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Home › Car Loan › Punjab National Bank

Punjab National Bank Car Loan Interest Rate November 2026

Updated 2 November 2026Rates from official bank websitesHow we check rates

Punjab National Bank advertises car loan rates starting from 7.9% per annum. For ₹8 lakh over 5 years that is an EMI of about ₹16,183 a month.

Starting rate7.9%per annum
EMI per month₹16,183₹8 lakh, 5 years
Total interest₹1,70,971over the full term
Max tenuren/aas stated by the bank

PNB car loan rates and charges

Starting interest rate7.9% per annum
Applies toCIBIL score 750 or more, or women borrowers; electric cars from 7.85%
Processing feeNot stated on the page we checked
PrepaymentNot stated on the page we checked
Maximum tenureNot stated on the page we checked

Source: Punjab National Bank official page, checked 2 November 2026.

These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.

PNB car loan EMI calculator

Prepayment options (optional): pay extra to finish sooner

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Compare Punjab National Bank with other banks

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Frequently asked questions

What is the Punjab National Bank car loan interest rate?

Punjab National Bank's website advertises car loan rates starting from 7.9% per annum (checked 2026-11-02). The rate you get depends on your credit score, income and loan amount.

What is the EMI on a ₹8 lakh car loan from Punjab National Bank?

At the starting rate of 7.9% over 5 years the EMI is about ₹16,183 a month, with total interest of about ₹1,70,971. A higher personal rate would raise this.

What is the processing fee for a Punjab National Bank car loan?

The Punjab National Bank page we checked did not state a processing fee. Please confirm it with the bank's fee schedule before applying.

Does Punjab National Bank charge prepayment charges on a car loan?

The page we checked did not state prepayment terms. Please confirm with the bank.

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