New Delhi, May 09, 2020: PNB Housing Finance Limited, 4th largest Housing Finance Company in India, has reduced its retail lending rates including individual home loan and loan against property by 15 basis points with effect from 9th May 2020. This benefit is provided to all its existing retail customers who have availed the loan before February 2020 on floating rates and will provide support and relief to them in the wake of Covid-19 lockdown.
Mr. Neeraj Vyas, Managing Director and CEO, PNB Housing commented, “We welcome RBI’s policy rate cuts by 75 bps. We are confident that the rate cut along with the three months of moratorium will ease the debt burden of the retail customers and stimulate healthy growth sentiment while confronting the unprecedented pandemic. We have decided to take this initiative to help our customers to overcome this pandemic and drive growth in the housing sector. With this over 2.35 lakh customers of our Company will be positively impacted irrespective of their base loan amount.”
Corporate Comm India (CCI Newswire)
New Delhi, November 21, 2024: Over the years, Delhi-NCR has emerged as a hotspot for…
~ The Company strengthens the product portfolio with the launch of innovative & ‘Made in…
- NAREDCO Maharashtra and 1 Finance Unveils Comprehensive Study on Mumbai's Real Estate Landscape -…
The announcement marks a major step in offering Flexible Grade-A Office Solutions for Modern Businesses…
Considered as hot investment opportunity for the real estate enthusiasts, Studio apartments present several advantages…
New Delhi, November 18, 2024: As Indian cities grapple with rapid urbanization, evolving lifestyles, and…