PNB Home Loan EMI Calculator
Calculate your monthly EMI and interest for a Punjab National Bank housing loan with verified repo-linked rates starting from 7.40% p.a.
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Official Rate Formula & Benchmark:
PNB Housing Loans apply reducing monthly balance interest tied to PNB RLLR starting at 7.40% p.a. for borrowers with CIBIL score 750+.
Current official starting rate: 7.40% p.a. (Range: 7.40% – 9.15% p.a.).
PNB Home Loan EMI Calculator
Interactive calculation engine using official PNB rates
Official PNB Rate (7.40%)
₹50,00,000
₹1.00 L₹2.00 Cr
%
5.00%Published range: 7.4% - 9.15%20.00%
20 Years(240 mo)
1 Yr30 Yrs
Monthly EMI
₹39,974
For 20 years at 7.40% p.a. reducing balance
Principal Loan Amount₹50,00,000
Total Interest Payable₹45,94,023
Total Amount Payable₹95,94,023
Principal (52.1%)Interest (47.9%)
Calculated according to standard Indian banking methodology (Quarterly compounding for deposits, monthly reducing balance for loans).
Yearly Repayment Schedule
| Year | Principal Paid | Interest Paid | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹1,13,486 | ₹3,66,202 | ₹4,79,688 | ₹48,86,514 |
| Year 2 | ₹1,22,175 | ₹3,57,513 | ₹4,79,688 | ₹47,64,340 |
| Year 3 | ₹1,31,528 | ₹3,48,160 | ₹4,79,688 | ₹46,32,811 |
| Year 4 | ₹1,41,599 | ₹3,38,089 | ₹4,79,688 | ₹44,91,213 |
| Year 5 | ₹1,52,440 | ₹3,27,248 | ₹4,79,688 | ₹43,38,773 |
Rate Verification & Official Notice
Verified Official Published RateLast verified:
Rate Methodology →Headline / Starting Rate
7.40% p.a.
Effective Rate Range
7.40% – 9.15% p.a.
floating RateBenchmark Index
PNB RLLR
Applicable Conditions & Eligibility Factors:
- Reducing monthly balance tied to PNB RLLR
- Prime spread for CIBIL 750+
Source: PNB Housing Loan Scheme Rates
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Reducing monthly balance tied to PNB RLLR.
- 2Lowest spread for borrowers with CIBIL score 750+.
Key Factors Influencing Your Rate
- •CIBIL score
- •LTV ratio
Worked Numerical Example: PNB Home Loan EMI Calculator
Principal₹50,00,000
Rate Applied7.4% p.a.
Tenure20 Years
Monthly EMI₹39,974
For a ₹50,00,000 loan at 7.40% p.a. for 20 years (240 months), your monthly EMI is ₹39,974, with total interest of ₹45,94,023.
Frequently Asked Questions: PNB Home Loan EMI Calculator
- Starting rate?
- 7.40% p.a.
- What is RLLR?
- PNB Repo Linked Lending Rate.