Punjab national bank home loan offers complete home loan solutions at competitive rates. These home loan solutions of PNB are structured as per the needs of the Indian customers.
Brief note on Punjab national bank home loan
Punjab National Bank (PNB), the leading Indian public sector bank has been a pioneer in facilitating home loans to the burgeoning middle class Indians. Punjab national bank home loan solutions are tailor made to suit the needs of the Indians. The home loans offered by Punjab National Bank are easy to avail and are offered at competitive rate of interest. Further, these Home Loan Solutions of PNB offer easy repayment schemes over predetermined repayment tenure, as fixed during the agreement. Furthermore, these home loans of PNB come with life insurance cover for the buyer. Security by a way of mortgage is being charged amounting to 125% of the loan applied for.
Punjab national bank home loan are offered for the following purposes
- Construction or purchase of residential flat or house.
- Repairing, extending, renovating and even modification of existing residential flat or house.
Some features of Punjab national bank home loan solutions
- Up to 75% of the cost of construction of house or purchase of flat or house is being provided.
- Up to 75% or Rs. 20 lakh of the cost of repairing, extending, renovating and modification of flat or house is being provided.
- Up to Rs. 20 lakh is being facilitated for purchase of land meant for the purpose of construction of house.
- Up to Rs. 20 lakh is being facilitated for the purpose of furnishing.
