Punjab National Bank (PNB) offers personal loans starting from 10.25% p.a. As of 2026, with maximum loan amounts reaching up to ₹50 lakh for eligible applicants. A CIBIL score of 750 or higher is generally required to secure the most favorable rates and terms from PNB.
| Parameter | Details |
|---|---|
| Interest Rate (p.a.) | 10.25% – 16.80% (as of 2026) |
| Maximum Loan Amount | Up to ₹50 lakh (general); ₹20 lakh (Personal Loan Scheme for Public); ₹20 lakh (PNB Doctor’s Delight) |
| Maximum Loan Amount (Salaried) | Up to ₹10 lakh |
| Maximum Loan Amount (Pensioners under 65) | Up to ₹3 lakh |
| Loan Tenure | Up to 7 years (84 months); 72 months (Personal Loan Scheme for Public) |
| Processing Fees | Up to 1% of the loan amount (Zero for defence personnel) |
| Pre-closure Fee | ₹0 (allowed only after 6 months of EMI payments) |
| Minimum CIBIL Score | 750 (for salaried and independent professionals); 700 or above (general) |
| Minimum Net Monthly Salary | ₹20,000 (general); ₹25,000 (in cities) |
| Minimum Annual Income (Doctors) | ₹5 lakh (net annual income) |
| Minimum Annual Income (Self-employed Professionals) | ₹6 lakh (gross annual income for the last 2 years) |
| Account Maintenance with PNB | Minimum 2 years (for self-employed professionals) |
| Work Experience (Govt. Employees) | Minimum 2 years (permanent central/state government employees with PNB salary account) |
| Work Experience (Other Employees) | Minimum 3 years |
| Special Schemes | PNB Matritva (for working women during perinatal period), PNB Doctor’s Delight, Personal Loan for Pensioners, Personal Loan for LIC of India Employees |
| Loan Disbursal Period | 2 to 7 working days |
| EMI Starting At | ₹2,199 per lakh (as of 2026) |
PNB offers tailored personal loan schemes for various borrower profiles, including salaried individuals, self-employed professionals, doctors, and pensioners, with specific eligibility and loan limits for each category.
PNB Personal Loan Schemes & Purpose
Punjab National Bank (PNB) offers diverse personal loan schemes tailored to various borrower needs in 2026. These schemes address financial requirements from medical emergencies to professional development, with loan amounts reaching up to ₹20 lakh for specific categories.
| Scheme Name | Target Borrower | Key Purpose | Loan Amount (₹) |
|---|---|---|---|
| PNB Personal Loan Scheme for Public | Salaried individuals | Medical treatment, domestic/foreign travel, wedding, education, home renovation, debt consolidation | Up to ₹20 lakh |
| PNB Matritva | Working women during perinatal period (permanent female employees of Central/State Government, PSUs, or reputed companies drawing salary through PNB) | Expenses related to childbirth and maternity care (hospital expenses before and after childbirth) | Not specified |
| PNB Personal Loan for Self-employed Professionals | Self-employed Professionals (CA, CS, Data Analyst, Architect, LIC Agents, Engineers, Software Developers, Financial Consultants) with minimum gross annual income of ₹6 lakh for the last 2 years and maintaining PNB account for 2 years | Personal needs, professional financial needs | Not specified |
| PNB Doctor’s Delight – Personal Loan Scheme to Doctor | Doctors with a net annual income of ₹5 lakh and more, who have paid taxes for two years | Professional/personal requirements (clinic opening, equipment buying, child education, international trips) | ₹2 lakh-20 lakh or up to 24 times of gross monthly income, whichever is lower |
| PNB Personal Loan for Pensioners | Pensioners drawing their pension from Punjab National Bank | Meeting personal expenses, medical expenses | ₹25,000 – ₹10 lakh (depending on age) |
| PNB Pride | Defence and Military personnel | Not specified | Not specified |
| Digital Personal Loan | New to Bank customers | Not specified | Not specified |
| Pre-Approved Personal Loan | Existing PNB customers (pre-approved) | Not specified | Not specified |
| PNB Personal Loan Scheme for Life Insurance Corporation (LIC) of India Employees | LIC of India Employees | Not specified | Not specified |
These schemes offer varying loan amounts and repayment tenures, with the ‘PNB Doctor’s Delight’ scheme providing a maximum tenure of up to 84 months. Eligibility often depends on income, employment type, and existing banking relationship with PNB.
PNB Personal Loan Interest Rates 2026
PNB personal loan interest rates start from 10.25% p.a. As of 2026, varying based on the borrower’s profile and CIBIL score. The bank offers competitive rates for various schemes, including special rates for doctors and government employees.
| Borrower Type | Interest Rate (p.a.) | Basis | CIBIL Score Impact |
|---|---|---|---|
| General Public | 10.60% onwards | Floating | Rates vary by CIBIL score |
| Paramilitary/Defense Personnel (salary through PNB) | 10.25% onwards | Floating | Higher scores get lower rates |
| Doctors (maintaining salary/receipt collection account with PNB or providing 100% tangible security) | 8.95% onwards | RLLR + BSP + applicable additions (concession up to 1%) | Higher scores get lower rates |
| Employees of institutions/corporations with exclusive Tie-Ups with PNB (minimum 100 employees, 50 for educational institutions, maintaining salary accounts with PNB) | Applicable rate – 0.50% | RLLR + BSP + applicable additions | Higher scores get lower rates |
| Corporations/other Employees drawing salaries through PNB and Government Employees not drawing salaries through PNB (other than Central Government gazette officers) | 11.35% to 13.80% | RLLR + BSP + applicable additions | Rates vary by CIBIL score |
| Employees under check-off facility | 11.35% to 14.50% | RLLR + BSP + applicable additions | Rates vary by CIBIL score |
| New to Bank customers (Digital Personal Loan) | 10.35% onwards | Fixed | Higher scores get lower rates |
| Pre-Approved Personal Loan | 10.35% onwards | Fixed | Rates based on CIC score |
| Government Staff (CIBIL score 800+) | 12.50% | Floating | Excellent CIBIL score secures this rate |
| Personal Loan for Senior Customers | 11.75% p.a. Onwards | Floating | Rates vary by CIBIL score |
PNB’s personal loan interest rates generally range from 11.15% to 16.70% p.a. As of 2026, influenced by the applicant’s income stability and CIBIL score (Source: cleartax.in, as of September 2025).
PNB Personal Loan Eligibility Criteria
A CIBIL score of 750 or higher is generally required for PNB personal loans, enabling access to better interest rates. Eligibility varies significantly across PNB’s diverse personal loan schemes, catering to salaried individuals, self-employed professionals, and pensioners.
- CIBIL Score: A minimum CIBIL score of 750 is for most PNB personal loan schemes.
- Salaried Individuals: PNB offers personal loans up to ₹10 lakh for salaried individuals with stable employment.
- Self-Employed Professionals: Professionals like CAs, CS, architects, and engineers need a minimum gross annual income of ₹6 lakh for the last two years.
- Account Relationship: Self-employed professionals must maintain a savings or current account with PNB for at least two years.
- Doctors: Doctors require a net annual income of ₹5 lakh or more to qualify for the PNB Doctor’s Delight scheme.
- Pensioners: PNB personal loans are available for pensioners who draw their pension through a PNB branch.
- Working Women (PNB Matritva): Permanent female employees of reputed companies, PSUs, or government bodies are eligible, provided their salary is drawn from PNB.
- Repayment Capacity: PNB assesses the applicant’s repayment capacity based on income stability and existing financial commitments.
Meeting these specific criteria ensures a higher chance of loan approval and favorable terms from Punjab National Bank.
Documents Required for PNB Personal Loan
Applying for a PNB Personal Loan in 2026 requires specific documents to verify your identity, address, and income. These documents help PNB assess your repayment capacity and ensure a smooth loan application process.
- Identity Proof: You need a valid government-issued ID such as an Aadhaar Card, PAN Card, Passport, or Voter ID. These documents confirm your identity for the loan application.
- Address Proof: Provide recent utility bills (electricity, water, gas), your Passport, Aadhaar Card, or a Rent Agreement. These establish your current residential address.
- Income Proof for Salaried Individuals: Submit your last 3 months’ salary slips, bank statements showing salary credits for the last 6 months, and your latest Form 16 or Income Tax Returns (ITR). PNB assesses your stable income for loan eligibility.
- Income Proof for Self-Employed Professionals: Furnish your ITR for the last 2 years, profit and loss statements, balance sheets, and bank statements for the last 12 months. Self-employed professionals like CAs and Doctors need to show a minimum gross annual income of ₹6 lakh for the last 2 years.
- Bank Statements: Provide bank statements for the last 6-12 months from your primary operating account. This helps PNB understand your financial transactions and repayment behavior.
- Passport-sized Photographs: You will need 2-3 recent passport-sized photographs. These are standard requirements for most loan applications.
- Loan Application Form: A duly filled and signed PNB Personal Loan application form is mandatory. Ensure all details are accurate and complete before submission.
Having all required documents ready can significantly speed up the PNB personal loan disbursal process, which typically takes 2 to 7 working days.
How to Apply for PNB Personal Loan
Applying for a PNB Personal Loan in 2026 is a straightforward process, available both online and offline. The bank offers various schemes tailored to different borrower profiles, including salaried individuals, pensioners, and self-employed professionals. A minimum CIBIL score of 750 is generally required for the best rates and quick approval.
- Check Eligibility: Verify your eligibility based on your employment type and income. For instance, self-employed professionals need a minimum gross annual income of ₹6 lakh for the last two years.
- Gather Documents: Collect all necessary documents, including identity proof, address proof, income proof, and bank statements. Ensure all documents are current and valid for submission.
- Choose Loan Scheme: Select the PNB Personal Loan scheme that best fits your needs, such as the ‘Personal Loan Scheme for Public’ or ‘PNB Doctor’s Delight’. Each scheme has specific features and benefits.
- Apply Online/Offline: You can apply through the official PNB website or by visiting a branch. The online application involves filling out a form with personal and professional details.
- Submit Application: Complete the application form accurately and submit IT along with the required documents. For online applications, upload scanned copies of your documents.
- Verification and Approval: PNB will verify your application and documents. The loan disbursal typically takes 2 to 7 working days after successful verification and approval.
The selection process for PNB personal loans depends on your job type and credit score, with interest rates based on the 1-year MCLR plus an applicable spread.
PNB Personal Loan vs Other Banks
PNB offers personal loans starting from 10.25% p.a. As of 2026, which is competitive compared to other major public sector banks like Bank of India. The bank provides specific schemes for various borrower profiles, including salaried individuals, pensioners, and self-employed professionals.
| Feature | PNB Personal Loan | Bank of India Personal Loan | Axis Bank Personal Loan |
|---|---|---|---|
| Interest Rate (p.a.) | 10.25% onwards (as of 2026) | Competitive (as of 2026) | Competitive (as of 2026) |
| Minimum Interest Rate (p.a.) | 8.95% (for balance transfer/defence/paramilitary personnel, 2026) | 7.10% (as of May 2026) | Not specified |
| Interest Rate Range (p.a.) | 11.15% to 16.70% (as of 2026) | Not specified | Not specified |
| Processing Fee | Up to 1% of loan amount (zero for defence personnel, 2026) | Not specified (zero for government employees with salary account) | Not specified |
| Maximum Loan Tenure | Up to 7 years (for doctors), 6 years (general public) | Not specified | Not specified |
| Minimum CIBIL Score | 750 | Not specified | Not specified |
| Maximum Loan Amount | Up to ₹20 lakh (general public), ₹50 lakh (specific schemes) | Not specified | Not specified |
| Eligibility for Self-employed | Min. Gross annual income ₹6 lakh for 2 years (CA/CS, Data Analyst, Architect, Engineers, Software Developers, Financial Consultants) | Not specified | Not specified |
PNB’s specific schemes, like ‘PNB Matritva’ for working women and ‘PNB Doctor’s Delight’, offer tailored benefits and higher tenures up to 84 months.
Key Takeaways
- PNB offers personal loan interest rates starting from 10.25% p.a. (as of 2026), with a range of 11.15% to 16.70% p.a. For most borrowers.
- A CIBIL score of 750 or higher is generally required to secure a PNB personal loan, aligning with industry standards for favorable rates.
- PNB provides specialized loan products for doctors, pensioners, and self-employed professionals, often with higher loan limits up to ₹20 lakh and extended repayment tenures.
Compare PNB’s offerings with other banks and verify current rates directly with your preferred lender before applying.
Frequently Asked Questions (FAQs)
What are the PNB personal loan interest rates in 2026?
As of 2026, PNB personal loan interest rates typically range from 10.25% to 16.70% per annum. The exact rate depends on factors like your CIBIL score, income stability, and the specific loan scheme you choose. You should verify the current rate with PNB directly.
What are the eligibility criteria for a PNB personal loan in 2026?
PNB personal loan eligibility in 2026 varies by scheme, but generally requires you to be an Indian resident between 21 and 60 years old. Salaried individuals, self-employed professionals, and pensioners are eligible, with minimum income requirements varying per scheme. A CIBIL score of 750 or higher typically secures better rates.
What are the different PNB personal loan schemes available?
PNB offers various personal loan schemes, including specific options for salaried individuals, self-employed professionals, and pensioners. They also have specialized products like ‘PNB Matritva’ for working women during the perinatal period. Each scheme caters to distinct financial needs and eligibility criteria.
What is the maximum personal loan amount I can get from PNB?
PNB offers personal loans up to ₹50 lakh, depending on the specific scheme and your eligibility. For instance, doctors can avail up to ₹20 lakh or 24 times their gross monthly income, whichever is lower. The final loan amount is determined by your income, credit score, and repayment capacity.
What documents are required for a PNB personal loan application?
To apply for a PNB personal loan, you typically need identity proof (Aadhaar, PAN), address proof (utility bills, passport), and income proof (salary slips, bank statements, ITR). Self-employed individuals may also need business registration documents and bank statements for the last 12 months. Always check PNB’s official website for the most current list.
How does PNB’s MCLR affect personal loan interest rates?
PNB’s personal loan interest rates are often linked to its MCLR (Marginal Cost of Funds-based Lending Rate). Changes in the MCLR directly impact the interest rate charged on your personal loan, with a lower MCLR potentially leading to reduced EMIs. You can find current MCLR details on the official PNB website.
Can self-employed professionals get a personal loan from PNB?
Yes, PNB offers personal loans for self-employed professionals like CAs, CSs, architects, and software developers. Eligibility typically requires a minimum gross annual income of ₹6 lakh for the last two years and maintaining a savings/current account with PNB for at least two years. The loan helps meet professional and personal financial needs.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.