1.Fee payable to college/ school/ hostel| 2.Examination/ Library/ Laboratory fee.| 3.Insurance premium for student borrower, if applicable.| 4.Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts.| 5.Purchase of books/ equipments/ instruments/ uniforms.| 6.Purchase of computer at reasonable cost, if required for completion of the course.| 7.Any other expense required to complete the course - like study tours, project work, thesis, etc.

Rate of Interest

  • 1.1.Loan upto Rs 4 lac ? Base Rate+2%
  • 2. 2.Loans above Rs 4 lac upto Rs 7.50 lac ? Base Rate+3%
  • 3. 3.Loans above Rs 7.50 lac ? Base Rate+2.50%
  • 4. 4.Base Rate+1% to be charged for all loans, irrespective of amount, where 100% tangible collateral security in the shape of IP, enforceable under SARFEASI act, and/or liquid security is available.
  • 5. 5.Simple interest be charged during the Repayment holiday/ Moratorium Period

Eligibility for Educational Loan


1.Should be an Indian national.

2.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).

3.Cases of Management Quota may be considered on merit basis;


About the Bank


Punjab National Bank is an Indian financial services company based in New Delhi, India. Founded in 1894, the bank has over 6,300 branches and over 7,900 ATMs across 764 cities. It serves over 80 million customers


FAQ Loan


1.Can I apply for apply for PNB Education Loans online?

Yes, you can apply for these loans online via a very simple process.

2.Is there a minimum age limit to apply for a PNB Education Loan?

No, there is no specific age restriction in order to apply for any of PNB?s education loans.

3.Can I transfer my PNB loan account from one branch/place to another?

Yes, you can transfer your loan account from one branch/place to another for hassle-free deposit of repayment dues and also easy monitoring.