Fixed Rate Home Loan – Avoid Losses due to Interest Rate Changes
Move to a 10 Year Fixed Rate Home Loan by PNB. Call 9878981166 / 600 11 600
Post 10 years, (fixed rate would automatic get converted into floating rate prevailing at that time for the residual loan amount), though the negative spread in relation to PNBHFR would be fixed at the time of loan sanction. 10 years Fixed rate scheme for Plot purchase is available at 25 basis points higher than home loan slabs.
Customer will have an option to convert an existing loan from Fixed Rate of Interest scheme to a Floating Rate of Interest scheme by paying applicable switch fee, current switch fee is 1% of the outstanding principal loan amount.
Home Loan Part Prepayment Terms: No charges on partial prepayment of home loan upto 25% of the principal outstanding on the first day of any Financial Year, Charges of 2% + Taxes will be applicable to the amount being repaid in excess of 25% of the principal outstanding in any financial year.
Home Loan Full Prepayment Terms: Full prepayment would attract 2% charges plus taxes on the outstanding loan amount, after expiry of fixed rate term, loan would get converted into floating rate and no prepayment charges to be applicable thereafter. Please refer to schedule of charges for details.
Full prepayment and part prepayment charges on Non-home loan shall be applicable as per schedule of charges.
Processing fee would remain same as applicable under floating rate.
PURE 10 Years Fixed- Rate Card
Upto Rs. 50 LacsAbove Rs. 50 Lacs
|Fixed ROI for Salaried and Self-employed professional||Fixed ROI for Self Employed Non-Professional|
Commercial Property Purchase – Loan Against Residential – Property Loan Against Commercial Property – Lease Rental Discounting
|Fixed ROI for 10 yrs|