Interest Rates 2018469 views
- PNB HFL home loan rates ranging from 9.00% - 13.00% for a new home loan.
- The processing fee applicable on PNB HFL home loans are fixed.
What makes one housing loan different from another is the interest rate. PNB housing finance company is a renowned name in the industry and there are many reasons behind it. The housing finance company gives fund for various purposes and rates are subject to change from one scheme to another. Both salaried and self-employed professionals can apply for the loan. As of now, let us talk about the home loan interest rates and other charges related to PNB HFL.
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Table of Contents
PNBHFL Home Loan Interest Rates December 2018
The below includes the most important details of PNB housing loan. With the help of these, you will understand the home loan offered by PNBHFL in a better way.
|Interest Rate||9.00% - 13.00%|
|Loan Amount||75%-90% of the market value|
|Tenure||Up to 30 years|
|Processing Fees||₹10,000 plus GST|
Is the rate offered by PNB HFL fixed or floating?
The rates offered by PNB HFL are both fixed and floating. The floating rate of interest is given in the above and fixed home loan rates start from 9.25% per annum for salaried and self-employed professionals. Whereas, for self-employed non-professionals, the rates start from 9.50% per annum.
What is the effective interest rate for PNB HFL home loans under PMAY?
The effective interest rate of 2.63% post PMAY is applicable for those who are eligible under Pradhan Mantri Awas Yojana (PMAY) Credit Linked Subsidy Scheme (CLSS). The eligibility for this scheme is different for MIG – I and MIG – II. So, if you are eligible for this scheme, you can apply at PNBHFL.