Loan can also be taken through mobile app and digital medium, processing fee has also been waived by Punjab National Bank
Bank of Baroda has announced relaxation in interest rates on home loans and car loans in view of the festive season. Earlier, State Bank of India had also announced a cut in home loan interest rates. Bank of Broad has said that it will offer a discount of 0.25 per cent on existing home loans and car loans. The bank has also announced a waiver of home loan processing fees. The bank has introduced an interest rate of 6.75 percent on home loans and 7 percent on car loans.
With the festive season approaching, Punjab National Bank has launched the Festival Bonanza offer for the customers. As part of the festival offer, the bank has waived service charge and document tax on its retail products such as home loan, car loan, property loan, personal loan, pension loan, gold loan. PNB is now offering loans at 6.80 per cent on home loans and 7.15 per cent on cars. The bank has announced top-up home loans at attractive interest rates. Customers will be able to avail this offer through any PNB branch or digital channel across the country till December 31, 2021.