Punjab National Bank Punjab National Bank was founded in 1895 under the guidance of 7 leaders of independent thought, from different backgrounds on the 12th of April. The bank is today a leading national bank with 5937 branches all over the country. They were awarded the MSME National Award recently for their excellent performance in the PMEGP sector in the North Zone.

Why should one apply for PNB Personal Loan?

  1. Punjab National Bank is a leading bank in the provision of loans and other financial products. They have a customer base of more than 72 million. The bank provides all kinds of loans to its customers; personal loan, car loan, home loan, property loan, or other kinds of loans. There are many advantages of taking a personal loan from PNB, some of them which are:
  2. They provide personal loans to army men, LIC agents, employees of government institutions, salaried people, professionals, and self-employed individuals.
  3. They accept a suitable guarantor provided by the loan applicant.
  4. There are two types of loans that are available from PNB Bank for the customers, namely, Term Loan and Overdraft Loan.
  5. Affordable interest rates.

Are you eligible for getting a Personal Loan from any financial institution? There are some Eligibility Criteria regulated by Banks to get a loan. You must be eligible if you want finance to meet your requirement. Check your Eligibility in 1 minute. Apply Online and get Dialabank for you.

PNB Personal Loan Eligibility

Not everyone can get a personal loan. There are some criteria on the basis of them the bank provide a personal loan to the applicants. Let us discuss them.

There are two categories of the applicants.

  1. Salaried
  2. Self-employed

There are different criteria for both categories. Let us see both of them one by one.

Salaried Applicant

  1. First of all the age of the applicant should be more than 21 years.
  2. After that he/she should be earning Rs. 18000 per month at least.
  3. After that, the applicant should have the work experience of 3 years at least.
  4. After that he/she should be getting the salary in his/her bank account.
  5. The credit history of the applicant should be good.

Self-employed Applicant

  1. If the applicant is self-employed than his/her age should be 25 years at least.
  2. He/she should be filing ITR for last three years at least.
  3. His/her CIBIL score should be good.
  4. The ITR should be of Rs. 2.5 Lakhs per annum at least.

Salaried People

Parameters

Metro

Tier-2

Tier-3

Tier-4

CitizenShip

Indian

Same as Metro

Same as Metro

Same as Metro

Minimum Age

21 Yrs

Same as Metro

Same as Metro

Same as Metro

Maximum Age

60 Years at
Loan Maturity

Same as Metro

Same as Metro

Same as Metro

Salary

18,000

15,000

15,000

15,000

Telephone / Mobile

Mandatory

Mandatory

Mandatory

Mandatory

Current Experience

One year

One Year

One Year

One Year

Salary in Cash

Not Applicable

Same as metro

Same as Metro

Same as metro

 

Self Employed People

Parameters

Metro

Tier-2

Tier-3

Tier-3

Citizenship

Indian

Same as Metro

Same as metro

Same as Metro

Minimum Age

25  Yrs

Same as Metro

Same as metro

Same as Metro

Maximum Age

65 Year at the
Loan Maturity

Same as Metro

Same as metro

Same as Metro

ITR required

2.5 lakhs - 3.0 Lakh

Same as Metro

Same as metro

Same as Metro

Residence

Office or Home
should be Owned

Same as Metro

Same as metro

Same as Metro

Telephone / Mobile

Mandatory

Mandatory

Mandatory

Mandatory

Business Stability

Business Should be running
from last 3 years

Same as Metro

Same As metro

Same as Metro

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Special Note: Bank does not provide Personal Loan to poor credit holders. However; one can fulfill their financial requirement with a Gold Loan easily.

A personal loan can be taken for different needs. If you need finance, you can borrow from financial institutions. There are different rules and criteria to get a personal loan. One must check its eligibility for getting loan amount. Personal loans are multipurpose finance options. There are various benefits of taking a personal loan online. You can avail a good deal by comparing offers and finalizing the best one as per your needs.

PNB Personal Loan Benefits

  1. A Loan without any collateral or security: A Personal Loan is not a secured loan. Banks don’t ask for any security or collateral. So, there is no need of pledging collateral or security. It is purely given as per the customers' income.
  2. Simple Documentation: Personal Loans are simple and easy. You can get it with minimum documentation with a quick process. Banks need some basic documents of a borrower like identity proof, address proof, income proof, etc.
  3. Loan Amount: The amount can be ranging from Rs. 50,000 to Rs. 20 lakh.
  4. Quick Loan Approval: It is easily sanctioned within 48-72 hours without any hassle. After getting the documents, banks will do the verification of the given details and the loan will get disbursed within 24 hours of verification.
  5. Multipurpose finance: Personal loan can be used for various purposes i.e. in paying old bills, home improvements, wedding shopping, financing trips and many more.
  6. No Third party involvement: The loan is directly given to the borrower without the involvement of the third party. It is a relationship between the borrower and the lender.
  7. Hassle free: Getting a personal loan is now a hassle-free process. Online loan portals have made it more convenient and easy. You can get the loan amount in your account without stepping out of your place.

Avail the benefits of a personal loan by applying online. Get the best deal and lowest interest rates with quick approval. Call 60011600 or 9878981166.

A Personal loan is immediate finance provided by the lender to the borrower. The borrower can avail personal loan from any lending institution, private sector bank as well as from government sector banks. Personal loan interest rates vary according to banks and customer profile. Some Institutions provide special offers to their regular customers like affordable interest rates, low processing fee, affordable EMIs and long tenure period. Check interest rates offered by different banks in the country.

PNB Personal Loan Interest Rates 

Personal Loan Starts at 10.75% per annum. And vary from person to person on the basis of salary and CIBIL Score. It also depends on the profile of the company.

How to avail the lowest personal loan Interest Rates?

Following are the features of lowest interest rates:

  1. Company Profile: The company profile may impact a lot in terms of interest rates. Banks have categorized the companies in different categories. They offer interest rates as per the category of company. So, if you are looking for a good deal, do check your company category.
  2. Online Comparison: Person should do detailed research online to compare the interest rates of all lenders. It helps the borrower to choose the best lender that suits their requirements. A person can use various tools like EMI Calculator, online comparison portals, loan helplines, etc.
  3. Negotiate with the lender: In case a consumer is already a customer of the lender, then chances of getting a good discount on interest rates will be more.
  4. Co-borrower: If a borrower’s credit rating is low then, the borrower can merge the income of spouse/father/mother to increase the loan eligibility.

People, who can apply for a personal loan from PNB Bank, are:

  1. Defense Personnel who is permanent including officials of Military Station Headquarters, CRPF, CISF, BSF, ITBP.
  2. Central/ State Govt/ PSUs and all reputed companies/ Institutions confirmed / permanent employees, who draw their salary from accounts maintained by the PNB branches. Or employer's of above categories agree for ‘check-off facility’.
  3. Professionally qualified Doctors such as, MBBS, BDS & having an annual income of Rs.4.00 lakh & above are also eligible for a personal loan from PNB.

PNB Personal Loan Features

There are many features of a personal loan some of them are:

  1. They provide personal loans at interest rates varying from 15.50% to 22%.
  2. A person can avail the loan amount varying from Rs. 50,000 to Rs. 5 lakhs.
  3. Loan EMIs can be paid for up to 60 months.
  4. Special loan offers for pensioners.

How to Apply?

  1. Visit website www.dialabank.com
  2. Submit all the documents
  3. Calculate your EMI online

* Above rates are subject to change without notice.*

It is necessary to compare the interest rates of the personal loan deals that are offered by all the banks. The personal loan is an unsecured loan that an individual can take for fulfilling any personal requirement. This can be for purchasing a gadget, for going on a holiday, for paying medical bills, for paying education expenses and other needs.

Special Note: We do not provide Personal Loan to bad credit holder, but you can fulfill your money requirement with Gold Loan easily.

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REMINDER SERVICES EMI CALCULATOR

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Reminder Services EMI Calculator Personal Loan Interest Rates

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