Punjab National Bank Home Loan in New Delhi

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

About Punjab National Bank Home Loan in New Delhi

‘Dilli hai Dilwalo Ki’ and a place where you will find everything you ask for. From magical ride at the night with the family and friends to a party at the terrace of your house, every moment is unforgettable in Delhi. If you have been in love with this city and planning to buy your home (maybe the first and most special one), a home loan from Punjab National Bank (PNB) can really prove to be the deal you every desired. So, buy a home in New Delhi and become a Dilliwala in the true sense. To apply at PNB, have a look at the interest rates, eligibility criteria, etc. details here.

Punjab National Bank Home Loan New Delhi 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 New Delhi

Punjab National Bank Branches in New Delhi