Education and Career Forum

I have heard that Punjab National Bank is introduced PNB Bihar Student Credit Card Scheme for the betterment of students of Bihar. 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. it

There will not be any prepayment charges under PNB Bihar Student Credit Card Scheme. The prepayment charges under this education loan scheme are NIL. The maximum amount of loan offered under this education loan are Rs. 4 lakhs. No collateral security/ third-party guarantee is required, parents/ legal guardians to be joint-borrowers as security for getting an education loan under this scheme.