IndiaBanks.org · independent research

Personal, home, vehicle & other loans

PNB Pratibha Education Loan

Education loan for eligible premier institutes in India. For loans above ₹7.50 lakh, current floating rates are 6.95%–7.85% p.a. by institute group; fixed rates vary by institute and repayment period.

Interest rateFor loans above ₹7.50 lakh: IIM/IIT (excluding PM Vidyalaxmi), ISB Hyderabad/Mohali and IIFT Kolkata: 6.95% floating, 7.95% fixed up to 10 years or 8.45% above 10 years. FMS Delhi: 7.25% floating, 8.25% fixed up to 10 years or 8.75% above 10 years. Other listed Pratibha institutes: 7.85% floating, 8.85% fixed up to 10 years or 9.35% above 10 years.TenureMaximum repayment period up to 15 years; repayment holiday is the course period plus 1 year.Processing feeCurrent PNB education-loan communication states nil processing/upfront and documentation charges for PNB Pratibha; Udaan charges are as per the applicable current schedule unless a concession is confirmed for the selected route.
Official product page ↗Compare category

Quick eligibility check

PNB Pratibha 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.

1Are you this type of customer: Resident Indian admitted to listed regular full-time degree/diploma or postgraduate programmes?

Published source: Eligibility

2Do you meet this requirement: PNB also names selected executive programmes at IIMs, ISB, XLRI and NIBM?

Published source: Eligibility

3Do you meet this requirement: Institute/course-specific coverage is controlled by Annexures A/B?

Published source: Eligibility

4Are you this type of customer: Resident Indian admitted to eligible regular full-time degree/diploma or postgraduate programmes at listed institutes/courses?

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

India; premier institutes covered by PNB list

Key facts

What the official sources publish

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

Processing feeCurrent PNB education-loan communication states nil processing/upfront and documentation charges for PNB Pratibha; Udaan charges are as per the applicable current schedule unless a concession is confirmed for the selected route.View source
The official communication explicitly states zero processing/documentation charges for Pratibha and publishes current Udaan rate details.
Source
PNB retail product rate/feature communication
Page / section
Education Loans
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum repayment period up to 15 years; repayment holiday is the course period plus 1 year.View source
Repayment (Maximum): maximum upto 15 years; Repayment Holiday/ Moratorium: Course period + 1 year.
Source
PNB Pratibha Education Loan — current product page
Page / section
Repayment (Maximum); Repayment Holiday/ Moratorium
Accessed
11 Sept 2026
Confidence
high
Open official source ↗
Loan typeEducation loanView source
The official product name identifies this as “PNB Pratibha Education Loan”.
Source
PNB Pratibha Education Loan — official product page
Page / section
Official product name and loan classification
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNil prepayment charges.View source
Prepayment Charges: NIL.
Source
PNB Pratibha Education Loan — current product page
Page / section
Prepayment Charges
Accessed
11 Sept 2026
Confidence
high
Open official source ↗
BenchmarkRLLR (Repo Linked Lending Rate) plus the institute/amount-band spread published in PNB's current Pratibha table.View source
Each current Pratibha rate row is expressed as + minus a published spread.
Source
PNB Retail Advances — current Pratibha rate table
Page / section
PNB Pratibha rate rows
Accessed
11 Sept 2026
Confidence
high
Open official source ↗
EligibilityResident Indian admitted to listed regular full-time degree/diploma or postgraduate programmes; PNB also names selected executive programmes at IIMs, ISB, XLRI and NIBM. Institute/course-specific coverage is controlled by Annexures A/B.View source
PNB lists the resident status, standard eligible course routes and named executive-programme exceptions.
Source
PNB Pratibha Education Loan — current official page
Page / section
Eligibility; Annexure A/B reference
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
SecurityParents/guardian must be joint co-borrowers. PNB's public page ties the collateral-free loan ceiling and margin to institute-specific Annexures A/B; the linked circular is marked confidential, so no institute ceiling is reproduced.View source
The page states need-based finance with an applicable collateral-free ceiling, points to Annexures A/B for margin, and names parents/guardian as joint co-borrowers.
Source
PNB Pratibha Education Loan — current official page
Page / section
Quantum of Finance; Margin reference; Security
Accessed
5 Oct 2026
Confidence
high
Open official source ↗
Geographic limitsResident Indian admitted to listed regular full-time degree/diploma or postgraduate programmes; PNB also names selected executive programmes at IIMs, ISB, XLRI and NIBM. Institute/course-specific coverage is controlled by Annexures A/B.View source
The manually reviewed product record states: “Resident Indian admitted to listed regular full-time degree/diploma or postgraduate programmes; PNB also names selected executive programmes at IIMs, ISB, XLRI and NIBM. Institute/course-specific coverage is controlled by Annexures A/B.”.
Source
PNB Pratibha Education Loan — official product page
Page / section
Published product metadata
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateFor loans above ₹7.50 lakh: IIM/IIT (excluding PM Vidyalaxmi), ISB Hyderabad/Mohali and IIFT Kolkata: 6.95% floating, 7.95% fixed up to 10 years or 8.45% above 10 years. FMS Delhi: 7.25% floating, 8.25% fixed up to 10 years or 8.75% above 10 years. Other listed Pratibha institutes: 7.85% floating, 8.85% fixed up to 10 years or 9.35% above 10 years.View source
The table publishes three institute groups for loans above ₹7.50 lakh, with floating and fixed rates separated by tenure.
Source
PNB interest rates on advances — Pratibha section
Page / section
Education Loan for Studies in Premier Institute: PNB Pratibha; current rate table
Accessed
5 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Need-based finance for listed full-time and selected executive programmes
  • Floating rates of 6.95%–7.85% p.a. for the published institute groups on loans above ₹7.50 lakh
  • Repayment up to 15 years, with course period + 1 year moratorium
  • Nil prepayment charges
  • Nil processing and documentation charges for studies in India

Eligibility

  • Resident Indian admitted to eligible regular full-time degree/diploma or postgraduate programmes at listed institutes/courses; PNB also names selected executive programmes at IIMs, ISB, XLRI and NIBM. The linked institute annexure carries a confidential-circulation notice, so its institute-specific limits are not published here.

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

Education Loans — PNB official catalogueofficial-product-page · current · accessed 30 Aug 2026
↗
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 education-loan FAQ — current official pageofficial-faq · reviewed · accessed 5 Oct 2026
↗
RAD Circular 83/2022 — PNB Pratibha Annexure A/Bofficial-product-linked-pdf · incomplete_review · accessed 5 Oct 2026
↗
PNB Pratibha Education Loan — current official product pageofficial-product-page · reviewed · accessed 5 Oct 2026
↗
PNB Pratibha Education Loan — current product pageofficial-product-page · current · accessed 11 Sept 2026
↗
PNB Retail Advances — current Pratibha rate tableofficial-interest-rate-page · current · accessed 11 Sept 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
↗
PNB Retail Advances Interest Ratesofficial-rate-sheet · current · accessed 30 Aug 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₹19,308nineteen thousand three hundred eight rupees
Interest paid over the full loan₹21,33,803twenty-one lakh thirty-three thousand eight hundred three rupees
Everything you repay₹46,33,803forty-six lakh thirty-three thousand eight hundred three 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.

PNB Saraswati · Study destination / audienceHigher education in India

This value is copied from PNB education loans — current published rates and key terms. Check the table notes before relying on it.

Source: PNB current education rate table, product scheme pages and retail-advance charge schedule · Saraswati, Pratibha and Udaan rate rows; linked scheme and education-fee terms 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 · 5 columnsPNB education loans — current published rates and key termsCurrent official PNB education rate groups, margins/security and the relevant education-charge route. Institute- or borrower-specific conditions are kept in the cells.View tableHide table

Scroll sideways to view every column

PNB education loans — current published rates and key terms
ProductStudy destination / audienceCurrent interest-rate bandsMargin / securityPublished charges / finance
PNB SaraswatiHigher education in India8.10% medical route above ₹7.50 lakh with 100% collateral; otherwise 9.35%/8.85% floating when fully collateralized; CGFSEL up to ₹7.50 lakh: 10.10%/9.60% floating. Fixed bands depend on student category and tenure.Nil margin up to ₹4 lakh; 5% above. No tangible security/third-party guarantee up to ₹7.50 lakh; suitable tangible collateral above.Need-based course finance; India processing and documentation charges NIL.
PNB PratibhaListed premier institutes/programmes in IndiaFor loans above ₹7.50 lakh: floating 6.95%, 7.25% or 7.85% by institute group; fixed rates 7.95%–9.35% by group and tenure.Margin is linked to institute/course Annexure A/B; no universal scheme-wide percentage is stated on the product page. Parents/guardian are joint co-borrowers.Need-based finance subject to repayment capacity and institute terms; India processing and documentation charges NIL.
PNB UdaanEligible higher education abroad8.10% medical/top-50 routes; other fully collateralized routes 9.35%/8.85% floating; CGFSEL up to ₹7.50 lakh 10.10%/9.60% floating. Fixed bands depend on student category and tenure.Nil margin up to ₹4 lakh; 15% above. No tangible security/third-party guarantee up to ₹7.50 lakh; suitable collateral above.Need-based course finance; studies-abroad processing fee 1%, minimum ₹10,000, refundable after first disbursement.
PNB current education rate table, product scheme pages and retail-advance charge schedule · Saraswati, Pratibha and Udaan rate rows; linked scheme and education-fee terms · accessed 5 Oct 2026Open official source ↗
Table 2 · 4 rows · 4 columnsPNB Pratibha — current institute-group rate bandsPublished rates for loans above ₹7.50 lakh, separated by institute group and fixed-rate tenure.View tableHide table

Scroll sideways to view every column

PNB Pratibha — current institute-group rate bands
Institute / amount bandFloating rateFixed rate up to 10 yearsFixed rate above 10 years
IIM/IIT (excluding Vidyalaxmi), ISB Hyderabad/Mohali, IIFT Kolkata; loan above ₹7.50 lakh+−1.15% (currently 6.95%)7.95%8.45%
FMS Delhi; loan above ₹7.50 lakh+−0.85% (currently 7.25%)8.25%8.75%
Other listed PNB Pratibha institutes; loan above ₹7.50 lakh+−0.25% (currently 7.85%)8.85%9.35%
Scheme repayment—Maximum 15 yearsCourse period + 1 year repayment holiday; nil prepayment charges
PNB Pratibha current product and rate pages · PNB Pratibha rate rows and scheme repayment terms · accessed 5 Oct 2026Open official source ↗
Table 3 · 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 ↗

More from Punjab National Bank

Related products

PNB Advance against FCNR(B) Deposit

A deposit-backed loan for , generally based on a percentage of an (B) deposit. PNB publishes maturity-based margins, a 1–5-year tenure range, and separate rupee and foreign-currency pricing routes.

View product

PNB Agriclinic and Agribusiness Centres Scheme

Need-based finance for eligible agriculture graduates and other listed candidates setting up farm-advisory clinics or agribusiness service centres.

View product

PNB Agriculture Infrastructure Fund Scheme

Term finance for eligible post-harvest infrastructure and community-farming assets, with project-cost-based limits, a published margin schedule and interest subvention on eligible lending.

View product

PNB Agriculture Marketing Infrastructure (AMI) Finance

Need-based finance for agricultural marketing and post-harvest infrastructure. AMI subsidy applications and new sanctions are in abeyance pending fresh budget allocation; PNB's older linked percentage/cap table is preserved as historical reference, not a currently available benefit.

View product