Public Sector Bank (PSU)Salaried Employeesunsecured

PNB Sahyog Personal Loan

पीएनबी सहयोग पर्सनल लोन

PNB's core personal loan for confirmed employees of Central/State Govt, PSUs, and reputed corporates.

Max Loan Amount

₹50,000 to ₹20,00,000 (up to 24x Gross Monthly Salary)

Interest Rate

11.40% - 15.25% p.a. (linked to RLLR + credit risk spread)

Tenure

12 to 72 months

Processing Fee

1.00% of loan amount + GST (Min ₹1,000, Max ₹10,000 + GST)

✦ What It Is: Product Architecture & Regulatory Scope

PNB Sahyog is Punjab National Bank's primary unsecured loan for confirmed employees of Central and State Governments, Public Sector Undertakings, and selected private sector corporates having salary accounts with PNB.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Employer Check-off Mandate: Employer must agree to deduct EMI directly from salary or register irrevocable standing instruction. • Minimum 2 years of continuous confirmed service required. • Broken period interest charged from disbursement date to first EMI presentation.

✦ Key Benefits & Features

• High loan eligibility up to 24 times Gross Monthly Salary • Tenure extended up to 72 months for lower EMI burden • Zero prepayment penalty when closed from own personal funds • Attractive interest concessions for women borrowers and premier institutional staff.

✦ Prepayment, Part-Payment & Foreclosure Rules

NIL prepayment penalty if closed from borrower's own verified sources; 2% if taken over by another bank.

✦ Eligibility Requirements

Confirmed permanent employees of Central/State Govt, PSUs, Autonomous Bodies, and reputed Private Corporates with PNB salary account. Min Age: 21, Max Age: 58. Min Gross Monthly Income: ₹20,000. Min CIBIL: 700.

Min Age21 Years

Max Age58 Years

Min Monthly Income₹20,000

Min CIBIL Score700+

✦ Documents Required

• Identity Proof: PAN Card and Aadhaar Card • Employment Proof: Official ID Card, appointment letter • Income Proof: Last 3 months payslips, latest Form 16 • Banking: Last 6 months salary bank account statement • Undertaking: Check-off / Standing instruction mandate.

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open PNB One mobile app > Loans > PNB Sahyog. 2. Verify pre-populated employment and salary details. 3. Enter required loan amount and tenure. 4. Complete e-Sign via Aadhaar OTP. 5. Loan credited within 24 hours.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit pnbindia.in > Retail Loans > Personal Loans. 2. Fill online application and submit payslips and Form 16. 3. Track application with digital reference ID. 4. PNB officer verifies employer DDO details for sanction.

Pathway C

Branch Walk-In Application

1. Visit PNB branch maintaining your salary account. 2. Submit Form Sahyog-1 with 2 passport photographs. 3. Attach last 3 months salary slips, Form 16, and bank statements. 4. Submit Employer Check-off / DDO consent letter.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (Punjab National Bank Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on PNB Sahyog Personal Loan

Can private sector employees apply for PNB Sahyog?

Yes, confirmed employees of reputed private companies, MNCs, and educational institutions with at least 2 years service vintage are eligible.

What is the maximum salary multiplier?

Up to 24 times Gross Monthly Salary or ₹20 Lakhs, whichever is lower, subject to take-home pay remaining above 40%.

Are there prepayment penalties?

No prepayment charges apply if pre-closed from borrower's own funds. Takeover by other lenders incurs 2% fee.