Punjab National Bank Chandigarh

About Punjab National Bank

Punjab National Bank has always been in the forefront when it comes to the economic as well as social development of the country. The bank has completed more than 117 years in the banking sector and since then it has been fulfilling the financial needs of the rural as well as the urban population of the country in the best possible way. PNB has proactively met its customers towards the social upliftment and financial empowerment of the targeted segments of the society. Having said that, the Government of India has declared PNB as first among all banks in deposit mobilized through Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts. Punjab National Bank has opened 135 lakh accounts and mobilized ₹1814 Crores on 30th June 2016. The bank has also issued around ₹99 lakhs RuPay debit cards.

In order to spread financial awareness in the country, Punjab National Bank has also flagged off ‘Vitiya Jan Chetna Abhiyan’ which emphasizes on making people aware about the Pradhan Mantri Jan Dhan Yojana, Atal Pension Yojana, Mudra Loans, Pradhan Mantri Jeewan Jyoti Yojana and Pradhan Mantri Jan Suraksha Yojana. From loan products like home loans, personal loans, MSME loans, mortgage loans, car loans to investment products like Fixed Deposit (FD) and Recurring Deposit (RD), the bank has designed them by keeping in mind the affordability and financial needs of the customers. In Chandigarh also, PNB has spread its wings across the city as a result of which the bank has won the hearts of many.

Branch Address of Punjab National Bank in Chandigarh

Branch NameComplete AddressIFSC CodeMICRContact Number
Sector - 17, ChandigarhPNB House, Sector 17 - B , Chandigarh - 160017PUNB00087001600240220172-2703167, 2707860
Sector 22D, ChandigarhScf 1 - 2, Sector 22 D, Chandigarh - 160022PUNB00095001600240160172-2707259, 2700979
Kalka, ChandigarhKalka, Haryana 133302PUNB002490016002402801733-224812, 224810
Sector - 28, ChandigarhSector 28, SCO - 1 Chandigarh - 160027PUNB00574001600240260172-2650778, 2656099
Sector 16, ChandigarhSector 16, Chandigarh 160016PUNB00575001600240210172-2770029, 2781567
Sector 19, ChandigarhSector - 19, Chandigarh - 160019PUNB00583001600240230172-2547611, 2780847
Khuda LahoraKhuda Lahora, ChandigarhPUNB01172001600240070172-2789271
ManimajraMani Majra, ChandigarhPUNB01183001600240090172-2737096/2734042, 2734480
Sector 23 ChandigarhSector 23 ChandigarhPUNB01418001600240250172-2705081
Sector - 9 D, ChandigarhSector - 9 D, ChandigarhPUNB014880016002402701722741584, 742106
DhanasVPO Dhanas U.T. Chandigarh 160014PUNB01542001600240050172-2690380
Sector 17 C, ChandigarhSector 17 C, ChandigarhPUNB01808001600240150172-722090, 703401
RCC ChandigarhSCO No 125 - 127, Sec 17B, Chandigarh 160017PUNB01983001600240010172-2712213, 2722140
MaloyaMaloya, District ChandigarhPUNB02545001600240080172-2643231
PalsauraPalsaura, Near Jain Mill, Chandigarh 160055PUNB02936001600240020172-2626019, 2691643
Industrial Area, ChandigarhIndustrial Area, ChandigarhPUNB03247001600240060172-2653474, 2654516
Sector - 22B, ChandigarhSCO 1118 - 19, Sector - 22B, Chandigarh - 160022PUNB03248001600240240172-2704428, 2705349
Sector 26, ChandigarhSector 26, Chandigarh-160026PUNB03249001600240170172-2791987, 977
Sector 37, ChandigarhSector 37, ChandigarhPUNB03250001600240200172-2692410
Sector - 33D, ChandigarhSector - 33D, ChandigarhPUNB03252001600240190172-2603867
Sector 45 BurailSector 45 Burail, ChandigarhPUNB03253001600240030172-2602415/2668949
Chandigarh M.Rama Sector 27 - AM.Rama Sector 27 - A, ChandigarhPUNB03918001600240300172-2650867
DAV School Sector 8Dav School Sector 8, Chandigarh-160020PUNB03919001600240180712-2784214
MCB Chandigarh1st Floor, Sector 17 B, Chandigarh 160017PUNB04207001600240330172-727502-504
DAV School, Sector 8 ChandigarhDAV Senior Secondary School, Sector 8C Chandigarh, PunjabPUNB04425001600240390172-2780866, 2542743
High Value Branch, ChandigarhSCO 125 - 127, Sector 17 - B Madhya Marg, Chandigarh - 160017PUNB04431001600240400172-702611, 702652
Housing Board Complex, ManimajraBay Shop No. 53, Housing Board Complex, Manimajra, ChandigarhPUNB04462001600240430172-2732840
Chandigarh Sect 12 PECChandigarh, Sect 12 PEC Chandigarh 160012PUNB0606000160024055NA
Chandigarh, Back Office, Sec - 22DChandigarh, Back Office, Sec - 22D UT Chandigarh 160022PUNB0646100NON-MICR0172-2784128
Chandigarh, Sector 49Chandigarh, Sector 49 Haryana 160047PUNB06646001600240159872863858
Chandigarh, Retail Hub Sec - 33Retail Hub, Sco 28, First Floor, Sec - 33D, Chandigarh 160032PUNB0519800NON-MICR0172-2602852, 2602861
Kishangarh (Chandigarh)Village Kishangarh ChandigarhPUNB06912001600240681722742299
Currency Chest Back Off Chandigarh,Currency Chest Back Off Chandigarh, Sector-17B Chandigarh 160017PUNB0700100NON-MICR0172-2721631
Currency Chest Link Office ChandigarhPNB Link Cell (Currency Chest) Back Office Sector 17B Chandigarh 160017PUNB0700200NON-MICR0172-2704394/2716307
Sector 40 ChandigarhS C O No 145, Sector 40C Chandigarh 160040PUNB0738600NON-MICR9876074927
Chandigarh Sector-47Sector-47, Chandigarh PUNB07718001600240829931615978
Zo-Haryana-(Admin)PNB House, Sector-17B, ChandigarhPUNB0377500NON-MICRNA
MICR Center CPC ChandigarhMICR-CPC, Sco-71, 72, Sector-17BPUNB0413300NON-MICRNA
Chandigarh Daddu Majra (Union Territory)Daddu Majra, ChandigarhPUNB0786400NON-MICRNA
FGMO ChandigarhFGM Office 1St Floor Pnb House Bank Square Sector 17B Chandigarh 160017PUNB0543700NON-MICR2724758
Sector 17 B ChandigarhChandigarh Punjab 160017PUNB0798800NON-MICR8288013956
AkshayaSco 31 46 Ground Floor PNB House Sector- 17 B ChandigarhPUNB0877900NON-MICR8437148899

Products Offered by Punjab National Bank in Chandigarh

In Chandigarh, 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
8.60% - 9.95%For Public:

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

For Pradhan Mantri Awas Yojana:

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 lower11.40% - 16.95%1.80% of loan amountUp to 5 years
Car LoanFor private use only.
Business concerns (corporate or non-corporate).
Minimum net monthly salary / pension/ income - ₹20000/
Up to ₹100 lakhs6.50% Onwards1% 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
2.90% - 5.75%NAUp to 10 years

Documents Required

Here are the documentation required to apply at Punjab National Bank, that an applicant must follow so as to get instant approval and easy processing.

Home Loan Identity Proof:

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:
PAN Card
Driving License
Voter ID
Government ID Card
Senior Citizen ID Card
Address Proof:
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

Personal Loan Interest Rates February 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates February 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%