🇮🇳 PNB & PNB Housing Suite

PNB Home Loan Prepayment Calculator

Calculate your exact interest savings, reduced tenure, and part-prepayment amortization for Punjab National Bank (PNB) & PNB Housing Finance loans.

PNB Loan & Prepayment Inputs

Loan Outstanding Balance₹ INR

₹

₹ 35.00 Lakhs

Interest Rate (RLLR)% p.a.

TenureYears

Extra Monthly Payment₹ / month

₹

Lump-Sum Part Payment₹ (One-Time)

₹

Mo #

Annual EMI Step-Up %Salary Hike Strategy

%/yr

Total Interest Saved

₹ 0

You save 0% of PNB interest!

Time Saved

0 yrs

Payoff in Month 0

Monthly EMI

₹ 0

Base Monthly Outflow

Revised Payoff Date

Originally --

Total Amount Paid

₹ 0

Originally ₹ 0

PNB Loan Balance Amortization

Principal Repayment

Amortization Schedule

Interactive breakdown of balance, interest, and prepayment impact

Period	EMI Paid	Principal Paid	Extra Prepayment	Interest Paid	Total Payment	Remaining Balance

PNB Home Loan Prepayment Rules & Maximize Tax Deductions

Prepaying your Punjab National Bank home loan reduces the principal balance immediately. Since interest on PNB loans is calculated on daily reducing balance basis, each prepayment saves compounding interest right from day one.

Tax Tip: Even with prepayments, you can continue claiming tax deductions under Section 24(b) (up to ₹2 Lakhs on interest) and Section 80C (up to ₹1.5 Lakhs on principal) under the Old Tax Regime in India.

Frequently Asked Questions

Are there prepayment charges in PNB Housing Finance?

For individual borrowers with floating rate home loans, PNB Housing Finance charges 0% prepayment penalty and zero foreclosure fees as per National Housing Bank (NHB) and RBI guidelines.

Can I prepay PNB Home Loan online?

Yes, you can initiate part prepayments through PNB One Mobile App, PNB Internet Banking, or PNB Housing Customer Portal via UPI, NEFT, or NetBanking.

What is the minimum part prepayment amount in PNB?

Usually, PNB accepts part prepayments starting from ₹10,000 or the equivalent of 1 monthly EMI.