Lease Rental Discounting Loan Interest Rate

FLOATING RATES

Below rates are applicable from 01-06-2020

Credit Score
(any loan amount)
Lease Rental Discounting (LRD)
Credit Score less than zero 10.25% – 10.75%
upto 650 10.25% – 10.75%
> 650 to < 700 10.10% – 10.60%
> 700 to < 750 9.90% -10.40%
> 750 to < 800 9.90% -10.40%
>= 800 9.80% – 10.30%

* The above rates of interest are subject to change at the sole discretion of PNB Housing

PNB Housing offers floating rate of interest, linked to its benchmark rate PNBHFR:

PNBHFR for existing customers (loan disbursed) before 1st March 2017: 14.87% p.a.

PNBHFR Series 0 for existing customers (loan disbursed) between 1st March 2017 – 30th June 2018 : 10.15% p.a.

PNBHFR Series 1 for new customers (loan disbursed) acquired on and after 1st July 2018 : 10.00% p.a.

PNBHFR Series 2 for new customers (loan disbursed) acquired on and after 6th March 2019 : 9.75% p.a.

PNBHFR Series 3 for new customers (loan disbursed) acquired on and after 01st June 2019 : 9.70% p.a.

Contact us for Lease Rental Discounting Instant Loan in 3 minutes – Apply now