Punjab National Bank (PNB) is set to organize a Housing Loan & Surya Ghar Loan Expo on February 7-8, 2025, at T.O.P Ground, near Kadru Hanuman Mandir, Ranchi.
Praveen Kumar Srivastava, Head of PNB, Circle Office, Ranchi, said that this expo is specifically being organized to facilitate individuals interested in availing home loans for house construction and loans under the Surya Ghar Scheme for installing solar power plants on rooftops. The event will provide detailed information on loan schemes and interest rates.
He further mentioned that Punjab National Bank offers housing loans at an interest rate of 8.40% and loans for rooftop solar power plants under the Surya Ghar Scheme at an interest rate of 7%. During the expo, such loans will be approved quickly, with special offers and discounts available. Visitors can also receive expert consultation from bank officials and financial specialists.
The Circle Head emphasized the main features of the housing loan schemes, which include: Minimum interest rate of 8.40%, Six types of housing loan schemes: Housing Loan for the General Public, PNB Gen-Next Housing Loan for IT Professionals, Young Executives, etc. PNB Max Saver: Housing Loan in OD Form for the General Public
Top-up (OD/TL) Loan up to ₹1 crore for Housing Loan Customers’ Personal Needs, Housing Loan for Non-Resident Indians (NRIs), Composite Loan for Plot Purchase & Construction, Loan up to ₹50 lakh for house renovation/improvement, Minimum margin: 15% (for loans up to ₹30 lakh), Maximum loan tenure: 360 months (30 years), Maximum EMI amount up to 80% of the total annual salary, Processing fee concessions for government employees, 50% discount on legal and valuation charges for takeover housing loans
PNB-approved projects: 42 reputed projects in Ranchi
The primary objective of this expo is to provide financial assistance to customers in purchasing their dream homes and installing solar power plants. Senior bank officials and loan specialists will be available on-site to assist in completing the loan formalities.
For more information, interested individuals can visit their nearest Punjab National Bank branch.