Check your PNB car loan eligibility. Rate: 8.85 - 10.30% p.a. Max amount: ₹1 Cr.
Punjab National Bank offers car loan at an interest rate of 8.85 - 10.30% p.a. with a maximum tenure of 7 years. The maximum loan amount is ₹1 Cr with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹3 Lakh | ₹6,206 | ₹72,360 | ₹10,888/mo |
| ₹4 Lakh | ₹8,274 | ₹96,440 | ₹14,516/mo |
| ₹5 Lakh | ₹10,343 | ₹1,20,580 | ₹18,146/mo |
| ₹6 Lakh | ₹12,411 | ₹1,44,660 | ₹21,774/mo |
| ₹7 Lakh | ₹14,480 | ₹1,68,800 | ₹25,404/mo |
| ₹8 Lakh | ₹16,549 | ₹1,92,940 | ₹29,034/mo |
| ₹9 Lakh | ₹18,617 | ₹2,17,020 | ₹32,662/mo |
| ₹10 Lakh | ₹20,686 | ₹2,41,160 | ₹36,292/mo |
PNB Car Loan interest rate ranges from 8.85 - 10.30% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
PNB offers a maximum car loan of ₹1 Cr with a tenure of up to 7 years.
The processing fee for PNB Car Loan is 0.50% + GST.
PNB Car Loan prepayment policy: Nil after 12 months for floating.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.