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| PNB organizes meet with traders | | | Early Times Report
Jammu, Dec 23-Next to State Bank of India, the Punjab National Bank has achieved the land mark of having second highest business industry in the country. The bank has maintained its first position among the nationalized banks in various spheres of business and profitability.
This was stated by R C Kaul Circle Head, Deputy General Manager while interacting with dealers and traders of construction material of Jammu city here today. The bank organized a meet with the traders under its Festive Bonanza Offer-2009 for Housing Loans.
He said the bank has reached out to the masses with fast, friendly * most convenient home loans. The Housing loans are available for construction or purchase of house/flat on First Power of Attorney basis from the original allottee, carrying out repairs/renovation/addition/alteration to existing house/flat. And to cover the loan outstanding, life insurance cover is also available on
payment of one time premium which can also be financed by the bank, he added.
Speaking on the occasion, S P Goswami, Chief Manager Retail Hub informed the participants that the Bank has initiated steps for revival of the estate industry and in order to facilitate the masses, the dealers were requested to generate leads and promote Punjab National Bank to its customers for availing PNB Housing Loans. He also deliberated the retail lending schemes in detail for better understanding of the participants. Other present on the occasion were B L Jain, Assistant General Manager and A K Mota Chief Manager Circle Office Jammu
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