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PNB offers e-Vehicle loans at interest rates starting at 8.30% towards Boosting Green Mobility

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New Delhi: On World Environment Day, Punjab National Bank (PNB), India’s leading public sector bank, reinforces its commitment to environmental sustainability by offering 0.05% less interest rate on electric vehicles compared to non-electric vehicle loans.

PNB’s strategic focus on green financing has yielded remarkable results, with the bank sanctioning 5,178 electric vehicle loans during the last financial year, marking a substantial increase compared to FY 2023-24. This growth reflects the bank’s dedication to supporting India’s transition towards cleaner transportation solutions.

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