PNB Monsoon Bonanza 2025: For those considering buying a house and seeking a home loan, this news is for you. You can go to the country’s largest government bank, Punjab National Bank (PNB), to get a home loan. That is, you can take a home loan from PNB. PNB Bank is offering a great deal to its customers, under which a home loan can be taken with a zero processing fee and a low interest rate.
PNB Monsoon Bonanza 2025
PNB Bank has started PNB Monsoon Bonanza 2025 for its customers. Under this, home loan, car loan and other loans can be taken at a low interest rate. This offer will take effect from July 1, 2025. Its benefit can be availed only till 30 September 2025.
Under the PNB Monsoon Bonanza 2025 offer, there will be zero processing fee on the loan. Additionally, the documentation charge will also be waived. However, this discount is only available on loans exceeding Rs 50 lakh. In this, the interest rate on the loan will be reduced by 0.05 per cent.
Interest rates on home loans in PNB
For your information, let us tell you that PNB’s 1-year MCLR has reached 8.90 per cent from 8.95 per cent. In this case, the MCLR for a 3-year term is 9.20 per cent. There has been a reduction in MCLR this month. After this, the interest rates of the bank’s home loan have come down.