PNB rolls out festive loan offers, waives processing fees on home and car loans

Punjab National Bank (PNB) has announced a range of special benefits on its retail loan products under ‘PNB Utsav Festivities 2026 – Celebrate Dreams, Celebrate Life’, aimed at helping customers meet their financial needs during the festive season.

The festive offer covers Home Loans, Car Loans, Mortgage Loans, Personal Loans and other retail credit products, with concessions and fee waivers available on select products.

Customers opting for Car Loans can avail themselves of a full waiver of upfront and processing fees.

Existing PNB Home Loan borrowers will get a 10 bps concession on Mortgage Loans, including Top-up Loans. Under its Loan Against Property (My Property) offering, PNB will bear NEC, legal and valuation charges of up to ₹15,000, excluding GST, subject to applicable terms and conditions.

For eligible Home Loan takeover cases of ₹25 lakh and above, the bank will also bear NEC, legal and valuation charges up to ₹15,000, excluding GST.

Commenting on the initiative, Subodh Kumar, General Manager, PNB, said, “The festive season is a time when aspirations turn into plans and plans into new beginnings. Through ‘PNB Utsav Festivities 2026’, we are bringing a comprehensive range of retail lending solutions with attractive benefits to support our customers in fulfilling their dreams of owning a home, purchasing a vehicle, meeting personal financial requirements or unlocking the value of their assets.”

The offers come at a time when demand for housing, automobiles and personal finance generally rises during the festive period. PNB said the initiative is aimed at providing customers with greater convenience and value while making access to retail credit easier.