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Home >> Personal Banking >> Credit Schemes >> PNB Saarthi
  • Existing PNB customers with at least 6 months satisfactory transactional record OR new customer with satisfactory track record of last one year with other Bank/FI in the age group of 18 years and 60 years holding a valid driving licence.
  • Salaried individuals drawing salary from our bank or under check off facility from the employer.
  • Students, 18 years and above till gainfully employed, with salaried parent as co-borrower drawing salary from our bank;
  • Business concerns (Corporate or non –corporate)

Income Criteria

  • Minimum Net Monthly Income of Rs.10,000/- p.m.
  • In case of students, Income/salary proof of parent/guardian who will be co-borrower be considered.
  • Income of spouse can be taken into consideration for determining the income criteria provided satisfactory proof of income is produced.
  • Income of business concerns be verified from Income Tax Returns filed and challans for Tax Deposited.

Quantum of

Need based
Where salary is being disbursed through the concerned bank branch and/or Check off facility. 10%
Business concerns 25%

Rate of Interest 
   Condition/Repayment Less than 3 yrs 3 yrs & above
Where salary is being disbursed through the concerned branch and/or undercheck off facility BR + 3.00%  BR + 3.00% + 0.5% (TP) 
All others including Business concerns BR + 4.00%  BR + 4.00% + 0.5% (TP) 
Processing Charges/ Upfront fee  Rs. 275/-+ Service tax & Edu.cess
100% WAIVER UNDER FESTIVAL BONANZA FROM 01.09.2015 TO 31.12.2015 

Documentation Charges
   Rs. 275/-+ Service tax & Edu.cess

Security Hypothecation of 2 wheeler financed from bank loan
Guarantee acceptable to bank as per guidelines 

Repayment (Maximum) For Scooter and Motorcycle – 60 EMIs
For Scooterrete                      – 30 EMIs
For Mopeds                            – 24 EMIs
Maximum Permissible deductions – 40% to 60% of Net monthly salary/ income 

Prepayment charges Nil

Click Here to view rate of interest

Online application facility : Click Here

Above are only salient features of the scheme. For details please contact nearest branch


Where salary is being disbursed through the concerned bank branch and/or Check off facility. 
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