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Q.

Which is Best HDFC vs PNB Home Loan?

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1 Answers

7 months

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0 2024-06-03T12:49:57+00:00

If you are trying to learn about which home loan is better HDFC vs PNB home loan, then I can help you. Before taking a home loan myself, I did extensive research on home loans and these banks were also a part of that. Here is what I know

PNB Housing Finance vs HDFC Home Loan: Which is Better?

Both these banks have multiple loans. I have added all the home loans available with HDFC and PNB in a table below

Particulars HDFC Home Loans PNB Home Loans

Interest Rate

8.75% onwards

9.40% onwards

Processing Fees

Up to 0.50% of the loan amount or Rs. 3000/- whichever is higher

0.35% of the loan amount

Minimum- Rs. 2,500/

Maximum- Rs. 15,000/

Retail Lending Rate

16.05%

14.00%

Loan Tenure

30 years 

30 years 

Eligibility

Resident Indian between 21 to 65 years of age

Resident Indian between 18 to 70 years of age

Prepayment Charges

Nil

Nil

These were the interest rates, eligibility factors, and other important fees and charges of pnb vs hdfc home loan. Below are the popular home loans available with both of these banks. 

HDFC Bank
  • HDFC Home Loan

  • HDFC Plot Loans

  • Rural Housing Loans

  • House Renovation Loan

  • Home Extension Loan

  • Top Up Loans

  • HDFC Reach Loan

  • Pradhan Mantri Awas Yojana

  • Balance Transfer

  • Loan Against Property

  • Commercial Property Loans

  • Commercial Plot Loans

  • HDFC Home Loan for NRI/PIO

PNB
  • PNB Max Saver

  • PNB Pride Housing Loan for Government Employees

  • PNB Housing Loan for Public

  • PNB Gen-Next Housing Finance Scheme for Public

  • Housing Loan for Public - Pradhan Mantri Awas Yojana - Housing For All

And that’s all I know. I hope this information about HDFC vs PNB home loan would be of help to you. 

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