Bank guide
Punjab National Bank loan settlement — process, waiver range & how Debtrix helps
PNB settlement facts
- Typical waiver range
- 25-50%
- Best results after
- 90+ days past due
- Settlement desk posture
- PNB, Customer Service 1800-180-1800
- PNB settlement requires internal review committee approval
- PSU banks are generally more conservative with settlements
- Documentation must be thorough and notarized
- Settlement offers are valid for 30 days
Waiver ranges above are indicative aggregates. Punjab National Bank decides every settlement individually — no outcome is guaranteed, and we will never promise a number to win your business.
The process
How a PNB settlement runs with Debtrix
- 1
Visit PNB's portal or nearest branch
- 2
Fill the settlement application form
- 3
Submit required documents and financial proof
- 4
Wait for the bank's review committee decision
- 5
Accept the offer and make the settlement payment
- 6
Receive NOC and account closure letter
Documents
PNB settlement document checklist
Verified letters
Punjab National Bank settlement letters
Name, loan number, and amount redacted.
FAQ
PNB settlement questions
How much settlement does PNB offer?
PNB typically offers 25-50% waiver, depending on the loan type and outstanding amount.
Can I apply for PNB settlement online?
PNB offers online settlement applications through their internet banking portal.
What is the timeline for PNB loan settlement?
PNB settlement takes 45-90 days due to the review committee process.
Does PNB require a lump sum payment for settlement?
PNB typically requires lump sum settlement, but may consider instalment plans in special cases.
Will PNB release my collateral after settlement?
Yes, upon settlement, PNB releases all liens on collateral property.