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PNB Honhaar Education Loan

Need-based education finance up to ₹10 lakh for eligible Delhi courses. Applicants must meet the Delhi schooling and admission conditions; PNB publishes a 10.10% p.a. floating rate.

Rate10.10% p.a. floating (RLLR+BSP+2.00%).Maximum amountMaximum finance ₹10 lakhRepaymentMaximum 15 years; moratorium is course period + 1 year.
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Quick eligibility check

PNB Honhaar Education Loan

0 of 6 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: Indian national?

Published source: Eligibility

2Do you meet this requirement: completed Class X and Class XII in Delhi?

Published source: Eligibility

3Do you meet this requirement: admitted through entrance/merit selection to an eligible recognized degree, diploma or specified skill-development course in Delhi?

Published source: Eligibility

4Do you meet this requirement: Indian national who completed Class X and Class XII in Delhi and is admitted through entrance/merit selection to an eligible degree, diploma or specified skill-development course at a recognized Delhi institution?

5Document checkDo you have this required document or proof: PNB's general education-loan checklist: bank-format application, photograph, student identity/address and age proof, PAN (before disbursement if unavailable at sanction), qualifying-exam pass proof, admission letter and course prospectus with fees?

Published source: Eligibility

6Document checkDo you have at least one of these required documents: Aadhaar where applicable; co-applicant/guarantor documents and other case- or purpose-specific papers where applicable?

Published source: Eligibility
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 5 Oct 2026 · active
Offered byPunjab National Bank

See the official bank source for geographic availability.

Key facts

What the official sources publish

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

Rate10.10% p.a. floating (RLLR+BSP+2.00%).View source
PNB states ++2.00%, presently 10.10%.
Source
PNB interest rates on advances — Honhaar education loan section
Page / section
Education Loan: PNB Honhaar; floating
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
BenchmarkRLLR + BSP + 2.00%.View source
PNB publishes the benchmark formula and present rate.
Source
PNB interest rates on advances — Honhaar education loan section
Page / section
Education Loan: PNB Honhaar; floating
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
MarginNil.View source
The page states margin is nil.
Source
PNB Honhaar Education Loan — current official page
Page / section
Margin
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
SecurityParent/guardian is a joint borrower; no tangible security or third-party guarantee is required.View source
The page states that the parent/guardian is a joint borrower and no tangible security or third-party guarantee is required.
Source
PNB Honhaar Education Loan — current official page
Page / section
Security
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
RepaymentMaximum 15 years; moratorium is course period + 1 year.View source
The page states maximum repayment of 15 years and a moratorium of course period plus one year.
Source
PNB Honhaar Education Loan — current official page
Page / section
Repayment (Maximum); Repayment Holiday/Moratorium
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNIL.View source
The page states prepayment charges are NIL.
Source
PNB Honhaar Education Loan — current official page
Page / section
Prepayment Charges
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
EligibilityIndian national; completed Class X and Class XII in Delhi; admitted through entrance/merit selection to an eligible recognized degree, diploma or specified skill-development course in Delhi.View source
PNB requires Indian nationality, Class X and XII from Delhi, and qualifying admission to a recognized Delhi institution/course.
Source
PNB Honhaar Education Loan — current official page
Page / section
Eligibility
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Eligible expensesCourse, school/college/hostel and examination/library/laboratory fees; student insurance premium; institution-supported deposits; books, equipment, instruments, uniforms and a course-required computer; study tours, project work, thesis and other course-completion expenses.View source
The page lists these course-related expenses and says scholarship/fee-waiver amounts may be included in the loan assessment.
Source
PNB Honhaar Education Loan — current official page
Page / section
Purpose
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Processing feeNIL processing fee and NIL documentation charge for studies in India.View source
The current schedule sets processing and documentation fees to NIL for education studies in India.
Source
PNB service charges related to retail advances — current education-loan row
Page / section
Education Loan — studies in India
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Loan typeEducation loanView source
The official product name identifies this as “PNB Honhaar Education Loan”.
Source
PNB Honhaar Education Loan — official product page
Page / section
Official product name and loan classification
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Maximum amountMaximum finance ₹10 lakhView source
The manually reviewed product summary states: “Maximum finance ₹10 lakh”.
Source
PNB Honhaar Education Loan — official product page
Page / section
Published loan terms in product summary
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Geographic limitsIndian national; completed Class X and Class XII in Delhi; admitted through entrance/merit selection to an eligible recognized degree, diploma or specified skill-development course in Delhi.View source
The manually reviewed product record states: “Indian national; completed Class X and Class XII in Delhi; admitted through entrance/merit selection to an eligible recognized degree, diploma or specified skill-development course in Delhi.”.
Source
PNB Honhaar Education Loan — official product page
Page / section
Published product metadata
Accessed
5 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum finance ₹10 lakh
  • Nil margin
  • No tangible security or third-party guarantee; parent/guardian is a joint borrower
  • Floating rate 10.10% p.a. ( + + 2.00%)
  • Repayment up to 15 years, with course period + 1 year moratorium
  • Nil prepayment, processing and documentation charges

Eligibility

  • Indian national who completed Class X and Class XII in Delhi and is admitted through entrance/merit selection to an eligible degree, diploma or specified skill-development course at a recognized Delhi institution.

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

Documents the bank lists

  • PNB's general education-loan checklist: bank-format application, photograph, student identity/address and age proof, (before disbursement if unavailable at sanction), qualifying-exam pass proof, admission letter and course prospectus with fees.
  • Aadhaar where applicable; co-applicant/guarantor documents and other case- or purpose-specific papers where applicable.

Related official documents

PNB Education Loans — current official catalogueofficial-product-catalogue · reviewed · accessed 5 Oct 2026
↗
PNB loan application checklist — education and co-applicant sectionsofficial-document-checklist · reviewed · accessed 5 Oct 2026
↗
PNB Honhaar Education Loan — current official product pageofficial-product-page · reviewed · accessed 5 Oct 2026
↗
PNB service charges related to retail advances — education-loan rowofficial-fee-schedule · reviewed · accessed 5 Oct 2026
↗
PNB interest rates on advances — current education-loan sectionsofficial-interest-rate-page · reviewed · accessed 5 Oct 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹24,291twenty-four thousand two hundred ninety-one rupees
Interest paid over the full loan₹33,29,939thirty-three lakh twenty-nine thousand nine hundred thirty-nine rupees
Everything you repay₹58,29,939fifty-eight lakh twenty-nine 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.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

CARES — up to ₹7.50 lakh under CGFSEL · Floating rate8.35% (++0.25%)

This value is copied from PNB CARES and Honhaar — current rates. Check the table notes before relying on it.

Source: PNB current CARES and Honhaar rate rows · CARES Education Loan Scheme; PNB Honhaar Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 3 rows · 4 columnsPNB PM CARES and Honhaar — current ratesScheme-specific current education-loan rates from PNB's live rate table.View tableHide table

Scroll sideways to view every column

PNB PM CARES and Honhaar — current rates
Scheme / qualifying routeFloating rateFixed rate up to 10 yearsFixed rate above 10 years
CARES — up to ₹7.50 lakh under CGFSEL8.35% (++0.25%)9.35%9.85%
CARES — any amount with the stated 100% tangible collateral8.35% (++0.25%)9.35%9.85%
Honhaar10.10% (++2.00%)——
PNB current CARES and Honhaar rate rows · CARES Education Loan Scheme; PNB Honhaar · accessed 5 Oct 2026Open official source ↗
Table 2 · 6 rows · 2 columnsPNB education-loan document checklistPNB's general education and co-applicant checklist. Which items apply depends on scheme, destination and case.View tableHide table

Scroll sideways to view every column

PNB education-loan document checklist
Applicant / caseDocuments or timing condition
StudentPNB-format loan application; passport-size photo; identity/address proof under PNB ; age proof; (if unavailable at sanction, obtain before disbursement); proof of passing the last qualifying examination; admission letter; course prospectus with admission, examination and hostel charges.
Student, where applicableAadhaar where applicable; other information/documents depending on the case and loan purpose.
Studies abroadPhotocopy of passport and visa; visa copy is required before first education-loan disbursement.
Co-applicant/guarantor, as applicablePNB-format application; photo; identity/address and age proof; ; if an existing loan with another lender exists, its last 6 months' account statement and sanction letter.
Government interest-subsidy applicantIncome certificate from the designated State/UT authority, , Form 16 or audited accounts as required by the subsidy scheme.
Property-secured loan, if applicableTitle deed and other documents needed to prove title to the mortgaged immovable property.
PNB loan application checklist — education and co-applicant sections · Education Loan and Co-Applicant/Guarantor sections · accessed 5 Oct 2026Open official source ↗

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