PNB Housing Finance The Most Preferred Loan Against Property Lenders

At times, getting cash quickly for fulfilling the various needs of life can be challenging. You may think about applying for a high-interest unsecured personal loan or credit card. However, the higher the interest, the more the burden on your wallet.

But, why should you go for a high-interest option when a PNB Housing loan against property is available at an interest rate of 9.50% p.a. onwards?

With PNB Housing loans against property available with ultra-low interest rates, simple documentation, easy eligibility criteria, long loan term, flexible repayment options, and a no-frills application process, getting the money instantly will never be a problem anymore.

What is Special About PNB Housing Loan Against Property?

As a secured loan, a loan against property is sanctioned against collateral. The collateral can be a residential or commercial property or a plot of land. PNB Housing loan against property comes with transparent terms and a host of benefits which make it one of the topmost lenders in India.

Here are the reasons that make PNB Housing loan against property one of the best in the market.


  • Attractive Interest Rates

PNB Housing loan against property interest rates start from 9.50% p.a. You can choose the floating rate of interest, which depends on market interest rates, and can increase or decrease according to market conditions. Alternatively, you may take a loan with a fixed rate of interest, in which the EMIs will be the same through the loan term.

  • Minimal Documentation

PNB Housing offers you the facility to upload documents online and avail a loan against property. However, you may have to show the original documents to the loan officer when they visit your property for verification. The documents you need to submit include age, identity, and address proof, income statements, bank account statement, property papers, and a cheque containing the loan processing fee.

  • Doorstep Service

To avail a PNB Housing loan against property, you do not have to move an inch from your home or office. All you should do is apply for the loan online, keep the documents ready, and wait for the loan officer from the nearest branch office to come to your registered address. The loan officer will guide you through the rest of the process.

  • Fast Approval

PNB Housing loan against property is the first choice of borrowers as they can get money quickly. Once the documents get verified, the lender will transfer the money directly to your bank account as a lump sum. You may expect to get the funds in your account within a few hours of loan approval.

click here – Home Loan EMI: 6 Ways You Can Reduce It Easily

  • Extended Loan Term

PNB Housing understands that you are applying for a loan against property to tide over short-term financial emergencies. Hence, they allow you an extended loan term of up to 20 years for repayment. You can use an online loan against property EMI calculator to get an overview of the interest rate you have to pay.

  • Property Insurance

PNB Housing has tied up with reputed insurers like ICICI Lombard and Bharti AXA to provide insurance on property and loan repayments to its loan against property customers. Hence, in the case of an unfortunate event, the insurer will take care of the loan repayments and compensate for any loss inflicted to the mortgaged property.


Loan against property interest rates are generally much lower than the interest rate of an unsecured loan. PNB Housing loan against property takes it one step further. It offers you a host of unparalleled benefits that you are unlikely to find anywhere else, making it one of the most preferred loans against property lenders in India.