PNB Insta Loan
Punjab National Bank (PNB) offers two types of products under the PNB Insta loan category, viz. Personal Loan and e-Mudra Loan. These loans come at low interest rates and offer attractive benefits like quick disbursal, minimum documentation requirements, and an end-to-end online process.
PNB Insta Loan Details
The key details of Insta Loan PNB are mentioned below:
Loan amount | Up to Rs. 8 Lakhs for a personal loan and up to Rs. 50,000 for an e-Mudra loan |
Rate of interest | 9.80% - 14.65% |
Tenure | Up to 5 years |
Processing fee | Nil |
Minimum work experience | 3 years |
PNB Insta Loan Benefits
- If you want a PNB Insta Loan apply online. The facility is available 24X7.
- The loans are disbursed within minutes without the need to visit the branch.
- The loan amount available of up to Rs. 8 Lakhs.
- PNB Insta Loan interest rate starts from 9.80% p.a.
- There are no processing fees applicable on these loans.
Types of PNB Insta Loan
Personal Loan
This pre-approved personal loan is usually offered to the existing customers of the bank who have a satisfactory record of repaying their loan and credit card dues, income, and relationship with the bank. It is offered at an attractive interest rate. This loan can also be offered in cases where customers have no credit history basis parameters like income and transaction history.
e-Mudra Loan
e-Mudra Loan is a digital lending product designed by PNB for micro and small entrepreneurs for seamless sanction of Mudra Loans up to Rs. 50,000 for business requirements.
How to Apply for a PNB Insta Loan?
PNB customers have to follow some simple steps as mentioned below to get their loan sanctioned instantly.
- Visit the official website of PNB at pnbindia.in.
- Click on 'Online Services' and then click on 'InstaLoans'
- Now, click on 'Personal Loans' or 'e-Mudra Loans'.
- Fill in the required details like customer ID and registered mobile number.
- Authenticate your mobile number.
- After this, click on 'Personal Loans' or 'e-Mudra Loans'.
- Fill in the required details
- Enter your Aadhaar number.
- Then tick on the consent.
- Click on the 'Submit' button.
- Enter the six-digit OTP received on your mobile for Aadhaar authentication.
- Now, enter the required personal details and other information such as loan amount, tenure, and so on.
- Click on the 'Next' button to complete the process.
PNB Insta Loan Customer Care
You can give a missed call on 1800-180-888 in case you have any queries regarding the loans. You can also visit the official website at instaloans.pnbindia.in in case of any further doubts and queries.