With its headquarters in New Delhi, Punjab National Bank is an Indian public sector bank. It was established in 1894 and is the second-largest in terms of its network and the third-largest bank in terms of its business.
The bank is connected with more than 180 million customers. It has more than 12000 ATMs and 12,248 branches. If you are self-employed, salaried, or an entrepreneur, your loan eligibility will be assessed by PNBHFL based on various factors such as income, qualification, age, savings history, asset, liability, etc.
- Loan for the purchase of your Dream Home.
- Get a loan for the maintenance or expansion of existing property.
- For new development, construction, or new projects.
- To meet your business requirement, including SME or large Corporate Loans
- To meet your hotel Finance requirements including working capital needs, or for any new projects.
Step 1- You need to submit a loan application along with the required documents.
Step 2- Your proposal would be evaluated on the basis of funding norms and various eligibility criteria.
Step 3- The company representative checks the property value in order to calculate the loan amount.
Step 4- PNBHFL (PNB Housing Finance Ltd.) has a right to accept or deny the approval based on internal and regulatory guidelines.
Step 5- Original property documents along with the signing agreement must be submitted. Also, posted cheques/ECS must be submitted.
Step 6- After confirming the documents, PNBHFL will transfer the loan funds to the contractor. After the disbursement, EMI/Pre-EMI will start.
- For Salaried Employees
- Application form with a photograph.
- Recent Salary-slip for 3 months.
- Resident proof (Telephone bill, passport, Driving License, Election card, Ration card)
- Bank statement of last 6 months (Salary account)
- Photocopy of original property document
- Age Proof (PAN Card, Passport, or any other document)
- Last 2 year’s Form 16
- Education Qualification (recent degree)
- Processing Fee Cheque made out to PNBHFL
- Application Form with a photograph
- Age Proof (PAN Card, Passport, or any other document)
- Residence Proof (Ration CARD, Telephone Bill, Passport, or any other document)
- All the certificates and proof of business existence with Business Profile
- Bank Statement of last 12 months (Self or business account)
- Photocopy of original property documents
- Education Qualification (recent degree)
- Processing Fee Cheque made out to PNBHFL
- Income Tax Return, Profit & Loss account, and Balance Sheet audited by CA for the last 3 years