Personal, home, vehicle & other loans

PNB Personal Loan for 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.

LIC employee floating/fixed ratesPNB salary-account route: RLLR+BSP, printed as 8.10% floating / 9.10% fixed on 7 October 2026. Other salary-account route: RLLR+BSP+0.50 percentage points, printed as 8.60% floating / 9.60% fixed. The printed all-in values predate the 8 October RLLR revision and are not recomputed.Maximum amountUp to 24× gross monthly salary, capped at ₹20 lakh, subject to repayment capacity.TenureRemaining period of service or maximum 72 EMIs, whichever is earlier.

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✓ Manually checked 8 Oct 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 typePersonal loan for all types of personal needs to confirmed/permanent LIC employees.View source

PNB states the purpose is to meet all types of personal needs.

Source: Personal Loan Scheme for Employees
Page / section: Purpose
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

The table prints each salary-route formula and then-current all-in rate; no repricing is inferred after the next day's revision.

Source: PNB Retail Advances — employee personal-loan rows
Page / section: Section 9, Personal Loan Scheme to Employees
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

LIC employee rate benchmarkPNB salary-account route: RLLR+BSP. Other salary-account route: RLLR+BSP+0.50 percentage points. PNB RLLR is 8.35% effective 8 October 2026; BSP is not published in this product row.Effective 8 Oct 2026View source

Current is reported as the benchmark only; the unknown is not estimated.

Source: PNB employee rate rows and current PNB
Page / section: Section 9 and effective 8 October 2026
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Maximum amountUp to 24× gross monthly salary, capped at ₹20 lakh, subject to repayment capacity.View source

PNB publishes the 24-times salary formula and ₹20 lakh cap.

Source: Personal Loan Scheme for Employees
Page / section: Quantum of Finance
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

TenureRemaining period of service or maximum 72 EMIs, whichever is earlier.View source

The official page publishes the remaining-service or 72- maximum.

Source: Personal Loan Scheme for Employees
Page / section: Repayment (Maximum)
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Processing and documentation chargesNil processing/upfront and nil documentation charges.View source

The employee scheme page states that processing/upfront and documentation charges are nil.

Source: PNB Personal Loan Scheme for Employees
Page / section: Processing Charges
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Prepayment / foreclosureNil.View source

The official page states prepayment charges are nil.

Source: Personal Loan Scheme for Employees
Page / section: Prepayment Charges
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Up to 24× gross monthly salary, maximum ₹20 lakh
Minimum one year confirmed/permanent service
Nil margin, processing/upfront and documentation charges
Nil prepayment charge
Repayment within remaining service or up to 72
No security where salary above ₹75,000/month was credited for the last three months; otherwise third-party guarantee

Eligibility

The official scheme is for confirmed/permanent employees with at least one year of service. Salary-account and non-salary-account borrowers receive different rate spreads.

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

Documents the bank lists

employment and service proof
Salary slips/bank statements and
Third-party guarantee where the salary-credit condition for nil security is not met

Try the numbers

Private, instant and based on the values you enter.

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

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.

Salary-credit routeChoose column

Salary credited through PNB · Floating formula and printed rate+ (8.10% printed 7 Oct 2026)

This value is copied from PNB Personal Loan for Employees — rate by salary-account route. Check the table notes before relying on it.

Source: PNB Retail Advances — Personal Loan Scheme to Employees · Section 9; page dated 7 October 2026 Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 2 rows · 3 columnsPNB Personal Loan for LIC Employees — rate by salary-account routeView tableHide table

Scroll sideways to view every column

PNB Personal Loan for LIC Employees — rate by salary-account route
Salary-credit route	Floating formula and printed rate	Fixed rate
Salary credited through PNB	+ (8.10% printed 7 Oct 2026)	9.10% printed 7 Oct 2026
Salary not credited through PNB	++0.50 pp (8.60% printed 7 Oct 2026)	9.60% printed 7 Oct 2026

PNB Retail Advances — Personal Loan Scheme to Employees · Section 9; page dated 7 October 2026 · accessed 8 Oct 2026Open official source ↗

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PNB Personal Loan for LIC Employees

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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