Personal, home, vehicle & other loans

PNB Baghban Reverse Mortgage

A reverse-mortgage facility that pays regular monthly instalments against an unencumbered self-occupied home, up to ₹1 crore including interest, for senior-citizen living expenses.

RateFloating RLLR+BSP+2.75%, presently 10.85% p.a.; fixed ROI 11.85% under the current PNB Baghban rate row.Maximum amountMaximum qualifying loan, including interest, ₹1 crore; a medical-treatment lump sum is permitted up to ₹15 lakh.TenureThe published reverse-annuity chart covers 10 to 20-year tenors; monthly payment continues for the chosen period or until the death of the last surviving spouse, whichever is earlier.

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✓ 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 typeReverse mortgage with fixed monthly disbursements calculated on a reverse-annuity basis against an eligible self-occupied residential property.View source

The official page describes monthly reverse-annuity payments to supplement day-to-day income.

Source: PNB Baghban — Reverse Mortgage Scheme for Senior Citizens
Page / section: Objective, Purpose and Disbursement/ Tenor Of Loan
Accessed: 30 Aug 2026
Confidence: high

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RateFloating RLLR+BSP+2.75%, presently 10.85% p.a.; fixed ROI 11.85% under the current PNB Baghban rate row.View source

The current table publishes ++2.75% presently 10.85% and fixed 11.85%.

Source: Retail Advances — PNB Baghban rate row
Page / section: PNB Baghban — reverse mortgage rate
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

BenchmarkRLLR + BSP + 2.75% under the current PNB rate table.View source

The official Baghban row expresses the floating rate as ++2.75%.

Source: Retail Advances — PNB Baghban rate row
Page / section: PNB Baghban — reverse mortgage rate
Accessed: 30 Aug 2026
Confidence: high

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APRNot published as a separate APR percentage or calculation for PNB Baghban.View source

The product page and rate table publish but no calculation.

Source: PNB Baghban — complete rate review
Page / section: Rate Of Interest
Accessed: 30 Aug 2026
Confidence: high

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Minimum incomeNot applicable; the reverse-mortgage page qualifies applicants by age, residency, property ownership and title rather than a salary or income floor.View source

The complete eligibility section contains age, residency and property conditions, not an income threshold.

Source: PNB Baghban — Reverse Mortgage Scheme for Senior Citizens
Page / section: Eligibility
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Maximum amountMaximum qualifying loan, including interest, ₹1 crore; a medical-treatment lump sum is permitted up to ₹15 lakh.View source

The official section caps the qualifying amount at ₹100 lakh and medical lump-sum at ₹15 lakh.

Source: PNB Baghban — Reverse Mortgage Scheme for Senior Citizens
Page / section: Qualifying/ Maximum Amount Of Loan/ Margin
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

TenureThe published reverse-annuity chart covers 10 to 20-year tenors; monthly payment continues for the chosen period or until the death of the last surviving spouse, whichever is earlier.View source

The official table lists 10–20-year tenors and monthly amounts per ₹1 lakh.

Source: PNB Baghban — Reverse Mortgage Scheme for Senior Citizens
Page / section: Disbursement/ Tenor Of Loan
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Processing feeHalf a month's loan instalment, capped at ₹15,000; the current charge schedule lists this for reverse mortgage loans.View source

The current schedule publishes half-month instalment with a ₹15,000 maximum.

Source: Services Charges Related to Retail Advances — reverse mortgage
Page / section: Reverse Mortgage Loan
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Prepayment / foreclosureThe borrower may pre-pay at any time during the loan or later; the reviewed official page does not publish a separate rupee prepayment fee.View source

PNB grants a right to pre-pay at any time but does not state a separate fee on the page.

Source: PNB Baghban — Reverse Mortgage Scheme for Senior Citizens
Page / section: Repayment (Maximum) and Prepayment Charges
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Age 60+ for the primary senior citizen; spouse may be 58+ in a joint account
Monthly reverse-annuity payments for 10–20-year tenors or until the last surviving spouse dies
Maximum qualifying loan including interest ₹1 crore
20% property-value margin
Medical lump-sum withdrawals up to ₹15 lakh
Legal heirs may settle the loan six months after the last surviving spouse's death and retain the property
Prepayment can be made at any time

Eligibility

The self-occupied residential property must have clear title in the applicant or joint spouses' names and at least 20 years' residual life. The property is mortgaged to PNB.

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

Documents the bank lists

, age and residency proof
Clear title and valuation papers for the self-occupied home
Spouse/joint-applicant and legal-heir details
Life certificate and reverse-mortgage application

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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.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

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.

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Find the exact published value

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Parameter

Eligibility · Published termResident Indian self-occupied home owner aged 60+; spouse may be 58+ in a joint account

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

Source: PNB Baghban — Reverse Mortgage Scheme for Senior Citizens · Complete scheme terms and linked rate/charge pages Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 8 rows · 2 columnsPNB Baghban — published termsEligibility, amount, reverse-annuity schedule, rate and charges from PNB's official scheme and rate pages.View tableHide table

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PNB Baghban — published terms
Parameter	Published term
Eligibility	Resident Indian self-occupied home owner aged 60+; spouse may be 58+ in a joint account
Property	Clear title, equitable mortgage, minimum 20-year residual life; 20% margin
Loan amount	Up to ₹1 crore including interest; medical lump sum up to ₹15 lakh
Tenor	10–20 years; monthly payments end at chosen tenor or death of last surviving spouse
Monthly chart	₹501, ₹431, ₹373, ₹326, ₹286, ₹251, ₹222, ₹197, ₹175, ₹156 or ₹140 per ₹1 lakh for 10–20 years
Rate	10.85% floating (++2.75%); 11.85% fixed
Charges	Half-month instalment, max ₹15,000; annual property inspection nil
Repayment	Legal heirs may settle six months after last spouse's death; borrower may pre-pay at any time

PNB Baghban — Reverse Mortgage Scheme for Senior Citizens · Complete scheme terms and linked rate/charge pages · accessed 30 Aug 2026Open official source ↗

PNB Baghban Reverse Mortgage

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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