Education and Career Forum

I have heard that Punjab National Bank is introduced PNB Pratibha Education Loan Scheme for the betterment of students of India. 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.

The prepayment charges under PNB Pratibha Education Loan scheme are Nil. You can repay the education loan in advance before completion of the repayment period without any prepayment charges.

The repayment period under PNB Pratibha Education Loan scheme is maximum 15 years.

Originally Posted by Unregistered

I have heard that Punjab National Bank is introduced PNB Pratibha Education Loan Scheme for the betterment of students of India. 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 is no prepayment fine in PNB Pratibha education loan scheme. Students can also contact the PNB branch for more details regarding this. Those students who got admission in the Premier institutes in India are eligible to get the PNB Pratibha education loan scheme. There is no margin under PNB Pratibha education loan scheme for students who are studying in some prestigious institutions. Students can find the details in the website link given Click Here

Punjab National Bank does not charge any prepayment fine under PNB Pratibha Education Loan Scheme. You must be an Indian National and have secured admission in regular full time degree/diploma in premier institutes in India to be eligible to apply for PNB Pratibha Education Loan Scheme.

For details, visit
https://www.pnbindia.in/pnb-pratibha...an-scheme.html