Punjab National Bank Home Loan in Kochi

About Punjab National Bank Home Loan in Kochi

Have you recently got married shifted to Kochi with your partner? Kochi is a place full of natural beauty and has many tourist attractions like Backwaters of Kochi, Marine Drive, Front Kochi, etc. So, if you are also in love with this city and want to buy your first home here and settle down, Punjab National Bank (PNB) is here to help you out. The affordable home loan interest rates from PNB will let you buy any home you want since the loan amount offered is higher. Also, the low-interest rates and flexible tenure option will win your heart for sure. Have a look at the branch details to contact the branch or if you want to apply online, check interest rates, eligibility criteria and other important information here.

Punjab National Bank Home Loan Kochi at a Glance

ParticularsDetails
Interest Rate8.65% - 8.90%
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 Kochi

Address of Punjab National Bank Branches in Kochi

Branch NameComplete AddressIFSC CodeMICRContact Number
Star JunctionStar Junction Kottukulam Road, Mattancherry, District Ernakulam, Cochin, Kerala - 682002PUNB00101006820240020484-2224464
MG Road, ErnakulamM G Road, Ravipuram, Ernakulam, Kerala - 682016PUNB01701006820240010484-2352775, 2352399
Market Road, ErnakulamPB No. 1177, Market Road, Ernakulam - 682011PUNB04271006820240030484 – 2382156
D H Road Ernakulam35/574 - 5, Durbar Hall Road, Cochin, Kerala 682016PUNB04273006820240040484 – 2370692, 2366679
Asset Recovery ManagementAsset Recovery Management 3rd Floor, 40 By 1461, Market Road, Ernakulam - 682011PUNB04459006820240030484-2371334, 2361554
VytiilaMenaka Arcade, Sahodaran Ayyappan Road, Vytila, Cochi, Kerala - 682019PUNB04490006820240090484-2989434,
Edappally District ErnakulamToll Junction, Edappally Kochi - 682024PUNB04910006820240129847113335
M G Road (Ernakulam)M.G Road Ernakulam KeralaPUNB0702100NON-MICRNA

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