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Punjab National Bank informed the market that they have started new scheme called “PNB Special Housing Loan Scheme”Through which for any new housing loan that they are going to offer from January 01, 2009 till June 30, 2009.
>Interest would be at 8.5 percent will be charged under fixed housing loan upto Rs 5 lacs for maximum period upto 20 years and
>9.25 percent interest for fixed rate housing loans of above Rs 5 lacs to Rs 20 lacs for a maximum period upto 20 years. The interest rate will be subjected to reset on July 01, 2014 for the scheme.


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