What Punjab National Bank charges for a home loan, what it costs in rupees, and how it compares with every other provider we track.
| Advertised rate | 7.25% p.a. onwards |
|---|---|
| What it means | Punjab National Bank can charge up to 9.15% for this product. The advertised figure is a starting rate, not an offer. |
Updated 17 Sep 2026 · Lender rate pages, checked individually
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|
| 7.25% | 9.15% | Repo-linked (RLLR) | 0.35%, min ₹2,500, max ₹15,000 |
Updated 17 Sep 2026 · Lender rate pages, checked individually
The three figures in that row are unpacked separately: the PNB home loan interest rate covers what the bank advertises and the most it can charge, the EMI page converts both ends into a monthly number, and fees and charges lists the costs that sit outside the processing fee.
What that costs in rupees
On ₹50,00,000 over 20 years.
| EMI at 7.25% | ₹39,519 per month |
|---|---|
| Total interest | ₹44,84,512 |
| EMI at the 9.15% maximum | ₹45,470 per month |
| Extra interest at the maximum rate | ₹14,28,235 |
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional.
Those numbers hold for one loan size and one tenure. For your own amount and term, run the EMI calculator.
How it compares
Punjab National Bank is the joint 5th cheapest of the 12 providers we track, 0.10 percentage points above the 7.15% floor. The other public sector lenders on the board sit close: Canara Bank and Union Bank of India at 7.15%, Bank of Baroda at 7.20% and State Bank of India at 7.25%. The full board is on home loan interest rates today.
What moves this rate
Public sector bank. Floating retail loans are priced off an external benchmark — here the repo-linked lending rate — so RBI rate cuts pass through within a reset cycle.
The advertised rate is a starting point, not an offer. It goes to the strongest applicants: a high credit score, a big down payment and usually a salaried job at an approved employer. The maximum in the table above is the bank’s own upper limit. Where you land between the two is set by your credit score, not by bargaining — which is why it is worth reading what affects your credit score before you apply rather than after.
Read the fee together with the rate, not separately. The 0.35% processing fee is capped at ₹15,000, and where a fee is quoted without tax you add 18% GST to get what you actually pay. On a big, long loan the rate matters most. On a smaller or shorter one, a low rate with a high fee is often the costlier deal.
Other Punjab National Bank products
- Fixed deposit — from 6.60%
Terms change without notice. Confirm the current figures with Punjab National Bank before you act.
Related reading
PNB Fixed Deposit
What Punjab National Bank pays on a fixed deposit, what it is worth in rupees, and how it ranks.
2 Oct 2026 · 2 min