PNB hosts 2-day Housing Loan Expo in Srinagar

Punjab National Bank (PNB) organized a two-day housing loan and PM Surya Ghar loan expo in Srinagar for the benefit of its residents. Held on February 7 and 8, the event saw a significant turnout. The main goal was to provide financial support for home purchases and solar power installations under the PM Surya Ghar scheme. To simplify the process, senior bank officials and loan specialists were available on-site to assist with loan formalities.

Additionally, the expo aimed to educate people on the benefits of the PM Surya Ghar scheme, helping them save on electricity and reduce expenses.

"This expo is specifically being organized to facilitate individuals interested in availing home loans for house construction and loans under the Surya Ghar Scheme for installing solar power plants on rooftops under PM Surya Ghar scheme and bank offering housing loans at an interest rate of 8.40 percent and loans for rooftop solar power plants at an interest rate of 7 percent," stated a spokesperson.

The demand for electricity is rising in tandem with population growth, and inexpensive solar energy is becoming more popular.

During the expo, officials from Punjab National Bank (PNB) assisted those interested in obtaining home loans to construct their ideal residences.

"PNB has held these kinds of fairs in 138 different cities around the nation. The PM Surya Ghar Yojana and PNB's low-interest home loans are the two main objectives of the fair. We want as many people as possible to gain from it." PNB's Circle Head for the Kashmir and Ladakh region is Neeraj Kumar Anand.