Official Rates • Updated Aug 2026

Punjab National Bank Personal Loan EMI Calculator 2026

Verified PNB personal loan rates from 10.25% – 16.8% p.a. — calculate your EMI, fees & repayment schedule instantly.

Calculator Foreclosure Cost Payment Schedule Compare Banks Eligibility & Documents FAQs

Interest Rate

10.25% - 16.80%

RLLR + BSP (8.10%) + 2.15% to 7.70% by category and CIBIL score

Processing Fee

1.00% of loan amount + GST (Nil for Defence personnel)

≈ ₹4,720 for current loan

Loan Amount

₹50K – ₹40 Lakhs

Instant disbursal on approval

Loan Tenure

12 – 60 Months

Flexible 1 to 5 years

Loan Amount4,00,000 INR

₹

Four Lakhs rupees

₹25K₹25L

Interest Rate (% p.a.)PNB: 10.25% - 16.8%

6%PNB Min: 10.25%36%

Within PNB's verified rates (10.25% – 16.8%)

Loan Tenure

months

1 month84 months

Monthly Net Take-Home SalaryAffordability Check

Banks check that your total loan EMIs do not exceed 40%–50% of your net income.

₹

Fifty Thousand rupees

Monthly Loan EMI

₹8.55 K

@ 10.25% p.a. for 60 months (5 yrs)

Principal Amount

₹4.00 L

Total Interest

₹1.13 L

Processing Fee

₹4.72 K

1% of ₹4,00,000 + 18% GST (₹720)

Total Outflow

₹5.18 L

Principal + Interest + Fee

Net Disbursed to Bank Account (after fee deduction):₹3.95 L

Planning to close your loan early?

Calculate bank foreclosure fees, lock-in period & interest saved

Income Affordability & FOIR Meter

Based on ₹50,000/mo net income

17.1% FOIR (Comfortable)

0% (Safe)30% (Ideal)40% Max Recommended50%+ (High)

Max Safe EMI (40% limit)₹20,000 / mo

Remaining Monthly Salary₹41,452 / mo

High sanction probability! Your EMI is well below the 40% income cap, making you a strong candidate for approval at PNB.

Loan Cost Composition

Months

Principal Loan Amount

₹4.00 L (77.3%)

Total Interest Cost

₹1.13 L (21.8%)

Upfront Processing Fee

₹4.72 K (0.9%)

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PNB Foreclosure Charge Calculator

See exactly what closing this loan early would cost you — and whether the interest you save makes it worth it.

Loan amount

₹

Rate (% p.a.)

Tenure (months)

EMIs paid when you close12 mos

059 months

Outstanding

₹3,35,446

Foreclosure fee

Nil

No foreclosure charge

Total to close

₹3,35,446

Interest saved

₹74,863

Closing now leaves you ₹74,863 better off

₹74,863 interest avoided − ₹0 fee = ₹74,863 net benefit.

Close after	Outstanding	Fee	Net benefit
6 mos	₹3,68,546	Nil	₹93,051
12 mos	₹3,35,446	Nil	₹74,863
24 mos	₹2,63,955	Nil	₹43,777
36 mos	₹1,84,782	Nil	₹20,372
48 mos	₹97,102	Nil	₹5,475

Official PNB Foreclosure & Prepayment Terms

Published schedule of charges • Verified banking disclosure

Verify on PNB's Official Page

Tenure-Wise Preclosure Charge Schedule

All Tenures (Entire Term)

Nil (0%)No penalty

Verbatim Published Clause

“Nil for floating-rate term loans (non-business) to individual borrowers - covers standard PNB personal loan schemes; 2% applies only to non-individual/business-purpose takeovers”

Special Condition: 2% applies only to non-individual / business-purpose term loan takeovers.

18% GST Applicable: Prepayment & foreclosure fees attract 18% statutory GST as mandated by Government of India taxation rules.

Payoff Calculation: Estimates assume a monthly reducing balance. Official payoff statement from PNB will include exact accrued interest up to the settlement date.

Compare PNB with Other Personal Loan Providers (2026)

Live calculated EMIs and processing fees for ₹4,00,000 loan over 60 months across top Indian banks and NBFCs.

Comparing for₹4,00,000 (60 mo)

Sort by:

Lender	Interest Rate (p.a.)	Est. Monthly EMI	Calculated Processing Fee	Total Payable (incl. fees & interest)
Axis Bank	8.75% - 21.55%	₹8,255	Up to ₹9,440	₹5,04,740
Indian Bank	8.75% - 15.00%	₹8,255	₹4,720	₹5,00,020
Union Bank of India	8.90% - 12.65%	₹8,284	₹4,000	₹5,01,040
Bandhan Bank	9.00% - 20.00%	₹8,303	Up to ₹14,160	₹5,12,340
Kotak Mahindra Bank	9.75% - 30.00%	₹8,450	Up to ₹23,600	₹5,30,600
Bank of Maharashtra	9.75% - 15.00%	₹8,450	₹4,720	₹5,11,720
Punjab & Sind Bank	9.75% - 13.90%	₹8,450	₹4,720	₹5,11,720
HDFC Bank	9.99% - 24.00%	₹8,497	Up to ₹7,670	₹5,17,490
ICICI Bank	9.99% - 16.50%	₹8,497	Up to ₹9,440	₹5,19,260
IndusInd Bank	9.99% - 27.75%	₹8,497	Up to ₹16,520	₹5,26,340
IDFC First Bank	from 9.99%	₹8,497	₹14,000	₹5,23,820
South Indian Bank	from 9.99%	₹8,497	Up to ₹4,000	₹5,13,820
State Bank of India	10.00% - 15.00%	₹8,499	₹7,080	₹5,17,020
Bajaj Finance	10.00% - 30.50%	₹8,499	Up to ₹16,520	₹5,26,460
Karnataka Bank	10.03% - 12.28%	₹8,505	Up to ₹9,440	₹5,19,740
Bank of Baroda	10.15% - 17.50%	₹8,528	₹9,440	₹5,21,120

Live figures calculated for ₹4,00,000 over 60 months. Rates and fee formulas sourced directly from each lender's official website (last verified 11 Sept 2026) and auto-refreshed. GST at 18% is added where charged by the lender.

PNB Personal Loan Calculation Walkthrough

Illustrative EMI breakdown for ₹4,00,000 @ 10.25% p.a. over 60 months (5 yrs)

Live Calculation

Loan Principal

₹4,00,000

Interest Rate

10.25% p.a.

Monthly EMI

₹8,548

Total Payable

₹5,17,600

Itemized Cost & Disbursal Breakdown:

Total Interest Payable:₹1,12,880

Estimated Processing Fee:₹4,720

Net Disbursed into Account:₹3,95,280

Total Outflow (Principal + Interest + Fee):₹5,17,600

PNB Personal Loan Eligibility Criteria

Key qualification parameters for salaried & self-employed applicants

Age Range21 – 60 years at loan maturity

Applicant must meet minimum age at time of application.

Minimum Monthly Income₹20,000 – ₹25,000/month

Higher income thresholds may apply for non-metro cities or non-salaried borrowers.

CIBIL / Credit Score700+ (750+ for best rates)

Credit score determines your tier in PNB's 10.25% – 16.8% range.

Employment StabilityMin. 1 year total work experience

At least 6 months with the current employer/organization.

Fixed Obligation Ratio (FOIR)Under 40% – 50% of income

Total existing EMIs plus new EMI should not exceed 50% of net take-home salary.

Documents Required for PNB Personal Loan

Standard documentation for paperless & fast loan sanction

Proof of Identity (Any one)

PAN Card (Mandatory), Aadhaar Card, Passport, Voter ID, or Driving License.

Proof of Residence (Any one)

Aadhaar Card, Utility Bills (Electricity, Gas, Water bill < 3 months old), Rental Agreement, or Passport.

Income Proof (Salaried)

Salary slips of the last 3 months, Form 16 / ITR for the latest financial year, and Company ID card.

Bank Account Statement

Last 3 to 6 months bank account statement showing regular monthly salary credits.

How to Secure the Lowest PNB Personal Loan Interest Rate

1. Maintain 750+ CIBIL Score

Banks reserve their lowest tier rates (10.25% p.a.) for borrowers with excellent credit histories and zero delayed payments.

2. Leverage Salary Account

If your corporate salary account is with PNB, you may qualify for pre-approved personal loans with waived processing fees and discounted rates.

3. Keep FOIR Below 40%

Pay off small credit card balances or existing personal loans prior to applying to lower your Debt-to-Income ratio and boost your sanction limit.

Punjab National Bank Personal Loan FAQs

Frequently asked questions about PNB personal loan rates, EMI calculation, eligibility, and charges in 2026.

What is the current PNB personal loan interest rate in 2026?

PNB personal loan interest rates start from 10.25% p.a. and go up to 16.8% p.a. depending on your credit score, employer category, monthly income, and loan tenure. Rates are linked to RLLR + BSP (8.10%) + 2.15% to 7.70% by category and CIBIL score.

How is PNB personal loan EMI calculated?

PNB personal loan EMI is calculated using the standard reducing balance method formula: EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1], where P is Principal Loan Amount, r is Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100), and n is Loan Tenure in months. You can use our calculator above to get instant results.

What are the processing fees for a PNB personal loan?

PNB charges a processing fee of 1.00% of loan amount + GST (Nil for Defence personnel). For a loan of ₹4,00,000, the estimated fee is approximately ₹4,720 (1% of ₹4,00,000 + 18% GST (₹720)). Processing fees are deducted upfront from your loan disbursal amount.

What is the minimum credit score required for PNB personal loan?

While PNB considers applicants with a CIBIL/Credit score of 700 and above, a score of 750+ is recommended to secure the lowest interest rates starting at 10.25% p.a. and faster approval. Applicants with lower scores may receive higher interest rates or require a co-applicant.

Can I prepay or foreclose my PNB personal loan early?

Yes. PNB's published foreclosure/prepayment charge is: Nil for floating-rate term loans (non-business) to individual borrowers - covers standard PNB personal loan schemes; 2% applies only to non-individual/business-purpose takeovers. Always confirm the exact terms with PNB before prepaying, as charges can vary by scheme, sanction date, or loan agreement.

How much maximum personal loan can I get from PNB?

PNB offers personal loans up to ₹40 Lakhs – ₹50 Lakhs (subject to income eligibility and repayment capacity). The loan amount is determined based on your Net Take-Home Salary, existing EMIs (Fixed Obligation to Income Ratio - FOIR), and credit profile.

What is the maximum tenure for a PNB personal loan?

The maximum repayment tenure for a PNB personal loan is typically up to 60 to 84 months (5 to 7 years). Choosing a longer tenure reduces your monthly EMI, but increases the total interest paid over the loan term.

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