Punjab National Bank Pradhan Mantri Awas Yojna Housing Scheme
Punjab National Bank PMAY – Check Documents, Subsidy Scheme, Interest Rates, Loan Amount, EMI, Processing Fees, Eligibility, Disbursement Process of Punjab National Bank at deal4loans.
Punjab National Bank : With the help of Pradhan Mantri Awas Yojna, housing scheme, Punjab National Bank has assisted many economically backward people to sanction loan in order to purchase or contruct new houses. Introduced by the Government of India, this scheme aims to facilitate families with houses. So, many of the Indians are still homeless or staying in a rented house because they could not afford a house but with PMAY(Pradhan Mantri Awas Yojana) these lower class people could think of affording a house of their own. There are no processing fee or documentation charges levied under this scheme.
Features
6.90% – 8.70% |
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Interest Subsidy |
6.5% for a time period of 15 years |
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Ambition |
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Coverage |
This scheme shall cover all 4041 statutory town as per census 2011. |
Beneficiary Family |
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The maximum loan amount disbursed is Rs 30 lacs. |
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You can repay the loan amount within a maximum period of 15 years including meratorium period, whichever is earlier. |
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Equitable or Registered Mortgage of the property purchased under this scheme. |
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Margin |
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Disbursement |
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