pnb Education Loan
Finance your global education with Punjab National Bank’s trusted study loan options and flexible repayment plans.
Overview
Punjab National Bank (pnb) provides education loans that support undergraduate, postgraduate and professional programs in India and abroad. With competitive interest rates, sensible moratorium, and long tenures, pnb is a dependable option for students planning overseas education.
Key Features & Benefits
- ✔ Loan Amount: High limits depending on course, country and profile.
- ✔ Moratorium: Course period + buffer for job search.
- ✔ Tenure: Up to ~15 years post-moratorium.
- ✔ Collateral: Optional for lower amounts; required for higher limits.
- ✔ Concessions: Possible rebates or concessions for eligible categories.
Eligibility Criteria
Student
- Indian citizen, usually 18+ at loan execution.
- Admission to recognized universities/colleges.
Co-applicant
- Parent/guardian/spouse or acceptable relative.
- Stable income and satisfactory credit standing.
Documents Required
Student
- KYC (PAN, Aadhaar, Passport if applicable)
- Academic marksheets & transcripts
- Admission letter/offer (if available)
- Passport-size photographs
Co-applicant
- KYC & address proof
- Income proof (ITR/salary slips/bank statements)
Other
- Loan application form
- Course fee structure
- Collateral documents (if applicable)
Interest Rates & Charges
pnb links education loan rates to benchmark lending rates. Actual pricing depends on program, security and applicant profile.
| Loan Bucket | Indicative Rate (p.a.)* | Processing | Collateral |
|---|---|---|---|
| Lower amounts (unsecured) | Typically competitive | As per scheme | Not required |
| Higher amounts (secured) | Preferential with security | As per scheme | Required |
*Rates/fees are indicative and vary by profile and scheme. Final sanction terms are issued by pnb.
Application Process
- Submit Inquiry: Share your basic details online.
- Shortlisting: Our advisor maps suitable pnb options.
- Documents: We help compile & review your file.
- Application: Apply via pnb with our guidance.
- Sanction & Disbursal: Receive sanction; funds as per schedule.