Education and Career Forum

Hi Sir, I just got the information about the PNB Padho Pardesh Education Loan Scheme introduced by Punjab National Bank. Can I know what security they want to give the loan under this scheme?

Details of security to be offered under PNB Padho Pardesh Education Loan Scheme are :-

=> Upto Rs. 7.5 lakhs : Parents or Guardians to be joint-borrowers.

=> Above Rs. 7.5 lakhs :- Parents or Guardians to be joint-borrowers and tangible collateral security equal to loan amount which is acceptable to bank should be submitted.