Excelsior Correspondent
JAMMU, July 22: Punjab National Bank (PNB) has launched a promotional Monsoon Bonanza offer by offering various relaxations under education, housing and car loan schemes.
The scheme was declared open by Bikram Singh Raina, Circle Head, Punjab National Bank, Jammu circle at a press conference at circle office here today. The salient feature of the “PNB Monsoon Bonanza Offer” is that upfront/processing fees and documentation charges have been waived under education loan, housing loan and car loan schemes for the loans sanctioned from July 1, 2016 to September 30, 2016, he informed.
Mr Raina further added that Bank is offering retail loans on very competitive rate of interest. He disclosed that to provide support to meritorious students for pursuing higher education, bank has launched “PNB Edu Bonanza”. He informed that Bank is providing Education loan under different schemes to students for studying in India and abroad. “Under this Bonanza, Bank is offering full waiver of upfront/processing fees and documentation charges in education loans for studies in India only under PNB Saraswati & PNB Pratibha schemes,” he added.
Bank is organizing Education loan camps in the premier educational institutions to sensitize the students about the Education loan schemes of the bank, he informed.
Pawan Kohli, Assistant General Manager, Subhash Chander and Raj Kumar Gupta, Chief Manager, circle office Jammu were present at the function.