The PNB home loan interest rate starts at 7.25% a year as of 17 September 2026, for loans above ₹30 lakh with a CIBIL score of 800 or more. Punjab National Bank’s regular floating rate runs from 7.25% to 9.15% depending on your score, loan size and loan-to-value ratio, and fixed rates run from 8.25% to 10.65%.
The summary table below is our 17 September 2026 record; PNB’s current rate card follows it.
| Advertised rate | Maximum rate | Terms | Processing 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 range, and where you land in it
PNB’s published floating rates for a regular home loan run from 7.25% to 9.15%, a range of 1.90 percentage points. Where you land is set by your credit score, your down payment and whether the loan is above ₹30 lakh, not by bargaining. Improving the first of those before you apply is the one lever you control, and how to improve your credit score covers what actually moves it.
PNB links the rate to its repo-linked lending rate (RLLR): the RBI repo rate of 5.25% plus a 2.50% mark-up, with a business strategy premium of 0.35% on top. RLLR plus premium has been 8.10% since 1 July 2026, and your rate is set as a spread above or below it. The rate resets when the RBI moves the repo rate. On ₹50 lakh over 20 years, the EMI is ₹39,519 at 7.25% and ₹45,470 at 9.15%, so put your own figures through the EMI calculator at both ends.
PNB home loan interest rate by CIBIL score
| CIBIL score | Floating rate | Fixed, up to 10 years | Fixed, above 10 years |
|---|---|---|---|
| 800 and above (loan above ₹30 lakh, LTV up to 80%) | 7.25% | 8.25% | 8.75% |
| 750 and above, or PNB Pride (LTV up to 80%) | 7.30% | 8.30% | 8.80% |
| 700 to 749 (LTV up to 80%) | 7.85% | 8.85% | 9.35% |
| 600 to 699 (LTV up to 80%) | 9.05% | 10.05% | 10.55% |
| 750 and above, or PNB Pride (loan up to ₹30 lakh, LTV 80% to 90%) | 7.40% | 8.40% | 8.90% |
| 700 to 749 (loan up to ₹30 lakh, LTV 80% to 90%) | 7.95% | 8.95% | 9.45% |
| 600 to 699 (loan up to ₹30 lakh, LTV 80% to 90%) | 9.15% | 10.15% | 10.65% |
Source: PNB retail loan rate card, checked 17 September 2026. PNB Pride covers permanent central and state government staff, paramilitary personnel, government pensioners and PSU employees. PNB Max Saver loans start at 7.40% and commercial real estate (CRE) home loans at 7.75%.
How it compares
In our rate table dated 17 September 2026, Punjab National Bank is the joint 5th cheapest of the 12 providers we track for a home loan, 0.10 percentage points above Canara Bank, LIC Housing Finance and Union Bank of India at 7.15%. Among the other public sector banks in that table, Bank of Baroda starts at 7.20%, State Bank of India at 7.25%, Union Bank of India at 7.15% and Canara Bank at 7.15%. PNB’s own starting rate is 7.25%, and the current board is on home loan interest rates.
PNB’s retail service-charge schedule lists a processing fee of 0.35% of the loan (minimum ₹2,500, maximum ₹15,000) plus ₹1,350 documentation charges, before GST. Its Digi Home Loan, applied for online, carries nil processing and documentation charges. The processing fee and everything charged alongside it are set out on the PNB home loan fees and charges page.
Terms change without notice. Confirm the current figures with Punjab National Bank before you act.
Frequently asked questions
What is the PNB home loan interest rate today?
PNB’s floating home loan rate starts at 7.25% a year as of 17 September 2026, for a CIBIL score of 800 or more on a loan above ₹30 lakh. Most borrowers with a score of 750 or more pay 7.30%.
What is the RLLR of PNB?
PNB’s RLLR is the repo rate of 5.25% plus a 2.50% mark-up, and a 0.35% business strategy premium is added on top. RLLR plus premium stands at 8.10% from 1 July 2026, and home loan rates are quoted as a spread on it.
What is the MCLR rate of PNB?
From 1 September 2026, PNB’s one-year MCLR is 8.80%, overnight MCLR is 8.00% and three-year MCLR is 9.10%. New floating home loans are priced on the RLLR, not the MCLR. Older MCLR-linked borrowers can ask the bank about switching.
Does PNB give a lower home loan rate to women?
No. PNB’s rate card states that no further concession is available to women borrowers on the applicable rate. The rate depends on credit score, loan size and loan-to-value ratio.
Is PNB Housing Finance the same as Punjab National Bank?
No. PNB Housing Finance Ltd is a separate housing finance company with its own rates. Its rate page lists floating rates from 7.50%, depending on loan size and credit score, and a fixed rate of 14.75%. Compare its offer with the bank’s before you apply.
What is the EMI on a PNB home loan?
At 7.25% over 20 years, the EMI is about ₹790 per ₹1 lakh borrowed, or ₹39,519 on ₹50 lakh. The PNB home loan EMI calculator shows the cost at both ends of the range.
Sources
- Interest rates on retail advances — Punjab National Bank (checked 17 Sep 2026)
- MCLR and RLLR rates — Punjab National Bank (checked 17 Sep 2026)
- Service charges related to retail advances — Punjab National Bank (checked 17 Sep 2026)
- PNB Digital Housing Loan — Punjab National Bank (checked 17 Sep 2026)
- Minutes of the Monetary Policy Committee meeting, 3 to 5 August 2026 — Reserve Bank of India (checked 17 Sep 2026)
- Home loan interest rates — PNB Housing Finance (checked 17 Sep 2026)
Related reading
PNB Home Loan EMI Calculator — Estimate in Seconds
What a PNB home loan costs each month, and what the same loan costs at the highest published rate.
17 Sep 2026 · 1 min
PNB Home Loan Fees and Charges
The processing fee Punjab National Bank publishes on a home loan, plus the charges that sit outside it.
17 Sep 2026 · 1 min