To meet the aspirations of public during festival season, Punjab
National Bank has launched “PNB Festival Season Bonanza Offer 2009”.
This is in continuation of several measures initiated by the Bank in the
recent past to make its Retail Lending Schemes “Customer Friendly".
Under the Offer, Housing Loans upto Rs.30 lacs will be available at
discounted Rate of Interest of 8.50% under fixed interest rate option (fixed
for three years) across all repayment tenors, besides full waiver of
Processing (upfront) Fee and Documentation charges. Margin also
stands reduced to 15% for housing loans upto Rs.20 lacs.
A rebate of 0.50% p.a. in rate of interest is also offered to prospective Car
Loan borrowers under Fixed Option.
The Offer will be valid from 14.08.2009 to 31.10.2009.
It is expected that the public will be availing the facility enthusiastically.
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