An education Loan for abroad studies is the key factor in making your study abroad dreams possible. A government bank education loan is the ideal package for Indian Students. PNB Education Loan Scheme is a worthy option to consider. Since it is a nationalized bank, PNB Education Loan for Abroad is much better than private banks.
PNB Udaan is the only scheme for abroad studies.
PNB Udaan Eligibility
What is the Punjab National Bank Education Loan Eligibility Criteria?
According to PNB Education Loan requirements, the applicant:
Should be an Indian National
Should have secured a merit-based admission to a recognized university abroad
Should be less than 35 years of age if unemployed and 45 years of age if employed.
PNB Udaan- Collateral Documents Required
What are the Collateral Documents Required for PNB Education Loan Process?
For a collateral loan, here are the basic documents that are to be submitted to the bank regarding your property. For a detailed discussion on it, request a callback from our team for free guidance.
PNB EDUCATION LOAN DOCUMENTS REQUIRED FOR COLLATERAL SECURITY:
Property Title Deed and Registered Sale Agreement
Original Registration Receipt for the above agreement
Allotment Letter by Municipal Corporation/ Authorized Government Authority like MHADA, CIDCO, HUDA, JDA, GIDC ETC (if applicable)
Encumbrance Certificate (EC) of the last 30 years. This document is commonly known as Link Document
Copy of municipality approved building plan or plot layout
Latest property tax bill or Latest electricity bill bearing the same address
If you are submitting liquid securities like Fixed deposit or LIC policies, the documents needed are much lesser.
PNB Education Loan EMI Calculator
Is there a PNB Education Loan EMI Calculator?
A government bank education loan EMI is very easy and straightforward to calculate. Check your monthly EMI with Punjab National Bank Education Loan here. This link will lead you to the Education Loan PNB calculator. This PNB education loan calculator will not be able to give you exact figures as it depends on the amount and period withdrawn, but it will give you a good estimate figure.
Read More : https://www.wemakescholars.com/punjab-national-bank-pnb-education-loan