PNB Max Saver Home Loan (Overdraft)
Primary Lending Institution:Punjab National Bank (PNB)
₹10 Lakh to ₹5 Crore home loan at 8.65% – 9.45% with Up to 30 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.
What is PNB Max Saver Home Loan (Overdraft)?
Overdraft housing loan allowing borrowers to operate home loan account as an OD facility to deposit surplus liquidity and minimize interest costs.
Key Benefits & Features
Direct interest savings on surplus balances; instant liquidity withdrawal through debit card and internet banking; tax benefits preserved under Section 24b.
Property & Project Eligibility Requirements
Approved society apartment or private residence with municipal clearance.
Borrower Eligibility Criteria
Salaried professionals or businessmen with strong liquid cash flow and minimum CIBIL score of 720.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.pnbindia.in/pnb-max-saver.html with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
Documents Required Checklist
Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.
Frequently Asked Questions
What is the maximum loan tenure available for PNB Max Saver Home Loan (Overdraft)?
The maximum repayment tenure offered for PNB Max Saver Home Loan (Overdraft) is Up to 30 years, subject to borrower's age not exceeding 70 years at loan maturity.
What are the processing charges and prepayment rules for PNB Max Saver Home Loan (Overdraft)?
The processing fee is 0.35% + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for PNB Max Saver Home Loan (Overdraft)?
Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.
Why does PNB Max Saver Home Loan (Overdraft) require property approval in a formal layout?
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.