|
S.N |
Loan Products |
Schemes |
RATE OF INTEREST (Based on MCLR of 1 year as on 01.04.2016) |
|
1 |
Housing loan |
Floating |
MCLR+0.05% |
9.45% |
|
Fixed |
FLOATING +0.50% |
9.95% |
|
Overdraft for HL borrowers |
MCLR+0.60% |
10.00% |
|
For purchase of stand alone solar system |
MCLR+2.10% |
11.50% |
|
2 |
Car Loan |
Floating |
MCLR+0.25% |
9.65% |
|
Women |
MCLR+0.25% |
9.65% |
|
For others |
To individuals/ corporate where PNB Score is 60 & above/ equivalent rating of other rating model OR where collateral security is available upto 100% or above in the form of Mortgage of Immovable Property (IP) &/or liquid security for prospective borrowers. |
MCLR+0.35% |
9.75% |
|
For others upto 7 years |
MCLR+0.60% |
10.00% |
|
Fixed for all |
MCLR+0.50% |
9.90% |
|
3 |
Two wheeler |
Salary being disbursed through PNB and /or under check-off facility. |
< 3 years |
MCLR+3.10% |
12.50% |
|
= 3 years |
MCLR+3.60% |
13.00% |
|
Others including business concern |
< 3 years |
MCLR+4.10% |
13.50% |
|
= 3 years |
MCLR+4.60% |
14.00% |
|
Power Ride |
Upto 36 months |
MCLR+1.60% |
11.00% |
|
S.N |
Loan Products |
Schemes |
RATE OF INTEREST (Based on MCLR of 1 year) |
|
4 |
Education loan |
PNB Saraswati/ Kaushal / Udaan |
Upto Rs.4 lacs |
MCLR+2.10% |
11.50% |
|
Above Rs.4 lacs & upto Rs. 7.50 lac |
MCLR+3.10% |
12.50% |
|
Over Rs. 7.50 lacs (others) |
MCLR+2.60% |
12.00% |
|
Loans over 7.50 lac (where 100% tangible collateral security in the shape of IP, enforceable under SARFAESI Act, and/or liquid security is available) |
MCLR+1.10% |
10.50% |
|
Loan for pursuing education from premier foreign Universities and educational Institutes (201) under PNB UDAAN. |
MCLR+0.10% |
9.50% |
|
Loan to children of PNB`s employees where employee is either co–borrower or guarantor. |
MCLR+0.10% |
9.50% |
|
PNB Pratibha |
MCLR+0.10% |
9.50% |
|
PNB Honhaar |
MCLR+2.00% |
11.40% |
|
5 |
PERSONAL LOAN |
Loans upto Rs.10 lac -For individuals whose salary is being disbursed through our branches only (Including Defence Personnel). |
MCLR+3.10% |
12.50% |
|
*Loans above Rs.5 lacs & upto Rs.10 lac* -For other categories i.e., applicants not having salary account with our bank irrespective of check off facility.(*Field functionaries are not empowered to sanction these cases.) |
MCLR+4.10% |
13.50% |
|
Loans upto Rs.5 lac -For individuals who are availing the loan under check off facility (Including Defence Personnel) |
MCLR+5.10% |
14.50% |
|
For others upto Rs.5 lac |
MCLR+6.10% |
15.50% |
|
6 |
Pension loan |
Demand loan/ Term loan/Overdraft |
MCLR+2.60% |
12.00% |
|
S.N |
Loan Products |
Schemes |
RATE OF INTEREST (Based on MCLR of 1 year) |
|
7 |
Gold loan |
Productive Purpose |
For agriculture |
MCLR+1.60% |
11.00% |
|
Others |
MCLR+2.60% |
12.00% |
|
Non-Productive Purpose |
Public/Staff |
MCLR+2.60% |
12.00% |
|
8 |
Reverse mortgage |
For all (Fixed with reset clause of five years) |
MCLR+2.60% |
12.00% |
|
9 |
Earnest Money Deposit |
For all |
MCLR+0.10% |
9.50% |
Advance against Mortgage of Immovable Property (IP)
|
S.N |
Scheme under |
RATE OF INTEREST(Based on MCLR of 1 year) |
|
10 |
Risk rating/ PNB score |
For < 3 yr |
Intt. Table code |
=3 yr |
Intt. Table code |
|
A1 / >80 |
MCLR +1.75 |
11.15% |
MEA1M |
MCLR +2.25 |
11.65% |
MIA1M |
|
A2 / > 70 = 80 |
MCLR +2.00 |
11.40% |
MEA2M |
MCLR +2.50 |
11.90% |
MIA2M |
|
A3 / > 64 = 70 |
MCLR +2.25 |
11.65% |
MEA3M |
MCLR +2.75 |
12.15% |
MIA3M |
|
A4 / > 58 = 64 |
MCLR +2.50 |
11.90% |
MEA4M |
MCLR +3.00 |
12.40% |
MIA4M |
|
B1 / > 52 = 58 |
MCLR +2.75 |
12.15% |
MEB1M |
MCLR +3.25 |
12.65% |
MIB1M |
|
B2 / > 46 = 52 |
MCLR +3.00 |
12.40% |
MEB2M |
MCLR +3.50 |
12.90% |
MIB2M |
|
B3 / > 40 = 46 |
MCLR +3.50 |
12.90% |
MEB3M |
MCLR +4.00 |
13.40% |
MIB3M |
|
C1 / > 35 = 40 |
MCLR +4.00 |
13.40% |
MEC1M |
MCLR +4.50 |
13.90% |
MIC1M |
|
C2 / > 25 = 35 |
MCLR +4.50 |
13.90% |
MEC2M |
MCLR +5.00 |
14.40% |
MIC2M |
|
C3 / = 25 |
MCLR +5.50 |
14.90% |
MEC3M |
MCLR +6.00 |
15.40% |
MIC3M |
Concession in Rate of interest will be given on the basis of realizable value of Immovable property offered as security as given hereunder:
|
Available Realizable Value of IP |
Concession in ROI |
|
Above 200% & upto 250% of loan amount |
0.25% |
|
Above 250% & upto 300% of loan amount |
0.50% |
|
Above 300% of loan amount |
0.75% |