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PNB waives processing fee on retail loans: Media Report

By Religare
PNB waives processing fee on retail loans: Media Report
Public-sector lender, Punjab National Bank has waived the processing fee on housing, car, two-wheeler and personal loans, said the media report.

It also revised lending rates on certain retail loans and would now offer car loans at 10.65 per cent (fixed). This offer will be valid up to January 31, 2014, a PNB release said.

The interest rate changes made for certain categories, such as car loans, two-wheelers and consumer durables, are lesser by 1-2.50 per cent from the existing floating rates, said the media report.

Dion Global Solutions Ltd.

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