Punjab National Bank Education
Loan EMI Calculator

Loan Amount (₹)
Interest Rate (%)
Tenure (Yrs)
EMI
0
EDUCATION LOAN FOR HIGHER EDUCATION IN FOREIGN EDUCATIONAL INSTITUTES, UPTO 30 LACS
Interest
Rate

Loan limit Interest Rate
Upto 7.5 Lacs 10.8%
Above 7.5 lacs 11.4%
Loan Amount &
Security

Secured Unsecured
Above 7.5 Lacs Upto 30 Lacs
Charges &
Repayment

Processing fees Nil
Repayment period upto 15 years
Moratorium period Study period + 12 months
Eligibility
Criteria

  • Indian Nationals
  • Admission guaranteed
Key Benefits &
Coverage

Margin
  • Below 4 lacs-NIl
  • Above 4 lacs -15%
Course covered
  • Courses Abroad - Courses like MCA, MBA, MS, etc. offered by some reputed universities
Expenses covered
  • College fees, book & laptop purchase, travel expenses and any education related expenses.
Required
Documents

Student Co-Borrower
KYC
  • Aadhaar
  • 2 passport photo
  • Aadhaar & Pan card
  • residence proof
EDUCATION
  • Admit letter
  • cost of study statement
  • X & XII mark sheet
    ---
INCOME
  • Pan card, 6 months bank account statement
  • 6 months bank account statement
  • ITR of last 2years/ Form 16
  • Income proof(salary slip)
SECURITY
    ---
  • Assets and liabilities brief statement