What is PNB Home Loan EMI Calculator ?
The PNB Home Loan EMI Calculator is an easy to use financial tool to estimate the EMI form home loans. it takes into account some key factors, such as the home loan amount, interest rate and tenure to calculator the monthly repayment schedule.
How to Calculate PNB Home Loan EMI ?
the PNB Bank home Laon EMI Calculator can Provide the estimated value of EMI through few simple Steps.
You need to enter a few key details such as the loan amount, he interest rate and the loan tenure and the calculator will dispaly the the estimated EMI Amount that a borrower will be required to pay over the loan tenure.
Let’s have a look at the different EMI values a borrower will have to pay for a specific examples. let’s assume that an individual is looking for a home loan from PNB bank. the interest rate offered is 8.5 % here’s look at how the EMIs will Change for a borrower depending on the choosen loan amount and the tenure.
PNB Home Loan EMI Calculation Fomula
Formula is :
EMI = [ P × R × ( 1 + R ) ^ N ] / ] ( 1 + R ) ^ N – 1 ]
In Which
P = Loan Amount
R = Rate of Interest
N = Loan Duration
How to Use PNB Home Loan Calculator ?
Home Loan EMI Calculator steps :
- Visit the officail Website Click here.
- Enter desired loan amount, tenure and rate of interest by entering details.
EMI Calculated in an instant, it will also display the overall interest to be paid for the given tenure.
Conclusion : PNB Housing Finance Limited is an Indian housing finance company registered with National Housing Bank. It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is part of Punjab National Bank.
What is the Interest Rate of PNB House Loan in 2025 ?
8.50 %
PNB Home Loan is Good.
Yes ! Of course