Your 'Unnati' inspires us!
Owning a home for family is everyone's dream and it is still a dream of many. PNB Housing salutes the spirit with which you have faced the challenges of life in the pursuit of progress. We are certain that your present achievements are only a precursor to the many more dreams that are waiting to be fulfilled.We express our wish to be a partner in your aspiring journey by bringing you 'Unnati Loans', a unique and specially designed home loan solution that will help you realize the dream of living in a home, you can call your own.
So, whether you are a salaried individual of stable or local business entity or a self-employed individual like kirana shop owner, garment shop or other business set ups who may or may not have formal income proof but have sufficient income to serve obligations, your search ends here and Unnati home loan is a right product for you. The simplified loan procedures, minimal documentation and a bouquet of customer friendly services associated with 'Unnati Loans' is just our way of saying "We Care!"
* For home loan up to Rs 30 lacs
** For PMAY subsidy details, please refer https://pmay-urban.gov.in/about or visit https://www.pnbhousing.com/home-loan/pmay/
Loan Amount 500000 in lacs
ROI 7.35
Tenure 30 in Years
EMI Payable per Month
Gross Monthly Income 10000 in INR
ROI 10.75
Tenure 30 in Years
Other Existing EMIs 10 in INR
EMI Payable per Month
Eligible Loan Amount per Month
Yes, Dreams do come true
"Apna Ghar" has always been our dream, my wife and I are beyond thrilled that our loan nightmare is finally over and we have PNB Housing Unnati Home loans to thank for it. Without PNB Housing help, we would have continued to be tangled in a never ending paper work procedure. With their assistance, easy and minimal paperwork and customer friendly service we can now have our own house. In true sense they live up to their motto, "Ghar ki baat".
-Subhash Morya
Hassel free loan disbursement
My home construction work was long pending and I wanted to complete it on priority for my family's happiness. My never ending search for a loan came to an end with PNBHFL. With door to door customer support during the covid times, they helped us in providing quick loan approval and disbursement. My family is ecstatic to see our house getting constructed.
-Damini Jain
Unnati Home Loans has prepared me not only financially but mentally.
There was no money to buy a house and not all the papers to take a loan! Time was passing, and the motivation to buy a home was waning. In an advertisement I read about PNB Housing Unnati Home Loan Scheme! At that time I was not sure if this one step would help me achieve the most important goal of my life. The loan tenure of 30 years and easy EMI options made me mentally ready to take the loan! Today I have my own house, I have fulfilled the dream of my parents
-Ashish Jangid
Hope only for own roof
There was always a desire for a home, but didn't have courage, Nor did I have the ability to pay that high down payment! With the PNB Housing Unnati Home Loan scheme, a new hope has arisen in my mind that maybe now I will have my own house! Came to know that without wasting any time, one can get a home loan up to 90% of the value of the house that too with a 30 years long and easy EMI policy. Now very soon me and my whole family will be in our own house.
-Ravi Sharma
Got the loan without any hassle
The fear of loans and the huge EMIs that come with it always bothered me and I was not able to take the decision of buying my home even if I wanted to. I didn't even have all the documents to apply for the loan. But PNB Housing Unnati Home Loan scheme is different from others. The aim is to help people like me to build their own homes. Like they say "ghar ki baat. without any hassle, very easy paperwork and EMI tenure of 30 years, I live in my own house in Jaipur today
-Ravinder
Step 1: Our sales executive will get the application form filled from customer and will submit loan application along with required set of documents.
Step 2: Application would be assessed on the basis of various eligibility and funding norms.
Step 3: A property valuation and title check may be carried out by the company representative to determine the property value and legal clearance of the property to arrive at the loan amount.
Step 4: Based on the internal and regulatory guidelines, PNB Housing may approve or reject the loan application.
Step 5: Submission of the original property documents are required along with signing of agreements, handing over of registered property papers and submission of NACH/ECS.
Step 6: Upon finding all the documents in order, PNB Housing will disburse the loan amount to the developer/contractor/seller based on the progress of construction. The EMI/Pre-EMI will commence after the disbursement.
You are eligible for a loan if you an Indian citizen or a person of Indian origin and are a salaried/self-employed professional/businessman. Unnati Home loan is specially designed for the salaried/self-employed customer, who may or may not have sufficient income documents but have sufficient income to service monthly EMIs. So whether you are a salaried individual or owning a self-business set up, Unnati Home loan is a right product for you.
Your loan eligibility will be determined by PNB Housing on the basis of income, age, qualification, number of dependents, assets, liabilities, stability and continuity of occupation, savings and prior credit history among other factors. Further, the loan eligibility will also be dependent on the value of the property selected by you. You can also check your eligibility using our eligibility calculator.
Can customer apply for an Unnati Loan online?Yes, Customers have the facility to apply for loan online.
All you have to do is sign up on 'ACE' platform, fill up the online application form, upload KYC and income documents, pay initial processing fee online, e - sign and submit the application.
For more details, please visit our website and click on 'Online home Loan' to get started!
Who can avail subsidy under Pradhan Mantri Awas Yojna (PMAY)?A beneficiary family not owning a pucca house in any part of the India is eligible for this subsidy subject to income criteria as defined for the family under various schemes for EWS/LIG. Through this scheme, the beneficiary is eligible to avail interest subsidy on the purchase/construction of a house/enhancement of a dwelling unit. For more details, please refer PMAY section on our website.
Can I get a loan for buying commercial property under Unnati Loans?Yes, commercial property purchase i.e. NRPL (non-residential property loan) facility is available under Unnati Loans.
Can one prepay Unnati Loan? Are there any foreclosure charges?Yes, it can be prepaid without any foreclosure charges for salaried/self-employed individual profile customers.
Does the property need to be insured?Customer should ensure that the property is insured against uncertainties like earthquake, fire or damage and destruction due to natural and man-made calamities, during the tenure of the loan.
What percentage of property value can be funded?We can fund upto 90%* of property value for salaried individuals and upto 80%* for self-employed individuals applying for home loan.
In case of Non Residential Property Purchase, we can fund upto 70%* of cost of purchase or market value, whichever is lower.
Can Unnati home loan be given to self-employed customers who may not have formal income proof?Unnati home loan can be extended to self-employed customers who do not have formal income proof. However, these customers need to have sufficient income to service monthly EMIs. In all these cases, customers to have independent business set up.
Can I avail loan for buying a plot and constructing residential house on the same?Can I get a loan on the property for which seller is already running a loan from other financial institution?
Yes, Seller BT facility is available from specific financial institutions. I am getting salary in cash. Can I get Unnati home loan?This facility is available only for applicants working with government organizations.
For non-government employees, cash salary can be considered for any of the applicant/s subject to the other co-applicant/s getting salary by cheque.