PNB Education loan for MBA

[pooja]

Welcome to MBA Forum. This is Pnb education loan for MBA discussion page. Here you can discuss about Pnb education loan for MBA in details. Please ask your question about Pnb education loan for MBA in the quick reply box mention below. Our member will try to answer your question about it as soon as possible. Furthermore, please provide your full details with your question. Your Name, email address, phone numbers, also you education / University in which you are studying. If your question is related to any institution / University / Business School/ Online MBA / Distance MBA or Jobs related to MBA, then mention that in your question as well.

Hii sir, I Wants to get the Information About the Education Loan of the Punjab National Bank for MBA Student ?

[pawan]

As you Asking for the Information About the Education Loan of the Punjab National Bank for MBA Student the Information is given below

Objective :

To provide financial support to meritorious students for pursuing higher education abroad.
Students Who Secure Admission In COURSES As Under
Graduation: For job oriented professional/technical courses offered by reputed universities.
Post graduation: MCA, MBA, MS, etc.
Courses conducted by CIMA- London, CPA in USA etc.
Degree/Diploma courses like aeronautical, pilot training, shipping etc. provided these are recognized by competent regulatory bodies in abroad for the purpose of employment in abroad.

Eligibility Criteria

Should be an Indian national.
Should have secured admission to a higher education course in recognized institutions Abroad through Entrance Test/ Merit Based Selection process after completion of HSC(10 plus 2 or Equivalent).

Quantum Of Finance
Need based Finance subject to repaying capacity of the parents/students with margin.
Reimbursement of fees paid within six months may be considered on individual merits of the case.

Margin
Up to Rs. 4 lac - NIL
Above Rs. 4 lac - 15%
Scholarship/ assistantship be included in margin.
Margin may be brought-in on year-to-year basis as and when disbursements are made on a pro-rata basis.

Repayment
Maximum upto 15 years
Repayment Holiday/Moratorium
Course period + 1 year