2023 2024 EduVark > Education Discussion > General Discussion


  #1  
February 4th, 2016, 01:57 PM
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PNB Personal Loan

Hello sir, I am Mohan Deep. I am from New Delhi. I am in Military. I want you to help me by giving me some information about the PNB Personal Loan. Give detail about its eligibility and interest rates.
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  #2  
February 4th, 2016, 02:16 PM
Super Moderator
 
Join Date: Mar 2012
Re: PNB Personal Loan

Punjab National Bank is one of the public sector banks of India.
It was formed in the year 1894.
It’s headquarter is situated in New Delhi, India.
It is one of the big four banks of India.
As you have asked about the PNB personal loan eligibility and rate of interest, I am giving you some information about that

Eligibility:

All permanent Defence Personnel comprising officials of Military Station Headquarters, Border Security Force, Central Reserve Police Force, Central Industrial Security Force, Indo Tibetan Boarder Police, and others can apply for the personal loan.
But, loan request of Defence Personnel, who are due for retirement within next 24 months, may not be entertained.

Confirmed/ permanent employees of Central/State Govt./PSUs and all reputed companies/ Institutions including Schools, Colleges, Universities, autonomous bodies, Hospitals/Nursing Homes, who are either drawing their salary through accounts maintained with PNB branches or these employers agree for check off facility.

Professionally qualified practicing Doctors viz., MBBS, BDS & above having annual income of Rs.4.00 lac and above. Doctors should be taxpayers for the last 3 years.

Rate of Interest

RATE OF INTEREST: For Loans up to Rs.10 lac: Individuals, whose salary is being disbursed through our branches only (including Defence Personnel) Base Rate+3%

For Loans up to Rs.5 lac: Individuals who are availing the loan under check-off facility (including Defence Personnel) Base Rate+5%

For others up to Rs.5 lac Base Rate+6%


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