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Personal, home, vehicle & other loans

PNB Personal Loan for Employees

A personal loan for confirmed employees, up to 24 times gross monthly salary capped at ₹20 lakh, with nil margin, processing and prepayment fees.

RateLIC employees with a PNB salary account: RLLR+BSP, presently 8.10% p.a. floating / 9.10% fixed. Without a PNB salary account: RLLR+BSP+0.50%, presently 8.60% floating / 9.60% fixed.Maximum amountUp to 24× gross monthly salary, capped at ₹20 lakh, subject to repayment capacity.TenureRemaining period of service or maximum 72 EMIs, whichever is earlier.
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Quick eligibility check

PNB Personal Loan for Employees

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: eligibility requires confirmed/permanent employment with at least one year of service?

Published source: Minimum income

2Do you meet this requirement: The official scheme is for confirmed/permanent employees with at least one year of service?

3Does your annual income meet this requirement: Salary-account and non-salary-account borrowers receive different rate spreads?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byPunjab National Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typePersonal loan for all types of personal needs to confirmed/permanent LIC employees.View source
PNB states the purpose is to meet all types of personal needs.
Source
Personal Loan Scheme for Employees
Page / section
Purpose
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateLIC employees with a PNB salary account: RLLR+BSP, presently 8.10% p.a. floating / 9.10% fixed. Without a PNB salary account: RLLR+BSP+0.50%, presently 8.60% floating / 9.60% fixed.View source
The current rate table publishes separate salary-account and non-salary-account floating and fixed rates.
Source
PNB Retail Advances Interest Rates
Page / section
Personal Loan Scheme to Employees
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRLLR+BSP for LIC employees with PNB salary account; RLLR+BSP+0.50% without a PNB salary account.View source
The official page and current rate sheet publish the two salary-account spreads.
Source
PNB Employee Loan pricing
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR percentage or calculation.View source
PNB publishes and benchmark spreads, not .
Source
PNB Employee review
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo numeric salary threshold is published; eligibility requires confirmed/permanent LIC employment with at least one year of service.View source
The page specifies service eligibility but does not state a minimum salary.
Source
PNB Employee Loan
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to 24× gross monthly salary, capped at ₹20 lakh, subject to repayment capacity.View source
PNB publishes the 24-times salary formula and ₹20 lakh cap.
Source
Personal Loan Scheme for Employees
Page / section
Quantum of Finance
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureRemaining period of service or maximum 72 EMIs, whichever is earlier.View source
The official page publishes the remaining-service or 72- maximum.
Source
Personal Loan Scheme for Employees
Page / section
Repayment (Maximum)
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil processing/upfront fee and nil documentation charges.View source
PNB states processing/upfront and documentation charges are nil.
Source
Personal Loan Scheme for Employees
Page / section
Processing Charges/Upfront Fee and Documentation Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNil.View source
The official page states prepayment charges are nil.
Source
Personal Loan Scheme for Employees
Page / section
Prepayment Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to 24× gross monthly salary, maximum ₹20 lakh
  • Minimum one year confirmed/permanent service
  • Nil margin, processing/upfront and documentation charges
  • Nil prepayment charge
  • Repayment within remaining service or up to 72
  • No security where salary above ₹75,000/month was credited for the last three months; otherwise third-party guarantee

Eligibility

  • The official scheme is for confirmed/permanent employees with at least one year of service. Salary-account and non-salary-account borrowers receive different rate spreads.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • employment and service proof
  • Salary slips/bank statements and
  • Third-party guarantee where the salary-credit condition for nil security is not met

Related official documents

Personal Loan Scheme for LIC Employeesofficial-product-page · current · accessed 30 Aug 2026
↗
PNB Retail Advances Interest Rates — Personal Loansofficial-rate-sheet · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Eligibility · Published termConfirmed/permanent employee; minimum one year service

This value is copied from PNB Employee Loan — published terms. Check the table notes before relying on it.

Source: Personal Loan Scheme for Employees · Complete product page and current rate sheet Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 6 rows · 2 columnsPNB LIC Employee Loan — published termsEligibility, amount, pricing, security, tenure and charges.View tableHide table

Scroll sideways to view every column

PNB LIC Employee Loan — published terms
ParameterPublished term
EligibilityConfirmed/permanent employee; minimum one year service
AmountUp to 24× gross monthly salary; maximum ₹20 lakh
SecurityNil if salary credit exceeds ₹75,000/month for the last three months; otherwise suitable third-party guarantee
RateSalary account: + (8.10% floating presently); no salary account: ++0.50% (8.60% floating presently)
RepaymentRemaining service or maximum 72
ChargesNil processing/upfront and documentation fees; nil prepayment
Personal Loan Scheme for Employees · Complete product page and current rate sheet · accessed 30 Aug 2026Open official source ↗

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