Loans for construction or for purchase of house/flat from development authorities such as DDA/ GDA/ HUDA/ PUDA/ RHB etc. and also from private builders/ group housing societies as well as for renovation/ repairs. PNBHFL also provide finance for construction of residential projects.
Loans to NRIs for purchase/ construction of house/ flat along with a resident/ non-resident co-borrower. A special facility of Line of Credit for Corporate bodies. Loans for repairs and upgradation under 'Ghar Sudhar Yojana'.

We also accept deposits from the public under fixed deposit & cumulative deposit schemes. PNBHFL is a wholly owned subsidiary of Punjab National Bank. If you are a non resident Indian holding an Indian Passport, the PNBHFL offers you loans for purchase/construction of a residential property in India.

If you intend to purchase a constructed dwelling unit from a person or from a development authority, reputed private builder, or if you are a member of an approved society, or if you own a plot of land on which you intend to construct a house, then you can avail of a housing loan from our company.

• NO TAX TO BE DEDUCTED AT SOURCE (TDS) ON INTEREST INCOME UPTO Rs 10,000 IN A FINANCIAL YEAR.
  
• Interest cheques to be sent in advance for every financial year.
  
• Interest up to Rs 12000 qualifies for deduction u/s 80L of the Income Tax Act
  
• Loan facility up to 75% of deposit from all branches of the company and of Punjab National Bank on their terms and conditions.
  
• Encashment of cheques in respect of interest and repayment of deposits AT PAR by selected branches of PNB.
  
• D.D. for investment in deposits will be issued AT PAR by all branches of PNB.
  
• Encashment of cheques in respect of interest and repayment of deposits AT PAR by all branches of PNB.
  
• Premature cancellation allowed as per the scheme of the company.