IndiaBanks.org · independent research

Personal, home, vehicle & other loans

PNB Pride Car Loan

PNB's concessional car-loan scheme for government employees, defence and paramilitary personnel and government pensioners.

RateCurrent table: PNB Pride new-car rates are 8.65% p.a. for non-e-vehicle and 8.60% p.a. for e-vehicle in the listed fixed/PNB Pride row; floating rate is shown as RLLR+BSP-0.45% (7.65%) and RLLR+BSP-0.50% (7.60%).Maximum amountAs per PNB Car Loan for Public; the Pride page delegates quantum of finance to that scheme and does not publish a separate cap.TenureAs per PNB Car Loan for Public; no separate Pride repayment period is stated on the reviewed page.
Official product page ↗Compare category

Quick eligibility check

PNB Pride Car Loan

0 of 4 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: Not separately published?

Published source: Minimum income

2Does your annual income meet this requirement: income criteria follow PNB Car Loan for Public?

Published source: Minimum income

3Do you meet this requirement: The Pride page instead qualifies borrowers by government employment or pension status?

Published source: Minimum income

4Are you this type of customer: The official page limits eligibility to Central/State Government employees, Defence personnel, Para Military Forces and Central/State Government pensioners?

0 of 4 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 typeCar loan under PNB's public car-financing scheme for government employees and pensioners.View source
The page adopts the purpose, quantum, margin, security and repayment terms of PNB's public car-loan scheme.
Source
PNB Pride Car Loan
Page / section
Purpose
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateCurrent table: PNB Pride new-car rates are 8.65% p.a. for non-e-vehicle and 8.60% p.a. for e-vehicle in the listed fixed/PNB Pride row; floating rate is shown as RLLR+BSP-0.45% (7.65%) and RLLR+BSP-0.50% (7.60%).View source
The current PNB rate sheet identifies the PNB Pride row and publishes floating and fixed rates by vehicle type.
Source
PNB Retail Advances Interest Rates
Page / section
2.1 CAR LOAN (New Car)
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRLLR + BSP for the floating option; fixed percentage rates are listed separately.View source
The rate sheet expresses floating PNB Pride pricing as + minus a concession.
Source
PNB Retail Advances Interest Rates
Page / section
2.1 CAR LOAN (New Car)
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR percentage or calculation.View source
The product page and rate sheet publish but no calculation.
Source
PNB Pride review
Page / section
Rate of interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNot separately published; income criteria follow PNB Car Loan for Public. The Pride page instead qualifies borrowers by government employment or pension status.View source
The page links income criteria to the public car-loan scheme and publishes no separate numeric threshold.
Source
PNB Pride income review
Page / section
Income Criteria
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountAs per PNB Car Loan for Public; the Pride page delegates quantum of finance to that scheme and does not publish a separate cap.View source
PNB links the quantum section to its public car-loan scheme rather than stating a separate Pride cap.
Source
PNB Pride quantum review
Page / section
Quantum of Finance
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureAs per PNB Car Loan for Public; no separate Pride repayment period is stated on the reviewed page.View source
The Pride page delegates maximum repayment to PNB Car Loan for Public.
Source
PNB Pride tenure review
Page / section
Repayment (Maximum)
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil upfront/processing fee and nil documentation charges for PNB Pride.View source
PNB states full waiver of upfront/processing fees and documentation charges for the Pride scheme.
Source
PNB Pride Car Loan
Page / section
Objective and Processing Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureAs per PNB Car Loan for Public; no separate Pride amount is stated on the reviewed page.View source
The Pride page links prepayment charges to the public car-loan scheme.
Source
PNB Pride prepayment review
Page / section
Prepayment Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Concessional rate irrespective of score
  • Full waiver of upfront/processing and documentation fees
  • Purpose, margin, security and repayment follow PNB's public car-loan scheme
  • Current new-car floating rate table shows 8.65% for PNB Pride; fixed 8.65%/8.60% rows vary by vehicle type and rate option
  • Prepayment follows the public car-loan scheme

Eligibility

  • The official page limits eligibility to Central/State Government employees, Defence personnel, Para Military Forces and Central/State Government pensioners.

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

Documents the bank lists

  • Government employment or pension proof
  • Car quotation, and documents required under PNB Car Loan for Public

Related official documents

PNB Car Financing Scheme for Government Employees (PNB Pride)official-product-page · current · accessed 30 Aug 2026
↗
PNB Service Charges Related to Retail Advancesofficial-charge-schedule · current · accessed 30 Aug 2026
↗
PNB Retail Advances Interest Ratesofficial-rate-sheet · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

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.

Eligible borrowers · Published termCentral/State Government employees, Defence/Para Military personnel and Central/State Government pensioners

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

Source: PNB Pride Car Loan · Complete product page and linked schedules 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 Pride Car Loan — published termsGovernment-employee eligibility, concession and linked public-scheme terms.View tableHide table

Scroll sideways to view every column

PNB Pride Car Loan — published terms
ParameterPublished term
Eligible borrowersCentral/State Government employees, Defence/Para Military personnel and Central/State Government pensioners
ObjectiveConcessional interest irrespective of score
RateCurrent new-car table: floating 7.65% non-e-vehicle / 7.60% e-vehicle; fixed 8.65% / 8.60%
FeesFull waiver of upfront/processing and documentation fees
Quantum, margin, security, tenureAs per PNB Car Loan for Public
PrepaymentAs per PNB Car Loan for Public
PNB Pride Car Loan · Complete product page and linked schedules · accessed 30 Aug 2026Open official source ↗

More from Punjab National Bank

Related products

PNB e-OD Against Fixed Deposit

An overdraft credit line against one eligible PNB fixed deposit, available digitally from ₹25,000 up to ₹50 lakh with a rate one percentage point above the linked deposit rate.

View product

PNB Personal Loan for LIC 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.

View product

PNB PMAY-U 2.0 Home Loan

Home finance aligned to 2.0 Interest Subsidy Scheme, with up to ₹25 lakh finance and up to ₹1.80 lakh interest subsidy for eligible households.

View product

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.

View product