2023 2024 EduVark > Education Discussion > General Discussion


  #2  
February 8th, 2017, 04:47 PM
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Join Date: Mar 2012
Re: Education Loan From Punjab And Sind Bank

As you Asking for the Information About the Education Loan Scheme of the Punjab And Sind Bank the information is given below

Eligibility Criteria

Studies in India: (Indicative list)
Approved courses leading to graduate/ post graduate degree and P G diplomas conducted by recognized colleges/ universities recognized by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc.
Courses like ICWA, CA, CFA etc.
Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID etc.
Regular Degree/Diploma courses like Aeronautical, pilot training, shipping, nursing or any other discipline, approved by Director General of Civil Aviation/Shipping/Indian Nursing Council or any other regulatory body as the case may be, if the course is pursued in India.
Approved courses offered in India by reputed foreign universities.

(b) Studies abroad:-
Graduation : For job oriented professional/ technical courses offered by reputed universities
Post graduation: MCA, MBA, MS, etc.
Courses conducted by CIMA- London, CPA in USA etc.


Quantum of Finance
Studies in India : Maximum upto Rs. 10 lakhs.
Studies Abroad : Maximum upto Rs. 20 lakhs.


Processing Fees :

Upto Rs. 4 lakhs: NO Security( Parents to be joint borrowers)
Above Rs. 4 lakhs and upto Rs. 7.5 lakhs

Repayment Period

Repayment of the loan will be in equated monthly instalments for a maximum period of 15 years for all categories.

Margin

Upto Rs. 4 lakhs : Nil
Above Rs. 4 lakhs : Studies in India 5%
Studies in Abroad 15%


For more details you may Visit the Nearest branch of the Punjab And Sindh bank


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