PNB Housing Finance obtains refinance sanction of Rs 3,500 cr from NHB

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PNB Housing Finance obtains refinance sanction of Rs 3,500 crore from National Housing Bank NEW DELHI: PNB Housing Finance on Monday said it has obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October 2018.

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PNB Housing Finance obtains refinance sanction of Rs 3,500 cr from National Housing Bank The company had also raised a total of Rs 4,225 crore through commercial papers (CP) last month.

PNB Housing Finance has obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October 2018. The funds will be utilised for the specific sector wise disbursements / end uses as per norms of the respective NHB refinance schemes.

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You have now completed the first step i.e. applying for a Home Loan. Step 2: Home Loan Sanction.. We at PNB Housing Finance Limited make this easy process even. The company is having a valid Certificate of Registration dated 31-10-2001 issued by the National Housing Bank under Section 29A.

PNB Housing Finance revealed that the National Housing Bank (NHB) has offered the company a refinance sanction worth Rs.3,500 crore last month. The company disclosed this information in a regulatory announcement and revealed that the funds will be utilised as per the norms dictated by the NHB refinance schemes.

PNB Housing Finance (PNBHFL) on Monday said it has received a long-term loan sanction of Rs 3,500 crore refinance facility from National Housing Bank.

PNB Housing Finance is engaged in the business of providing loans for purchase or construction of residential houses. Shares of PNB Housing Finance were trading 3.90 per cent higher at Rs 965 apiece on BSE.