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PNB Personal Loan Application Status

Punjab National Bank has one of the largest branch office networks in India. It has a presence in every state and Union Territory in India, thereby ensuring an extensive reach. The bank caters to every section of society by offering a fantastic range of products. PNB Personal Loan is one such product that allows its customers to meet all kinds of individual requirements. 

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PNB Personal Loan Different types of personal loans

PNB offers three types of personal loans to its customers, depending on their profession and occupation.

  • PNB Personal Loan Scheme for Public This loan product is available to all salaried persons maintaining salary accounts with PNB.
  • PNB Personal Loan Scheme for Doctors Practising doctors can avail of this loan product to meet their personal or professional requirements.
  • PNB Personal Loan Scheme for Pensioners Members of the public who are drawing their pension from PNB are eligible for this loan facility.

Additional Info: Check PNB Insta Loan & Apply.

PNB Personal Loan Features

  • PNB Personal Loans are available for satisfying all kinds of individual needs.
  • These requirements include medical needs, educational expenses, and other personal emergencies.
  • PNB provides facilities to apply for personal loans online through its official website. Mobile banking and internet
  • banking users can use the respective channels for applying for personal loans online.
  • PNB links its personal loan interest rates to the repo rate. Hence, it is a floating rate of interest.
  • PNB Personal Loans have a flexible repayment tenure depending on your income and repaying capacity.

Additional Info: Check PNB Personal Loan Interest Rate for Salary Account holder.

PNB Personal Loan at a Glance

PNB Personal Loan ProductIdeal ForMaximum LoanInterest RateMaximum tenure
PNB Personal Loan for PublicSalaried employees5 lakhs10.60%60 months
PNB Delight Personal Loan for DoctorsDoctors15 lakhs8.95% - 9.95%84 months
PNB Personal Loan for PensionersPensioners10 lakhs10.75%60 months

PNB Personal Loan How to apply

PNB is one of the technologically advanced nationalised banks in India. It offers facilities to customers to apply for personal loans online.

Online Application

  • Visit the official webpage of Punjab National Bank.
  • Click on Online Services
  • Proceed to Loans
  • Click on the respective loan application format and proceed with the application online.

Offline Application

  • Visit the branch office pf PNB where you maintain your account.
  • Meet the Relationship Manager and complete the procedure of applying for the personal loan in person.

What are the details required to check Personal Loan Status Online and Offline?

  1. PNB provides a serial reference number when you apply for personal loans online. You will need this detail along with the date of birth of the applicant with you when checking the personal loan status online.
  2. If you utilise the services of the customer care number to know the status, you need to provide the following details.
  • Your account number
  • Your date of birth (as a confirmatory procedure)
  • The reference number of your loan application
  • Your name (if required)

3.Alternatively, you can approach the branch office where you applied for the loan and enquire about the status. The Relationship Manager will ask for the acknowledgement slip that the bank provides when applying for a loan offline.

Different Methods to Check PL Status

PNB offers various ways to check your PL status.

  • Customers who have applied for their PL online can check the status online using the reference number.
  • Customers having access to mobile banking can do so using the PNB Mobile Banking Platform.
  • Applicants can call the customer care phone numbers and seek the status of their loan applications.
  • An alternative is to contact the nearest branch office in person or through the phone to determine the PL status.

Step By Step Process

Checking out the PNB personal loan application status is easy. You do not need anything more than the reference number and date of birth of the applicant.

Online PL Checking Process

Visit the official website of PNB https://www.pnbindia.in/#

Click on the Online Services to access this page https://pnbnet.org.in/ONLINELOAN/index.jsp and move down to the bottom of the page.

 

  • Select the Loan Type from the Dropdown box as Personal Loan.
  • Enter the Serial Number and date of birth
  • Type out the Captcha Code correctly.
  • Hit the Submit button to get the Personal Loan status.

Mobile Banking Platform

Customers using the PNB One Mobile Banking application can check the status of the personal loan by logging into the mobile app and selecting the appropriate options.

  • Download the mobile app from Google Store if you have not done so earlier.
  • Register for mobile banking services.
  • Log into the system and check the personal loan status online.

Offline Tracking

PNB Personal Loan applicants can call the Customer Care phone numbers to check the application status.

  • Toll-Free Numbers 1800-180-2222 and 1800-103-2222
  • Landline number 91-120-2490000

Provide your details like name, your date of birth, PAN, and loan reference number to get the status.

Branch Visit

  • Approach the branch office of PNB where you submitted the loan application.
  • Contact the Relationship Manager or the Branch Manager to know the status of the personal loan.

PNB Personal Loan Status FAQs

What is the easiest way to check the status of PNB Personal Loans?

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PNB offers different ways to check the status of personal loan applications. Customers can do so online and through customer care centres. They can also use their mobile banking platforms to determine their status.

An alternative way is to contact the branch manager of the respective PNB branch. However, the easiest way is to check the status online. It is because you can do so from anywhere and at any time.

When can you check the PNB Personal Loan status?

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Generally, PNB will take a couple of days to collect the documents and process the loan applications. Therefore, customers should check the loan status a minimum of three days after submitting all documents connected with the personal loan.

What sort of message will I get when I check the PNB PL status online?

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If the loan is approved and sanctioned, you will get the Approved status. If the loan application is in process, you will receive a message accordingly. If the bank rejects your loan proposal, you will get the status ?Rejected.?

When can PNB reject the personal loan?

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The sanctioning of the personal loan is at the discretion of the bank. Generally, PNB approves personal loans of all customers who satisfy the eligibility criteria. If there is any defect in the application process, the bank informs the same to the customer and seeks clarification. If the loan applicant does not satisfy the eligibility criteria, it can reject the loan giving proper reasons for the same.

What should I do if PNB rejects my loan application?

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You should check out the reasons for the rejection of the loan by the bank. If you can rectify the shortcomings, you can do so and apply again. If the reason for rejection is a low CIBIL score, you should approach CIBIL and check out the credit report. If you find any inaccuracies, you should take up the matter with CIBIL to rectify the same. On improving your CIBIL score, you can apply for the PNB Personal Loan again.

What is the next step after my personal loan is approved?

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Once your personal loan is approved, the bank will contact you to complete the loan documentation process. Complete the process and take the disbursal of the loan in your savings account.

Does PNB Personal Loan require a third-party guarantee or collateral?

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Generally, personal loans do not need collateral or guarantee. However, PNB Personal Loan for Public and Personal Loan for Pensioners require the furnishing of a third-party guarantee acceptable to the bank. In the case of PNB Personal Loan for Doctors, the borrower can furnish a third-party guarantee or offer collateral up to 100% of the loan amount. Borrowers offering 100% collateral get a concession of 1% in the interest rate.

Does PNB offer fixed rates or floating rates of interest?

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PNB refers to its RLLR for determining the interest rate on personal loans. The RLLR is a floating rate. Hence, the interest rates on personal loans are floating rates of interest.

How does PNB treat the EMI in the event of a change in the rate of interest?

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If the rates of interest go up, PNB increases the EMI accordingly. However, if the rates go down, the bank does not change the EMI. The loan tenure reduces proportionately.

Do you have to pay any fees to PNB for checking the PL status?

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No, PNB offers these services free of charge. You do not have to pay any fee for the same.

Can I communicate with PNB through email?

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Yes, you can clarify your doubts with PNB by sending an email to care@pnb.co.in.

Where will you get the details of PNB Personal Loan schemes?

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You can visit the official webpage of PNB Personal Loans, https://www.pnbindia.in/personal.html, to get