Leading Public Sector Bank, Punjab National bank has launched an exclusive COVID 19 Emergency Personal Loan “PNB Sahyog” for its existing customers. The customers of recently merged banks, United Bank of India and Oriental Bank of Commerce, will also be eligible to avail of the benefits of the Scheme.
The PNB Sahyog scheme is launched to provide some financial relief to all salary account holders of the bank. The loan can be availed for the maximum of Rs 3 Lakh to fulfil urgent personal or medical needs. The existing Personal Loan customers with pre-approved limit shall be able to use the available limit i.e., up to Rs.10 lakhs.
To be eligible for applying to PNB Sahyog Loan, the applicant should be a salaried employee with Central or State Govt or PSUs or any reputed company or Institution. They must, however, should also be drawing their salary through PNB (or previous OBC and UBI).
The customers can apply for PNB COVID Personal Loan by June 30, 2020. There is no processing charge or documentation charge, and the rate of interest starts from 9.05%. The loan can be serviced for 3 years (36 months).
PNB Sayhog Loan – Details
Name of the COVID 19 Personal Loan Scheme
PNB Sahyog Loan
Type of Loan
Term Loan
Maximum Amount
Rs 3 Lakh for PNB salary accounts
Rs 10 Lakh for Personal Loan customers*
Tenor
Maximum 36 months
Rate of Interest
RLLR + 2.00% i.e. 9.05%
Processing & Documentation Charges
NIL
Eligibility
Net Salary:
Minimum take home salary should be Rs 15000 in Metro or Urban Centres and Rs 10000 in Semi Urban or Rural Centre
Age
57 years.
Repayment should be completed by 60 years of age
If you, too, have a PNB Salary Account or PNB Personal Loan, you can apply for PNB Emergency Loan.
Updated On Jul 11, 2026
Written By
Written By Reshma RawatAssistant Content ManagerCredit Cards, Credit Score, Personal Loan, Home Loan, etc.
Reshma Rawat is a passionate writer with a decade of experience in writing for a variety of domains (finance, technology, lifestyle, e-commerce, real estate, etc.). Currently, she is working as Assistant Manager - Content @MyMoneyMantra and writes blogs & webpages on financial products (loans, credit cards, insurance, government financial policies, mutual funds, etc.).
