FLOATING RATE
Below rates are applicable from 25-10-2020
In case the interest earned by users across all their RD accounts across all PNB branches in a year exceeds INR 10, 000, the bank must deduct TDS at 10.3 percent. If a user's IT PAN is not updated in. PNB medium-term fixed deposits offer a rate of interest ranging from 4.50% p.a. To 5.30 percent per annum for anytime between 1 and 5 years. For 1-year deposits, the PNB FD interest rate is 5.25.
| Credit score (any loan amount) | Loan Against Commercial Property | Loan Against Residential Property (LAP) | Loan against Plot/ Loan against Special Property* (Residential/Commercial) |
|---|---|---|---|
| less than zero | 10.15% – 10.65% | 10.15% – 10.65% | 10.50% – 11.00% |
| upto 650 | 10.15% – 10.65% | 10.15% – 10.65% | 10.50% – 11.00% |
| > 650 to < 700 | 9.95% -10.45% | 9.95% -10.45% | 10.50% – 11.00% |
| > 700 to < 750 | 9.80% – 10.30% | 9.80% – 10.30% | 10.50% – 11.00% |
| > 750 to < 800 | 9.75% – 10.25% | 9.75% – 10.25% | 10.50% – 11.00% |
| >= 800 | 9.50% – 10.00% | 9.50% – 10.00% | 10.50% – 11.00% |
*Special property is defined as Educational Institutes/Hotels/Schools/Hospitals/Industrial sheds.
* The above rates of interest are subject to change at the sole discretion of PNB Housing
PNB Housing offers floating rate of interest, linked to its benchmark rate PNBHFR
PNBHFR for existing customers (loan disbursed) before 1st March 2017: 14.57% p.a.
Punjab National Bank Interest Rates
PNBHFR Series 0 for existing customers (loan disbursed) between 1st March 2017 – 30th June 2018 : 10.15% p.a.
PNBHFR Series 1 for new customers (loan disbursed) acquired on and after 1st July 2018 : 10.00% p.a.
PNBHFR Series 2 for new customers (loan disbursed) acquired on and after 6th March 2019 : 9.90% p.a.
PNBHFR Series 3 for new customers (loan disbursed) acquired on and after 01st June 2019 : 9.55% p.a.
PNBHFR Series 4 for new customers (loan disbursed) acquired on and after 16th March 2020 : 9.50% p.a.
Pnb Bank Interest Rates Auto Loan
PNBHFR Base Rate 2020 for new customers (loan disbursed) acquired on and after 25th September 2020 : 11% p.a.