PNB Education Loan

PNB Education Loan Interest Rates of 2026

List of PNB Education Loan Schemes of 2026

The Punjab National Bank provides the following types of education loans in India:

• PNB Saraswati Loan
• PNB Pratibha Loan
• PNB Udaan Loan
• PNB Kaushal Loan
• PNB Honhaar Loan
• PNB Pravasi Shiksha Loan
• PNB PM Cares Education Loan Scheme
• PNB Vidyalakshmi Loan
• PNB Digital Education Loan
• PNB Concessional Educational Loan

Features of the PNB Education Loan of 2026

1. PNB Saraswati Loan

   The key features of the PNB Saraswati Education Loan Scheme are as follows:

   Particulars	Details
   Interest Rate	8.10% p.a. to 11.60% p.a
   Processing Fee	NA
   Collateral	Up to 7.50 lakhs: Guardian or parent as a joint borrower Above Rs 7.50 lakhs: Parent or guardian as joint borrower, along with tangible collateral security of appropriate value.
   Loan Tenure	Up to 15 years
   Eligibility	Indian citizenship Admission through Merit-Based Selection or an entrance test at a recognised institution in the country Management quota is considered on a merit basis.

2. PNB Pratibha Loan

   The following table shows the key features of the PNB Pratibha Student Loan Scheme:

   Particulars	Details
   Interest Rate	6.95% p.a. to 9.35% p.a
   Processing Fee	NA
   Collateral	Co-borrower required (parent or guardian)
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Indian citizenship Admission to a Diploma course or regular full-time degree at a premier Indian institution (list on PNB official website) Admission to Part-Time Graduate Programme (Management for Executives) at the Indian Institute of Management Admission to the Postgraduate Programme (Management for Senior Executives) at Indian School of Business (Hyderabad or Mohali campus)

3. PNB Udaan Loan

   This education loan offers a reliable way to finance higher education by covering tuition fees, books, and other essential academic expenses.

   The key features of the PNB Udaan student loan scheme are listed in the following table:

   Particulars	Details
   Interest Rate	8.10% p.a. to 11.60% p.a
   Processing Fee	1% of the loan amount (minimum Rs. 10,000); refundable post first disbursement
   Collateral	Varies with loan amount: Up to Rs.7.50 lakhs: Parent or guardian as a joint borrower Above Rs.7.50 lakhs: Parent or guardian as joint borrower + tangible collateral security of appropriate value
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Indian citizenship Selection at a recognised institution in India through Merit-Based Selection or Entrance Test

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4. PNB Kaushal Loan

   The following are some of the key features of the PNB Kaushal education loan scheme:

   Particulars	Details
   Interest Rate	9.60% p.a. to 11.10% p.a.
   Processing Fee	Nil
   Collateral	Parent or guardian as co-borrower
   Loan Tenure	Varies with loan amount: Up to Rs.50,000: Up to 3 years Rs.50,000 to Rs.1 lakh: Up to 5 years Above Rs.1 lakh: Up to 7 years
   Eligibility Criteria	Indian citizenship Admission to a course offered by Industrial Training Institutes (ITIs) or in a recognised school

5. PNB Honhaar Loan

   The following table shows the features of the PNB Honhaar education loan scheme:

   Particulars	Details
   Interest Rate	10.10% p.a. to 11.60% p.a.
   Processing Fee	Nil
   Collateral	Parent or guardian as co-borrower
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Indian citizenship Completed Class X and Class XII Admission to a recognised university for degree, diploma, or skill development courses in Delhi

6. PNB Pravasi Shiksha Loan

   Combining Child Education Plans with a PNB education loan can create a balanced approach to funding your child’s higher studies. Here are the key features of the PNB Pravasi Shiksha Education Loan in the table mentioned below:

   Particulars	Details
   Interest Rate
   Processing Fee	Nil
   Collateral	Parent or guardian as co-borrower
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Indian citizenship Completed Class X and Class XII Admission to a recognised university for degree, diploma, or skill development courses in Delhi

7. PNB PM Cares Education Loan Scheme

   Let us understand the key features of the PMB PM Cares Education Loan Scheme from the following table:

   Particulars	Details
   Interest Rate	8.35% – 10.35% p.a.
   Processing Fee	Nil
   Collateral	Parent or guardian as co-borrower
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Indian citizenship Completed Class X and Class XII Admission to a recognised university for degree, diploma, or skill development courses in Delhi

8. PNB Vidyalakshmi Loan

   The following table highlights the features of PNB Vidyalakshmi Loan:

   Particulars	Details
   Interest Rate	7.50% p.a.
   Processing Fee	Nil (generally, as per scheme norms)
   Collateral	As per bank norms, usually based on loan size
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Students applying via Vidyalakshmi Portal must have admission in a recognized institution
   Special Features	Single-window platform to apply to multiple banks; simplifies the loan process

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9. PNB Digital Education Loan

   The following are some of the features of the PNB Digital Education Loan:

   Particulars	Details
   Interest Rate	7.85% p.a. to 10% p.a.
   Processing Fee	Nil / Minimal (as per digital application norms)
   Collateral	Up to ₹7.5 lakh: Parent/guardian as co-borrower Above ₹7.5 lakh: Co-borrower + collateral security (as per bank rules)
   Loan Tenure	Up to 15 years
   Eligibility Criteria	Indian citizen Confirmed admission to a recognized institution (India or abroad) Application through a digital platform
   Special Features	Fully digital application process Faster approval and minimal paperwork Convenient tracking and processing online

10. PNB Concessional Educational Loan

    The table below highlights the features of the PNB Concessional Educational Loan:

    Particulars	Details
    Interest Rate	4% p.a. (fixed)
    Processing Fee	Nil
    Collateral	As per bank norms; may require a co-borrower and security depending on the loan amount
    Loan Tenure	As per scheme guidelines (generally aligned with education loan norms)
    Eligibility Criteria	Applicable for Persons with Disabilities (PwDs) Must meet bank eligibility and admission to a recognized institution
    Special Conditions	UDID (Unique Disability ID) mandatory for loans of ₹15 lakh and above
    Interest Application	Simple interest during the moratorium period Compound interest after moratorium

PNB Education Loan EMI Calculator of 2026

The PNB Education Loan EMI calculator is an efficient, fast tool that helps you estimate a monthly loan payment with ease. A Child Plan Calculator can help parents estimate future education costs, making it easier to align savings with a PNB education loan. This online calculator offers quick insights into your loan repayment structure. You just need to enter details such as the loan amount, tenure, interest rate, and processing fee. With a single click, it provides an instant breakdown of your EMIs, total interest payable, and overall repayment amount, helping you plan your finances more effectively.

Steps to Apply for PNB Education Loan in 2026

To avail an education loan from Punjab National Bank, you should take the following steps:

Step 1: Go to the PNB official site.

Step 2: Click the Products section, then select the Retail category. Under the retail category, you will find the education loan section.

Step 3: Download the education loan application form that best fits your needs.

Step 4: Complete the form with all required details.

Step 5: Hand in the duly filled form at any of the nearest PNB branches to be further processed.

Eligibility Criteria for PNB Education Loan for 2026

To be eligible for PNB education loans, you should usually have the following requirements:

• Indian citizen or resident.
• Minimum age of 18 years.
• Good academic record.
• Placement in an established school.

Documents Required for PNB Education Loan for 2026

Exploring the best investment plans in 2026 includes considering a PNB education loan, which supports long-term academic goals while allowing families to manage finances efficiently.

Conclusion

The PNB Education Loan is an excellent financial relief for students seeking higher education. Punjab National Bank provides quality education to people at competitive interest rates, with flexible payment schedules and easy access through a simple application process. This loan is one of the greatest sources of assistance for both students and their families, helping them realize their educational dreams and move towards a better future.