New Delhi:

The bank has launched PNB NIRMAAN 2025 to attract people planning to take loans for purchase of homes, cars and students seeking financial assistance. The benefits of the time bound campaign are as follows:

Punjab National Bank (PNB), one of the prominent public sector banks in the country, has launched a special retail loan campaign, ‘PNB NIRMAAN 2025’. The bank is aiming at making home and car ownership more affordable for its customers. The press release from the lender informed that the campaign is available across all PNB branches and digital platforms – PNB One app and official portal.

PNB will not incur any charge on processing and documentation on home and car loans.
The bank will levy charges on No Encumbrance Certificate, legal, and valuation fees for home loan takeovers above a specified amount
In addition to these benefits, the bank will provide 5 basis point interest rate concessions on home, car, and education loans, subject to applicable terms and conditions, it added.

After the Reserve Bank of India (RBI) announced a repo rate cut, several banks have cut the loan rates.

PNB Marginal Cost of Funds based Lending Rate with effect effective from April 1, 2025:

PNB offers several types of loans like 

Housing Loans category: Housing Loan for Public, Digi Housing Loan, Housing Loan for PNB Pride Customers

Personal Loans Category: Personal Loan Scheme For Public, PNB “Swaagat” – New to Bank, Pre Approved Personal Loans

Miscellaneous: Time Norms for Sanction of Retail Loans, PNB my Property Loan, Check List
Online Overdraft Facility

Education Loans category
Digital Education Loan
PNB Saraswati
PNB Pratibha
PNB Kaushal

Vehicle Loans category
Digi Car Loan
Car Loan for PNB Pride Customers
PNB Car Loan For Public
PNB power ride` scheme for financing two wheelers to women

Gold Loan catgeory
Scheme For Advance Against Gold Jewellery/Gold Ornaments
Scheme For Advance Against Sovereign Gold Bonds
Digi Gold Loan

Read More:

EU hits Apple and Meta with fines; Why US is angry about it