Punjab National Bank Personal Loan in Bengaluru

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

About Punjab National Bank Personal Loan Bengaluru

When it comes to personal loans, Punjab National Bank is one of the best banks in India. The lower interest rates on personal loans make it a budget-friendly loan and hence people of Bengaluru prefer it. PNB has been in the banking industry since a long time now and thus it has got the understanding of the needs of the masses. Having said that, the bank has kept the upper limit of the loan amount quite high so as to help people lessen their major financial urgencies as well. So, to apply for a personal loan in Bengaluru, read below the eligibility criteria, interest rates, Bengaluru branch details.

Punjab National Bank Personal Loan Bengaluru at a Glance

Eligibility Criteria

The eligibility criteria to apply for a personal loan at Punjab National Bank (PNB) is as follows:

• The age of the applicant must be between 21-58 years (65 years for self-employed)
• The minimum monthly income of the applicant must be ₹15000-for metro city and ₹12500-for urban city (₹20,000/- for self-employed)
• Total work experience of 2 years is a must
• Minimum residence of 1 year at current residence is required

Documents Required

The list of documents that an applicant must have at the time of applying for a personal loan at PNB is as follows:

• Loan application form with passport size photograph
• Identify proof with unique identification number in case of military/ paramilitary personnel
• Educational qualification proof
• Age proof
• Proof of official address and residential address
• Income proof
• Latest salary slip (IT returns for the last 3 financial years for self-employed)
  Form 16, duly authenticated by the employer (latest bank statements for self-employed)

For more information, read Personal Loan Bengaluru

Address of Punjab National Bank Branches in Bengaluru