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Punjab National Bank offers Festival Bonanza Offer for Housing and Car LoansPosted in Car Loans, Home Loans, Uncategorized by Ram Vishnu September 12, 2009. Punjab National Bank, a public sector bank in India, has announced a festival bonanza offer reducing housing and car loan interest rates until October 31, 2009. Under this scheme, home loans upto Rs. 30 lacs will be offered a fixed interest rate of 8.50% for the first 3 years of the loan repayment period. Full waiver of documentation and processing fees also come with this scheme. Margin for housing loans upto Rs. 20 lacs stands reduced to 15%. This means that you can get a loan for upto 85% of the cost of the house you would like to purchase as appraised by PNB. PNB is also offering a reduction of 0.50% for car loans under fixed rate option. CommentsLeave a Reply |
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