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Old 25th July 2016, 09:53 AM
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Join Date: Mar 2013
Default Re: Punjab National Bank Education Loan Form

Education loan scheme for students pursuing Higher Education in India.

As you wants to Apply for the Education Loan of the Punjab national bank here I am Sharing with you the details of the Education Loan of the Punjab national bank

Eligibility Criteria

Should have secured admission to a higher education course in recognized institutions in India through Entrance Test/ Merit Based Selection process after completion of HSC(10 plus 2 or equivalent).
Cases of Management Quota may be considered on merit basis;

Margin

Up to Rs. 4 lac - NIL
Above Rs. 4 lac - 5%
Scholarship/ assistantship may be considered in margin.
Margin may be brought-in on year-to-year basis as and when disbursements are made on a pro-rata basis.

Rate of Interest

Loan upto Rs 7.50 lac – MCLR+2%
Loans above Rs 7.50 lac – MCLR+2.60%

Application Form for the Education Loan in the Punjab national bank







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