How to Apply for PNB ₹3 Lakh Instant Loan?

If you need an instant loan of up to ₹ 3 lakh, then Punjab National Bank (PNB) has announced a new facility. From March 1, 2025, PNB will provide digital loans up to ₹ 3 lakh to its customers with faster approval and less documentation.

Under this new scheme, after verification with just Aadhaar and PAN card, the loan will be approved in minutes and the money will be transferred directly to the bank account.

In this article, we will tell you in detail about the features, eligibility, application process and interest rate of PNB ₹ 3 Lakh Instant Loan.

Key Features of PNB ₹3 Lakh Instant Loan

✅ Loan Amount: ₹50,000 to ₹3,00,000
✅ Interest Rate: 10% to 18% (as per bank policy)
✅ Loan Tenure: 6 months to 60 months
✅ No guarantee required (Unsecured Loan)
✅ Processing Fee: 1% to 2%
✅ Loan Approval: Within 10 to 15 minutes

Eligibility for PNB ₹3 Lakh Loan

If you want to apply for this loan, you must fulfill these conditions:

✔ Age: Between 21 to 60 years
✔ Job/Business: Salaried or Self-employed person
✔ CIBIL Score: 700+ (Application possible even with lower score)
✔ Must have an account in PNB
✔ Minimum Income: ₹15,000 per month

Required Documents

📌 Aadhar Card (Identity and Address Proof)
📌 PAN Card (For Income Tax and Financial Transactions)
📌 Bank Statement (Last 6 Months)
📌 Income Proof (Salary Slip or ITR)
📌 Passport Size Photo

How to Apply for PNB ₹3 Lakh Instant Loan?

Online Application Process

1️⃣ Visit the official website of PNB
2️⃣ Click on the “Instant Personal Loan” option
3️⃣ Login with your mobile number and bank account details
4️⃣ Do KYC verification with Aadhaar and PAN card
5️⃣ Select loan amount and EMI plan
6️⃣ Loan approval will be received after OTP verification
7️⃣ Money will be transferred to your bank account within 10 minutes

Offline Application Process (Bank Branch Apply)

1️⃣ Visit the nearest PNB bank branch
2️⃣ Fill the loan application form and submit the required documents
3️⃣ Eligibility will be checked by the bank
4️⃣ After loan approval, the money will be transferred to your account

Benefits of taking PNB ₹ 3 Lakh Instant Loan

✔ 100% digital process – loan approval in minutes
✔ No guarantee required – loan without collateral
✔ Low interest rates – starting from just 10%
✔ Flexible EMI plans – 6 to 60 months
✔ Loan only with Aadhaar and PAN card

Things to keep in mind while taking a loan

✔ Apply for a loan only from the official website or app of PNB.
✔ Pay EMI on time, otherwise CIBIL score may be affected.
✔ Understand the loan interest rate and other charges.
✔ Avoid fraud loan apps and unknown calls.

Conclusion

If you need an instant loan of ₹50,000 to ₹3 lakh, then this new facility of PNB Bank can be beneficial for you.

Through this facility, which will be implemented from March 1, 2025, the loan will be approved through a 100% digital process and the money will be transferred to your bank account within minutes.