Fixed Rate Home Loan

Fixed-Rate Home Loan – Avoid Losses due to Interest Rate Changes

Move to a 10 Year Fixed Rate Home Loan by PNB. Call  9878981166  /  600 11 600

Apply For Fixed Rate Home Loan

Post 10 years, (fixed rate would automatically get converted into floating-rate prevailing at that time for the residual loan amount), though the negative spread in relation to PNBHFR would be fixed at the time of loan sanction. Ten years Fixed-rate scheme for Plot purchase is available at 25 basis points higher than home loan slabs.

Customers will have an option to convert an existing loan from a Fixed Rate of Interest scheme to a Floating Rate of Interest scheme by paying an applicable switch fee. The current switch fee is 1% of the outstanding principal loan amount.

Home Loan Part Prepayment Terms: No charges on partial prepayment of Fixed Rate Home Loan up to 25% of the principal outstanding on the first day of any Financial Year, Charges of 2% + Taxes will be applicable to the amount being repaid in excess of 25% of the principal outstanding in any financial year.

Home Loan Full Prepayment Terms: Full prepayment would attract 2% charges plus taxes on the outstanding loan amount. After the Fixed Rate Home Loan expiry, it would get converted into a floating rate, and no prepayment charges to be applicable after that. Please refer to the schedule of charges from Dialabank for details.

Full prepayment and part prepayment charges on Non-home loans shall be applicable as per the schedule of payments.

The processing fee would remain the same as applicable under Fixed Rate Home Loan.

PURE 10 Years Fixed- Rate Card

Upto Rs. 50 LacsAbove Rs. 50 Lacs

Commercial Property Purchase – Loan Against Residential – Property Loan Against Commercial Property – Lease Rental Discounting