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PNB has introduced a scheme for property owners having their properties situated in Metro/Urban/ Semi Urban/rural centres and who have let out such properties.
Property Owners having their properties situated in metro, urban, semi-urban and rural areas who have leased out such properties to the following:
(i) Public Sector Undertakings / Govt. / Semi / State Govt. & reputed corporates, Banks, Financial Institutions, Insurance Companies and Multinational Companies.
(ii) Reputed private schools/colleges (approved by/affiliated to State Board/University/ AICTE/ any other Govt. body).
(iii) Reputed private hospitals/ nursing homes.
(iv) Franchisees/dealers/distributors of reputed corporates
The amount of lease rentals is to be considered net of TDS, GST or any other tax, wherever applicable, for arriving at the eligible amount.
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Normally, Maximum repayment period under the scheme be allowed to 120 monthly instalments and the same be extended to maximum 144 months, subject to the availability of unexpired lease period.
0.70% of the loan amount + GST
Rs.270/- upto Rs.2 Lac + GST
Rs.450/- over Rs.2 Lac + GST
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