Housing Finance Limited


& OTHER LOANS

  
(A wholly owned subsidiary of Punjab National Bank)
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Revised Interest Rates
Looking to present housing finance scenario and in order to encourage new borrowers to avail housing loan from us, the company has offered discount of 0.50 % on the existing PNBHFR (at present 12.50%) to new customers, as under:
 

Floating Rates of Interest w.e.f 9.2.2008
Applicable to New IHL Customers

Period      Upto Rs. 10 lacs     Above Rs. 10 lacs
Up to 15 years           10.75%
(PNBHFR minus 1.75%)
             10.50%
(PNBHFR minus 2.00%)
16-20 years           11.00%
(PNBHFR minus 1.50%)
             10.75%
(PNBHFR minus 1.75%)
 
In this connection please note that:
1. We offer new home loans now at 0.50% less than the previous rates.
2. The rates of interest in old accounts will remain unaffected.

 

 

 

 

 

Last updated on:12-Feb-2008