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PNB launches festive retail-loan campaign with fee waivers

2026-10-05 · 1 source · Economic Times Banking Finance

In short

Punjab National Bank launched its 2026 festive retail loan campaign. Home loans get a full waiver of upfront and processing fees plus a 5-basis-point rate cut, and car loans also get a full fee waiver.

This matters for borrowers who want cheaper loans during the festival season. The report does not say how long the offers will last.

What the reporting says

Punjab National Bank launched its 2026 festive retail loan campaign, offering concessions across home, car and other retail loans, according to the publisher summary. Home-loan borrowers get a full waiver of upfront and processing fees plus a 5-basis-point rate concession, and car loans also get a full fee waiver. The reporting does not say how long the campaign runs or whether other loan categories get the same terms.

Why it matters

Punjab National Bank has launched a 2026 festive retail loan campaign with concessions for home, car and other retail loans. The summary says home-loan borrowers get a full waiver of upfront and processing fees plus a 5-basis-point rate concession, while car loans also get a full fee waiver. The direct effect is lower borrowing costs for retail customers, but the campaign period is not stated.

Touches: Punjab National Bank, Banking, Markets

Sources