A Punjab & Sind Bank Personal Loan can be your financial companion when you need immediate funds to fulfill your dreams and personal needs. Whether you wish to travel the world or plan a grand wedding, financial support is essential to make it happen. Punjab & Sind Bank offers personal loans at competitive interest rates ranging from 11.10% p.a. to 13.85% p.a.

Headquartered in New Delhi, this public sector bank operates its personal loan services through 1,400+ branches across India. It was nationalized by the Government of India on April 15, 1980, along with six other banks.

For detailed insights into Punjab & Sind Bank’s personal loan features, benefits, and eligibility criteria, continue reading further.

Punjab & Sind Bank Personal Loan Interest Rates July 2025

This table will show you the important highlights of personal loans and Punjab & Sind Bank Personal Loan Interest Rates -

Particulars	Details
Interest Rates	11.10% p.a-13.85% p.a.
Loan Amount	For Salaried Applicants: Up to Rs 10 lakh For Pensioners: Up to Rs 3 lakh
Repayment	Up to 6 years
Processing Fee	Pensioner/PSU/Approved Educational Institute/Government: 0.50% + GST Private Institute/ MNC: 1.00 % + GST

Punjab & Sind Bank Personal Loan Interest Rates based on CIBIL Score and Job Profile

• For Government, State Government, PSU employees, and Approved Educational Institute staff with a bank tie-up or salary account with Punjab & Sind Bank -

CIBIL Score	Interest Rate
825 and above	11.10
768-824	11.45
753-767, -1, 3, 4, 5	11.80
732-752	12.00
690-731	12.35
641-689	12.90

• Government employees, PSU employees, pensioners, and staff of approved educational institutes -

CIBIL Score	Interest Rate
825 and above	11.10
768-824	11.45
753-767, -1, 3, 4, 5	11.80
732-752	12.00
690-731	12.35
641-689	12.90

• Private Employee/ MNC

CIBIL Score	Interest Rate
825 and above	12.00
768-824	12.05
753-767, -1, 3, 4, 5	12.25
732-752	12.55
690-731	13.35
641-689	13.85

Types of Punjab & Sind Bank Personal Loan

1. Personal Loan For Salaried Individuals
2. Personal Loan For Pensioners

Personal Loan For Salaried Individuals

Punjab & Sind Bank offers regular personal loans to meet the financial needs of government and PSU employees, as well as confirmed employees of other institutions. Eligible applicants can avail a loan amount of up to 18 times their monthly net salary or 1.5 times their net annual income, subject to a maximum cap of ₹3 lakhs, whichever is lower. The loan tenure extends up to 5 years, ensuring repayment flexibility, but remains subject to the bank’s maximum age criteria.

Personal Loan For Pensioners

Punjab & Sind Bank offers pension loans to pensioners maintaining their pension account with the bank, helping them meet their personal financial needs. Pensioners up to 65 years of age can avail a loan of up to 15 times their monthly net pension, subject to a maximum limit of ₹3 lakhs. For pensioners above 65 years and up to 70 years, the loan amount is capped at 10 times their monthly net pension or ₹1 lakh, whichever is lower. The repayment tenure extends up to 5 years, subject to the bank’s maximum age criteria.

Eligibility Criteria for Punjab & Sind Bank Personal Loan

Here is the eligibility criteria for Punjab & Sind Bank Personal Loan Application -

• Account Requirement:
• The applicant must have a salary or pension account with our bank or any other bank.
   
• Eligible Employment Categories:
  • Permanent employees of the Central or State Government.
  • Employees of Public Sector Undertakings (PSUs).
  • Employees of Multinational Corporations (MNCs) or Public Limited Companies.
  • Permanent employees of approved educational institutions.
• Age Criteria:
  • Minimum Entry Age: 21 years.
  • Maximum Age for Repayment (Exit Age):
    • Salaried Individuals: Up to the date of retirement.
    • Pensioners:Up to 70 years.

Documentation Required to Apply For Punjab & Sind Bank Personal Loan

Applicants need to submit the following documents while applying for a Punjab & Sind Bank Personal Loan:

• Application Form: A duly completed and signed loan application form.

• Photographs: Two recent passport-sized photographs.

• Age Proof: Valid documents verifying the applicant’s age.

• Address & Identity Proof: Any government-approved document, such as an Aadhaar Card, Passport, Voter ID, or Driving License.

• Income Proof:

• For Salaried Individuals:

• Original or certified copies of the latest salary slips for the past three months.
• ITR/Form 16 for the last three years (wherever applicable).

• For Self-Employed Individuals & Business Owners:
• Proof of business existence and address.
• ITR and Audited/Certified Balance Sheets for the last three years (wherever applicable).

Punjab & Sind Bank Personal Loan EMI Calculator

After the disbursal of the loan, it’s the EMI that catches the eye of the borrower. EMI, which is an abbreviated form of ‘Equated Monthly Installments, is the total principal and interest amount payable on the loan each month. It is vital to know the EMI amount so that you can make sufficient provision in your expense list for a hassle-free repayment journey.

For example- You wish to apply for a personal loan amounting ₹8,00,000 lakhs from Punjab & Sind Bank for a tenure of 5 years at an interest rate of 11.10% p.a.-13.85% p.a. But you are not sure of the EMIs. Then, with the help of Wishfin Punjab and Sind Bank Personal Loan EMI Calculator online, you can learn about your monthly EMIs. 

LOAN TENURE	INTEREST RATE (11.10% p.a.)	INTEREST RATE (13.85% p.a.)
1	₹70,742.65	₹71,773.24
2	₹37,323.42	₹38,353.64
3	₹26,228.88	₹27,283.86
4	₹20,715.29	₹21,801.03
5	₹17,433.86	₹18,552.45

Punjab & Sind Bank Personal Loan Processing Fees

These are some of the additional fees & Chargers applicable on the Punjab and Sind bank personal loans in addition to the interest rate, make sure to go to the table and know about all the information -

Government/PSU Employees, Pensioners & Approved Educational Institute Employees	0.50% + GST
Private Institute & MNC Employees	1.00% + GST
Documentation Charges	Actual stamp/revenue expenses only
Inspection Charges	Nil
Prepayment Charges	Nil

Features and Benefits of Punjab & Sind Bank Personal Loan

These are the top benefits of Punjab & Sind Bank Personal loan mentioned below, go through them to know more about them - 

• No Prepayment Charges: Repay your loan early without any extra cost.
• Collateral-Free Loan: No need to pledge any security.
• No Inspection Charges: Enjoy a cost-effective loan process.
• Low Interest Rates: Competitive rates for affordable borrowing.
• Simple Documentation: Minimal paperwork for easy approval.
• Quick Processing & Disbursal: Fast approval and loan disbursal.
• Affordable Financing: Flexible options to suit your budget.
• Easy Monthly Repayments: Convenient EMI options.
• High Loan Amounts: Sufficient funds to meet your financial needs.

Conclusion

Punjab & Sind Bank Personal Loan is a reliable financial solution for salaried individuals and pensioners, offering competitive interest rates at 11.10% p.a-13.85% p.a., flexible repayment options, and quick disbursal.  Whether you need funds for personal expenses, travel, or emergencies, Punjab & Sind Bank provides affordable financing with high loan amounts to meet your needs. Explore the loan options, check your eligibility, and apply today for a seamless borrowing journey.

FREQUENTLY ASKED QUESTIONS

1. What is the maximum loan amount I can avail through a Punjab & Sind Bank personal loan?

 

• For Salaried Applicants: Up to ₹10 lakh.
• For Pensioners:
  • Up to 20 times the monthly net pension or ₹6 lakh, whichever is less, for pensioners up to 65 years of age.
  • Up to 10 times the monthly net pension or ₹3 lakh, whichever is less, for pensioners above 65 years and up to 70 years of age. 

2. What are the interest rates for Punjab & Sind Bank personal loans?

The latest Punjab & Sind Bank personal loan interest rates are from 11.10% p.a up to 13.85% p.a.

3. What is the tenure for repayment of a Punjab & Sind Bank Personal Loan?

The maximum repayment period is up to 72 months (6 years), subject to the bank's age criteria. 

4. Are there any processing fees for Punjab & Sind Bank Personal Loan?

• For Government/PSU Employees, Pensioners & Approved Educational Institute Employees: 0.50% of the loan amount plus GST.
• For Private Institute & MNC Employees: 1.00% of the loan amount plus GST.

5. Are there any prepayment charges for Punjab & Sind Bank personal loans?

No, there are no prepayment charges for Punjab & Sind Bank personal loans. 

6. What factors affect my eligibility for a Punjab & Sind Bank personal loan?

Eligibility is influenced by factors such as age, income, credit score, employment status, and existing liabilities.