Friends, Punjab National Bank is a government bank of India, which provides almost every kind of banking services to its customers, Punjab National Bank is one of the largest banks in India, in which you can get different types of secured and unsecured loans. If you need money and in such a situation you want to fulfill your financial needs by taking a personal loan, then you can take financial help from Punjab National Bank, however for this you have to fulfill some important conditions like you should have an account in this bank.
You should be doing some kind of job or business, your monthly salary should be at least 15 thousand rupees, if you fulfill these necessary conditions then you can apply for a personal loan by visiting your nearest Punjab National Bank branch.
If you read this article till the end, then you will not have to search much more to know about Punjab National Bank Personal Loan Apply Online, because in this article itself you have been given complete information about this loan, so let’s start without any delay, so let’s know what to do to take a personal loan from Punjab National Bank.
Benefits and Features of Punjab National Bank Personal Loan
- If you take a personal loan from Punjab National Bank, then its biggest advantage is that you will not need any agent for mediation.
- The amount of personal loan will be transferred to your bank account within 15 days.
- You can get personal loan online or offline as per your wish.
- You can easily take a loan from this bank from Rs 25 thousand to Rs 10 lakh.
- Punjab National Bank provides you loan in the form of term loan with underdraft.
- The minimum EMI on personal loan in this bank is Rs 1581.
Interest rates of Punjab National Bank Personal Loan
Compared to other banks, Punjab National Bank gives you personal loan at very attractive interest rates, you can understand its interest rates through the following points.
- If you take a personal loan of Rs 1 to 10 lakh from Punjab National Bank, then you will get an interest rate of 8.95% (on salary account)
- If you take a personal loan of Rs 5 to 10 lakh, then you will have to repay the loan at an interest rate of 10.30% (for those who do not have a salary)
- For those who are pensioners, this bank has kept the interest rate on personal loan at 10.75%.
- You will also have to pay a processing fee of 1% in this bank.
- The time period of personal loan taken from this bank is 5 years.
- To take a personal loan from Punjab National Bank, your CIBIL score must be at least 650.
Eligibility Required For Punjab National Bank Personal Loan
- To take a personal loan from this bank, your monthly income should be at least 30 thousand rupees.
- The person applying for personal loan should have his own business or job.
- Keep in mind that you should not have taken a loan from any other finance company.
- The age of the person taking personal loan should be between 21 years to 58 years.
Documents required for Punjab National Bank Personal Loan
- Aadhar Card
- PAN Card
- Residence Certificate
- Identity Card
- Birth Certificate
- To prove your income, you will have to provide income tax details of the last 3 years.
- Bank statement of the last 3 months
How To Apply Online For Personal Loan From Punjab National Bank?
- To apply for Punjab National Bank Personal Loan Online, first of all you have to go to the official website of Punjab National Bank.
- After this, you have to select the option of Online Service on the home page of the website, after which many options will come in front of you, from which you have to select the option of Online Loan.
- Now a new page will open in front of you in which you have to enter the required information asked, along with uploading the required documents and click on the Submit button.
- After that the information and documents provided by you will be checked by the staff and if you are eligible to take the loan then the bank will contact you and then you will get the loan.
Conclusion
If you need money and in such a situation you want to fulfill your financial needs by taking a personal loan, then you can take financial help from Punjab National Bank, however for this you have to fulfill some important conditions like you should have an account in this bank. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
