What are PNB home loan prepayment charges?
For eligible floating-rate individual home loans used for non-business purposes, RBI rules generally prohibit such charges. Confirm the latest PNB rules for your exact product.
PNB Home Loan Prepayment Planning
Punjab National Bank Home Loan Prepayment Calculator
Illustrative floating rate reference, May 2026. Verify the latest Punjab National Bank home loan terms before acting. Use this page to estimate how recurring prepayments can reduce your total interest and shorten your tenure.
Calculate My Exact Savings
Read the complete home loan prepayment guide
About the lender
Punjab National Bank
Punjab National Bank borrowers can use extra monthly payments to cut tenure faster than scheduled EMI amortisation would. The biggest gains usually come when the loan is still early or mid-cycle.
Worked example
If you prepay ₹4,000 every month
Example assumes a ₹40,00,000 loan at 8.65% with 20 years remaining.
| Metric | Without prepayment | With ₹4,000/month extra |
|---|---|---|
| EMI | ₹35,094 | ₹39,094 |
| Total interest | ₹44,22,560 | ₹33,10,578 |
| Tenure | 20 years | 15 years 7 months |
| Interest saved | - | ₹11,11,982 |
| Time saved | - | 4 years 5 months |
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Frequently asked questions
Punjab National Bank prepayment FAQs
How do I prepay a PNB home loan?
You can usually make a part-prepayment through PNB branch or servicing channels. Ask how the bank will apply the prepayment to EMI or tenure.
Should I reduce EMI or tenure after a PNB prepayment?
Tenure reduction generally saves more total interest. EMI reduction is useful if you want lower monthly outgo.
How much can I save by prepaying ₹4,000 per month on a PNB home loan?
Savings vary by loan balance, rate, and tenure. Use the benchmark below for direction and KlearPay for exact numbers.
