As part of its festival season offer, Punjab National Bank has waived processing fee, upfront fee and documentation charges on housing and car loans up to January 31, 2014.
On home loans up to Rs 75 lakh and above Rs 75 lakh, the public sector bank will charge 10.25 per cent and 10.50 per cent interest, respectively. The interest rate on car loan is 10.65 per cent (fixed). In a statement, the bank said it will finance 100 per cent of the ex-showroom price of the car.