Punjab National Bank Education Loan Form

Hii sir, I wants to Apply for the Education Loan in the Punajb national bank will you please provide me the Application form of the Education Loan in the Punajb national bank ?

[Rajkumar Agarwal]

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