PNB Housing loan

Home Loan in Chennai

Chennai is a metropolitan and the largest city in Tamil Nadu. The largest city in Tamil Nadu, Chennai is often called the cultural capital of India for its deep-rooted traditions and heritage. It is the biggest cultural and economic center and home to many MNCs and large national and international companies, which brings a lot of young professionals to the city.

If you’re one such individual looking to settle in Chennai, PNB Housing offers the best home loans in Chennai at an attractive interest rate starting at 8.75%* p.a. for salaried & 8.80%* p.a. for self-employed applicants.

Features and Benefits of PNB Housing Home Loans in Chennai

  • Low Rate of Interest: PNB Housing offers competitive rates of interest on all its housing loans starting at as low as 8.75%* per annum for salaried & 8.80%* for self-employed individuals
  • Long-tenure Loans: You can avail of the home loan for a tenure of up to 30 years, thus allowing you to pay lower EMIs
  • Low Processing Fee: PNB Housing charges only 0.5%* as the processing fee, which is among the lowest processing fees in the industry
  • Loan Enhancement: You can easily avail additional loan on your existing mortgaged property to meet any other financial requirements
  • Customer Convenience: The online customer portal lets customers request personalized doorstep services and post-disbursement services

Home Loan Eligibility Criteria

To avail home loan in Chennai, you will need to meet the following home loan eligibility criteria:

Age Limit Applicants should be 21 years or above at the time of applying for a home loan. Age should not exceed 70 years at the time of home loan maturity.
Monthly salary/income INR 15,000 and above
Required CIBIL Score Minimum 611
Work experience for salaried individuals 3+ years
Business continuity for self-employed 3+ years

Documents Required for Home Loan

Eligibility criteria are different for each type of home loan, but certain common documents required for a home loan are listed below:

For Salaried Employees For Self-Employed/Professionals
Compulsory Documents such as loan application form Compulsory Documents like loan application form
Age Proof Age Proof
Residence Proof Residence Proof
Education Qualifications Education Qualifications
Income Proof which includes salary slips of last 3 months, Form 16 for last 2 years and latest 6 months bank statement Income Proof pertaining to business and ITR, such as proof of business existence, last 3 years income tax returns, accountant-certified balance sheets, and last 12 months bank account statement
Other Documents related to the property such as title, approved plan, etc. Other Documents such as property title, approved plan, etc.

When you’re applying for a home loan, use the online EMI calculator to check the EMIs you will have to pay as per the loan tenure and interest rate. It is a useful tool that makes the calculation much easier and is available for free.

You can also access PNB Housing’s home loan eligibility calculator to compare different loan schemes online and pick the one that best suits your needs. These tools will give you a comprehensive understanding of taking a home loan online.

How To Apply for Home Loan in Chennai

Online

With PNB Housing, you can get all housing loan facilities from the comfort of your home. Here’s how to apply:

  1. Step 1: Visit PNB Housing’s “Apply Loan” page.
  2. Step 2: Enter your name. (Please use the government-recognized name)
  3. Step 3: Share your mobile number for the PNB Housing representative to contact you.
  4. Step 4: Click on the options and select your loan amount range needed.
  5. Step 5: Submit your email address, where you want to get detailed information on PNB Housing Home Loans.
  6. Step 6: Select your current location from the options for better reachability from PNB Housing’s end
  7. Step 7: Click on the box that affirms you have submitted legit details and want to receive notifications about the same before pressing the “Submit” button.

Once you choose to apply for a loan at PNB Housing, you can be assured of a dedicated RM service.

Can’t come to the branch for the loan process? PNB Housing offers personalized doorstep services via an online customer portal to make your home loan process smoother.

Offline

You can visit any of the branches of PNB Housing loan in Chennai to meet with a loan representative to discuss document requirements and submission for your home loan. PNB Housing guarantees a hassle-free loan application process no matter how you choose to apply.

PNB Housing Home Loan Branches in Chennai

Chennai (Tamil Nadu)
3rd floor, Sudershan Builidng, No. 14, Whites Road, Roayapettah, Chennai – 600014,
Landmark: Next to Sathyam Theater car parking
Phone No: 044-40076800		 Chennai (OMR)
No: C-45, 1st Floor, SIDCO T.V.K Industrial Estate Guindy, Chennai -600032
Phone No: 044-40176800/888		 Chennai (Ambattur)
Vaagai, 2nd floor, sector 1, Ambattur industrial estate, 2nd main road, Chennai – 600058
Landmark: Opposite to Emsang Technologies
Phone No: 044-26881601,602

* T&C Apply, Rate of interest are subject to change at the sole discretion of PNB Housing.

Instant Loan in 3 Minutes – Apply Now CHECK HOME LOAN ELIGIBILITY