PNB Housing Finance Home Loan Interest Rates 2026

Last Updated : Aug. 31, 2026, 3:05 p.m.

PNB Housing Finance provides home loans for purchasing, constructing, improving or extending a residential property. Borrowers can also consider its home loan balance transfer, NRI home loan and affordable housing options.

PNB Housing home loan interest rates currently start from 7.50% per annum for eligible salaried applicants and 7.75% per annum for eligible non-salaried applicants. These lowest rates apply to loans above ₹1 crore when the applicant has a CIBIL score of at least 825.

For loans up to ₹50 lakh, the lowest published rates are 7.75% for salaried and 8.00% for non-salaried borrowers. The final interest rate depends on the loan amount, credit score, income, employment profile and internal assessment.

Rate position checked on: 31 August 2026

PNB Housing Home Loan Highlights

Current PNB Housing Home Loan Interest Rates

PNB Housing offers floating home loan rates based principally on the applicant’s credit score, employment category and requested loan amount.

The lowest 7.50% rate is not available to every applicant. It applies to salaried borrowers with a CIBIL score of at least 825 seeking a loan above ₹1 crore.

The rates below are starting rates. The final rate offered in the sanction or disbursement letter may be higher after the lender completes its assessment.

PNB Housing Home Loan Rates up to ₹50 Lakh

PNB Housing Home Loan Rates Above ₹50 Lakh and up to ₹1 Crore

PNB Housing Home Loan Rates Above ₹1 Crore

Important Conditions for the 7.50% Interest Rate

An applicant will not receive the 7.50% rate merely by applying for a PNB Housing home loan. According to the current rate card, the following conditions apply:

• The applicant must fall under the salaried category.
• The requested home loan must be above ₹1 crore.
• The applicant should have a CIBIL score of at least 825.
• The applicant must satisfy iThe applicant must fall under the salaried category.
• The requested home loan must be above ₹1 crore.
• The applicant should have a CIBIL score of at least 825.
• The applicant must satisfy income and repayment-capacity requirements.
• The property must clear legal and technical verification.
• Final approval remains subject to PNB Housing’s internal lending policy.ncome and repayment-capacity requirements.
• The property must clear legal and technical verification.
• Final approval remains subject to PNB Housing’s internal lending policy.

A salaried applicant with the same credit score seeking up to ₹50 lakh currently starts at 7.75%, while a non-salaried applicant starts at 8.00%.

Fixed and Floating PNB Housing Home Loan Rates

PNB Housing currently lists a fixed home loan rate of 14.75% per annum. Its floating rates are considerably lower and range from 7.50%–10.05%.

A floating-rate home loan can change when the lender revises its reference rate or applicable margin. A fixed rate provides greater predictability but may carry a significantly higher initial rate.

Borrowers should check whether the offered loan is:

• Fully floating
• Fully fixed
• Fixed for an initial period and floating thereafter

The rate structure, reference rate, margin and reset conditions should be stated in the loan documents.

What Is PNBRRR?

PNBRRR is the PNB Housing Retail Reference Rate used for eligible floating-rate loans. The applicable borrower rate is determined by adjusting the applicable margin against this reference rate.

PNBRRR for customers whose loans were disbursed on or after 22 May 2022 is currently 13.15% per annum.

A borrower’s actual rate can be lower than PNBRRR because of the margin or discount specified in the loan agreement. Any revision in PNBRRR can affect the interest rate, EMI or remaining tenure.

PNB Housing Home Loan EMI

The EMI is calculated using the loan amount, annual interest rate and repayment tenure. The following examples use an illustrative rate of 7.75% per annum and a tenure of 20 years.

These examples are indicative. The final EMI will depend on the sanctioned rate, loan amount, disbursement date and rate-reset conditions.

EMI for a ₹50 Lakh PNB Housing Home Loan

The following calculations use a home loan rate of 7.75% per annum.

Selecting a longer tenure reduces the monthly EMI but increases the total interest paid over the loan period.

How PNB Housing Decides Your Interest Rate

PNB Housing may consider the following factors when determining the final rate:

• CIBIL or another accepted credit score
• Salaried or non-salaried employment
• Loan amount
• Monthly income
• Stability of employment or business
• Existing loans and credit card obligations
• Repayment history
• Property value
• Loan-to-value ratio
• Applicant’s age
• Number and income of co-applicants
• Type of home loan
• Internal risk assessment

Applicants with higher credit scores receive lower starting rates under the current rate card. The difference between the rate for a score above 825 and the rate for a score below 700 can be more than two percentage points.

PNB Housing Home Loan Eligibility

The minimum score of 611 represents basic eligibility and does not qualify an applicant for the lowest rate. A credit score of 750 or above can provide better pricing, while the lowest published rates require a score of at least 825.

PNB Housing Loan-to-Value Ratio

PNB Housing can finance up to 90% of the property value, depending on the loan amount and applicable regulatory limits.

The borrower must arrange the balance as a down payment. Stamp duty, registration and other statutory expenses may not be included in the eligible property cost.

PNB Housing Home Loan Processing Fee

The full processing fee is generally payable when the application is submitted.

If the application is not approved, PNB Housing may retain ₹3,000 plus GST for each residential property evaluated. Applicants should read the refund and retention conditions before paying the fee.

PNB Housing Prepayment and Foreclosure Charges

Part-prepayment is generally subject to these conditions:

• The minimum part-payment should be at least five times the prevailing EMI.

• The maximum part-payment can be 25% of the outstanding principal during a financial year.

• PNB Housing should preferably receive 14 days’ advance notice for a prepayment above ₹5 lakh.

• Requests may be accepted during the lender’s specified monthly service window.

Borrowers should verify their agreement because conditions can differ according to the loan purpose and disbursement date.

Other Important PNB Housing Charges

Statements and repayment schedules downloaded through the customer portal may be available without a charge.

Types of PNB Housing Home Loans

Home Purchase Loan

This loan can be used to purchase a new or resale flat, independent house, row house or bungalow. The loan amount depends on income, repayment capacity and property value.

Home Construction Loan

Applicants who already own residential land can apply for finance to construct a house. Disbursement may take place in stages based on construction progress.

Home Improvement Loan

A home improvement loan can fund approved repairs, painting, flooring, plumbing, electrical work and other renovations to an existing house.

Home Extension Loan

This loan can finance the addition of a room, floor, balcony or another approved extension to an existing residential property.

Plot Loan

Applicants can use a plot loan to purchase residential land. A residential plot loan can be treated as a non-home loan until a house with the required approvals is constructed on it. Its rate, fee and prepayment rules may therefore differ from a regular home loan.

PNB Housing Home Loan Balance Transfer

Existing borrowers can transfer their outstanding home loan from another lender to PNB Housing. Compare the expected interest saving against processing fees, legal charges and other transfer expenses before proceeding.

NRI Home Loan

Eligible NRIs and PIOs can apply for a loan to purchase, construct or renovate residential property in India. Additional overseas income, employment and identity documents may be required.

PNB Housing Roshni Home Loan

The Roshni Home Loan is intended for applicants from informal-income and new-to-credit segments. It may be considered by eligible borrowers with a minimum household income starting from ₹10,000.

The loan amount generally ranges from ₹5 lakh–₹50 lakh, with a tenure of up to 30 years and eligible financing of up to 90% of the property value.

Documents Required for a PNB Housing Home Loan

KYC Documents

• Completed home loan application
• PAN card
• Aadhaar card or another accepted identity document
• Current address proof
• Age proof
• Recent photographs
• Signature proof

Documents for Salaried Applicants

• Salary slips for the latest three months
• Form 16 for the latest two years
• Bank statements for the latest six months
• Employment proof
• Details of existing loans and EMIs
• Income-tax returns, where required

Documents for Self-Employed Applicants

• Income-tax returns for the latest three years
• Business registration or existence proof
• Audited balance sheet and profit and loss account
• Business and personal bank statements
• GST returns, where applicable
• Partnership deed or company documents
• Professional qualification proof, where applicable

Property Documents

• Agreement to sell
• Allotment or possession letter
• Title documents
• Approved construction plan
• Property tax receipts
• Builder or society no-objection certificate
• Construction estimate for a self-constructed property
• Payment receipts
• Encumbrance and ownership documents requested during legal appraisal

How to Improve Your Eligibility for a Lower Rate

• Maintain a CIBIL score above 750 and preferably above 800.
• Pay every EMI and credit card bill by its due date.
• Reduce high credit card utilisation.
• Close unnecessary unsecured loans before applying.
• Avoid submitting several loan applications together.
• Add an earning co-applicant with a strong credit history.
• Make a larger down payment.
• Select a property with clear legal and technical records.
• Keep bank statements and income documents consistent.
• Disclose all existing obligations accurately.

How to Apply for a PNB Housing Home Loan

1. Check your credit score and estimated eligibility.
2. Select the required loan amount and repayment tenure.
3. Complete the online application with personal, income and property details.
4. Submit KYC and income documents.
5. Pay the applicable processing fee.
6. PNB Housing will assess the borrower’s credit and repayment capacity.
7. The property will undergo legal and technical verification.
8. Review the sanctioned rate, margin, fees and reset conditions.
9. Sign the agreement and complete the disbursement formalities.

Disclaimer: Interest rates, credit-score slabs, fees and eligibility conditions can change at PNB Housing’s discretion. The final rate, margin, EMI, loan amount and charges will be those mentioned in the sanction and disbursement documents.