p.a.
Pre-approved Personal Loan to Pensioners	11.25%
Pre-approved Personal Loan to existing customers based on QAB and TRV	11.25% p.a. to 13.25% p.a
Pre-approved Personal Loan to existing borrowers of home loan personal loan and car loan	11.25% p.a. to 12.25% p.a.

Note: The interest rates mentioned are as on 21 April 2025 and are subject to change at the bank’s discretion.

Digital Personal Loan: PNB SWAAGAT (NTB Customers)

The interest rates mentioned below are for digital personal loan for NTB customers:

Credit score required	Interest Rates (p.a.)
800 and above (CIBIL) or equivalent	12.25%
750 to 799 (CIBIL) or equivalent	13.25%
700 to 749 (CIBIL) or equivalent, including - 1/0/no hit/Nil	14.25%

Note: The interest rates mentioned are as on 21 April 2025 and are subject to change at the bank’s discretion.

PNB Personal Loan for Pensioners

The below-listed are the rate of interest for PNB personal loan for pensioners:

Loan category	Interest Rate (p.a.)
Personal Loan for Pensioners (Term Loan/Overdraft/Demand Loan)	12.50%

Some of the features and benefits of this personal loan scheme are:

1. This personal loan scheme can be availed by those who have retired from their jobs and is a customer of PNB.
2. The minimum loan amount that one can avail is Rs.25,000. The maximum loan amount that can be availed under this personal loan scheme is Rs.10 lakh depending on the age of the pensioner.
3. Repayment tenure can range up to 7 years. In case the pensioner is above the age of 75 years, the repayment tenure is 2 years.
4. The purpose of availing this personal loan is to allow the pensioner to take care of their personal needs including the medical expenses.

Note: The interest rates mentioned are as on 21 April 2025 and are subject to change at the bank’s discretion.

PNB Personal Loan Public Scheme Overview

Some of the things that you must be aware of this personal loan scheme offered by PNB are:

1. Any salaried individual can avail this personal loan scheme to take care of their various needs such as fulfilling their children's education, repairing of house, taking a vacation, marriage of self or your children, etc.
2. Any salaried individual who has worked for a central or state government body, university, autonomous body, etc. can apply for this personal loan scheme.
3. The repayment period is upto 6 years.
4. The maximum loan amount can range up to Rs.20 lakh depending on your annual salary, and the terms and conditions laid down by the bank.

PNB Personal Loan – Doctor’s Scheme

Some of the features and benefits of this personal loan scheme are:

1. Doctors with salary of Rs.5 lakh and above, and who have paid taxes for two years are eligible for this personal loan scheme.
2. The minimum loan amount a doctor can avail is Rs.2 lakh and the maximum loan amount that he/she can avail is Rs.20 lakh.
3. Repayment tenure can range from 1 year to 7 years.
4. A doctor can avail this personal loan to meet both his/her personal and professional needs.

Factors Affecting Punjab National Bank Personal Loan Interest Rate

1. Employment Details: If you are a permanent employee of a reputed organization, PNB may offer you reduced rates of interest on your personal loans. But, before deciding to offer you reduced rates, the bank will check your employment details and the number of assets you have. PNB has different personal loan schemes for salaried and non-salaried individuals.
2. Relationship with PNB: Banks normally offer preferential rates on personal loans for its high-valued customers. Also, if you have a good relationship with PNB, it may receive lower rates of interest on your personal loan.
3. Loan Tenure: Taking a loan for a longer tenure may help you get a reduced rate of interest on personal loans.
4. Repayment Capacity: If the bank assesses that you are capable of repaying your personal loan on time without defaulting, you may be a charged with a lower rate of interest.

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FAQs on PNB Personal Loan Interest Rates

• Are there any extra fees or charges applicable to a Punjab National Bank personal loan?

  Yes. Customers who avail a personal loan will have to pay processing fees which will be deducted from the loan amount at the time of disbursal.

• How will the disbursal of my personal loan take place?

  Usually, your personal loan from Punjab National Bank will be disbursed to your bank account after your application has been approved and you meet all the eligibility criteria established by the bank.

• I am a doctor who wants to apply for a personal loan from Punjab National Bank. Is it advisable to go for Personal Loan Scheme for Public or Personal Loan Scheme for Doctors?

  Doctors are advised to go for Personal Loan Scheme for Doctors as the interest rate applicable to it is slightly lower in comparison with the Personal Loan Scheme for Public.

• How do I get the best interest rate on a Punjab National Bank personal loan?

  In order to get the best possible interest rate on a Punjab National Bank personal loan, you will have to ensure that your credit score is high. You will also have to ensure that you have little to no liabilities in the form of other loans or credit card dues. Your income will also play a crucial role in determining the interest rate applicable to your personal loan.

• How do I apply for a Punjab National Bank personal loan?

  You can apply for a personal loan from Punjab National Bank by visiting a branch of the bank or online through the website of the bank. You could also apply for a personal loan through third-party sites such as BankBazaar.

• How important is my credit score if I wish to avail a PNB personal loan?

  Your credit score is extremely important if you wish to avail a PNB personal loan. It is recommended that you keep a credit score of 750 and above so that you can avail a personal loan of your choice at low interest rates. The bank checks your credit score before approving your personal loan. A high credit score creates the impression that you will be able to repay the loan on time.

• Can I apply for a PNB personal loan offline?

  Yes, you can apply for a PNB personal loan offline. You can locate the nearest PNB branch and visit it to apply for a personal loan. You must ensure that you carry the necessary documents to apply for a PNB personal loan.

• What is the Punjab National Bank personal loan interest rate for salary account holders?

  Punjab National Bank offers personal loans at interest rates between 8.95% p.a. to 14.50% p.a. for salaried account holders. The interest rate depends on the loan amount the salaried individual wishes to avail and the profession of the applicant.

• Can I close PNB personal loan after 12 months?

  The conditions for personal loan pre-closure are based on the terms and conditions set by Punjab National Bank.

• Can I negotiate on the Punjab National Bank personal loan interest rate?

  Yes, based on your profession, income, the loan amount you wish to avail, your relationship with Punjab National Bank and several other factors, you can negotiate with Punjab National Bank on the interest rates offered for the personal loan.

• Which documents should I carry at the time of visiting Punjab National Bank to apply for a personal loan?

  When applying for a Punjab National Bank personal loan, applicants should carry their identity and address proof documents (Aadhaar card, Passport, Voter ID card), income proof documents (Pay slips, bank statements, IT return certificate, Form 16, etc.), passport-size photographs, and PAN card.

• Is it possible for non- Punjab National Bank customers to get a personal loan from Punjab National Bank?

  Yes, provided that they meet the eligibility criteria, customers from other banks can apply for a Punjab National Bank personal loan as well.

• How can I check my Punjab National Bank personal loan balance?

  To know their personal loan balance, Punjab National Bank personal loan borrowers should request for the repayment schedule. The repayment schedule will have the details of the EMIs paid till date and the personal loan balance.

• How can I pay my Punjab National Bank personal loan EMI?

  Punjab National Bank personal loan borrowers can pay their EMI either through ECS (Electronic Clearing System), Standing Instructions with the home bank for auto-debit of the EMI, or via post-date cheques payable to Punjab National Bank.

• How can I pay my Punjab National Bank personal loan EMI through net banking?

  The first step is to link your Punjab National Bank loan account to your net banking account. Once that is done, customers can choose to make their EMI payments through the auto-debt facility.

• How can I get my Punjab National Bank personal loan statement?

  You can download your Punjab National Bank personal loan statement once you've logged into your net banking account. The bank statement will display the record of your EMI payments.

• How to pay your Punjab National Bank personal loan EMI online from another bank?

  Link your Punjab National Bank personal loan account to your net banking account. You can then schedule payments for the EMIs.

• How can I get Punjab National Bank personal loan status on my mobile number?

  Ensure that you register your mobile number with Punjab National Bank when applying for the personal loan. If you have registered your mobile number, Punjab National Bank will send you statuses regarding your personal loan account.

• How can I track my Punjab National Bank personal loan application status?

  Using their registered mobile number or the application reference number, Punjab National Bank personal loan applicants can track the status of their application either online or at the nearest bank branch.