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Punjab National Bank vs Union Bank of India Loan Against Property
Punjab National Bank advertises the lower starting rate (9.2% vs 9.3%). On ₹50 lakh over 15 years that is about ₹53,925 less interest, or ₹300 less per month, at the starting rates.
| PNB | Union Bank | |
|---|---|---|
| Starting interest rate | 9.2% | 9.3% |
| EMI for ₹50 lakh, 15 years | ₹51,310 | ₹51,610 |
| Total interest | ₹42,35,787 | ₹42,89,712 |
| Processing fee | Not stated | Not stated |
| Prepayment | Not stated | Not stated |
| Maximum tenure | - | - |
Source: Punjab National Bank official page, checked 2 November 2026.
Source: Union Bank of India 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.
Frequently asked questions
Which is cheaper, PNB or Union Bank loan against property?
Punjab National Bank advertises the lower starting rate (9.2% vs 9.3%). On ₹50 lakh over 15 years that is about ₹53,925 less interest, or ₹300 less per month, at the starting rates. Your actual rate may differ from the starting rate.