Punjab & Sind Bank Home Loan Interest Rate

In our previous post, we discussed the SBI Home loan interest rates, PNB home loan interest rates, Bank of Baroda home loan interest rates, etc. In this article, we discussed Punjab & Sind Bank Home Loan Interest Rate. Punjab & Sind Bank offers attractive home loan interest rates starting from 8.50 p.a. with a maximum loan tenure of 30 years.

PSB Home Loan Interest Rate

PSB Apna Ghar & Kisan Home Loan
CIBIL Score	Rate of Interest
791 and above	8.55
768-790	8.70
753-767	8.85
732-752	9.05
690-731	9.40
641-689*	10.00

 

PSB Apna Ghar Sahaj & Gaurav
CIBIL Score	Rate of Interest
791 and above	8.50
768-790	8.65
753-767	8.80
732-752	9.00
690-731	9.35
641-689*	9.85

 

PSB Apna Ghar Top-up

0.50% over and above the applicable rate of interest for the Housing Loan to be added to BSP

Types of Punjab & Sind Bank Home Loan

PSB Apna Ghar- Sahaj

• For Purchase of built-up houses, Flats, Construction, Purchase of Plots and extensions, Repair, Renovation of existing houses, etc.
• Age:-
  For employees without pension: 21-60 years
  For employees with pension or NPS: 21-70 years.
• Processing Fee: Up to 0.25% of the loan amount.
• The maximum loan amount offered is Rs.5 lakh onwards.

PSB Apna Ghar

• This scheme is used for the purchase of Construction, Purchase of plots and construction,  Extension, Repair, Renovation, etc.
• Age:- Minimum- 18 years
• No pre-payment charges.

PSB Apna Ghar Top Up

• To offer additional amounts of loans to the existing housing loan borrowers to meet their various personal requirements arising from time to time.
• The maximum loan amount offered is Rs.10 lakh.
• The processing fee applicable is 0.15% of the loan amount with a minimum charge of Rs.1,000 and a maximum of Rs.3,750.

PSB Kisan Home Loan

• This home loan scheme is used for the purchase, construction, repair, and renovation of houses situated in rural and semi-urban areas only.
• This scheme is only offered by Rural & Semi Urban Branches of the Bank.
• Age:- between 21 and 60 years.
• Maximum Loan up to Rs. 20 Lacks.

Documents Required for Punjab & Sind Bank Home Loan

• Loan application.
• ID proof for example PAN card, Aadhaar card, Passport, Driving License, etc.
• Address proof for example utility bill, Aadhaar card, Driving License etc.
• Income proof documents like salary slips, Form 16, IT returns, P&L statements, and balance sheets, etc.
• Property documents:-
• Index Inspection, Legal Opinion from the legal counsel.
• Valuation certificate from an approved valuer.
• Visit report.
• Valuation report of the branch manager and the accountant.

For more information visit the official site of Punjab & Sind Bank Click Here.

Also Read:-

Canara Bank Home Loan Interest Rate

Bank of India Home Loan Interest Rate