PNB Travel Loan is Here: Now Travel Anywhere Around the World
Last Updated : March 17, 2017, 12:51 p.m.
Punjab National Bank is an Indian multinational banking and financial services company. This state-owned corporation is known for offering personal, social, agricultural, international and corporate banking services. Moreover, among its many services, this renowned bank is known for offering the best services of travel loan. Yes, to satisfy the travelling needs of all, the bank provides travel loan with unmatched features and benefits. The travel loan offered by PNB comes to you with flexible tenures, interest rates and charges & fees. This is the reason that majority of people prefer to avail a travel loan from PNB in order to reap unlimited benefits.
Whether you are looking funds for family vacation or to cover your travel expenses, the bank is here to fulfill your financial needs for travel. Yes, being a helping hand, it accomplishes every wish of yours by supporting you financially well when it comes to travel. No matter what your travelling needs are, PNB with its best of product is here to make your travel experience truly enjoyable.
Well, to give you more further clarity on the same, read this article below and know everything about PNB travel loan.
Punjab National Bank Travel Loan Details:
| Particulars | Details |
|---|---|
| Interest Rates | 12.60%-15.60% (floating) |
| Loan Amount | Rs. 50,000-Rs.5 lakh |
| Repayment | 60 months |
| Processing Fee | 1.80% of the loan amount |
| Repayment Charges | Nil |
Features and Benefits of Punjab National Bank Travel Loan
- Attractive interest rates
- No guarantor/ surety required
- Flexible repayment options
- Loans available for various needs
- Minimal Paperwork
- Quick processing & Disbursal
- Enjoy the convenience of doorstep service
Eligibility Criteria for Punjab National Bank Travel Loan
To avail the travel loan in Punjab National Bank, you need to fit into the below eligibility criteria.
| Criteria | Self-Employed Professional | Self-Employed |
|---|---|---|
| Age | Min-21 years, Max-58 years | Min-21 years, Max-65 years |
| Income | Rs.15000 per month at metro centres Rs.12500 per month at urban centres Rs.10000 per month at semi-urban and rural centres | An applicant should have minimum monthly income of Rs. 20,000 |
| Total years in profession | 2 years | 2 years |
| Years in current residence | 1 year | NA |
Documentation Required for Punjab National Bank Travel Loan
Next, thing on which you need to pay attention is the documentation required to get the travel loan in this bank.
| Salaried | Self-employed |
|---|---|
| Loan application form with passport size photograph | Loan application form with passport size photograph |
| Identify proof with unique identification number in case of military/ para military | Identify proof with unique identification number in case of military/ para military |
| personnel | personnel |
| Educational qualification proof | Educational qualification proof |
| Age proof | Age proof |
| Proof of official address and residential address | Proof of official address and residential address |
| Income proof | Income proof |
| Latest salary slip | IT returns for the last three financial years |
| Form 16, duly authenticated by the employer | Latest bank statement |
(Updated on:8th October,2016)