Punjab National Bank Education Loan (India)
PNB Education Loan — up to ₹2 crore for overseas study with collateral, with PMSSS minority subsidy support.
Documents required
- PAN Card
- Aadhaar Card
- Admission letter
- Fee structure
- Co-borrower KYC
- Co-borrower income proof
As published by Punjab National Bank. Your branch may ask for more.
No verified interest rate is available for the Punjab National Bank education loan (india).
Best for: Students heading to premier overseas institutions with a collateral-backed high-ticket requirement.
Eligibility
Loan terms
- High ceiling for overseas study with collateral
- PMSSS subsidy for minority community
- No margin for Premier Institutes
Fees & charges
Tax: interest paid is deductible under Section 80E with no upper cap, for up to 8 years. Confirm with a tax adviser.
FAQ
After the moratorium — course duration plus 6 to 12 months. Interest accrues during study; paying simple interest through the moratorium reduces your later EMI.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.