PNB Housing Finance has opened its fifth outlet in Tamil Nadu under its expansion drive and is planning to open 23 more in the current financial year. With the opening of the new branch, the company will have five branches in the State and 19 in the South.
Currently, the company has 66 branches across 39 towns.
In 2016-17, the company sanctioned Rs 23,704 crore as loans, while total retail disbursements stood at Rs 15,766 crore.