PNB Personal Loan Mumbai - Rates March 2024, IFSC, Eligibility, EMI

Punjab National Bank Personal Loan in Mumbai

About Punjab National Bank Personal Loan Mumbai

In Mumbai, the demand for personal loans is very high as the majority of people living there are working professional. Having said that, it is quite normal to be in need of money even when you are earning. So, whenever you are falling short of money, do not let it stop you from moving on and get a personal loan from Punjab National Bank. The personal loan offered by PNB is available at low-interest rate. Read more to know the details.

Punjab National Bank Personal Loan Mumbai at a Glance

Interest Rate11.40% - 16.95%
Loan amountUp to ₹5 lakhs to a subject of 20 times monthly salary of the applicant whichever is lower
TenureUp to 5 years
Processing Fee1.80% of loan amount

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 Mumbai

Address of Punjab National Bank Branches in Mumbai

Branch NameComplete AddressIFSC CodeMICRContact Number
N C Kelkar RoadN.C.Kelkar Road, Dadar West, Mumbai, Maharashtra 400028PUNB0005900400024012022-24301419
Dadar KC, Mumbai5, Kohinoor Road, Dadar Tt, Mumbai, Maharashtra - 400014PUNB0006000400024011022-24145956
Ilaco House, MumbaiSir PM Road, Ilaco House, Fort, Mumbai, Maharashtra 400001PUNB0006100400024015022- 22661499, 22660477
PNB HouseP M Road, Fort, Mumbai, Maharashtra - 400001PUNB0006200400024016022-22664448, 1262, 63
Kalaba Devi Road, MumbaiKalaba Devi Road, Mumbai, Maharashtra - 400002PUNB0006300400024018022-22402854, 5621
Lalbaug, MumbaiMehta Mansion, Dr. Ambedkar Road, Lalbaug, Mumbai, Maharashtra - 400012PUNB0006400400024021022- 24702728
Kurla, MumbaiL B S Marg, Mumbai, Maharashtra - 400070PUNB0006600400024020022-26503644
Opera HouseRawal Building, Lamington Road, Mumbai, Maharashtra 400004PUNB0006700400024028022-23820791, 1290
Zaveri Bazar, MumbaiSheikh Memon Street, Zaveri Bazar, Mumbai, Maharashtra 400002PUNB0006800400024034022-22419262, 3704
Chembur MainChembur Main, Govandi Road, Mumbai - 400071PUNB0007700400024008022-25214772, 25580070
Linking Road, Bandra West, MumbaiLinking Road, Bandra West, Mumbai, Maharashtra - 400050PUNB0008200400024004022-26420456, 26426174
Colaba, MumbaiShirin Building, SBS Road, Near Colaba Post Office, Mumbai, Maharashtra 400005PUNB0053000400024010022-22151631, 2793
Matunga468A, Hanuman Prasad Building, Kings Circle Matunga, Mumbai, Maharashtra 400019PUNB0053800400024025022-24096415
Andheri West, Mumbai130, S V Road, Andheri West, Mumbai, Maharashtra - 400058PUNB0055000400024002022-26206840-5220
Ville Parle West, MumbaiPadmapriya, 8 Presidency CHS, JVPD Scheme, West Mumbai, Maharashtra - 400049PUNB0055200400024032022-26207739, 7542

  • Personal Loan Interest Rates March 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%