Punjab & Sind Bank Home Loan Interest Rate

Here are the Punjab and Sind Bank home loan interest rate tables-

Following are the various the kinds of  Punjab and Sind Bank Home Loans-

This is a loan scheme for permanent employees of State/Central Government, PSUs, and reputed education institutes recognized by the bank for the purchase of a built-up house or flat/construction or the acquisition of a plot/construction, extension, repair, and renovation.

This scheme is for individuals, groups of individuals, and individual members of housing societies can purchase a dwelling unit/construction or a plot/construction, as well as extend, repair, and renovate it.

Up to 15 years for Plot Purchase, Home Renovation/Extension/Repair. Purchase of a built-up house/construction/purchase of a plot with construction: Up to 30 years, not to exceed retirement age (for salaried- up to 60 years, for salaried pensioners- up to 70 years, other than salaried- up to 70 years).

This scheme is for loan amount added to the existing house loan to suit various personal needs.

This scheme is applicable in rural and semi-urban locations for housing construction/purchase/repair/renovation/upgradation.

1) PSB Apna Ghar: 0.15% - 0.25%

2) PSB Kisan Home Loan: 0.15%

3) PSB Apna Ghar Top-up: 0.15%

There are two ways you can apply for the home loan from this bank, and they are:

1) Offline: You can visit the nearest branch of the bank to make this application process.

2) Online: You can also visit the official portal of the bank, and apply through the loan section.

Each house loan has its own set of requirements that you must complete. However, the following requirements apply to all house loans given by Punjab & Sind Bank-

• Age - 18 years - 60 years
• Depending on the house loan arrangement, a guarantor may or may not be required.
• All of the bank's home loan programs are secured loans, which require the property to be pledged to the bank.

• Application for a loan
• PAN card, Aadhaar card, Passport, and Driving License are examples of ID proof documents.
• Utility bills, Aadhaar cards, and driving licenses are examples of address proof documents.
• Salary slips, Form 16, IT returns, P&L statements and balance sheets are examples of income proof papers.
• Legal counsel's index inspection/legal opinion
• A valuation certificate from a licensed appraiser.
• Report on the visit.
• The branch manager's and accountant's valuation report.
• The plan has been approved.
• An architect's estimate for the aforementioned property construction/alteration.
• For leasehold property cases, a No Objection Certificate from the relevant authority for mortgage/equitable mortgage of the building/land.