Punjab Gramin Bank Reduces Rate of Interest on Housing Loan

Author(s): City Air NewsKapurthala, September 28, 2015: Punjab Gramin Bank, a leading rural bank of Punjab, serving more than 16 lakh customers across Punjab, has today reduced his ‘Rate of Interest’ on housing loan. Giving this information,...

Punjab Gramin Bank Reduces Rate of Interest on Housing Loan
Author(s): 
Kapurthala, September 28, 2015: Punjab Gramin Bank, a leading rural bank of Punjab, serving more than 16 lakh customers across Punjab, has today reduced his ‘Rate of Interest’ on housing loan.
Giving this information, the Chairman of the Bank, Sh.Arun Shrma has further added that Bank will now charge 9.95% yearly rate of interest on the housing loan and for the women beneficiaries this rate of interest will be 9.90%. This rate of interest was 10.25% yearly for the amount of housing loan up to Rs. 75 lakh and for the loan amount above Rs. 75 lakh the rate of interest was 10.75% yearly.
These new rate of interest are applicable from 25.09.2015.
 
Date: 
Monday, September 28, 2015