If you need a large amount, loan from the Punjab National Bank (PNB) to Rs 10 lakhs will be useful for you. Although it increases the business, a house or money is building a house or money for children’s education, which can be repayed in 5 years. We know how to achieve this loan and apply online.
Special things of 10 lakh loans from PNB
This loan of the PHB comes with many benefits:
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Loan Amount: 50,000 to Rs 10 lakh
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interest rate: Starting from 9.50% (depends on the customer profile)
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Term: 6 months to 5 years
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Processing fee: 1% of the loan amount (at least Rs 1,000)
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Immediate approval: In some cases the loan appear within 24 hours
PNB loan eligibility
To get this loan, you should fulfill these conditions:
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The applicant must be between the ages of 21 and 65
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Salary or self unemployment may apply
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Low monthly income should be Rs.15,000
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Credit score should be 700 or more
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At least 2 years of work experience
Required Documents
These documents are required when applying for the loan:
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Aadhaar Card and Pan Card (proof of identification)
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Electricity bill or passport proof
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Salary slip or bank statement (proof of income)
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Passport Size photo (copy 2)
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Business Certificate (If you are unemployed yourself)
How to apply online for Loan From PNB?
The process of taking loans from PNB is very easy. Follow these steps:
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Go to the official website of PNB – First of all www.pnbindia.in Visit
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Go to the ‘Loan’ section – Click on the ‘Personal Loan’ option in homepage
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Press ‘Apply’ button now – Fill in your basic information on the new page
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Select Lock and Time – choose Rs 10 lakh and 5-year time
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Fill in personal and business information Not all the details are not correct
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Upload records – Upload scanned documents
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Submit the application – Check out all information and submit the form
After submitting the app, the PNB team will check your documents. If everything is going well, the loan amount will come to your account on 2-3 business days. In case of pre-up lons, money is available in a few hours.
AMI calculation of PNB loan
The EMI will be Rs 9.50 per cent interest rates for the 5-year (60 months) in loan of Rs 10 lakh. You can know your right EMI on the PNB website.
Conclusion
10 lakhs from PNB can take a loan of Rs 10 lakh and you can meet any financial needs. This loan with low interest rates and simple process will be a great option for you. If you are looking for a loan, visit the PNB website and apply online or contact your nearby PNB branch.