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PNB 2.0 Home Loan

Home finance aligned to 2.0 Interest Subsidy Scheme, with up to ₹25 lakh finance and up to ₹1.80 lakh interest subsidy for eligible households.

RateApplicable PNB home-loan rate; the PMAY-U 2.0 page does not publish a separate ROI. Eligible beneficiaries receive a 4% interest subsidy on the first ₹8 lakh, subject to scheme limits.Maximum amountUp to ₹25 lakh, subject to LTV and repayment capacity; eligible property value for subsidy is up to ₹35 lakh.TenureUp to age 70 or 30 years including moratorium, whichever is earlier; minimum five years is required to receive the subsidy.
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Quick eligibility check

PNB 2.0 Home Loan

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Income ceilings: EWS up to ₹3 lakh annual household income?

Published source: Minimum income

2Do you meet this requirement: LIG above ₹3 lakh up to ₹6 lakh?

Published source: Minimum income

3Do you meet this requirement: MIG above ₹6 lakh up to ₹9 lakh?

Published source: Minimum income

4Do you meet this requirement: Beneficiary family includes husband, wife and unmarried children?

5Do you meet this requirement: The family must not own a pucca house anywhere in India and must not have received a government housing allotment in the previous 20 years?

6Document checkDo you have this required document or proof: Aadhaar/Aadhaar Virtual ID for eligible beneficiaries?

Published source: Minimum income

7Document checkDo you have this required document or proof: Income and no-pucca-house undertaking?

Published source: Minimum income

8Document checkDo you have this required document or proof: Property, KYC and loan documents?

Published source: Minimum income
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byPunjab National Bank

Urban areas in 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 typeHome loan for purchase, re-purchase or construction of a house under PMAY-U 2.0 Interest Subsidy Scheme.View source
PNB describes 2.0's Interest Subsidy Scheme for eligible urban families purchasing or constructing houses.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Scope
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateApplicable PNB home-loan rate; the PMAY-U 2.0 page does not publish a separate ROI. Eligible beneficiaries receive a 4% interest subsidy on the first ₹8 lakh, subject to scheme limits.View source
The page publishes the 4% subsidy formula but no separate PNB lending .
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Subsidy
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Current RLLR benchmarkPNB RLLR is 8.35% effective 8 October 2026. The PMAY-U 2.0 page does not publish a product-specific spread or final borrower rate.Effective 8 Oct 2026View source
is a bank-wide benchmark, not this scheme's all-in rate. The individual scheme page does not publish a numeric spread.
Source
PNB Interest Rates on Advances — current and benchmarks
Page / section
table, revised effective 8 October 2026; 2.0 page rate and subsidy sections
Accessed
8 Oct 2026
Confidence
high
Open official source ↗
Minimum incomeIncome ceilings: EWS up to ₹3 lakh annual household income; LIG above ₹3 lakh up to ₹6 lakh; MIG above ₹6 lakh up to ₹9 lakh.View source
PNB defines , and by the published annual household income bands.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Income Groups
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to ₹25 lakh, subject to LTV and repayment capacity; eligible property value for subsidy is up to ₹35 lakh.View source
PNB publishes a ₹25 lakh maximum loan and ₹35 lakh property-value cap for the subsidy component.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Quantum of Finance and Subsidy
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureUp to age 70 or 30 years including moratorium, whichever is earlier; minimum five years is required to receive the subsidy.View source
The 2.0 page publishes the 30-year/age-70 limit and a five-year minimum for subsidy.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Repayment Period
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum loan ₹25 lakh, subject to and repayment capacity
  • // annual income ceilings of ₹3 lakh/₹6 lakh/₹9 lakh
  • Interest subsidy 4% on the first ₹8 lakh, maximum release ₹1.80 lakh
  • 15% margin for loans up to ₹25 lakh
  • Repayment up to age 70 or 30 years, whichever is earlier

Eligibility

  • Beneficiary family includes husband, wife and unmarried children. The family must not own a pucca house anywhere in India and must not have received a government housing allotment in the previous 20 years. Houses generally must include the female head or wife in the title, subject to the scheme exceptions.

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

Documents the bank lists

  • Aadhaar/Aadhaar Virtual for eligible beneficiaries
  • Income and no-pucca-house undertaking
  • Property, and loan documents

Related official documents

PNB Interest Rates on Advances — current MCLR and RLLR benchmarksofficial-bank-rate-page · reused-current-benchmark-reviewed-2026-10-08 · accessed 8 Oct 2026
↗
PNB PMAY-U 2.0 Home Loanofficial-product-page · current · accessed 12 Sept 2026
↗
Pradhan Mantri Awas Yojana — Urban 2.0official-product-page · current · accessed 30 Aug 2026
↗
PNB Interest Rates on Advances — current MCLR/RLLR scheduleofficial-rate-table · current · accessed 12 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

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

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.

Income groups · Published term up to ₹3 lakh; above ₹3 lakh to ₹6 lakh; above ₹6 lakh to ₹9 lakh annual household income

This value is copied from PNB 2.0 — published terms. Check the table notes before relying on it.

Source: Pradhan Mantri Awas Yojana — Urban 2.0 · Complete scheme page Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 7 rows · 2 columnsPNB PMAY-U 2.0 — published termsIncome groups, subsidy, loan limits, margin and repayment from PNB's official page.View tableHide table

Scroll sideways to view every column

PNB PMAY-U 2.0 — published terms
ParameterPublished term
Income groups up to ₹3 lakh; above ₹3 lakh to ₹6 lakh; above ₹6 lakh to ₹9 lakh annual household income
EligibilityUrban beneficiary family without a pucca house anywhere in India; Aadhaar/Aadhaar Virtual required
Loan amountUp to ₹25 lakh; subsidy property value up to ₹35 lakh
Subsidy4% on first ₹8 lakh; maximum release ₹1.80 lakh; minimum five-year tenure
Margin15% for loan up to ₹25 lakh
RepaymentUp to age 70 or 30 years including moratorium, whichever earlier
SecurityEquitable/registered mortgage of property
Pradhan Mantri Awas Yojana — Urban 2.0 · Complete scheme page · accessed 30 Aug 2026Open official source ↗
Table 2 · 7 rows · 4 columnsPNB current MCLR and RLLR benchmark basesView tableHide table

Scroll sideways to view every column

PNB current MCLR and RLLR benchmark bases
BenchmarkTenorEffective fromRate
—8 October 20268.35%
Overnight1 October 20268.00%
1 month1 October 20268.25%
3 months1 October 20268.50%
6 months1 October 20268.65%
1 year1 October 20268.80%
3 years1 October 20269.10%
  • These are bank benchmarks, not the 2.0 loan rate. The scheme page publishes its subsidy terms but no PNB-specific spread or final customer rate.
PNB Interest Rates on Advances — current and benchmarks · table effective 1 October 2026; revision effective 8 October 2026 · effective 8 Oct 2026 · accessed 8 Oct 2026Open official source ↗

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