Punjab National Bank Home Loan in Lucknow

Last Updated : April 18, 2020, 7:15 p.m.

About Punjab National Bank Home Loan in Lucknow

The feeling of living in your own house can not be expressed in words. Every passing moment fills in our heart with unforgettable memories that will always be with us. If you are planning to build a home of your own in Lucknow or have decided to buy one, shortage of money can not stop you for sure as Punjab National Bank home loans are here. You can also apply for a home loan under Pradhan Mantri Awas Yojana (PMAY) if you are under the eligibility criteria. Read more to check interest rates, eligibility criteria and other details to apply at Lucknow branch or apply online at PNB.

Punjab National Bank Home Loan Lucknow 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 Lucknow

Punjab National Bank Branches in Lucknow