PNB Loan Against Property EMI Calculator

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Lowest EMI on PNB Loan Against Property - Rs. 1,380 per lakh

Last Updated 27th Oct 16
Loan Tenure
Loan Amount (Rs.) 7 years 10 years 10 years
2,500,000 Rs. 42,872 Rs. 34,508 Rs. 34,508
5,000,000 Rs. 85,744 Rs. 69,017 Rs. 69,017
7,500,000 Rs. 128,616 Rs. 103,525 Rs. 103,525
10,000,000 Rs. 171,487 Rs. 138,033 Rs. 138,033

Check PNB Loan Against Property EMI for a loan amount and tenure

PNB Loan Against Property EMI Calculator
  • Loan Against Property EMI (or equated monthly instalment) is a fixed amount of money you pay PNB towards repayment of your property loan every month on a fixed day of the month till your loan is fully paid back.
  • With PNB now offering loan tenure upto 18 years at attractive interest rates starting is 11.05%, your EMI can be as low as Rs. 1380 per Rs. one lakh loan amount.
  • The Loan Against Property EMI comprises of both principal repayment and interest payment. While the EMI amount remains constant, the interest component of keeps reducing and the principal component keeps increasing, except in case of an increase in interest rate on the loan.
Use the above quick and easy tool to easily calculate and compare monthly EMI on PNB Loan Against Property.

Will the PNB Loan Against Property EMI remain constant or change in future? What happens in case of increase or decrease in interest rate?

  • Typically, the Loan Against Property EMI remains unchanged unless the customer requests for a change and the same is approved by PNB subject to its eligibility conditions (note that nominal charges may apply for effecting a customer initiated change in EMI).
  • In case the floating rate of interest on your loan increases, PNB will typically keep the EMI constant but increase the loan tenure. So, you will pay the same EMI but for a longer duration. In case the interest rates increase to an extent that the revised loan tenure is more than the maximum permissible by PNB, the bank may increase your EMI amount.

Will Loan Against Property EMI change in case of prepayment?

  • When you make a prepayment, the outstanding principal amount on your property loan reduces. You may choose to either keep the EMI the same and reduce the loan tenure (enabling you pay off the loan faster) or reduce the EMI and keep the loan tenure unchanged (thus paying lesser amount every month). It is beneficial to keep the EMI constant and reduce the loan tenure as you pay less interest to the bank in this option.
  • Note that PNB may levy prepayment charges except on floating rate property loans sanctioned to individuals.

How does Loan Against Property EMI calculator calculate Loan Against Property EMI?

  • EMI is calculated using a combination of loan amount, loan tenure and interest rate.
  • EMI is calculated on a reducing balance basis and assuming payment of EMI in arrears (that is interest is charged for the month preceding the date of EMI payment on EMI date) and not in advance.
*My Finance Care Advisors Pvt. Ltd., or is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.
Loan Against Property @ 10.60%* Cashback Upto Rs. 5,000

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PNB Loan Against Property EMI Calculator News - Oct 2016
27th Oct 16 Punjab National Bank reduces lending rates by 0.05 percent from November 1st, 2016
Punjab National bank has reduced their Marginal Cost Lending Rates (MCLR) by 0.05 percent. The one year MCLR has reduced to 9.25 percent. The three and five year MCLR has reduced to 9.40 percent and 9.55 percent. Similarly, the overnight and three months MCLR has reduced to 9 percent and 9.15 percent. These rates will be effective from 1st November, 2016.
17th Sep 16 Haryana Government to provide housing, vehicle loan at cheaper rates in collaboration with PNB
Haryana Government has announced that its state employees will be able to avail home loan, vehicle loan and personal loan at interest rate of 8.1 percent through the Punjab National Bank (PNB). The difference between the agreed rate of the bank and the interest rate charged by the Government on various loans will be born by the government. The bank will open an premier branch either in Chandigarh or Panchkula for the purpose of providing these loans to the employees at the earliest.
01st Aug 16 PNB makes locker visiting facility free
Punjab National Bank is providing free locker visiting facility to its customers. Now customers can make any number of locker visits in a year without paying any extra charges. Earlier customer had to pay Rs. 50 per visit after completing 12 free locker visits. This facility has come in effect from 1st August, 2016.
31st Jul 16 PNB reduced MCLR by 0.05% from 1st August, 2016
Punjab National bank (PNB) has reduced its Marginal Cost Lending Rate (MCLR) by 5 basis points (bps) across maturities. The 1 year MCLR has been reduced to to 9.35 percent, from the current rate of 9.4 percent. The 3 month and 6 month MCLR has been reduced to 9.25 percent and 9.3 percent respectively. Similarly the Overnight and 1 month MCLR has been reduced to 9.1 percent and 9.15 percent. These changes will be effective from 1st August, 2016. If you are borrower of Punjab National Bank and have taken loan after 1st April 2016, the reduction in loan rates should reduce your interest burden. Whereas if you have taken loan at fixed interest rate then you will not be able to benefit from rate cut.
28th Jul 16 PNB Q1 profit drops by 57%; NPA nearly 14%, slippages at Rs 7533 crore
As per the results of Q1FY17, Punjab National Bank reported a decline of 57.5 per cent in its Net Profit from Rs 306.4 crore of Net Profits reported a year ago. The Net Interest Income, declined by 9.8 percent to Rs 3,699 and operating profit grew only by 4.5 percent, reported at Rs 3274.62 crore as on June 2016. on a yearly basis. The increase in operating profit is attributable to a significant growth in Other income reported at 2,355 crore with a growth of 68.5 percent Provisions for bad loans showed a growth of 51.2 percent to Rs 2,738.4 crore in the June quarter when compared on on a yoy basis. However, the provisions have declined sharply by by 74 percent compared to the previous quarter . Asset Quality showed signs of deterioration during the current quarter as Gross NPA increased by 85 basis points to 13.75 percent and Net NPAs increased by 55 basis points at 9.16 percent.