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Punjab National Bank Last updated2026-05-28

Punjab National Bank EMI Calculator 2026 rates.

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Quick answer

Punjab National Bank home loan rate starts at 8.45% (typical 8.65%) as of 2026. A ₹50 lakh loan at 8.65% over 20 years = an EMI of approximately ₹43,867/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Punjab National Bank loan rates (May 2026)

🏠 Home Loan

8.45–10.25%

typical: 8.65% p.a.

💵 Personal Loan

10.4–17.95%

typical: 12.75% p.a.

🚗 Car Loan

8.7–10.5%

typical: 9.1% p.a.

💳 Processing Fee

0.35% of loan amount (max ₹15,000 for home loans). Concession during festival quarters.

🔁 Prepayment

Zero on floating-rate retail loans. 2% on fixed-rate prepayments.

About Punjab National Bank

Why choose Punjab National Bank?

Punjab National Bank is India's second-largest public-sector bank after SBI, with about ₹15 lakh crore in deposits. Following the 2020 merger with United Bank and Oriental Bank of Commerce, PNB has a ~10,000-branch footprint, weighted toward North India. Home loan book is around ₹95,000 crore and growing at 18%/yr.

🎯 Unique angle

PNB has the largest agricultural and MSME lending book among PSBs after SBI, so it's typically the cheapest for borrowers whose income includes farm or small-business revenue. Government-sector employees also get priority processing.

Product highlights

✓ PNB Gen-Next Housing Loan: 8.45-9.25% for under-35 salaried with up to 90% LTV
✓ PNB Pride Housing Loan: special rates for defense personnel (Army/Navy/Air Force/Police)
✓ PNB Max-Saver: home loan with overdraft, like SBI MaxGain
✓ PMAY-CLSS direct credit handling
✓ Top-up loans up to 70% of original loan amount for existing customers

❓ Punjab National Bank FAQ

Common questions.

PNB Gen-Next vs regular home loan — which is better?

PNB Gen-Next is a niche product for salaried borrowers under 35 working in central/state government, PSUs, listed corporates, or MNCs. Rate is 20-40 bps below standard floating rate and LTV goes up to 90%. The eligibility filter is strict — if you qualify, take it.

How does PNB Max-Saver compare to SBI MaxGain?

Both are home-loan overdraft hybrids that let you park surplus cash and reduce interest. PNB Max-Saver is structurally identical to SBI MaxGain but has lower minimum-balance friction and slightly higher rates (~10-15 bps). For high-cash-flow professionals, the convenience may be worth the small rate premium.

Is PNB safe after the Nirav Modi fraud?

Yes. The 2018 fraud was a one-off LoU-issuance episode; PNB has since cleaned up its books, returned to profitability, and met all RBI PCA exit criteria. Deposits are guaranteed up to ₹5 lakh per depositor by DICGC like every Indian bank, and PNB is classified as a Domestic Systemically Important Bank.

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