Punjab National bank Home Loan in Jammu

Last Updated : May 5, 2018, 4:24 p.m.

About Punjab National Bank Home Loan Jammu

If you are planning to buy your dream home in Jammu but your budget is not allowing you to do so, you can apply for a home loan at the nearest branch of Punjab National Bank (PNB). The home loans offered by the banks are available at affordable rates so as to lessen your home loan burden. To apply online, check eligibility criteria, documentation required, interest rates and other related information here.

Punjab National Bank Home Loan Jammu 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 Jammu

Address of Punjab National Bank Branches in Jammu