Punjab National Bank Loan Against Property interest rates · November 2026
Your loan against property at PNB.
Choose a scheme. Understand the rate. Explore your repayment.
What would I pay each month?
See scheme conditions Scheme selected for illustration. Check eligibility with the bank.
At 9.20%, you repay ₹55.41 lakh: ₹30 lakh borrowed and ₹25.41 lakh interest.
In the first 7 years, most of each EMI is interest. From year 8, most of it repays the loan.
Every 0.25% off the rate saves about ₹447 a month. Worth asking for.
Range estimate, not your approved offer. Excludes fees. Assumes the rate stays unchanged.
Scheme conditions & source
Understand this scheme
- Published rate
- 9.20% p.a.
- Rate type
- Floating
- Pricing published as
- RLLR + 0.85% + BSP
- Benchmark
- RLLR today: 8.35%
- Who it's for
- Credit score 801 and above
What still needs confirming
- Your eligible rate and the scheme's conditions
- Processing fees and other charges
- How often the rate resets, and to what
Effective date not stated · checked 15 Nov 2026
Compare PNB's loan against property schemes
Different schemes have different conditions. Starting rates are not personalised quotes.
| Scheme | Published rate | EMI range* | Choose |
|---|---|---|---|
| PNB myProperty (property above 200% of loan)8 borrower bands | 9.20%–12.00% | ₹30,786–₹36,005 | Selected |
| PNB myProperty (security up to 200% of loan)8 borrower bandsOffer until 31 Dec 2026 | 9.40%–12.20% | ₹31,146–₹36,392 |
*₹30 lakh over 15 years, before fees. Scheme names follow the bank's published wording.
Every loan against property rate PNB publishes
16 rates across 2 schemes, by who each is for. Answer “About you” to see which apply to you.
| Scheme and band | Who it's for | Rate | EMI* | Use |
|---|---|---|---|---|
| PNB myProperty (property above 200% of loan)Above 800 · TL | Credit score 801 and above | 9.20% | ₹30,786 | |
| PNB myProperty (property above 200% of loan)Above 800 · OD | Credit score 801 and above | 9.70% | ₹31,690 | |
| PNB myProperty (property above 200% of loan)CIC Score 750 & upto 799 · TL | Credit score 750–799 | 9.45% | ₹31,236 | |
| PNB myProperty (property above 200% of loan)CIC Score 750 & upto 799 · OD | Credit score 750–799 | 9.95% | ₹32,146 | |
| PNB myProperty (property above 200% of loan)CIC Score 700 and up to 749 · TL | Credit score 700–749 | 10.00% | ₹32,238 | |
| PNB myProperty (property above 200% of loan)CIC Score 700 and up to 749 · OD | Credit score 700–749 | 10.50% | ₹33,162 | |
| PNB myProperty (property above 200% of loan)681-699 · TL | Credit score 681–699 | 11.50% | ₹35,046 | |
| PNB myProperty (property above 200% of loan)681-699 · OD | Credit score 681–699 | 12.00% | ₹36,005 | |
| PNB myProperty (security up to 200% of loan)Above 800 · TL | Credit score 801 and above | 9.40% | ₹31,146 | |
| PNB myProperty (security up to 200% of loan)Above 800 · OD | Credit score 801 and above | 9.90% | ₹32,055 | |
| PNB myProperty (security up to 200% of loan)CIC Score 750 & & upto 799 · TL | Credit score up to 799 | 9.65% | ₹31,599 | |
| PNB myProperty (security up to 200% of loan)CIC Score 750 & & upto 799 · OD | Credit score up to 799 | 10.15% | ₹32,514 | |
| PNB myProperty (security up to 200% of loan)CIC Score 700 and up to 749 · TL | Credit score 700–749 | 10.20% | ₹32,606 | |
| PNB myProperty (security up to 200% of loan)CIC Score 700 and up to 749 · OD | Credit score 700–749 | 10.70% | ₹33,535 | |
| PNB myProperty (security up to 200% of loan)681-699 · TL | Credit score 681–699 | 11.70% | ₹35,428 | |
| PNB myProperty (security up to 200% of loan)681-699 · OD | Credit score 681–699 | 12.20% | ₹36,392 |
*₹30 lakh over 15 years, before fees. Band names are the bank's own; “who it's for” is what they state.
How PNB compares
Each bank's lowest published rate, and what the same loan would cost a month there. Before charges.
Loan against property · EMI on ₹30 lakh over 15 years
The rates PNB's loans are linked to
A floating loan's rate is one of these plus a spread fixed when you borrow. When it moves, your EMI or your term moves at the next reset.
MCLR by reset period · from 1 Nov 2026
| Reset period | Compared | MCLR |
|---|---|---|
| Overnight | 8.10% | |
| 1 month | 8.35% | |
| 3 months | 8.60% | |
| 6 months | 8.75% | |
| 1 year | 8.90% | |
| 3 years | 9.20% |
A loan on MCLR resets at the end of its period, most often one year, to the MCLR then plus its spread. If yours is still on MCLR, you can ask to move it to the repo-linked rate.
| Older benchmark | Rate | Effective from |
|---|---|---|
| Base rate | 9.50% | 1 Jul 2026 |
| Benchmark prime lending rate (BPLR) | 14.00% | 1 May 2012 |
Loans taken before April 2016 may still be linked to these.
Official Checked 15 Nov 2026 · Bank's own page
PNB loan against property: questions borrowers ask
Which PNB loan against property scheme has the lowest rate?
PNB myProperty (property above 200% of loan), from 9.20% a year (priced as RLLR + 0.85% + BSP). Punjab National Bank publishes 2 loan against property schemes we read; each has its own conditions, so check which you qualify for.
What is the PNB loan against property interest rate?
As of 15 Nov 2026, Punjab National Bank publishes loan against property rates of 9.20% to 12.20% a year (floating). The lowest, 9.20%, is for: Above 800 · TL. The rate you are offered depends on your credit score, income and the loan amount.
What is the EMI on a ₹30 lakh loan against property from PNB?
At PNB's lowest published rate of 9.20%, a ₹30 lakh loan against property over 15 years costs about ₹30,786 a month, or ₹25,41,472 in interest over the loan. Charges and insurance are extra.
Are PNB loans linked to the repo rate?
Punjab National Bank's repo-linked lending rate (RLLR) is 8.35% from 8 Oct 2026. Floating retail loans are priced from it, plus a spread fixed when you borrow.
What is PNB's MCLR?
Punjab National Bank's 1-year MCLR is 8.90%, effective 1 Nov 2026. Loans taken between 2016 and 2019 and many business loans are linked to it.
Is PNB cheaper than other banks for a loan against property?
Of the 6 banks we read for loan against propertys, PNB's lowest published rate (9.20%) ranks number 4; the lowest is 8.90% at BoB. Compare the charges as well as the rate.
Does RateScan get paid by PNB?
No. We take no referral fees, show no ads and don't take loan applications. Every figure is read from the bank's own page, which is linked from every scheme.
More from PNB
Other banks
How we collect loan rates
From the bank's own pages. Every figure is read from the lending-rate page the bank publishes, and links back to it. Benchmarks are re-read every day.
A published rate is not an offer. Banks set your rate from your credit score, income, the loan amount and the property or vehicle. We show the range the bank publishes; "7.60% onwards" means the bank gave no top figure.
Benchmark plus spread. A floating loan's rate is the bank's benchmark (its repo-linked rate, or MCLR for older loans) plus a spread fixed when you borrow. When the benchmark moves, your rate moves with it at the next reset.
The EMI is worked out on a reducing balance with monthly instalments: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where r is the yearly rate ÷ 12 and n the number of months. It leaves out processing charges and insurance.
No referral fees. We don't take loan applications or get paid by lenders, so the order is the order.
Independent. No referral fees. Official sources.
Have feedback?
Tell us what would make RateScan.in more useful. No email required.