PNB Home Loan Interest Rate — 16th September 2026

Q: What is the current PNB home loan interest rate?

PNB publishes home loan rates from 7.25% to 9.15% , read from its own rate page on 16 September 2026. PNB doesn’t publish an effective date for it. The rate you’re offered depends on PNB’s assessment of your application.

Q: How long can a PNB home loan run?

PNB publishes a maximum term of 30 years . On ₹40 lakh at 7.25%, stretching to the full term costs ₹27,287 a month, against ₹36,515 over 15 years.

Q: How much is the monthly EMI on ₹40 lakh at PNB?

At 7.25%, ₹40 lakh costs ₹31,615 a month over 20 years, or ₹36,515 over 15 years. At the top of PNB’s range, 9.15%, the 20-year EMI is ₹36,376.

Public sector bank

Here’s the home loan interest rate PNB charges, taken from its own website on 16 September 2026: from 7.25% to 9.15%. We’ve set out the card as published, what decides where you land within it, and the EMI at each end.

Starting rate

7.25%

Top of published range

9.15%

Benchmark

RLLR + BSP 8.10%

Effective from

Not published

Read from PNB’s own website on 16 September 2026. Source and method

PNB home loan interest rate card

By CIBIL score

CIBIL score	Formula	Rate today
800 and above	RLLR + BSP − 0.85%	7.25%
750 – 799 / PNB Pride	RLLR + BSP − 0.80%	7.30%
700 – 749	RLLR + BSP − 0.25%	7.85%
600 – 699	RLLR + BSP + 0.95%	9.05%
Up to ₹30 lakh at 80–90% LTV: 750+ / PNB Pride	RLLR + BSP − 0.70%	7.40%
Up to ₹30 lakh at 80–90% LTV: 700 – 749	RLLR + BSP − 0.15%	7.95%
Up to ₹30 lakh at 80–90% LTV: 600 – 699	RLLR + BSP + 1.05%	9.15%
Fixed, tenure up to 10 years (800+)	Fixed	8.25%
Fixed, tenure above 10 years (800+)	Fixed	8.75%

Floating rates for loans above ₹30 lakh unless stated. PNB publishes no effective date for this grid.

What PNB’s interest rate card tells you

PNB’s grid is one of the few that lets you work out your own rate before you apply: every row shows the formula and the rate it produces. The steep step comes below 750. Dropping from 750–799 to 700–749 adds 0.55%, and falling under 700 adds another 1.20%. Smaller loans borrowed close to the loan-to-value limit — up to ₹30 lakh at 80–90% LTV — pay 0.10% more in every band. PNB also quotes a fixed rate for top-score borrowers: 8.25% for up to 10 years, 8.75% beyond.

Its floor puts PNB joint 11th out of 48 lenders on our list, and joint 9th among the 11 public sector banks. At 7.25%, PNB’s starting rate sits 2.00 points over the RBI repo rate of 5.25%. On a ₹40 lakh loan over 20 years, the two ends of PNB’s range are ₹4,761 a month apart.

EMI at PNB’s home loan interest rate

What PNB’s 7.25% starting rate costs each month on common loan sizes. Treat these as the lowest EMI PNB would charge, not the likely one.

Loan amount	10 years	15 years	20 years	25 years	20 yrs at 9.15%
₹35 lakh	₹41,090	₹31,950	₹27,663	₹25,298	₹31,829
₹50 lakh	₹58,701	₹45,643	₹39,519	₹36,140	₹45,470
₹70 lakh	₹82,181	₹63,900	₹55,326	₹50,596	₹63,658
₹1 crore	₹1,17,401	₹91,286	₹79,038	₹72,281	₹90,940

Reducing-balance EMI, before processing fees and insurance. Run your own numbers →

PNB against lenders priced nearby

The four lenders whose published starting rates sit closest to PNB’s, with the EMI each floor produces on ₹40 lakh over 20 years.

Lender	Published rate	EMI, ₹40 lakh / 20 yrs	vs PNB
Canara Bank Public sector bank	7.15% – 10.00%	₹31,373	−₹242/mo
Bank of Baroda Public sector bank	7.20% – 8.95%	₹31,494	−₹121/mo
PNB Public sector bank	7.25% – 9.15%	₹31,615	—
SBI Public sector bank	7.25% onwards	₹31,615	same
Bajaj Housing Finance Housing finance company	7.25% – 10.65%	₹31,615	same

All 48 lenders → Filter and compare → Lowest rates →

How to land near the bottom of PNB’s range

If you’re borrowing up to ₹30 lakh, a down payment that keeps the loan-to-value ratio at 80% or below avoids the extra 0.10% PNB charges at 80–90% LTV.
If a co-applicant has a stronger score, ask how the lender treats a joint application. Some grids are applied on the primary applicant’s score alone, others on the weaker of the two.
A bigger down payment helps at almost every lender: it lowers the loan-to-value ratio and the loan size at once, and both feed into pricing.

PNB home loan fees and charges

Processing fee	0.35% of the loan amount, minimum ₹2,500, maximum ₹15,000, excluding GST. Takeover loans pay ₹2,500. On a ₹40 lakh loan, that comes to ₹14,000, before GST.
Prepayment and foreclosure	PNB doesn’t state its prepayment policy on the pages we read. RBI rules bar foreclosure and part-prepayment charges on floating-rate loans to individual borrowers for non-business purposes, so a floating-rate home loan can be prepaid free wherever you borrow.
Documentation	₹1,350 plus GST
Security verification	₹250 plus GST, once every two years

Documentation charges of ₹1,350 are extra. The fee table on PNB’s page still sits under a waiver heading for a festive campaign that ended on 31 December 2025, so don’t expect that waiver now.

Source: PNB’s own schedule of charges, read on 16 September 2026: https://www.pnb.bank.in/service-charges-related-to-retail-advances.html

Who can get a PNB home loan

Who can apply	Individuals or co-borrowers with an assured regular income — salaried employees, professionals, the self-employed, business owners and farmers.
Longest term	30 years
Loan amount	Based on the project cost and your repaying capacity
Women borrowers	None — PNB’s rate page states no further concession is available to women borrowers

Source: PNB’s home loan page, read on 16 September 2026. Meeting these criteria doesn’t guarantee approval. https://www.pnb.bank.in/housingloanforpublic.html

PNB home loan interest rate — common questions

What is the current PNB home loan interest rate?

PNB publishes home loan rates from 7.25% to 9.15%, read from its own rate page on 16 September 2026. PNB doesn’t publish an effective date for it. The rate you’re offered depends on PNB’s assessment of your application.

How much does PNB charge to process a home loan?

0.35% of the loan amount, minimum ₹2,500, maximum ₹15,000, excluding GST. Takeover loans pay ₹2,500. On a ₹40 lakh loan, that comes to ₹14,000, before GST. Documentation charges of ₹1,350 are extra. The fee table on PNB’s page still sits under a waiver heading for a festive campaign that ended on 31 December 2025, so don’t expect that waiver now.

How long can a PNB home loan run?

PNB publishes a maximum term of 30 years. On ₹40 lakh at 7.25%, stretching to the full term costs ₹27,287 a month, against ₹36,515 over 15 years.

How much does a lower credit score cost at PNB?

Yes. PNB’s published card runs from 7.25% for its strongest profile to 9.15% for its weakest — 1.90 points at the extremes, or ₹4,761 a month on ₹40 lakh over 20 years. The full grid is in the rate card above.

How much is the monthly EMI on ₹40 lakh at PNB?

At 7.25%, ₹40 lakh costs ₹31,615 a month over 20 years, or ₹36,515 over 15 years. At the top of PNB’s range, 9.15%, the 20-year EMI is ₹36,376.

Is the PNB home loan interest rate floating or fixed?

PNB publishes both: floating home loan interest rates and fixed-rate options. PNB quotes its home loan rates against RLLR + BSP, currently 8.10% (RLLR 7.75% (repo 5.25% + 2.50%) + BSP 0.35%). When the benchmark moves, floating rates linked to it move with it; the spread PNB adds for your profile generally stays the same.

How does PNB compare with SBI?

SBI publishes home loans from 7.25%, against 7.25% at PNB — the same starting rate. Starting rates alone won’t separate them. Compare the full rate cards and get a written quote from each before deciding.

Where these figures come from

Source: PNB’s own interest rate page, read by BankCreds on 16 September 2026: https://www.pnb.bank.in/Retail-Advances-interst-rate-on-advances-linked-to-mclr.html

PNB publishes no effective date for this rate, so we don’t show one.

This is the first reading in our PNB rate history, taken on 16 September 2026, and future changes will be dated from it. The fees and eligibility shown were read from PNB’s own schedule of charges and product pages.

Rates are what PNB publishes, not an offer: the rate you’re quoted is set by PNB after it assesses your application. How we collect and check rates →