Punjab National Bank Personal Loan

Punjab National Bank requires a minimum monthly income of ₹12,000 for personal loan applicants. Salaried employees with a regular salary credit and self-employed professionals with documented income both qualify, subject to individual credit assessment.

Punjab National Bank charges a processing fee of 1% + GST. This is a one-time charge deducted from the disbursed amount. GST at 18% is also applicable on the processing fee. There are no hidden charges — all fees are disclosed upfront on Paisawaala.

The final step with Punjab National Bank is typically: Disbursement to PNB account after agreement. For existing customers or pre-approved offers, the timeline is significantly shorter.

Punjab National Bank requires a minimum CIBIL score of 650. A higher score (750+) improves your chances of getting a lower interest rate. You can check your CIBIL score for free on Paisawaala before applying.

Yes, most personal loans from Punjab National Bank can be foreclosed after a lock-in period (typically 6–12 EMIs). Foreclosure charges may apply depending on when you close the loan and the outstanding principal. Check the loan agreement for exact terms.

Punjab National Bank is a scheduled public sector bank regulated by the Reserve Bank of India (RBI). Your deposits are insured by DICGC up to ₹5 lakhs.