Punjab National bank Home Loan in Jammu

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

Interest Rate8.60% - 9.95%
Loan amountFor Public:
Up to ₹1 Crores

For Pradhan Mantri Awas Yojana: Up to ₹30 lakhs
TenureFor Public: Up to 30 years

For Pradhan Mantri Awas Yojana: Up to 15 years
Processing FeeFor Public:
For ₹300 lac- 0.50% of loan amount Maximum ₹20000/- For above - ₹50000/-

For Pradhan Mantri Awas Yojana: NIL

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

Branch NameComplete AddressIFSC CodeMICRContact Number
AnantnagAnantnag, Kashmir, Jammu KashmirPUNB000230019202400101932-227502
Shalimar RoadShalimar Road, Jammu Tawi, J&K - 180001PUNB00223001800240090191-2547044, 2576117
Jain BazaarJain Bazaar, Jammu, J&K 180001PUNB00240001800240110191-2570902, 2540967
Srinagar MaharajganjSrinagar, Maharajganj, J&K 19002PUNB00437001900240100194-2477394
ArniaVPO Arnia, Jammu, J&K 181131PUNB005170018002450101923-272233
BaramullaNear Sumo Stand, Baramulla Jammu and Kashmir J&K 193101PUNB005580019302400101952-234318
BijbeharaBijbehara Jammu And Kashmir Jk 192124PUNB005590019202450101932-234279
BasohliBus Stand, Basholi J&K 184201PUNB005600018402450201923-251217
HiranagarHiranagar, Distt. Kathua, J&K 184142PUNB006830018402450401922-274237
Jammu Gandhi NagarGandhi Nagar, JammuPUNB00702001800240160191-2435189, 2435392, 2439899
KulgamQazigund Adda, Kulgam J&K 192231PUNB007390019202450201931-260228
KathuaCollege Road, Kathua, J&K 184101PUNB007440018402400101922-234671/238509
Rehari Chowk69, BC Road, Rehari, Jammu, J&K - 180005PUNB00794001800240180191-2561545, 2543966
NatiporaNatipora, District Badgam Jammu and Kashmir 190015PUNB00804001900240110194-2430780
NagrotaNagrota, Jammu Tawi, J&K 181221PUNB00806001800240230191-2673021
PamporePampore, Near Tehsil Office, Pulwama Jk 192121PUNB008280019002401201933-22212
R S Pura, JammuMain Road, R.S. Pura, Jammu, J&K 181102PUNB008370018002402701923-251204, 250246

  • 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%