(Updated on 10.01.2019) PNB Home Loan and EMI Calculator January 2019 Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of ✓ Interest Rate ✓ Loan Tenure & Processing Fee.
Punjab National Bank (PNB) Home Loan Interest Rate
Interest Rate (Based on 1 Year MCLR)
For women (floating rate)
MCLR + 0.20%
MCLR + 0.25%
For others (floating rate)
PNB PRIDE (Floating)
Over Draft HL (Floating)
MCLR + 1.40%
Floating + 0.50%
Fixed PNB PRIDE
Floating (PNB PRIDE) + 0.50%
For Purchase of stand alone solar system
PNB Home Loan – INSTANT QUOTES ONLINE
Punjab National Bank Home Loan
Punjab National Bank provides you a striking range of home loan products like Home Purchase Loans, Home Construction Loans, Home Extension Loans, Home Improvement Loans and Plot Loans. Punjab National Bank Home Loan has the easiest application process, robust service delivery model, superb post disbursement services, flexible or graduated repayment option, etc. and these have earned it an enduring popularity. Check out your Home Loan Eligibility and get the best deal with Punjab National Bank Home Loan Eligibility Calculator for the best-in-class home loan.
Punjab National Bank Personal Loan is the perfect Personal Loan to meet your financial crunches at any point of time in your life.
PNB Home Loan Features
- EMI starting from as low as from Rs.919/-* per lakh for a 25 years loan
- Choice to select between Fixed and Floating rates of interest on home loan
- Longer tenure of 25 years for home loan repayment
- Choice to Flexible/graduated repayment option
- No hidden charges
- Hassle-free and fast processing
PNB Home Loan Amount
A need based loan disbursement is offered by PNB for purpose of purchase and construction of house and apartment.
PNB Home Loan Under CLSS-MIG Scheme 2018
If You opted for a home loan amount of Rs. 20 lakhs at the interest rate of 8.65% from PNB Bank for 20 years. Now, on this loan amount of Rs. 20 lakhs, you will get an interest subsidy of 4% on the loan amount of Rs. 9 lakhs out of the 20 lakhs loan amount. For the rest amount, you will get an interest subvention of 3% for next loan amount of 3 lakhs out of the 20 lakhs loan amount. The remaining 8 lakhs loan amount will be calculated at normal interest rate of 8.65%.
|Loan Amount||Loan Tenure||Monthly EMI||Total Interest|
|Rs. 20,00,000 (CLSS-MIG)||20||Rs. 14,875||Rs. 15,69,965|
|Rs. 20,00,000 (Without CLSS-MIG)||20||Rs. 17,547||Rs.22,11,233|
EMI and Interest Rates are Reduced By Rs.2672 and Rs.6,41,268
A leading public sector Bank Punjab National Bank offers home loan at competitive interest rate.
As a borrower of home loan, one needs to be well informed about his upcoming EMIs to make his financial set-up more viable and feasible. By using an easy process through EMI calculator provided by www.loansninsurances.com one instantly becomes aware about his forthcoming EMI for home loan.
Punjab National Bank MCLR Rate – Effective from 01.01.2019
|TENURE||MCLR (IN %)|
PNB Home Loan ELIGIBILITY
- Should have regular source of income
- Should be in age group of 18-65 years
- One may include income of spouse/children/parents
- Should be ready to contribute 20% margin money in case the home loan amount is less than 75 lakhs and 25% in case of loan amount is exceeding to 75 lakhs
How to calculate EMI:
Just by entering the following inputs in the EMI Calculator, you will get an indicative amount of EMI:
- Intended loan amount in INR
- Number of years you wish to pay in months or year.
- Interest rate in %, which you have opted for home loan.
By entering these values, you can get an indicative amount of your EMI. For an example, a loan amount of Rs. 25,00,000@interest rate of 10.50% per annum for the period of 300 months would indicate an EMI of Rs. 23604.54 per month.
The formula for EMI (in arrears) is:
Where E is EMI, P is Principal Loan Amount, r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.25% per annum, then r = 10.25/12/100=0.00854)
PNB Home Loan EMI Calculator
|Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Yearly calculated values for home loan amount of Rs. 25,00,000 @interest rate of 10.5% for 300 months
|1||RS. 21,788||RS. 261,472||RS. 2,478,212|
|2||RS. 24,189||RS. 259,071||RS. 2,454,023|
|3||RS. 26,855||RS. 256,405||RS. 2,427,168|
|4||RS. 29,814||RS. 253,446||RS. 2,397,354|
|5||RS. 33,099||RS. 250,161||RS. 2,364,255|
|6||RS. 36,747||RS. 246,513||RS. 2,327,508|
|7||RS. 40,798||RS. 242,462||RS. 2,286,710|
|8||RS. 45,294||RS. 237,966||RS. 2,241,416|
|9||RS. 50,286||RS. 232,974||RS. 2,191,130|
|10||RS. 55,827||RS. 227,433||RS. 2,135,303|
|11||RS. 61,979||RS. 221,281||RS. 2,073,324|
|12||RS. 68,810||RS. 214,450||RS. 2,004,514|
|13||RS. 76,395||RS. 206,865||RS. 1,928,119|
|14||RS. 84,811||RS. 198,449||RS. 1,843,308|
|15||RS. 94,158||RS. 189,102||RS. 1,749,150|
|16||RS. 104,535||RS. 178,725||RS. 1,644,615|
|17||RS. 116,055||RS. 167,205||RS. 1,528,560|
|18||RS. 128,846||RS. 154,414||RS. 1,399,714|
|19||RS. 143,044||RS. 140,216||RS. 1,256,670|
|20||RS. 158,808||RS. 124,452||RS. 1,097,862|
|21||RS. 176,309||RS. 106,951||RS. 921,553|
|22||RS. 195,738||RS. 87,522||RS. 725,815|
|23||RS. 217,309||RS. 65,951||RS. 508,506|
|24||RS. 241,257||RS. 42,003||RS. 267,249|
|25||RS. 267,449||RS. 15,414||RS. 0|
|PUNJAB NATIONAL BANK HOME LOAN BRANCHES IN DELHI|
|Contact Address||IFSC Code||MICR Code|
|D Block, Dda Market, Anand Vihar, Delhi 110092||PUNB0398000||110024192|
|Radhey Shree Building, Ajmeri Gate, Delhi 110002||PUNB0012700||110024038|
|House No 58 Chanda House Main Bus Stand New Delhi 110047||PUNB0657100||110024275|
|3338 Beadon Pura, Bank Street, Karol Bagh, New Delhi 110005||PUNB0011900||110024053|
|7, Bhikhaiji Cama Place, New Delhi – 110066||PUNB0198800||110024115|
|Raghuganj Building, Barsabulla Chowk, Chawri Bazar, Delhi 110006||PUNB0011400||110024008|
|Opp. Myna Restaurant, Civil Lines, Rohtak, Haryana – 124001||PUNB0083800||124024003|
|Dma House, Ansari Road, New Delhi 110002||PUNB0011700||110024010|
|H. No. 642, Chanderlok 100Ft Road, Main Durgapuri Delhi 110093||PUNB0487200||110024462|
|House No 1, Pocket 8 Sector 15 Rohini Delhi 110085||PUNB0658100||110024262|
|G 6 Hauz Khas, Mehrauli Road, New Delhi 110016||PUNB0309300||110024145|
|74, Janpath, New Delhi-110001||PUNB0013100||110024050|
|14, Vaishali, Pitampura, Delhi 110088||PUNB0171000||110024099|
|Bhera Enclave , Paschim Vihar,New Delhi 110087||PUNB0408100||110024214|
|C 3/55 A, Yamuna Vihar, Delhi 110053||PUNB0225600||110024120|
|A-9, Main Uttam Nagar Road, Vikaspuri New Delhi 110018||PUNB0161000||110024098|
1) Punjab National Bank ranks First in terms of Digital Transactions according to a report by Department of Financial Services. It has achieved sixth position among all the Banks in India for Digital Performance. PNB is committed to Digital India Initiative by digitalising Banking. Also, the Public-Sector PNB has scored 71 which is considered ‘Good’ by the Government in terms of performance.