In the spirit of Diwali 2023, three major banks in India, Punjab National Bank (PNB), State Bank of India (SBI), and Bank of Baroda (BoB), have introduced special offers on home and car loans.
Read on to discover the attractive deals they have in store for you.
Punjab National Bank’s Diwali Offer
Punjab National Bank is celebrating Diwali with a bang by offering customers attractive deals:
Home Loan: An initial rate as low as 8.4% with no processing fees or documentation charges.
Car Loan: A competitive initial rate of 8.75% with exemptions on processing fees and documentation charges.
This is the perfect opportunity to apply for a home or car loan from Punjab National Bank and enhance your festive celebrations.
Special State Bank of India (SBI) Campaign
SBI’s special festival campaign, running from September 1st to December 31st, 2023, aims to attract more customers with exciting offers.
The discounts on term loan interest rates are linked to your credit score:
For customers with a CIBIL score between 700 to 749: Secure a term loan at an attractive rate of 8.7%, down from the previous rate of 9.35%.
Customers with CIBIL scores between 750 to 799: Enjoy a special rate of 8.6%.
Customers with CIBIL scores of 800 or more: Benefit from an 8.6% interest rate, down from the standard 9.15%.
Additionally, the bank provides an extra discount of up to 10 basis points on certain special categories of loans, including Shaurya, Shaurya Flexi Vishisht, and Shaurya Flexi loans.
Bank of Baroda’s Festival Delight
Bank of Baroda’s special festival campaign “Feeling of Festival with BoB” offers substantial discounts to its customers. Key highlights include:
Home Loan Interest Rates starting from 8.4%.
Zero processing fees for home loans.
An introductory rate of 8.7% for loans, coupled with waived processing fees.
This festival season, make the most of Bank of Baroda’s enticing offers to fulfill your dream of owning a home. Act fast, as this campaign runs until December 31, 2023.
