Landing Page Roshni Home Loan
What are
Roshni Home Loans
Salient Features and Advantages:
PNB Housing Roshni Home Loan
Your EMI is
Interest amount₹ 2,241,811
Total amount payable₹ 4,241,811
PNB Housing
Amortization Chart
Amortization is paying off your loan over time in equal installments. As the term of your home loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term. This chart explains what you pay every year towards principal and interest amount
Roshni Home Loans
Eligibility Criteria
A salaried employee of local and stable business entity. The employer’s company can be a sole proprietorship/partnership/private limited/limited company/trust, among other things.
A self-employed person with informal income from a low/middle income group, with a households earning as low as INR 10,000. This also applicable to combined income when there is a co-applicant.
At the time of loan maturity, you should not be older than 70 years old.
Roshni Home Loans
Documents Required
Duly filled application form with photograph and PAN card
Age proof (PAN card, passport, any other certificate from statutory authority etc.)
Residence proof (passport, driving license, telephone bill, ration card, election card, any other certificate from statutory authority etc.)
Latest salary-slips/salary certificates for 3 months
Form 16 for last 2 years (if available)
Last 6 months bank statements(salary account)
Photocopy of title documents of the property, approved plan
Duly filled Application Form with Photograph and PAN Card
Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority etc.)
Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority etc.)
Certificate and Proof of Business existence along with Business Profile (if available)
Last 2 years Income Tax Returns of both self and business (if available)
Last 6 months Bank Account Statements (self & business)
Photocopy of Title Documents of the Property, Approved Plan etc.
Roshni Home Loans
Frequently Asked Questions
Every lender charges you interest on the total principal home loan amount you borrow from them. This interest amount is calculated on the basis of a percentage figure called the home loan interest rate. By entering the home loan interest rate, home loan amount and tenure of the loan in a home loan EMI calculator, you can determine the monthly payable EMI as well as the total interest component for any given home loan amount! At PNB Housing, you get the best home loan rates in the market as long as you meet our easy eligibility criteria.
At any given time, home loan rates all over the country usually hover around a common figure depending on the market and other factors. The home loan interest rate at PNB HOUSING today stands at 8.75%* p.a. onwards. However, this is not the final rate of interest. What you avail at the end of the day depends upon a host of variables such as income, loan amount, type of interest rate, credit score, type of home loan, etc.
The minimum home loan interest rate applicable to you is often subject to market conditions and other factors such as the applicant’s income, type of employment, credit score, home loan amount, type of interest opted for, etc. Hence, it changes from lender to lender and applicant to applicant.