| Scheme Name | MoU with Army Group Insurance Fund (AGIF) |
| Target Beneficiaries | Members of Army Group Insurance Fund (AGIF) |
| Main Purpose | To provide housing-loan facilities to eligible AGIF members through a combination of PNB and AGIF loans |
| Scheme-I | Housing Loan under PMAY – Primary Loan by PNB + Top-up Loan by AGIF |
| Scheme-I Benefit | Helps AGIF members avail the subsidy available under PMAY |
| Scheme-I – EWS Loan Amount | ₹6 lakh |
| Scheme-I – LIG Loan Amount | ₹9 lakh |
| Scheme-I – MIG-I Loan Amount | ₹9 lakh |
| Scheme-I – MIG-II Loan Amount | ₹12 lakh |
| Scheme-I Rate of Interest | As applicable under Housing Loan for PNB Pride |
| Scheme-II | Primary Loan by AGIF + Top-up Loan by PNB |
| Scheme-II – PNB Top-up Loan | Up to ₹20 lakh |
| Scheme-II Rate of Interest | As applicable under Housing Loan for PNB Pride |
| Scheme-III | AGIF provides House Building Advance to its members during active Army service, while PNB takes over the remaining outstanding loan after AGIF’s loan period |
| Scheme-III – AGIF Loan Tenure | AGIF will grant the loan for 20 years |
| Scheme-III – Takeover by PNB | PNB will take over the outstanding balance for the remaining loan tenure |
| Scheme-III – Rate of Interest | Rate applicable at the time of takeover by PNB |
| Processing Charges | Full waiver |
| Documentation Charges | Full waiver |
| Key Benefit | Allows Army personnel who are AGIF members to structure housing finance through AGIF and PNB, including top-up and takeover arrangements |
| Important Note | Scheme-I, II and III have different loan structures. Eligibility and sanction remain subject to the applicable AGIF and PNB rules. |
| Page Last Updated | 12 February 2025 |
