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PNB Concessional Education Loan for Persons with Disabilities

Need-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.

Rate4% per annum under the NHFDC-linked concessional education-loan scheme.Maximum financeNeed-based finance up to ₹50 lakh for studies in India and up to ₹50 lakh for studies abroad.Maximum amountNeed-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.
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Quick eligibility check

PNB Concessional Education Loan for Persons with Disabilities

0 of 5 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: UDID registration is mandatory for loans of ₹15 lakh and above?

2Document checkDo you have this required document or proof: Disability certificate/UDID where applicable?

Published source: Minimum income

3Document checkDo you have this required document or proof: Admission and fee documents?

Published source: Minimum income

4Document checkDo you have this required document or proof: KYC, income and guarantor/security documents?

Published source: Minimum income

5Document checkDo you have this required document or proof: Eligibility is based on at least 40% disability and the prescribed certificate, not a numeric income floor?

Published source: Minimum income
0 of 5 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byPunjab National Bank

India and overseas study

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Rate4% per annum under the NHFDC-linked concessional education-loan scheme.View source
The official page states interest at 4% per annum.
Source
Concessional Education Loan — PNB
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkFixed concessional 4% scheme rate; no benchmark-linked spread is published.View source
The scheme publishes a fixed 4% rate and does not identify a benchmark.
Source
Concessional Education Loan — PNB
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum financeNeed-based finance up to ₹50 lakh for studies in India and up to ₹50 lakh for studies abroad.View source
The official quantum section publishes ₹50 lakh ceilings for both destinations.
Source
Concessional Education Loan — PNB
Page / section
Quantum of Finance
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum 10 years after commencement of repayment; repayment begins one year after course completion.View source
The official page states the NHFDC-linked ten-year maximum after repayment begins.
Source
Concessional Education Loan — PNB
Page / section
Repayment Period
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNot published. Eligibility is based on at least 40% disability and the prescribed certificate, not a numeric income floor.View source
The complete eligibility section specifies disability certification but no minimum income.
Source
Concessional Education Loan — PNB
Page / section
Student Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Loan typeEducation loanView source
The official product name identifies this as “PNB Concessional Education Loan for Persons with Disabilities”.
Source
PNB Concessional Education Loan for Persons with Disabilities — official product page
Page / section
Official product name and loan classification
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNeed-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.View source
The manually reviewed product summary states: “Need-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.”.
Source
PNB Concessional Education Loan for Persons with Disabilities — official product page
Page / section
Published loan terms in product summary
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to ₹50 lakh for study in India or abroad
  • 4% p.a. interest
  • Two-wheeler cost up to ₹50,000 may be included
  • Repayment up to 10 years after commencement

Eligibility

  • Student must have 40% or more disability supported by the prescribed disability certificate; UDID registration is mandatory for loans of ₹15 lakh and above.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Disability certificate/UDID where applicable
  • Admission and fee documents
  • , income and guarantor/security documents

Related official documents

Interest Rates on Advances — PNBofficial-rate-table · current · accessed 30 Aug 2026
↗
Services Charges Related to Retail Advances — PNBofficial-service-charge-page · current · accessed 30 Aug 2026
↗
PNB Concessional Education Loan for Persons with Disabilities — product page and rate tableofficial-product-page-and-rate-table · current · accessed 31 Aug 2026
↗
Concessional Education Loan for Persons with Disabilities — PNBofficial-product-page · current · accessed 30 Aug 2026
↗

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Student eligibility · Published detailStudent with 40% or more disability, supported by a disability certificate issued by an empowered Central, State or UT authority.

This value is copied from PNB Concessional Education Loan for Persons with Disabilities — published terms. Check the table notes before relying on it.

Source: Concessional Education Loan — Punjab National Bank · Student Eligibility; Quantum of Finance; Repayment Period; Rate of Interest; UDID condition; Processing Charges/Documentation Charges Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsPNB Concessional Education Loan for Persons with Disabilities — published termsStudent eligibility, finance ceiling, repayment, rate and UDID condition from PNB's current concessional-education page and linked rate table.View tableHide table

Scroll sideways to view every column

PNB Concessional Education Loan for Persons with Disabilities — published terms
ParameterPublished detail
Student eligibilityStudent with 40% or more disability, supported by a disability certificate issued by an empowered Central, State or UT authority.
Eligible expensesHigher-education expenses under the scheme; cost of a two-wheeler up to ₹50,000 may be included within the overall loan ceiling.
Maximum financeNeed-based finance up to ₹50 lakh for studies in India and up to ₹50 lakh for studies abroad, subject to the prescribed margin.
Interest rate4% p.a. for loans up to ₹50 lakh under the NHFDC-linked concessional scheme; no higher-education rebate is published.
RepaymentMaximum 10 years after commencement of repayment; repayment starts one year after course completion. A longer period is not eligible for NHFDC refinance.
Moratorium interestSimple interest during the moratorium; compounding applies after the moratorium under the published terms.
UDID conditionUnique Disability registration is mandatory for a loan amount of ₹15 lakh or above.
Processing / documentationThe product page links current processing and documentation schedules but does not print a product-specific numeric charge on the reviewed page.
/ prepaymentNo separate calculation or product-specific prepayment figure is published on the reviewed PNB page or education-loan charge schedule.
Concessional Education Loan — Punjab National Bank · Student Eligibility; Quantum of Finance; Repayment Period; Rate of Interest; UDID condition; Processing Charges/Documentation Charges · accessed 31 Aug 2026Open official source ↗

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