PNB Bank Personal Loan EMI Calculator 2026 – Free Online Tool
💰 PNB Bank: 11.4% – 16.95% p.a. | EMI ₹1L = ₹3,293/month (3yr)
🧮 PNB Bank Personal Loan EMI Calculator
Loan Amount ₹1,00,000
Interest Rate (% p.a.) 11.4%
Tenure (Years) 3 Yrs
Your Monthly EMI
₹–
Principal Amount–
Total Interest Payable–
Total Amount Payable–
Enter details and click Calculate.
Principal vs Interest
Principal
Interest
📊 Year-wise Amortization Schedule
| Year | Opening Balance | Principal Paid | Interest Paid | Closing Balance | P vs I Split |
|---|
📋 Table of Contents
🏢 PNB Bank Personal Loan 2026 – Overview
Punjab National Bank is India’s second largest public sector bank with 12,000+ branches. PNB personal loans offer competitive rates especially for government and PSU employees, with long tenure up to 7 years and special pension loan scheme.
| Parameter | Details |
|---|---|
| Interest Rate | 11.4% – 16.95% p.a. (reducing balance) |
| Loan Amount | ₹20,000 to ₹20 Lakh |
| Maximum Tenure | 7 years |
| Processing Time | 2-5 days |
| EMI for ₹1 Lakh (3 yrs at 11.4%) | ₹3,293/month |
| Processing Fee | 1% – 3% of loan amount + 18% GST |
| Prepayment Charges | 2% – 5% after lock-in period |
| Collateral Required | None (unsecured personal loan) |
| Mode of Disbursal | Direct bank transfer (NEFT/IMPS) |
📈 PNB Bank Personal Loan EMI – Quick Reference 2026
Use this quick reference table to check your approximate monthly EMI at 11.4% p.a. (minimum rate). For higher rates, use the calculator above.
| Loan Amount | 1 Year | 2 Years | 3 Years | 5 Years | Total Interest (3yr) |
|---|---|---|---|---|---|
| ₹50,000 | ₹4,428 | ₹2,340 | ₹1,646 | ₹1,097 | ₹9,271 |
| ₹1,00,000 | ₹8,857 | ₹4,679 | ₹3,293 | ₹2,194 | ₹18,542 |
| ₹2,00,000 | ₹17,714 | ₹9,359 | ₹6,586 | ₹4,388 | ₹37,085 |
| ₹3,00,000 | ₹26,571 | ₹14,038 | ₹9,879 | ₹6,583 | ₹55,627 |
| ₹5,00,000 | ₹44,284 | ₹23,397 | ₹16,464 | ₹10,971 | ₹92,712 |
| ₹10,00,000 | ₹88,568 | ₹46,794 | ₹32,928 | ₹21,942 | ₹185,425 |
| ₹20,00,000 | ₹177,137 | ₹93,588 | ₹65,857 | ₹43,885 | ₹370,850 |
*All EMIs calculated at 11.4% p.a. on reducing balance method. Actual EMI may vary based on your interest rate.
EMI Calculation Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
P = Principal loan amount | R = Monthly interest rate (11.4 ÷ 12 ÷ 100 = 0.0095) | N = Tenure in months
Example: PNB Bank personal loan ₹1,00,000 at 11.4% for 36 months:
R = 11.4/12/100 = 0.0095 | Monthly EMI = ₹3,293
P = Principal loan amount | R = Monthly interest rate (11.4 ÷ 12 ÷ 100 = 0.0095) | N = Tenure in months
Example: PNB Bank personal loan ₹1,00,000 at 11.4% for 36 months:
R = 11.4/12/100 = 0.0095 | Monthly EMI = ₹3,293
📈 PNB Bank Personal Loan Interest Rates by CIBIL Score 2026
Your interest rate at PNB Bank depends primarily on your CIBIL score. Here is a breakdown of approximate rates for different credit profiles:
| CIBIL Score | Customer Type | Approx Rate (p.a.) | EMI per ₹1L (3yr) |
|---|---|---|---|
| 750 and above | Excellent credit | 11.4% – 13.4% | ₹3,293 |
| 700 – 749 | Good credit | 13.4% – 17.4% | ₹3,486 |
| 650 – 699 | Average credit | 17.4% – 13.95% | ₹3,686 |
| Below 650 | Low credit | May be rejected or 13.95% – 16.95% | ₹3,563 |
| No CIBIL history | New to credit | Case by case basis | Varies |
💡 Tip to get lowest rate: Maintain CIBIL score above 750 by paying all EMIs and credit card bills on time. Even 1-2 missed payments can drop your score by 50-100 points. Check your free CIBIL score at cibil.com.
All Charges and Fees
| Charge Type | Amount |
|---|---|
| Processing Fee | 1% – 3% + 18% GST (minimum ₹999) |
| Prepayment Charges | 2% – 5% of outstanding (after 12 months) |
| Part Payment Fee | 2% – 3% of amount paid (some banks allow free) |
| Late Payment Penalty | 2% per month on overdue EMI |
| ECS / NACH Return | ₹400 – ₹600 per bounce |
| Loan Cancellation | ₹1,000 – ₹3,000 flat |
| Duplicate NOC / Statement | ₹200 – ₹500 per document |
✅ PNB Bank Personal Loan Eligibility Criteria 2026
To qualify for a PNB Bank personal loan, you must meet the following criteria:
| Criteria | Salaried | Self Employed |
|---|---|---|
| Age | 21 – 60 years | 25 – 65 years |
| Min Monthly Income | ₹15,000 – ₹30,000 | ₹25,000+ net profit |
| Employment / Business | Min 1 – 2 years employed | Min 2 – 3 years in business |
| CIBIL Score | 700+ (750+ for best rates) | 700+ |
| FOIR | Below 50% of monthly income | Below 50% |
| Nationality | Indian resident | |
| Existing Loan | Existing EMIs must be within FOIR limit | |
💡 FOIR Explained: Fixed Obligation to Income Ratio = (All existing EMIs + new EMI) / Monthly Income. Banks prefer FOIR below 50%. If your FOIR is high, close some existing loans before applying to improve eligibility and get better rate.
📄 Documents Required for PNB Bank Personal Loan
Keep these documents ready before applying. Having complete documents speeds up approval significantly:
| Document Type | Salaried | Self Employed |
|---|---|---|
| Identity Proof | Aadhaar Card, PAN Card, Passport, Voter ID, Driving Licence (any one) | |
| Address Proof | Aadhaar Card, Utility Bill, Bank Statement, Rent Agreement (any one) | |
| Income Proof | Last 3 months salary slips | ITR for last 2 years with CA certified P&L |
| Bank Statement | Last 6 months (salary account) | Last 12 months (current account) |
| Employment Proof | Offer letter / Employee ID / Form 16 | Business registration / GST certificate |
| Photograph | Recent passport-size photograph (1–2 copies) | |
⚠ Important: Always submit self-attested photocopies. Incomplete or incorrect documents are the biggest reason for loan rejection and delays. Double-check all documents before submission.
📄 How to Apply for PNB Bank Personal Loan – Step by Step
Online Application (Fastest)
- Visit PNB Bank official website or download their mobile app
- Click on Personal Loan → Apply Now
- Enter mobile number, PAN, date of birth — verify with OTP
- Check eligibility and get pre-approved offer if eligible (existing customers)
- Enter desired loan amount, tenure and purpose
- Upload all documents digitally — Aadhaar, PAN, salary slips, bank statement
- Complete video KYC or e-KYC via Aadhaar OTP
- Review and e-Sign the loan agreement via Aadhaar OTP
- Loan amount credited to your bank account within 2-5 days
Branch Application
- Visit nearest PNB Bank branch with original documents
- Collect personal loan application form from the branch
- Fill form with accurate personal, income, and employment details
- Submit application with photocopies and originals for verification
- Bank conducts credit check, income verification, and document review
- Loan sanctioned within 2–7 working days for branch applications
📱 Pro Tip: Existing PNB salary or savings account holders often have pre-approved personal loan offers directly in the banking app. This is the fastest route — money can be in your account within minutes with no additional documentation needed.
💡 Tips to Reduce PNB Bank Personal Loan EMI
- Improve your CIBIL score — Score 750+ gets you the lowest rate of 11.4%. Even a 1% lower rate on ₹5 lakh loan saves ₹8590 in total interest
- Choose longer tenure — 5-year EMI for ₹1 lakh = ₹2,194 vs 3-year EMI = ₹3,293. Longer tenure reduces monthly burden though total interest increases
- Borrow only what you need — Avoid borrowing extra. Every ₹10,000 extra at 11.4% for 3 years costs ₹1854 in interest
- Maintain salary account in PNB — Existing customers with salary credited to PNB account get preferential rates
- Reduce FOIR before applying — Close or prepay existing loans/credit card dues to lower FOIR below 40%
- Negotiate processing fee — For large loan amounts or if you are a premium customer, you can often negotiate a lower or waived processing fee
- Compare all banks — Use our EMI calculator and personal loan comparison to find the cheapest option
- Check RBI guidelines — Know your borrower rights at RBI official website
⭐ PNB Bank Personal Loan Features & Benefits
PNB Bank personal loan offers several features that make it a competitive option for borrowers looking for quick personal financing:
- Competitive interest rates — Starting at 11.4% p.a. for eligible salaried customers with CIBIL score 750 and above, making it one of the competitive options in the market.
- Quick digital application — Apply online through PNB Bank official website or mobile app. Entire process is paperless for most customers.
- No collateral required — PNB Bank personal loan is completely unsecured. No property, gold, or asset pledge required to avail the loan.
- Flexible tenure options — Choose repayment tenure from 12 months to 7 years, giving you control over your monthly EMI amount.
- Pre-approved offers — Existing PNB Bank account holders may have pre-approved personal loan offers in their banking app for instant disbursal.
- Balance transfer facility — Transfer your existing high-interest personal loan from another bank to PNB Bank at a lower rate to reduce EMI and total interest cost.
- Part prepayment option — Pay extra towards principal when you have surplus funds. This reduces outstanding balance and saves interest.
- Multiple repayment channels — Pay EMI via auto-debit, NEFT, RTGS, UPI, or visit nearest PNB Bank branch.
💡 Tip for PNB customers: Existing PNB Bank salary account holders get the fastest processing and may qualify for pre-approved personal loans visible directly in their banking app — often with zero additional documentation needed.
PNB Bank Personal Loan Eligibility Quick Check
| Parameter | Requirement |
|---|---|
| Age | 21 to 60 years (salaried), up to 65 (self-employed) |
| Minimum Income | ₹15,000 to ₹30,000 per month depending on city |
| CIBIL Score | 700 minimum, 750+ for best rates of 11.4% |
| Employment | Minimum 1-2 years total, current employer 6+ months |
| Loan Amount | ₹20,000 to ₹20 Lakh |
| Tenure | 12 months to 7 years |
⚖ PNB Bank vs Other Banks – Personal Loan Comparison 2026
Compare PNB Bank personal loan with other major banks to find the best deal:
| Bank | Min Rate (p.a.) | EMI ₹1L (3yr) | Total Interest (3yr) |
|---|---|---|---|
| IndusInd Bank | 10.49%+ | ₹3,250 | ₹16,992 |
| HDFC Bank | 10.5%+ | ₹3,250 | ₹17,009 |
| ICICI Bank | 10.85%+ | ₹3,267 | ₹17,604 |
| Kotak Bank | 10.99%+ | ₹3,273 | ₹17,842 |
| Yes Bank | 10.99%+ | ₹3,273 | ₹17,842 |
| SBI Bank | 11.0%+ | ₹3,274 | ₹17,859 |
| Axis Bank | 11.25%+ | ₹3,286 | ₹18,286 |
| PNB Bank (This Bank) | 11.4%+ | ₹3,293 | ₹18,542 |
*Rates as of July 2026. Subject to change. Use our free EMI calculator to compare exact costs for your loan amount.
Useful Links
❓ Frequently Asked Questions – PNB Bank Personal Loan
What is PNB Bank personal loan EMI for Rs. 1 lakh? +
PNB Bank personal loan EMI for Rs. 1 lakh at 11.4% for 3 years = Rs.3,293 per month. For 5 years = Rs.2,194 per month. For 2 years = Rs.4,679 per month. Use our free EMI calculator above for any amount.
What is PNB Bank personal loan interest rate 2026? +
PNB Bank personal loan interest rate in 2026 starts from 11.4% p.a. for eligible salaried customers with CIBIL score 750+. Maximum rate is 16.95% for higher risk profiles. Rate depends on CIBIL score, income, employer type, and loan amount.
How to apply for PNB Bank personal loan online? +
Apply for PNB Bank personal loan online through their official website or mobile app. Enter PAN, mobile number, income details. Upload Aadhaar, PAN, last 3 months salary slips and 6 months bank statement. Existing PNB customers can get instant pre-approved offers via their banking app.
What CIBIL score is needed for PNB Bank personal loan? +
Minimum CIBIL score of 700 is generally required for PNB Bank personal loan. Score of 750+ gets you the lowest interest rate of 11.4% p.a. Lower scores may result in higher rates or rejection. Check and improve your CIBIL score at cibil.com before applying.
Can I prepay PNB Bank personal loan before tenure? +
PNB Bank allows personal loan prepayment after a lock-in period of 12 months. Prepayment charges are typically 2% to 5% of outstanding principal. Part-payment is also allowed subject to minimum payment conditions. Contact PNB for exact prepayment terms applicable to your loan.
What is the processing fee for PNB Bank personal loan? +
PNB Bank personal loan processing fee is typically 1% to 3% of the loan amount plus 18% GST. Some promotional offers may have reduced or waived processing fees. Always confirm the exact processing fee before accepting the loan offer as it significantly affects total loan cost.
What documents are required for PNB Bank personal loan? +
Documents needed for PNB Bank personal loan: (1) Identity proof – Aadhaar or PAN or Passport, (2) Address proof – Aadhaar or utility bill, (3) Income proof – last 3 months salary slips, (4) Bank statement – last 6 months, (5) Employment proof – offer letter or employee ID. Self-employed applicants need ITR for 2 years.
How is PNB Bank personal loan EMI calculated? +
EMI formula: EMI = [P x R x (1+R)^N] / [(1+R)^N – 1]. Where P = Principal loan amount, R = Monthly interest rate (11.4 divided by 12 divided by 100), N = Loan tenure in months. For Rs. 1 lakh at 11.4% for 3 years, N=36 months, EMI = Rs.3,293. Use our calculator for instant result.