Punjab National Bank Ahmedabad

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About Punjab National Bank

Punjab National Bank is an Indian multinational banking and financial services company serving more than 80 million customers all over India. The bank has always been the forefront in partnering with the economic as well as the social development of the country. Having said that, PNB has proactively met its commitments towards social upliftment and financial empowerment of the rural as well as the urban population of the country. The effect of this approach can be seen in the fact that Ministry of Finance of Government of India declared PNB as first among all the banks in deposit mobilized through Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts.

Corporate Social Responsibility (CSR) is an integral part of the bank’s corporate business strategy. As a result, PNB is an active participant among the financial institutions who are working towards the development of the rural and semi-urban areas. In the coming years the bank will primarily focus on the resolution of stressed assets. The home loan scheme of the bank is one of the best home loan products in the market today. Other than this, the personal loans, education loans, car loans, loan against property and fixed deposit are among the best products provided by the bank.

Branch Addresses of Punjab National Bank in Ahmedabad

Branch NameComplete AddressIFSC CodeMICRContact Number
Maskati Market, AhmedabadMaskati Market, Ahmedabad, Gujarat - 380002PUNB0000500380024006079-2131467, 2132957
Shahi BaghShahibagh, Ahmedabad, GujaratPUNB000330038002401107925625176, 25633327
BalvaMain Bazar, Bavla, Gujarat 382220PUNB0007000382024081027142 32737
DhandhukaMandir Fali Distt - Ahmedabad Gujarat-382460PUNB001460038202410102713 222315
Sanjeevni RoadNear Sanjeevni Hospital, Sanjeevni Road, Ahmedabad - 380010PUNB0052400380024013079-26622026, 26612023
OdhavVallabh Society, Odhav Road, Odhav, Ahmedabad, GujaratPUNB0081100380024009079-2870400, 2871906, 2901968
Ashram RoadAshram Road, Ahmedabad, Gujarat- 380009PUNB0096000380024003079-6581602, 6582706
Mani NagarNear Old Church, Mani Nagar East, Ahmedabad PUNB0096400380024005079-22772152, 22774145
NavrangpuraOpposite Samved Hospital, Navrangpura, Ahmedabad- 380009PUNB0096900380024007079-26448053, 26444832
AmbawadiOld Sharda Mandir, Seth Mangal Das Road, Ambawadi, Gujarat-380006PUNB0097100380024002079-6440070, 6561286
New Cloth MarketVivekanand College Building, Outside Raipur Gate, Ahmedabad, Gujarat- 380002PUNB0098500380024008079-5453626, 26
Sastri ParkSastri Park, SM Road, Ambawadi, Ahmedabad, Gujarat- 380015PUNB0100300380024012079-6305447
Vatva71/1, Near Telephone Exchange, GIDC Estate, Vatva- 382445PUNB0100700380024014079-25833651, 25831195
Gandhi NagarSector-16, G H Road, Gandhi Nagar, Gujarat- 382016PUNB0191300380024029079-3221637, 1967
Vanijya Bhawan Opposite Diwan Ballubhai School, Kankaria, Ahmedabad, Gujarat- 380022PUNB0196000380024015079-25453315, 5450445
RCC Ahmedabad Jaldarshan Building, Ahmedabad PUNB0198100380024017079-26583908, 26584932, 26581542
Bapu NagarMahalaxmi Diamond Centre, Ground Floor, Bapu Nagar, Ahmedabad, Gujarat-380025PUNB0213800380024025079-22205766
Cantt. Ahmedabad Hanuman Mandir, Ahmedabad- 380003PUNB0243900380024024079-2868173
Vadodar , Raopura Bhavan Raopura, Vadodara, Ahmedabad- 390001PUNB03406003900240010265-2423413, 2410951
Relief Road 1st Floor, Ambica Centre, Pattharkuan, Relief Road, AhmedabadPUNB0375100380024019079-25508049, 25508187
Paldi Mahalaxmi 5, Aashirwad Shopping Centre, Ground Floor, VS Main Road, Paldi, Ahmedabad- 380007PUNB0375300380024010079-56482968
Sola RoadSola Road, Ahmedabad, Gujarat- 380061PUNB0393700380024026079-7434806, 99592
Satellite RoadAshapurna COmplex, Opposite Shy and Row House, Ahmedabad, Gujarat- 380015PUNB039660038002402707926767600/26766300
IBBNeel Kamal Building, Opposite Sales, Ahmedabad, Gujarat- 300009PUNB0404200380024028079-7540755
MemnagarSubhash Chowk, Mem Nagar, Ahmedabad, Gujarat- 380052PUNB0419200380024030079-7435050
MCBA Wing, Pelican Building, Nehru Bridge, Ashram Road, Ahmedabad, Gujarat- 380009PUNB0444100380024032079-26586404
BodakdevBodakdev IST Floor, Super Plaza, Sandesh Press Road, Bodakdev, AhmedabadPUNB0445200380024033079-26763437
S G RoadSapath IV Near Anand Dham Jain Mandir, S G Road, Ahmedabad, GUjarat- 380051PUNB0488900380024038NA
Palanpur Maruti Business Centre, Sanskut Shopping and Residency, Ahmedabad, ABU Highway, Gujarat- 285001PUNB048900038502400102742-255253
KathwadaFactory Premises Maize Products, Kathwada, Ahmedabad, Gujarat- 382430PUNB0494800380024037079-22901968

Punjab National Bank Ahmedabad Products Offered

In Ahmedabad, Punjab National Bank offers affordable personal loans, home loans, Pradhan Mantri Mudra Yojana, loan against property, car or vehicle loans, under the loan products and higher saving options like Fixed Deposits under the investment product options. Below are the details like eligibility, interest rate, tenure, fund limit, documents and other general details that you must know while applying at Punjab National Bank.

Basic Details of Punjab National Bank Products

ProductEligibilityAmount Interest RateProcessing FeeTenure
Home Loan For Public:
Individuals or Joint owners.
For Pradhan Mantri Awas Yojana:
EWS households are defined as households having an annual income up to ₹3,00,000
LIG households are defined as households having an annual income above ₹3,00,000 and up to ₹6,00,000
For Public:
Up to ₹1 Crores

For Pradhan Mantri Awas Yojana: Up to ₹30 lakhs
8.50% - 8.60%For Public:

For ₹300 lac- 0.50% of loan amount Maximum ₹20000/- For above - ₹50000/-

For Pradhan Mantri Awas Yojana:

NIL
For Public:
Up to 30 years

For Pradhan Mantri Awas Yojana:
Up to 15 years
Personal Loan For Salaried:

Minimum age of 21 years
Maximum age of 58 years
₹15000 per month at metro centres
₹12500 per month at urban centres
Minimum Net Monthly Income of ₹10000 per month at semi-urban and rural centres
Total work experience of 2 years
Minimum 1 year of stay at current residence
For Self-employed:
Age between 21-65 years
Minimum Net Monthly Income of ₹20,000/-
Total work experience of 2 years
Up to ₹5 lakhs to a subject of 20 times monthly salary of the applicant whichever is lower11.10% - 14.85%1.80% of loan amountUp to 5 years
Car LoanFor private use only.
Individuals
Business concerns (corporate or non-corporate).
Minimum net monthly salary / pension/ income - ₹20000/
Up to ₹100 lakhs8.75% - 9.20%1% of the loan amount (Max. ₹6000/-)Up to 7 years
Business Loan Individuals / Partnership / Ltd Liability Partnership / Pvt. Ltd. Co. /Public Ltd.Co/Trust and Co-operative Societies registered under any law relating to cooperative societies engaged in rendering of service and are categorized as Micro, Small & Medium Enterprises. ii) In Service Sector, the person behind the project/service provider is very important. Their qualification/experience is to be taken into account. iii) For the list of activities under service sector, various notifications from Ministry of MSME, GOI may be referred.Up to ₹2 CroresAs per extant guidelines of the bankUp to ₹500Up to 7 years
Loan Against PropertyFor Personal Needs:
Employees of Central/State Govt./Schools/Colleges/Public Sector Undertakings (PSUs)/Reputed Corporates and Other Income Tax Assesses
Maximum age of 60 years
Minimum Net Monthly Salary of ₹10,000/- for last 3 years for salaried class
Minimum Net Annual Income of ₹1,20,000/- for other income tax assesses
Quantum of Finance from ₹1 lakh to ₹5 lakh
Maximum 75% of the market value of the property
Maximum three times of Annual Gross Income
Maximum Four times of Annual Gross Income
Net Income should be double that of Monthly Instalment in the case of Term Loan as well as Overdraft limit on monthly reducing DP basis.

For Business Needs:

Existing customers with a satisfactory track record of three years (cash profits during last three years and net profit in the immediately preceding year)
Minimum Net annual Income/ Net Profit of ₹120000/- and above
Quantum of Finance from ₹5 lakh to ₹5 Crores
Maximum 75% of the market value of the property
Maximum three times of Annual Gross Profit
Maximum Four times of Annual Gross Profit
Net income should be 1.5 times that of EMI in the case of Term Loan and that of interest amount ( on full sanctioned limit) in the case of Overdraft limit. Interest and depreciation charges will be added back for the purpose of arriving at Net Income/ profit
Up to ₹500 lakhs Up to MCLR +6.00Term Loan: 0.90% of loan amount, Maximum ₹45000/- Working Capital: Rs 300/- per lac or part thereof on yearly basisUp to 10 years
Fixed DepositIndividual (singly or jointly) with others.
Minors who have attained the age of 10 years and above in his own name on giving proof of age by his guardian or any other reliable source or through his natural/legal guardian.
Proprietorship/partnership firm, commercial organization, company/ corporate body.
Hindu Undivided Family.
Association, club, society, trust or religious/charitable or educational institution.
Municipality or Panchayat, Government or quasi-government body.
The illiterate and blind persons can also open the account.
Minimum- ₹100
Maximum- ₹10 Crores
4.00% - 7.10%NAUp to 10 years

Documents Required

ProductDocuments
Home Loan Identity Proof:

Valid
Passport,
Voter ID Card
Aadhaar Card
Valid Driving Licence

Address Proof:
Valid Passport
Voter ID Card
Aadhaar Card
Valid Driving Licence

Income Proof:

Last 3 months' Salary Slips
Last 6 months' Bank Statements showing salary credits
Latest Form-16 and IT returns

Property Proof:

Title Deeds of the Plot
Proof of no encumbrances on the property
Copy of the plans approved by the Local Authorities
Construction estimate by an Architect / Civil engineer

Other Documents:

Employment Contract/Appointment Letter in case current employment is less than 1 year old
Last 6 months' Bank Statements showing repayment of any ongoing loans
Duly filled application form along with recent passport
Own Contribution Proof
Personal Loan For Salaried:

Loan application form with passport size photograph
Identify proof with unique identification number in case of military/ para military personnel
Educational qualification proof
Age proof
Proof of official address and residential address
Income proof
Latest salary slip
Form 16, duly authenticated by the employer

For Self-employed:

Loan application form with passport size photograph
Identify proof with unique identification number in case of military/ para military personnel
Educational qualification proof
Age proof
Income proof
IT returns for the last three financial years
Latest bank statement
Vehicle LoanSigned application form
ID Proof (PAN Card/Voter ID Card/Driving License/Passport)
Age Proof
Address Proof (Driving License/Passport/Voter ID Card)
Last 6 months bank statement
Last 3 months salary slip for salaried
Form 16 or ITR for salaried
Last 3 years ITR with computation of income for self-employed
Last 3 years CA Certified/Audited Balance Sheet and Profit & loss account
Business Loan Identity Proof (Voter ID Card/PAN Card/Driving License/Aadhaar Card)
Address Proof (Passport/Voter ID Card/Driving License)
Loan Against PropertyFilled mortgage loan application form
Identity proof (Passport/Voters ID Card/Driving License/PAN Card)
Address proof (Ration card/Telephone bill/Electricity bill/Lease agreement/Passport/Trade license/Sales Tax certificate)
Bank statement (latest 6 months bank)
Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
Income Tax/Sales tax returns of proprietor/partners/firms/companies
Last 2 years financial statements attested by CA
Copy of license/NOC from local body or license from the competent authority for running the business
Fixed DepositIdentity Proof:
Passport
PAN Card
Driving License
Voter ID
Government ID Card
Senior Citizen ID Card
Address Proof:
Passport
Telephone Bill
Electricity Bill
ID Card Issued by Post Office
Bank Statement with Cheque
Any other ID proof or address proof document can be submitted subject to bank's satisfaction

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