PNB disburses loans | india | Hindustan Times
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PNB disburses loans

india Updated: Nov 21, 2006 17:56 IST
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PUNJAB NATIONAL Bank organised a retail lending function at its zonal office here on Monday. On the occasion, loans worth Rs 10.60 crore were disbursed to customers under various retail lending schemes.

The general manager (MP Zone) PNB, N C Jain, handed over the keys of the cars to few customers, who availed car loans from the bank.

Speaking on the occasion, Jain said the PNB by using technology has been providing improved services to its customers.  “We’ve received a good response to our PNB Festival Bonanza Scheme that was launched on September 23 and would continue till December 31.

Under this scheme, we’ve provided 50% discount to processing fees and waived documentation fees,” he mentioned. The bank is also providing discount of 0.25% to 0.50% on various kinds of loans.

The GM said the bank has also been providing discount on annual rent on lockers to new customers.