Calculate your PNB home loan EMI.
Use this calculator with PNB's typical rate range. See your EMI, the principal-versus-interest split, and the tax-adjusted effective cost. Independent of PNB — we don't sell loans or pass your details to anyone.
What this loan really looks like
The lifetime split is only part of the story. These show how the principal/interest mix shifts year by year, how slowly the balance falls, and the month your payment finally tips toward principal.
About Punjab National Bank home loans
PNB is one of India's largest public sector banks with extensive home loan products. Floating rates are EBLR-linked. PNB is often competitive for salaried government employees and offers concessional rates to specific borrower categories.
PNB home loan at a glance
| Typical rate range | 8.50% to 10.10% |
|---|---|
| Maximum tenure | 30 years |
| Maximum loan amount | up to ₹15 crore based on income; LTV up to 90% for loans below ₹30 lakh |
| Eligibility (age) | salaried minimum age 21, maximum age at loan maturity 70; pensioners and self-employed also eligible |
| Processing fee | 0.35% of loan amount (minimum ₹2,500, maximum ₹15,000) + GST |
PNB home loan highlights
- Special rate concession for women borrowers (typically 0.05%)
- PNB Pride Housing Loan for government and defense employees
- No prepayment penalty on floating-rate loans (RBI mandated)
- PNB Max Saver scheme — overdraft-linked home loan reduces interest cost
- Joint application with family members for higher loan eligibility
Disclaimer: indiaemi.com is not affiliated with Punjab National Bank. The rate ranges, eligibility criteria, and other figures shown here are based on publicly available information and may change without notice. Always confirm current rates and terms directly with PNB before making any loan decision.
Tax benefits apply equally — regardless of which bank
The Income Tax Act sections (24(b) and 80C) apply to all home loans from approved Indian banks and housing finance companies, under the old regime. (Section 80EEA is closed — it covered only loans sanctioned between 1 April 2019 and 31 March 2022.) — PNB loans are no exception. The calculator above incorporates these benefits automatically. For more on home loan tax benefits, see our how EMI works and glossary pages.
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Sources & standards
Every regulated figure on this page, what it is, and the primary source it comes from. Two Acts are live: the Income-tax Act, 1961 governs FY 2025-26 — the return being filed now — while the Income-tax Act, 2025 governs FY 2026-27 onward. The amounts are unchanged; only the section numbers moved.
| What | Current value | Source | Verified |
|---|---|---|---|
| Interest deduction cap — self-occupied property | ₹2,00,000/yr | Income-tax Act, 1961 — s.24(b) (FY 2025-26 & earlier) Income-tax Act, 2025 — s.22(1)(b) & (c); cap in s.22(2) (in force 1 Apr 2026) | 2026-07 |
| Principal repayment deduction cap (shared with EPF, PPF, ELSS, insurance) | ₹1,50,000/yr | Income-tax Act, 1961 — s.80C (FY 2025-26 & earlier) Income-tax Act, 2025 — s.123, read with Schedule XV (in force 1 Apr 2026) | 2026-07 |
| Additional interest deduction — first-time buyers (CLOSED) closed | ₹1,50,000/yr window 2019-04-01 → 2022-03-31 | Income-tax Act, 1961 — s.80EEA (FY 2025-26 & earlier) Income-tax Act, 2025 — s.131 (in force 1 Apr 2026) | 2026-07 |
| Optional regime — retains deductions at higher slab rates | std deduction ₹50,000 4 slabs, top rate 30% | 2026-07 | |
| Loan-to-Value ceilings — individual housing loans | 90% — up to ₹30,00,000 80% — up to ₹75,00,000 75% — above ₹75,00,000 | RBI (Commercial Banks — Credit Facilities) Directions, 2025, para 111 | 2026-07 |
| Prepayment / foreclosure charges — floating-rate loans | nil on floating effective 2026-01-01 | RBI (Pre-payment Charges on Loans) Directions, 2025 | 2026-07 |
| RBI policy repo rate and typical home-loan EBLR spread | repo 5.25% EBLR spread 2.25–3.5% | RBI Monetary Policy Committee | 2026-07 |
Not tax or legal advice. See every standard this site uses →