PNB Housing Finance has sanctioned a non-housing loan of INR 1,156,000 to Rajendra Verma and co-applicants for business purposes, with a repayment term of 180 months at a floating interest rate of 12.70% per annum. The loan includes a processing fee of INR 23,120 and requires various special conditions to be met. The sanction letter is valid for 45 days and acceptance of the terms is required for the loan to proceed.
PNB Housing Finance has sanctioned a non-housing loan of INR 1,156,000 to Rajendra Verma and co-applicants for business purposes, with a repayment term of 180 months at a floating interest rate of 12.70% per annum. The loan includes a processing fee of INR 23,120 and requires various special conditions to be met. The sanction letter is valid for 45 days and acceptance of the terms is required for the loan to proceed.
PNB Housing Finance has sanctioned a non-housing loan of INR 1,156,000 to Rajendra Verma and co-applicants for business purposes, with a repayment term of 180 months at a floating interest rate of 12.70% per annum. The loan includes a processing fee of INR 23,120 and requires various special conditions to be met. The sanction letter is valid for 45 days and acceptance of the terms is required for the loan to proceed.
PNB Housing Finance has sanctioned a non-housing loan of INR 1,156,000 to Rajendra Verma and co-applicants for business purposes, with a repayment term of 180 months at a floating interest rate of 12.70% per annum. The loan includes a processing fee of INR 23,120 and requires various special conditions to be met. The sanction letter is valid for 45 days and acceptance of the terms is required for the loan to proceed.
With reference to your loan application dated 26-12-2024, we are pleased to inform you that we have in principle sanctioned your loan, on the broad terms and conditions as under/overleaf with special conditions, if any. 1. Purpose of Loan Non Housing Loan, Business Purpose 2. Loan Amount INR 1156000 (INR Eleven Lakh Fifty Six Thousand Only) Insurance Premium INR 0 (INR ) Total Loan Amount INR 1156000 (INR Eleven Lakh Fifty Six Thousand Only) 3. Repayment Term 180 Months 4. Rate of Interest Scheme Floating 5. PNBRRR * 13.25% per annum 6. Applicable Rate of Interest * 13.25% -0.55% = 12.70% per annum as on the date of execution of the loan agreement 7. Equated Monthly Instalment (“EMI”) * INR 14399 (INR Fourteen Thousand Three Hundred and Ninety Nine Only) 8. Processing fees receivable: INR 23120.00 ( INR Twenty Three Thousand One Hundred Twenty Only) 9. Sanction letter validity 45 days, from the date of this letter SHOP NO 110, 2ND FLOOR, AT PLOTNO- D-8, ., ., NEW COLONY, MULTIPURPOSE 10. Security SCHOOLKE SAMNE, GUMANPURA, KOTA 324007, Kota, KOTA, Rajasthan, India, 324007 11. Pre-payment Charges As mentioned in MITC duly updated on the website 12. Additional Interest on delayed payment 24% per annum
*Subject to change from time to time at the sole discretion of PNBHFL
SPECIAL CONDITIONS: 1. Case Process as par seller BT Policy According 2. First Trench 80% of BT Loan as per FC and After Received OPP Remaining payment in favour of customer 3. Seller FI Required & Seller CIBIL Required 4. Original ATS Req 5. SOA Required loan amount of 2.80 lac 6. Repayment to be taken from Rajendra A/c 7. LTV should be less than 70%. 8. OGL Approval required 9. Insurance calculates of Rajendra singh 10. PVR Visit required
This Sanction Letter is subject to unconditional, absolute and irrevocable acceptance by the Borrower of the GTC*, and also available on PNBHFL’s website (www.pnbhfl.com).
*Subject to change from time to time at the discretion of PNBHFL.
Customer Service Manager: Keshav Sharma
Landline No: 1800 120 8800
Relationship Manager:
Branch Address: PNB Housing Finance Limited, Plot No - 165, 1st Floor, Shrinathpuram, Sector A, Kota 324010
We look forward to hearing from you and assure you best of our service always. Thanking you, Yours faithfully For PNB Housing Finance Limited Accepted all terms and conditions
(Authorised Signatory) Borrower(s)( Name / Signature)
Gmail - Request for Sanction in Captioned MSME Case in the Name of Amandeep Kaur for Loan Amount of Rs. 4.50 Lacs for 84 Months, Sunam Branch, ROI 26% and PF 2% - Application No. APPL00447464 Sunam Branch.
