Punjab National Home Loan offers home loans for multiple reasons, the construction of a new house or apartment, the purchase of a built house or the renovation of an existing one. You can choose one of the tailor-made options with regard to your plans.
For repayment you can choose between a fixed interest rate or a variable one. Both options offered are quite beneficial with reasonable rates starting from 8.65%. For monthly cost details, you can figure your home loan’s monthly instalment on the website of PNHL using the online calculation tool.
For those working for the government, this loan comes with special benefits.
Advantages:
Current Interest Rates:
Who can apply?
This home loan is available for individuals who will be younger than 70 years old by the end of the loan and wish to spend the money on the acquisition of a house.
Good to know:
To be able to benefit from this home loan applicants need to provide 10% of the value of the new property.
Who is PNB Housing Finance?
Punjab National Bank Housing Finance, based in New Delhi, is one of the leading lenders for home loans with 30 years’ experience. It is supported by the public bank Punjab National Bank and provides a portfolio of housing and property loans.
