Punjab National Bank Home Loan in Hyderabad

Last Updated : April 11, 2017, 10:13 a.m.

About Punjab National Bank Home Loan in Hyderabad

Get ready to experience affordable home loans at Punjab National Bank in Hyderabad. The bank has designed its home loan by keeping in mind the affordability and the financial needs of a home loan borrower in Hyderabad. Having said that, PNB also facilitates home loans under Pradhan Mantri Awas Yojana where you can get low-interest rates if you come under eligibility criteria. So, to apply online today at Hyderabad branch, check interest rates, eligibility criteria, list of documents, branch contact details of Punjab National Bank.

Punjab National Bank Home Loan Hyderabad 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 Hyderabad

Address of Punjab National Bank Branches in Hyderabad