THESE Banks Provide Special Offers for Home and Car Loans During Diwali

Punjab National Bank is all set to make your Diwali brighter with their special Diwali Dhamaka 2023 offer.

They aim to make the most of the festive shopping season. Here’s what they have in store for you:

Home Loan: Get a home loan at an incredible initial rate of just 8.4%. No processing fees or documentation charges will be applied. Applying for a home loan is simple—visit the bank’s website.

Car Loan: If you’re planning to buy a car, you can secure a car loan with an initial rate of 8.7%.

Additionally, Punjab National Bank is waiving processing fees and documentation charges for car loans during this festive season.

Now, let’s see what other leading banks, like State Bank of India and Bank of Baroda, have in their festive offers.

State Bank of India’s Festive Offer

State Bank of India is celebrating this Diwali with a special campaign, running from September 1, 2023, to December 31, 2023.

The aim is to attract more customers and offer discounts on term loan interest rates. The discount you receive depends on your credit score:

1) A credit score between 700 to 749 gets you a term loan at 8.7%, reduced from 9.35%.

2) If your credit score falls between 750 to 799, you can enjoy an exclusive rate of 8.6%.

3) Customers with a credit score of 800 or higher will also benefit from an 8.6% interest rate, down from the usual 9.15%.

Additionally, the bank offers extra discounts of up to 0.1% on certain special loan categories, such as Shaurya, Shaurya Flexi Vishisht, and Shaurya Flexi.

Bank of Baroda’s Festive Campaign

Bank of Baroda is making the festive season even more special with its ‘Feeling of Festival with BoB’ campaign, running until December 31, 2023. Here’s what they have in store for you:

Home Loan: Secure a home loan starting at a low rate of 8.4%. The best part? No processing fees are involved.

Car Loan: If you’re considering a car loan, you can grab one at an introductory rate of 8.7%, and once again, no processing fees apply.

This Diwali, these banks are ensuring that you get the best deals on your loans, making your celebrations even more enjoyable!

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