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Home >> Interst Rates- Loans & Advances >> Retail Rates
 
 
 

LENDING RATE STRUCTURE FOR RETAIL SEGMENT 

 

Term Premium (TP) of 0.50% is to be added where specifically mentioned

 
 
NO-1 Housing Finance to Individuals including NRIs / Flexible Housing scheme @ 
 

S.No.

Scheme

A. 

Under Floating Rate Option BR

 B.

Under Fixed Rate Option BR+0.50%

 C.

OD Facility to Existing HousingLoan Borrowers BR+0.50%

The aforesaid  rates of interest under floating option will also be applicable in:
  • The fixed rate of interest option of Housing Loans, disbursed on or after 01.08.2006, will be subject toreset clause of five years on all repayment tenors except tenor upto 05 year.
  • Extra 0.50% rate of Interest on card rate will be charged in a/cs in respect of 3rd or subsequenthouse/flat.
 
 
NO-2: Earnest Money Deposit Scheme
 
BR
 
NO-3: Personal Loan to Pensioners
 
  Less Than 3 yrs 3 Yrs. & above
Demand and Term Loan BR+3.25% BR+2.75%+TP
                   Overdraft BR+3.50%  NA
 
NO-4: Loan against mortgage of Immovable Property
 
Less than 3 yrs
BR+1.25% to BR+5.00% depending on Risk Rating /PNB Score
 

i)   For loans repayable in 3 years & above, Term premium of 0.50% shall be added.

(ii)  Concession in Rate of interest will be given on the basis of realizable value ofImmovable property offered as security as given hereunder

 

Available Realizable Value of IP Concession in ROI

Concession in ROI

Above 200% & upto 250% of loan amount 

0.25%

Above 250% & upto 300% of loan amount 

0.50%

Above 300% of loan amount

0.75%

 
NO-5: Car Loan
 
BASE RATE SYSTEM
Parameter
Repayment Period
Interest Rate
A. FLOATING RATE OF INTEREST OPTION: 

 

1. To individuals/ corporate where PNB Score is 60 &above OR where collateral security is available upto 100% orabove in the form of Mortgage of Immovable Property (IP)&/or liquid security for PROSPECTIVE BORROWERS.

Up to 7 years BR+0.25%
2. OTHERS Less than 3 BR+1.00%
3 years & above BR+1.50%
B. FIXED RATE OF INTEREST OPTION:
1. ALL Up to 7 years BR+0.40%,(Fixed with a reset clause of 3 years)*.
 
 
NO-6: Two-wheeler Loans (PNB SARTHI) @
 
  Less than 3 yrs 3 yrs & above
Salary is being disbursed through  the concerned branch and/or under check-off facility BR+3.00% BR+3.00%+TP
  Other including Business concern BR+4.00% BR+4.00%+TP

 

 
NO-7: Personal Loan@
 
RATE OF INTEREST:
For Loans up to Rs.10 lac: 
Individuals, whose salary is being disbursed through our branches only (including Defence Personnel)
Base Rate+3%
For Loans up to Rs.5 lac:
Individuals
who are availing the loan under check-off facility (including Defence Personnel)
Base Rate +5%
For others up to Rs.5 lac
Base Rate +6%

 

 

 

 
NO-8: Education Loan
 
 (A) PNB SARASWATI & PNB KAMGAR & PNB UDAAN
 

 Amount of Loan

Rate of Interest
Loans upto Rs 4 lac BR+2.00%
 
Loans over Rs 4 lac & upto Rs 7.50 lac
BR+3.00%
Loans over Rs.7.50 lac (where 100% tangiblecollateral security in the shape of IP,enforceable under SARFAESI Act, and/or liquidsecurity is available) BR+1.00% *
Loans over Rs 7.50 lac Other cases BR+2.50%
Loan for pursuing education from premierforeign Universities and educational Institutes(201) under PNB UDAAN
BR
*w.e.f. 01.06.2015, BR+1.00% ROI to be charged for all education loans,irrespective of amount, where 100% tangible collateral security in the shape of IP,enforceable under Sarfeasi act, and/or liquid security is available.
 
 
 (B) PNB Pratibha

 Amount of Loan


Loans up to Rs 20 lac 

                  BR

 

 
NO-9: Advance against Jewellery & Ornaments
 
a) Productive purposes for Agriculture  
UPTO Rs. 10 Lacs BR+1.50%
b) Productive Purposes (other than agriculture)  BR+2.50%
c) Non-productive purposes Public (Ceiling Rs.10.00 lacs) BR+2.50%
d) Staff (Non-productive purposes) BR+2.50%
 
NO-10: PNB BAGHBAN (Reverse Mortgage Scheme)
 
Reverse Mortgage Scheme for Senior Citizens BR+2.50%
(Fixed, subject to re-set clause of 05 years)
 
 

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