Punjab National Bank Home Loan in Bhubaneswar

Last Updated : April 8, 2017, 5:53 p.m.

About Punjab National Bank Home Loan in Bhubaneswar

Are you looking for an affordable home loan in Bhubaneswar? Your search for the same ends with Punjab National Bank as the home loan offered by the bank is now available at interest rates like never before. YOU can also apply for a housing loan under Pradhan Mantri Awas Yojana (PMAY) that is specially designed under the ‘Housing For All’ scheme. To apply online now, check interest rates, eligibility criteria, branch contact details and other related information for PNB in Bhubaneswar.

Punjab National Bank Home Loan Bhubaneswar at a Glance

Eligibility Criteria

The eligibility criteria to apply for a home loan or housing loan at Punjab National Bank (PNB) is as follows:

• 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

Documents Required

The list of documents that an applicant must have at the time of applying for a home loan at PNB is as follows:

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

For more information, read Home Loan Bhubaneswar

Address of Punjab National Bank Branches in Bhubaneswar