Punjab National Bank
Public-sector bank · Best rate currently: 7.10%
Interest rate
7.10% – 8.50%
Tenure
3 – 10 years
Max loan (unsecured)
₹2.0 lakh
With collateral
₹10.0 lakh
Processing fee
0 (government subsidy campaign)
Prepayment penalty
0.00%
About this loan
[PLACEHOLDER] Punjab National Bank participates in the PM Surya Ghar scheme. Rates and terms shown reflect the public PM Surya Ghar scheme; verify on the bank's portal before applying.
Rates last verified 2026-05 · Public bank disclosures + government subsidy portal
Eligibility
Min credit score
690
Min age
21 years
States served
Pan-India
Documents required
- PAN
- Aadhaar
- Address proof
- Income proof
- Electricity bill (most recent)
- Quotation from MNRE-empanelled installer
Application steps
- 1Apply on PM Surya Ghar portal
- 2Choose Punjab National Bank
- 3Branch verifies KYC
- 4Sign agreement
- 5Disbursement to installer
EMI illustration
For a loan of ₹2,00,000 at 7.10% over 5 years, your EMI would be approximately:
₹3,970/month
Illustrative only. Final EMI depends on credit score, actual approved rate, and exact tenure. Verify on the bank's portal.
Disclaimer
RainbowHome is not a regulated lender. We surface rates and terms published by the lender; we do not collect KYC documents, do not process applications, and earn no spread on the loan. The "Apply" button below opens the lender's own government-subsidy landing page.