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Wednesday, Sep 26, 2007
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Money & Banking - Housing Finance
States - West Bengal
PNB in pact with Assam Govt

Kolkata, Sept 25 Punjab National Bank today signed an MoU with the Government of Assam to provide housing loans to employees of the State Government with a minimum service period of three years, says a press release. The bank has agreed to provide relaxation of the interest rate over and above the current flexible rate. The rate will be subject to change as decided by the bank. The house building loans will be for purchase of house/ flat / plot etc., and also for taking over of loans from other financial institutions, says the release. - Our Bureau

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