PNB LAUNCHES ‘FESTIVAL SEASON BONANZA OFFER – 2013-14’
PNB LAUNCHES ‘FESTIVAL SEASON BONANZA OFFER – 2013-14’
On Retail Loans upto 31.01.2014
Punjab National Bank announces a series of new schemes with the onset of Festival Season for Retail Loans by way of offering full waiver of processing fee on Housing, Car, Two-Wheeler and Personal Loans for purchase of Consumer Durables. Further, Rate of Interest on Car Loans slashed to 10.65% on Fixed basis, ROI on Two-Wheeler loans slashed to 12.25% on Fixed Rate basis and Rate of Interest on Personal Loans for purchase of Consumer Durables slashed to 12.75% on Fixed basis. These rates are lesser by 1% to 2.50% from the existing floating rates.
The Offer is valid upto 31.01.2014.
The detail of offerings during the FESTIVAL SEASON BONANZA OFFER – 2013-14 are as under:
Housing Loan:
Rate of Interest 10.25% upto Rs.75 lac and 10.50% above Rs.75 lac.
Full waiver of upfront fee and Documentation charges.
Car Loan:
Car Loan at 10.65% (Fixed)
Full waiver of Upfront fee & Documentation Charges
Finance to the extent of 100% of ex-showroom price of Car.
Two-Wheeler Loan
Two Wheeler Loan at 12.25% (Fixed) for only for those prospective Borrowers whose salary is being disbursed through the financing branch/ under check-off facility.
Full waiver of Upfront fee & Documentation Charges
Personal Loan for Purchase of Consumer Durable
Loan for purchase of consumer durables at 12.75 (Fixed) for salaried people whose salary is being disbursed through our Branches or employees who avail loan under check-off facility.
Loan upto Rs.5 lac for purchase of consumer durables and furnishing of the existing fully constructed flat/house at fixed rate of interest of 10.50%.
Full waiver of Upfront fee & Documentation Charges