Punjab National Bank (PNB) declared it had waived all service charges and processing fees on retail products in festival season offering.PNB launched a festival bonanza offer to improve the availability and affordable credit to customers, the bank announced in a release. PNB is offering interest rates beginning from 6.80 per cent on home loans and 7.15 per cent on car loans, it added.

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The bank will waive all service charges, processing fees and documentation charges on its retail products like home loans, vehicle loans, property loans, personal loans, pension loans and gold loans in its festive offer, PNB said. Additionally, PNB is also offering personal loans starting from 8.95 per cent, which is one of the lowest in the industry. PNB said customers can apply for these offers till December 31, 2021.