PNB Loan Calculator

Our free PNB loan calculator is a comprehensive tool designed to help you calculate EMI, monthly payments, and loan eligibility for Punjab National Bank loans in India. Whether you're planning to take out a personal loan, finance a car, purchase a home, apply for a mortgage, or determine your loan eligibility based on salary, this calculator provides accurate estimates based on PNB's lending standards.

The calculator supports multiple loan types including personal loans, car loans, home loans, and mortgage loans. For personal loans, the calculator helps you understand your monthly EMI payments and total interest costs. Car loan calculations help you plan your vehicle financing with options for down payments. Home loan and mortgage calculations account for additional costs such as property tax and home insurance, giving you a complete picture of your monthly housing expenses.

The salary-based loan calculator helps you determine how much you can borrow based on your annual income, monthly expenses, existing debts, and dependents, following PNB's lending guidelines. This feature is particularly useful for salary account holders who may qualify for better interest rates and higher loan amounts. The calculator considers whether you hold a PNB salary account, which can affect your eligibility and loan terms.

All calculations are performed using standard Indian lending formulas and consider factors such as loan amount, interest rate, loan term, and optional extra payments. The payment schedule shows a detailed amortization table with all monthly payments, helping you visualize how your loan balance decreases over time. You can export the payment schedule to Excel for further analysis and record-keeping, making it easy to track your loan payments and plan your finances.

This calculator is particularly useful for comparing loan options, understanding the impact of interest rates on your EMI, and planning your financial future. Whether you're a first-time borrower or looking to refinance, our PNB loan calculator provides the insights you need to make confident financial decisions. The tool follows RBI guidelines and PNB banking standards for loan calculations, ensuring accuracy and compliance with Indian financial regulations.

The calculator is designed for the Indian market and uses Indian Rupee (₹) currency formatting. It supports various loan scenarios including regular loans and loans for PNB salary account holders, who may benefit from preferential rates and terms. The Excel export feature allows you to save your payment schedule for offline reference and financial planning purposes.