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
