`PNB PRATIBHA`– Education Loan For Premier Institutes In India

The Scheme `PNB PRATIBHA` aims at providing financial support to meritorious students who get
Objective
admission in Premier Institutes in India. (List of Institutions Click Here)

 Fee payable to college/ school/ hostel.

 Examination/ Library/ Laboratory fee.
 Life Insurance premium for student borrower, if applicable.
Purpose  Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts.
 Purchase of books/ equipments/ instruments/ uniforms.
 Purchase of computer, at reasonable cost, if required for completion of the course.
 Any other expense required to complete the course - like study tours, project work, thesis, etc.

 Should be an Indian national.

 Should have secured admission in Regular full time Degree / Diploma courses offered by Premier Institu
which include (i) Business Schools, (ii) Engineering Colleges, (iii) Medical Colleges and other rep
Institutes as per Annexure `I` & `II`
Eligibility
 Part-time Post Graduate Programmes in Management for Executives’, offered by Indian Institute
Management (IIM) at all centers.
 Post Graduate Programme in Management for Senior Executives (PGPMAX), offered by Indian Schoo
Business (ISB) Hyderabad & Mohali campus

Quantum Of Finance
 Need based Finance subject to repaying capacity of the parents/ students (after getting employment);
 Reimbursement of fees paid within six months may be considered on individual merits of the case.

i. In case of institutes covered at Annexure-I : - NIL

ii. In case of Institutes covered at Annexure-II :
 Up to Rs. 4 lac - NIL
 Above Rs. 4 lac - 5%
Margin iii. Scholarship/Assistantship be included in margin
iv. Margin may be brought-in on year-to-year basis as and when disbursements are made on a pro-
basis.
 Annexure-I - NIL
 Annexure-II - 5%

Security Co-obligation of parents/guardian as joint co-borrowers.

Repayment
maximum upto 15 years
(Maximum)

Repayment Holiday/
Course period + 1 year
Moratorium

Prepayment Charges Nil

Rate Of Interest Click Here

Processing Charges/
Click Here
Upfront Fee

Documentation
Click Here
Charges

Above are only salient features of the scheme. For details please contact nearest branch
 Click here for applying for education loan online

 Interest Rates - Loans & Advances

 Apply for online

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 Education Loan

Loans
 Housing
 Vehicle
 Education
 Personal

 MISC
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