#1
7th January 2019, 10:35 AM
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What is the subsidy scheme under Punjab National Bank Education Loan for MS in Abroad aspirant?
I have heard about subsidy scheme. But I really don’t know what it is? Actually I am going to apply an education loan in Punjab National Bank for studying my MS in Abroad. So, I got the paper regarding this subsidy scheme but don’t know about this. Please explain me what it is?
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#2
7th September 2022, 06:09 PM
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Subsidy is mainly provided to desirous students who lack funds for higher studies.
Those whose annual income is less than 4 lacs are eligible for subsidy. PNB Udaan scheme is exclusively for students who wish to persue their higher studies abroad with help of PNB education loan. Interest rate 9.50% for male applicant 9.00% for female candidates Above INR 4 lacs, loan margin is 15% |
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