Eligibility Criteria
Home Loan
Eligibility Criteria
Your search for a quick, personalized, hassle-free, and easy-to-avail Home Loan ends with PNB Housing.
With some of the lowest Home Loan interest rates in the market, PNB Housing offers a suite of benefits for all those looking to fulfil their aspirations of purchasing or building a dream home.
So, how do you avail a personalized Home Loan with up to 30 years of tenure, no prepayment or foreclosure charges, and up to 90% of property value as loan? Simple! We have a highly transparent Home Loan eligibility criteria for all kinds of salaried employees, whether working in the government sector or employed with a private company.
Whether you meet the criteria for Home Loan from PNB Housing depends on many factors, including:
With some of the lowest Home Loan interest rates in the market, PNB Housing offers a suite of benefits for all those looking to fulfil their aspirations of purchasing or building a dream home.
So, how do you avail a personalized Home Loan with up to 30 years of tenure, no prepayment or foreclosure charges, and up to 90% of property value as loan? Simple! We have a highly transparent Home Loan eligibility criteria for all kinds of salaried employees, whether working in the government sector or employed with a private company.
Whether you meet the criteria for Home Loan from PNB Housing depends on many factors, including:
Home Loan
Eligibility Criteria Based on Occupation
Working in permanent service at a reputed company? Here’s what the PNB Housing home loan eligibility criteria look like for all salaried individuals:
Whether you are a successful self-employed professional such as a doctor, engineer, chartered accountant, architect, management consultant, etc. or a self-employed individual such as an entrepreneur, businessman or freelancer, enjoy flexible eligibility criteria for your Home Loan from PNB Housing.
PNB Housing also gives the freedom to use our instant Home Loan eligibility calculator and Home Loan EMI calculator
to approximate how much Home Loan you are eligible for, your tenure, and pertaining home loan EMI.
to approximate how much Home Loan you are eligible for, your tenure, and pertaining home loan EMI.
Home Loan Documents required for Self-Employed/Professionals
Home Loan Documents required for Salaried Applicants
For Self-Employed/Professionals
For Salaried Applicants
Calculate your Eligibility
Home Loan
Eligibility Criteria Based on Age
Age is a crucial determining factor in your Home Loan eligibility. Generally, younger age allows you to avail a higher loan amount for a longer tenure. This is because younger individuals have a greater financial capacity to pay off the loan than elder and senior citizens. Naturally, maximum loan tenure decreases as the age of the applicant increases.
Whether you are a salaried individual or self-employed, PNB Housing has one major criteria: you should not be more than 70 years old by the time your Home Loan matures. The following table should provide you with the maximum Home Loan you are eligible for depending upon your age:
Age of applicant | Maximum Home Loan tenure |
---|---|
25 years | 30 years |
30 years | 30 years |
35 years | 30 years |
40 years | 30 years |
45 years | 25 years |
50 years | As per Company’s Discretion* |
**This will be at the sole discretion of PNB Housing.
Check
Home Loan Eligibility Criteria Online
It’s always a good idea to check Home Loan eligibility online before applying for one. Every lender’s website is often a good starting point.You can also use modern online eligibility calculators that are often available on your preferred lender’s website.
But what are the factors that influence the criteria for Home Loan eligibility? Essentially, they are a set of parameters that enable the lender to evaluate your creditworthiness and capability to pay off the Home Loan without defaulting. The major factors include age, income, occupation, credit history, property value, any existing loans/EMIs, Etc.
With PNB Housing, you can now check Home Loan eligibility online with ease. Our Home Loan eligibility calculator is simple and easy to use. Enter the following details and play around with the sliders determine how much loan amount you are eligible for:
But what are the factors that influence the criteria for Home Loan eligibility? Essentially, they are a set of parameters that enable the lender to evaluate your creditworthiness and capability to pay off the Home Loan without defaulting. The major factors include age, income, occupation, credit history, property value, any existing loans/EMIs, Etc.
With PNB Housing, you can now check Home Loan eligibility online with ease. Our Home Loan eligibility calculator is simple and easy to use. Enter the following details and play around with the sliders determine how much loan amount you are eligible for:
Net monthly income
Loan tenure desired
Interest Rate
Any existing EMIs
Click here for the Home Loan eligibility calculator and don’t forget to reach out to us for any assistance or queries! If you already know your eligible loan amount, then check out our Home Loan EMI calculator to plan your ideal monthly Home Loan installments.