PNB launches festive bonanza

NEW DELHI, Oct 8:To meet the sentiments and aspirations� of people, public sector lender Punjab National Bank (PNB)� today announced a series of relaxations and concessions,� including full waiver of processing fee on housing, car and personal loans.Besides, the Bank has also decided to slash the rate of� interest on housing loans up to Rs 75 lakh to 10.50 per cent� per annum, the base rate of the lender, it said in a� statement.Car finance will be made available up to 100 per cent of� ex-showroom price at very competitive rates of 11.5 per cent� to 12 per cent, it said.Personal Loan available up to Rs 5 lakh at very attractive�� interest rates while loans for purchase of consumer durables will be made available at a very attractive rate of interest of 15 per cent with no processing charges, it added.The offer which starts tomorrow will be valid till November 30 this year.(UNI)