PNB Housing Finance Limited is a wholly owned
subsidiary of Punjab National Bank, one of the leading
nationalized banks. PNB provides a wide array of home loans to
address varied customer needs.
PNB Apna Ghar Yojana home loans are meant for construction or for
acquisition/ purchase of house/ flats. The minimum loan amount
would be Rs.50,000/- and maximum loan amount depends on the
repayment capacity of the borrower. In case of joint application,
income of borrowers /co-borrowers are clubbed together for
calculation of loan eligibility. The loan repayment is in Equated
Monthly Installments (EMI) over a maximum period of 20 years.
PNB Ghar Sudhar Yojana home loans are offered for upgradation,
renovation or repair of house/flat. It includes among others,
internal and external repairs, water proofing, roofing, flooring,
electrical, woodwork etc. The loan amount ranges from a minimum of
Rs 50,000 to a maximum of Rs. 10,00,000. Borrower's minimum
contribution will be 25% of the estimated cost of
PNB provides loans to individuals against mortgage of their
existing residential immovable property situated in
urban/semi-urban/metro centres. By mortgaging their existing
immovable property, borrowers can avail of loans for purposes such
as education, marriage of children, family function, foreign
travel, medical expenses etc.