For home finance, the best housing finance company is PNB Housing Finance Limited. It gives home loans to the customer with a longer payment duration at a lower charged interest rate. You can borrow a loan amount for home construction, purchase, renovation or extension from PNB HFL. It provides various loan calculators and tools to the customer for an easy loan procedure and efficient customer service for queries regarding PNB HFL home loan. Read the given article to know about PNB HFL home loan features.
Who can get the PNB home loan?
The housing finance provides a wide range of home loan schemes to the customer so whether you are a salaried, self-employed or an NRI you can get the desired loan scheme. Your minimum income to avail PNB HFL home loan must be INR 10,000. And, you can add a co-applicant if you don’t meet the loan eligibility criteria. You can finance a maximum 75% to 90% of your property value from PNB Housing Finance Limited and can pay the borrowed amount in equated monthly loan installment. For an estimation of the future loan EMI, you can use the online calculator device.
What is PNB HFL home loan calculator and how to use it?
You can use the EMI calculator device by PNB HFL to compute your monthly loan installment. The calculator calculates the EMI using formula [P x R x (1+R)^N]/[(1+R)^N-1], where P is the loan amount, N is the tenure and R is charged interest rate. So, you just need to visit the PNB HFL official website and need to enter your loan details to compute instant loan EMIs using PNB HFL home loan calculator. You can take advantage of EMI calculator to choose a suitable loan tenure for EMI payments.
Apply for PNB home loan by paying charges and submitting documents
To get a home loan from PNB Housing Finance Limited you need to visit the nearest branch or can apply for the same using its online services. Just visit the official website of PNB HFL and apply for the loan by providing your contact details, income details and property details. The documents which are required for the further procedure are the Individual ID proof, income proof and address proof such as Aadhar Card, PAN Card, Salary Slip, ITR report, etc. When you submit all the required documents then you just need to pay a processing fee of INR 10,000 with 18% charged GST. The processing fees are non-refundable and you will not get the money back It has to be paid before loan sanction.
You can track the status of PNB HFL home loan using the housing finance online services just enter your application number to know the loan current status. And, with the help of tools like EMI calculator and eligibility calculator you can make your loan procedure easier. So, purchase or construct a house by taking PNB HFL home loan and pay for the loan amount in 30 years in easy EMI using a suitable payment method.