20,00,000 people visited this section in last 30 daysApply Online

Get Cashback of Upto ₹ 1,000* on Home Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

PNB Housing Finance Home Loan Eligibility Calculator

PNB Housing Finance Home Loan Eligibility in India 2021

Last Updated 09th Jul 2021

Eligibility CriteriaPNB Housing Finance Home Loan
Eligible Age of Borrower21 - 70 years
Minimum Eligible Income ₹ 20,000 and above
  • PNB Housing Finance home loan eligibility is dependent on factors like your age, income, property value and repayment capacity.
  • PNB Housing Finance calculates the amount of home loan you are eligible for using a formula that includes your net take home salary, the EMIs you have to pay and the value of property.
  • You can increase your eligibility to get a housing loan from PNB Housing Finance by adding earning family members as co-applicants or by applying for a longer tenure loan.
Home Loan Eligibility Calculator

PNB Housing Finance Home Loan Eligibility

PNB Housing Finance offers various home loan schemes and offers at affordable rates to eligible customers whether salaried or self-employed. PNB Housing Finance housing loan eligibility is based on factors like age, salary, occupation, property type and credit score. Detailed information on these factors is mentioned in the further sections.

PNB Housing Finance Home Loan Eligibility based on Age

  • Age: Your age plays an important role in determining your eligibility and repayment capacity for home loan. Lower your age, higher will be the time period available to repay the loan, and hence higher home loan amount eligibility. The minimum age limit to get PNB Housing Finance home loan is 21 years at the time of loan commencement and maximum age limit is 70 years. PNB Housing Finance offers home loans for a maximum period of 30 Years subject to the condition that the borrower’s age at the end of the tenure must not exceed 70 of tenure.

PNB Housing Finance Home Loan Eligibility based on Salary

  • Net income: Your net monthly income determines how much PNB Housing Finance home loan EMI you are capable of paying after meeting all the living expenses based on your standard of living. For instance, if your salary is ₹ 25,000 then at interest rate of 6.75% offered by PNB Housing Finance, the loan amount that you will be eligible for would be ₹ 40,80,627 to ₹ 47,17,172 depending on your age. Similarly, if your salary is ₹ 75,000, you might get eligible for a loan amount of ₹ 81,61,255 to ₹ 94,34,344 for the same property at the same rate depending on your age at the time of loan application. However, PNB Housing Finance asks for a net monthly income of ₹ 20,000 to avail a home loan.
Age Net Monthly Income (₹)
25,000 50,000 75,000
25 years47.17 Lakh70.76 Lakh94.34 Lakh
30 years47.17 Lakh70.76 Lakh94.34 Lakh
35 years47.17 Lakh70.76 Lakh94.34 Lakh
40 years47.17 Lakh70.76 Lakh94.34 Lakh
45 years44.57 Lakh66.85 Lakh89.13 Lakh
50 years40.81 Lakh61.21 Lakh81.61 Lakh

You may consider repaying any loans with short tenure and high EMI in order to increase your PNB Housing Finance home loan eligibility.

  • Nature of employment: PNB Housing Finance will check whether you are salaried or self-employed and the company and sector in which you are working. It also looks at your years of experience to check for job and income stability. PNB Housing Finance requires minimum income history and job stability of more than 0 years for salaried individuals and of 0 years for self-employed individuals.

Home Loan Eligibility PNB Housing Finance based on Value of Property

  • Value of property: PNB Housing Finance does not finance the entire property value. The maximum home loan eligibility would depend upon the value of the property as shown below:
Property Value LTV
Less than 30 Lakh90%
Between 30 Lakh and 75 Lakh80%
Above 75 Lakh75%
  • Property documents: Your property’s legal documents should be satisfactory and be cleared by the PNB Housing Finance's legal team.

The housing loan eligibility calculator of PNB Housing Finance can be a useful tool to assess your eligibility for the loan.

Minimum CIBIL Score for PNB Housing Finance Home Loan

  • CIBIL Score: PNB Housing Finance considers credit score as a barometer to gauge your past credit behaviour and hence, CIBIL score becomes the most important factor to define your eligibility to get a home loan. Higher credit score increases your chances to get loan approval from PNB Housing Finance However, low CIBIL score reduces your chances to get a home loan. PNB Housing Finance requires a minimum credit score of 650 to be eligible for a home loan.

PNB Housing Finance Housing Loan Eligibility Calculator based on FOIR

FOIR (Fixed Obligation to Income Ratio) is an important parameter used by PNB Housing Finance to determine your home loan eligibility. PNB Housing Finance considers all your fixed obligations like current EMIs into account while estimating your eligibility. Minimum FOIR required to be eligible for PNB Housing Finance home loan is 0.65. Calculate your eligibility with PNB Housing Finance home loan calculator and apply for eligible loan amount hassle free.

PNB Housing Finance Home Loan for Women Eligibility

PNB Housing Finance offers the same rates to women borrowers starting at 6.75% with similar eligibility criteria for home loan. In case of a joint home loan, the woman borrower also needs to be the co-owner of the property and should have a good credit history to get the joint home loan application passed for concessional rates.

How can I Check my PNB Housing Finance Home Loan Eligibility ?

To check PNB Housing Finance home loan eligibility perform the following steps:-

  • Go to the PNB Housing Finance website
  • Now navigate to the option PNB Housing Finance home loan
  • To check eligibility criteria use a home loan eligibility calculator.
  • Fill the required details like loan amount required, salary, age etc.

Also you can contact the bank by calling on their customer care number .

Other Loan Calculators


What is the criteria to get PNB Housing Finance home loan?

The basic criteria to get a home loan from PNB Housing Finance are as following:

Age21 - 70 years
Income ₹ 20,000
Income3 years for salaried, 5 years for self-employed
Credit score650 and above

How much home loan can I get on my salary from PNB Housing Finance?

The amount for which you are eligible is calculated based on the FOIR and LTV. The higher your income, and the least is your fixed obligations (mostly ongoing EMIs), the higher will be your eligibility for a home loan.

What is the minimum salary to get home loan from PNB Housing Finance?

The minimum salary required to avail home loan from PNB Housing Finance is ₹ 20,000.for salaried borrowers. The income criteria for self employed professionals or businessmen may vary in PNB Housing Finance.

Is PNB Housing Finance good for home loan?

The lowest interest rate provided by PNB Housing Finance is 7.35% which is a best rate in the market. There are no prepayment charges on floating rate based home loan. Hence, you can consider this as a good option for housing loan.

Does adding a co-applicant increase housing loan eligibility?

Yes, adding a co-applicant with an independent income source increases housing loan eligibility significantly. By doing so you will be able to get a higher loan amount and also both of you can save on taxes under Income Tax Act.

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 7.35%. Cashback of up to ₹ 1,000.

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000 .

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.50% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 9.50%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
PNB Housing Finance Home Loan News - Jul 2021
  • 2021-07-09 : PNB Asks PNB Housing Finance To Restructure Fundraising Plan
    Government-owned Punjab National Bank has written to PNB Housing Finance Ltd, asking it to consider restructuring the Rs 4,000-crore fundraising plan which involves Home Loan and Loan Against Property. The fundraising plan announced on May 31, would have pruned PNB stake in the housing finance company to around 20% from 32.6% currently and raised the shareholding of private equity firm Carlyle to over 50%.
  • 2021-04-30 : PNB Housing Finance posted ₹127-cr net profit in Q4
    PNB Housing Finance reported a consolidated net profit of Rs 127 crore in Q4 backed by retail loans like home, personal, LAP, two-wheeler, car, education and doctor loan along with deposits which include fixed and recurring deposits. Total income during January-March was down at Rs 1,834 crore from Rs 1,952 crore in the same period of 2019-20. Interest income dropped over 7% at Rs 1,670 crore during the quarter as against Rs 1,803 crore a year earlier.
  • 2021-03-01 : PNBHFL cut its home loan rates to 7.35%
    PNBHFL reduced its home loan rates to 7.35%. The revised rates for home loan will be effective from 25th February 2021.
  • 2020-07-31 : PNB Housing Finance introduced online application and verification platform
    PNB Housing Finance launched Ace - an innovative digital customer onboarding platform. The move is aimed at facilitating easier, safer approval and disbursal of home loans with a minimal physical interface.
  • 2020-06-08 : PNB Housing revised its home loan rates
    PNB Housing revised its home loan rates. The new home loan rates lie between 8.60% to 9.25%. The revised rates are in effect from 1 June 2020.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Please wait while your information is being processed...