PNB Festival Bonanza Offer: The bank is also offering personal loans to common customers at the rate of 8.95 percent, which is the lowest in the industry. The bank has also announced to offer home loan top-up at an attractive interest rate.
During the festive season, state-run Punjab National Bank (PNB) has given a big gift to its customers. PNB has launched a Festival Bonanza Offer for the customers. Under the festive offer, banks are offering their retail products such as Home Loans, Vehicle Loans, Property Loans, Personal Loans, Pension Loans and Gold Loans. ) but waived off all service charges/processing fees and documentation charges.
Punjab National Bank (PNB) is offering loans at affordable interest rates. PNB is giving 6.80 percent interest rate on home loans and 7.15 percent on car loans.
The bank is also giving personal loans to the general public at the rate of 8.95 percent, which is the lowest in the industry. The bank has also announced to offer home loan top-up at an attractive interest rate.
Till when can avail the offer
Customers can avail the exciting offers available till December 31, 2021 through any of the PNB branches across the country or through digital channels.
Despite the impact of the pandemic, PNB remains committed to providing its customers with customized products, incentives and ease of banking services. The bank believes that this will give a boost to the credit portfolio of the customers and increase the customer spending.
Explain that in the festive offer, the bank has removed bank service charges, processing fees, documentation charges from retail products like home loan, vehicle loan, property loan, personal loan, pension loan and gold loan.
These three banks also gave gifts to the customers
Let us tell you that the country’s largest government bank State Bank of India (SBI), Bank of Baroda (Bank of Baroda) and Kotak Mahindra Bank of the private sector have given big gifts to the customers in the festive season.
First of all, Kotak Mahindra Bank reduced the interest rates on home loans while giving a gift to the customers. The bank has reduced the interest rates of home loans by 0.15 percent. Home loan rates have come down by 0.15 per cent to 6.50 per cent. The new rates will be applicable from September 10.
After this, on Thursday, State Bank of India (SBI) has introduced the Festive Bonanza offer. SBI has introduced Credit Score Linked Home Loan to provide easy loan to home buyers during the festive season. In this, customers will get a home loan at an initial interest rate of just 6.70 percent per annum, with no limit on the loan amount. SBI has completely waived processing fees for home loans.
Now Bank of Baroda has announced retail loan offers ahead of the festive season. This offer is applicable for Home Loan and Car Loan products. BOB has given a discount of 0.25 percent on the current interest rates of home and car loans. Apart from this, the bank is also giving a waiver of processing fee in the home loan.
After the reduction in interest rates, now the home loan rates in Bank of Baroda will start from 6.75 percent and the car loan rates will start from 7 percent. The bank said in a statement, customers can also apply for the loan from the bank’s website and mobile app for quick approval of the loan. Also doorstep service is also available.
