Punjab National Bank Loan Offer: Punjab National Bank (PNB) has changed the interest rates of home loan, car loan, personal loan and education loan. The new rates have come into force from 10 February 2025. The decision has been taken after the RBI (RBI) repo rate cut after a cut of 25 basis points (BPS), reducing the repo rate from 6.50% to 6.25%. PNB said on 20 February 2025 that bank customers have adjusted their rates according to the changing conditions of the current market. Apart from this, the bank is also offering special offers to customers till 31 March.
Attractive offer on home loan
PNB is now offering home loan at an initial interest rate of 8.15% annually.
No processing fees and documentation charge (till 31 March 2025).
You will get a chance to pay a maximum of 30 years.
There are also options available to increase the overdraft facility, moratorium period and eligibility.
Special discounts on car loans – PNB has also cut the interest rates of car loan.
Pnb digi car loan: Starting 8.50% annual rate, EMI ₹ 1,240 per lakh. Maximum loan money will be Rs 20 lakh.
PNB Car Loan: New and old trains will get interest at the rate of 8.50%.
PNB Green Car (e-vehicle) loan: There will be an annual interest rate of 8.45% to promote environmentally friendly vehicles.
New rates of PNB will give customers affordable and convenient loan options, making home and auto finance easier.
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