SBI vs PNB Loan Against Property, 2026.
Reviewed by Jay Patel· Last reviewed: stale
A ledger-columns read on State Bank of India and Punjab National Bank— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
SBI vs PNB — Loan Against Property Comparison
Key parameters compared side by side.
| Parameter | SBI | PNB |
|---|---|---|
| Interest Rate (p.a.) | 8.75% – 10.5% | 8.9% – 10.9% |
| Processing Fee | 0.50% (max Rs 50,000) | 0.50% (max Rs 50,000) |
| Max Loan Amount | Rs 7.5 Cr | Rs 5 Cr |
| Max Tenure | 15 Years | 15 Years |
| Bank Type | Public Sector | Public Sector |
| Founded | 1955 | 1894 |
| Headquarters | Mumbai | New Delhi |
Interest Rate (p.a.)
SBI
8.75% – 10.5%
PNB
8.9% – 10.9%
Lower/better: SBI
Processing Fee
SBI
0.50% (max Rs 50,000)
PNB
0.50% (max Rs 50,000)
Max Loan Amount
SBI
Rs 7.5 Cr
PNB
Rs 5 Cr
Lower/better: SBI
Max Tenure
SBI
15 Years
PNB
15 Years
Bank Type
SBI
Public Sector
PNB
Public Sector
Founded
SBI
1955
PNB
1894
Headquarters
SBI
Mumbai
PNB
New Delhi
Rates as of April 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 30 Lakh LAP for 15 years at each bank's lowest rate.
SBI
PNB
Savings: Choosing SBI saves you approximately ₹267 per month, or ₹48,060 in total interest over the loan tenure.
Feature Comparison
Key features offered by SBI and PNB for loan against property.
| Feature | SBI | PNB |
|---|---|---|
| Up to 65% LTV | ||
| Overdraft facility available | ||
| Residential & commercial property accepted | ||
| No foreclosure charges | ||
| Up to 60% LTV | ||
| Competitive PSU bank rates | ||
| Rural property also accepted | ||
| No prepayment charges |
Up to 65% LTV
Overdraft facility available
Residential & commercial property accepted
No foreclosure charges
Up to 60% LTV
Competitive PSU bank rates
Rural property also accepted
No prepayment charges
Which Is Better — SBI or PNB?
It depends on your priorities. Here is a quick guide.
Choose SBI If...
- Lower starting interest rate (8.75% vs 8.9%)
- Higher max loan amount (Rs 7.5 Cr vs 5 Cr)
- Government-backed (public sector bank)
- Lower maximum rate (10.5% vs 10.9%)
Choose PNB If...
- Government-backed (public sector bank)
Still unsure? Contact Money Matrix Hub for a free personalised recommendation based on your income, credit score, and loan requirement.
Eligibility Comparison
General eligibility criteria for loan against property at both banks.
SBI Eligibility
- Property must be free from encumbrance
- CIBIL score: 650+ preferred
- Salaried or self-employed applicants
- Min income: Rs 25,000 per month
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
PNB Eligibility
- Property must be free from encumbrance
- CIBIL score: 650+ preferred
- Salaried or self-employed applicants
- Min income: Rs 25,000 per month
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about SBI vs PNB loan against property.
Which bank has a lower loan against property interest rate in 2026 — SBI or PNB?
SBI currently offers a lower starting rate of 8.75% p.a. for loan against property. However, the actual rate you receive depends on your credit score, income, and loan amount. Money Matrix Hub can help you get the best negotiated rate from both banks.
What is the maximum loan against property amount I can get from SBI vs PNB?
SBI offers a higher maximum loan amount of up to Rs 7.5 Cr. SBI offers up to Rs 7.5 Cr while PNB offers up to Rs 5 Cr for loan against property.
Which bank charges a lower processing fee for loan against property — SBI or PNB?
SBI charges a processing fee of 0.50% (max Rs 50,000), while PNB charges 0.50% (max Rs 50,000). Processing fees are often negotiable, and Money Matrix Hub can help waive or reduce these charges.
Should I choose SBI or PNB for loan against property in 2026?
The best choice depends on your specific needs. SBI offers rates from 8.75%–10.5% with a max tenure of 15 years, while PNB offers 8.9%–10.9% with 15 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a loan against property from both SBI and PNB?
Yes. Money Matrix Hub is an authorised DSA partner for both SBI and PNB. We can submit parallel applications at no extra cost and help you pick the best sanction offer. Our service is 100% free for borrowers.
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