Education and Career Forum

I have heard that Punjab National Bank is introduced PNB Kaushal Education Loan Scheme for skill development courses. I would like to know that if I apply in this scheme then what prepayment fine will they charge? I am interested to apply in this scheme but need to know about prepayment fine first.

There are no prepayment charges under PNB Kaushal Education Loan Scheme. You can prepay the loan amount without any charges/ fines. The repayment holiday/ moratorium period is 6 months for course having duration less than one year and 12 months for courses having duration more than one year.

There is no Prepayment fine in PNB Kauwhal Education Loan Scheme.