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Home >> Interst Rates- Loans & Advances >> Retail Rates
 
 
 

LENDING RATE STRUCTURE FOR RETAIL SEGMENT 

 

Term Premium (TP) of 0.50% is to be added where specifically mentioned

 
PNB Festival Season Bonanza Offer- 2014-15 from 25.08.2014 to 31.03.2015. Details are available below on this page and "Whats new Section" :
 
NO-1 Housing Finance to Individuals including NRIs / Flexible Housing scheme @ 
 

S.No.

Scheme Upto < 75 Lacs Rs. 75 Lacs & Above

A. 

Under Floating Rate Option BR BR+0.25%

 B.

Under Fixed Rate Option BR+0.50% BR+0.75%

 C.

Flexible Housing (OD Component) BR BR+.025%

 D.

OD Facility to Existing Housing Loan

Borrowers

BR

BR+0.25%

The aforesaid  rates of interest under floating option will also be applicable in:
  • Existing as well as new accounts in Flexi-Housing scheme (Term Loan component)
  • The fixed rate of interest option of Housing Loans, disbursed on or after 01.08.2006, will be subject to reset clause of five years on all repayment tenors except tenor upto 05 year.
  • Extra 0.50% rate of Interest on card rate will be charged in a/cs in respect of 3rd or subsequent house/flat.
 
 
NO-2: Earnest Money Deposit Scheme
 
BR
 
NO-3: Personal Loan to Pensioners
 
  Less Than 3 yrs 3 Yrs. & above
Demand and Term Loan BR+3.25% BR+2.75%+TP
                   Overdraft BR+3.50%  NA
 
NO-4: Loan against mortgage of Immovable Property
 
Less than 3 yrs
BR+1.25% to BR+5.00% depending on Risk Rating /PNB Score
 

i)   For loans repayable in 3 years & above, Term premium of 0.50% shall be added.

(ii)  Concession in Rate of interest will be given on the basis of realizable value of Immovable property offered as security as given hereunder

 

Available Realizable Value of IP Concession in ROI

Concession in ROI

Above 200% & upto 250% of loan amount 

0.25%

Above 250% & upto 300% of loan amount 

0.50%

Above 300% of loan amount

0.75%

 
NO-5: Car Loan
 
BASE RATE SYSTEM
Parameter
Repayment Period
Interest Rate
A. FLOATING RATE OF INTEREST OPTION: 
1. To individuals/ corporate where PNB Score is 60 & above OR where collateral security is available upto 100% or above in the form of Mortgage of Immovable Property (IP) &/or liquid security for PROSPECTIVE BORROWERS. Up to 7 years BR+0.25%, presently, 10.50%.
2. OTHERS Less than 3 BR+1.00%, presently, 11.25%
3 years & above BR+1.50%, presently, 11.75%
B. FIXED RATE OF INTEREST OPTION:
1. ALL Up to 7 years BR+0.40%, presently, 10.65% (Fixed with a reset clause of 3 years)*.
 
 
NO-6: Two-wheeler Loans (PNB SARTHI) @
 
  Less than 3 yrs 3 yrs & above
Salary is being disbursed through  the concerned branch and/or under check-off facility BR+3.00% BR+3.00%+TP
  Other including Business concern BR+4.00% BR+4.00%+TP

 

 
NO-7: Personal Loan@
 
RATE OF INTEREST:
For Loans up to Rs.10 lac: 
Individuals, whose salary is being disbursed through our branches only (including Defence Personnel)
Base Rate+3% (13.25%)
For Loans up to Rs.5 lac:
Individuals
who are availing the loan under check-off facility (including Defence Personnel)
Base Rate +5% (15.25%)
For others up to Rs.5 lac
Base Rate +6% (16.25%) 
*For Loans above Rs.5 lac and upto Rs.10 lac* for other categories, i.e., applicants not having salary accounts with our Bank irrespective of Check- off facility.

*Base Rate +4%

(14.25%)

 

 

 
NO-8: Education Loan
 
 (A) PNB SARASWATI & PNB KAMGAR
 

 Amount of Loan

Repayable in less than 3 yrs Repayable in 3 yrs & above

Loans upto Rs 4 lac

BR+3.00%
(13.25%) 
BR+2.50%+TP
(13.25%) 
Loans over Rs 4 lac & upto Rs 7.50 lac  BR+4%
(14.25%) 
BR+3.50%+TP
(14.25%) 
Loans over Rs 7.50 lac BR+2.00%*
(12.25%) 
BR+2.00%*
(12.25%) 
*Subject to availability of 100% tangible collateral security
 
 
 (B) PNB Pratibha#

 Amount of Loan

Repayable in less than 3 yrs Repayable in 3 yrs & above

Loans up to Rs 20 lac 

                        BR + 1.00% (11.25%)

# For admission into premier Educational Institutions of the country. For details contact nearby branch.

 
NO-9: Advance against Jewellery & Ornaments
 
a) Productive purposes for Agriculture  
UPTO Rs. 10 Lacs BR+1.50%
b) Productive Purposes (other than agriculture)  BR+2.50%
c) Non-productive purposes Public (Ceiling Rs.10.00 lacs) BR+2.50%
d) Staff (Non-productive purposes) BR+2.50%
 
NO-10: PNB BAGHBAN (Reverse Mortgage Scheme)
 
Reverse Mortgage Scheme for Senior Citizens BR+2.50%
 (Fixed, subject to re-set clause of 05 years)
 
 
 @PNB Festival Season Bonanza Offer- 2014-15” offering various relaxations under Housing, Car, 2-Wheeler and Personal Loan Schemes for the loans sanctioned from 25.08.2014 to 31.03.2015 and disbursed upto 30.04.2015 are as under:

Sl. No.

Scheme

Offer

1

Housing Loan

Upto Rs.5 crore

Above Rs.5 crore

Base Rate, i.e., 10.25% for prospective borrowers. (w.e.f., 10.12.2014)

BR+0.25%, i.e., 10.50%, presently.

2

Two Wheeler Loan

BR+2.00%, i.e., 12.25% for existing as well as prospective borrowers.

3

Personal Loan for purchase of Consumer Durables at Fixed rate of Interest.

BR+2.50%, i.e., 12.75% fixed for 5 years for prospective borrowers only.

4

Personal Loan for purchase of consumer durables for furnishing of the fully constructed flat/house at Fixed rate of Interest.

BR+0.25%, i.e., 10.50% fixed for 5 years for prospective borrowers only

Full waiver of Upfront/ Processing Fee and Documentation Charges under

i) Housing Loan,

ii) Car Loan,

iii) Two- wheeler Loan; &

iv) Personal Loan Schemes for all purposes including Personal Loan for purchase of Consumer Durables and Personal Loan for purchase of consumer durables for furnishing of the fully constructed flat/house.


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