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Student Loan by PUNJAB NATIONAL BANK
The institution currently has a tie up with Punjab National Bank, Students can apply for a bank loan , assistance can be provided to apply for the loan.
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While applying for the loan, the borrower is required to furnish the following information/papers:
Photocopy of Passport & Visa, in case of foreign student. Any other document/information, depending upon the case and purpose of the loan.
* (The above CHECKLIST is only illustrative, not exhaustive. For details, please contact nearest Branch Office).
Expenses Considered For Loan
Rate Of Interest
Repayment Holiday / Moratorium Course period + 1 year OR 6 months after getting job, whichever is earlier. The Principal and interest is to be repaid in 5-7 years after commencement of repayment. If the student is not able to complete the course within the scheduled time, extension of time for completion of course may be permitted for a maximum period of 2 years.
Up to Rs. 4 lacs Rs.270/- + Service Tax & Education Cess
Above Rs.4 lacs Rs.450/- + Service Tax & Education Cess
Following are some of the premier banks of the country providing educational loans. Click on the banks to know the details.