Punjab National Bank : Loan Application & Check Status

Organization : Punjab National Bank
Facility : Loan Application & Check Status

Home Page : https://www.pnbindia.in/
Check Status : https://netpnb.com/

How To Check PNB Application Status?

Kindly follow the below steps to check the loan application and check status.

Related : PNB Education Loan Scheme : www.statusin.in/10310.html

How To Check :
** Select Loan Type
** Enter Serial Number
** Enter Date of Birth (dd/mm/yyyy)
** Enter Security Key
** Click on submit button

Toll Free Numbers – 1800 180 2222/1800 103 2222

About Us:

The Bank has been able to maintain its stakeholders’ interest by posting an improved NIM of 3.96% in Mar’11 (3.57% Mar’10). The Earning per Share improved to Rs 140.60 (Rs 123.86 Mar’10) while the Book value per share improved to Rs 661.20 (Rs 514.77 Mar’10). Punjab National Bank continues to maintain its frontline position in the Indian banking industry.

In particular, the bank has retained its NUMBER ONE position among the nationalized banks in terms of number of branches, Deposit, Advances, total Business, Assets, Operating and Net profit in the year 2010-11. The impressive operational and financial performance has been brought about by Bank’s focus on customer based business with thrust on CASA deposits, Retail, SME & Agri Advances and with more inclusive approach to banking;

Contact Us :
Punjab National Bank
Chief Retail Banking Division / Financial Products Marketing Division
5,Sansad Marg
New Delhi 110001

FAQ On PNB Loan

1. How much amount can be sanctioned under Car Loan Scheme?
** To Individuals – 25 times net monthly salary/income. (Max. Amount of Loan – Rs. 100 lacs).
** To Business Concerns – Need based loans are sanctioned.

2. Is there any income criteria for availing the loan ?
Yes, Minimum net monthly salary / pension/ income of Rs.20,000/- is required.
3. Can a car loan be sanctioned for purchase of old car ?
Yes, loan can be sanctioned for vehicles which are not older than 3 years.

4. How much amount is the borrower required to contribute ?
For new vehicles, borrower is required to contribute 10% in case of purchase of vehicles from Maruti, Tata Motors, Hyundai , Honda , Mahindra & Mahindra. Extreme & Force Motors Ltd., with whom Bank is having a tie up arrangement.

For purchase of new vehicles of other make/companies, 15% is required to be contributed. For old Vehicles, margin requirement is 30%.

5. What is maximum repayment period under Car loan scheme ?
For new Vehicles : Max 84 months
For Old Vehicles : Max 60 months

6. What is the ROI on Car loans ?
MCLR+0.25% to MCLR+0.60%

7. What are the documents required for Education Loan ?
** Loan application on Bank`s format.
** Passport size photograph.
** Proof of Address.
** Proof of Age.
** Copy of PAN of student Borrower.

** Proof of having cleared last qualifying examination.
** Letter of admission.
** Prospectus of the course wherein charges like Admission Fee, Examination Fee, Hostel Charges etc. are mentioned.
** Details of Assets & Liabilities of parents/co-obligants/guarantors.

** In case loan is to be collaterally secured by mortgage of IP, copy of Title Deed, Valuation Certificate and Non-encumbrance Certificate from approved Lawyer of the Bank be obtained at the cost of the borrower.

** Photocopy of Passport & Visa in case of study abroad.
** Any other document/information, depending upon the case and purpose of the loan.

8. What if Student do not have PAN ?
If PAN is not available at the time of sanction, the same can be submitted within one year of disbursement of loan.

9. How many types of loans offered by pnb bank?
Education Loan, Housing Loan , Personal Loan , MSME Loan , Car Loan , Professional and Self Employed Loan , Two Wheeler Loan

Features of Punjab National Bank Loan

Here are some of the features of Punjab National Bank (PNB) loans:
** Interest rates: PNB offers a wide range of interest rates on loans, depending on the type of loan, the borrower’s credit score, and the loan amount.
** Loan amounts: PNB offers a variety of loan amounts, ranging from a few thousand rupees to several lakhs of rupees.
** Loan tenure: PNB offers a variety of loan tenures, ranging from a few months to several years.
** Processing fees: PNB charges a processing fee for all loans. The processing fee is usually a percentage of the loan amount.
** Prepayment penalties: PNB does not charge prepayment penalties on most loans. However, there may be a prepayment penalty if the loan is prepaid within a certain period of time.
** Loan insurance: PNB offers loan insurance, which protects the borrower’s family in the event of the borrower’s death or disability.
** Loan repayment options: PNB offers a variety of loan repayment options, including monthly EMIs, quarterly EMIs, and lump sum repayment.