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PNBHFL - PNBHFL has not changed the Housing Loan Interest Rate

I have taken a Housing loan from PNBHFL, Bangalore in 2014 June for Rate of interest as 10.25. In 2015 the rate has been reduced to 10.1%. Now almost all the banks has reduced the interest drastically but when I ask bank, bank is asking to pay .5% of the outstanding principal and service tax. When I asked for clarification, Bank has reverted saying "PNB HFR rate is not reduced however we will update you the status once HFR rate reduced".

0 Dec 15, 2016 06:38 PM Business and Finances

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