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July 22nd, 2016, 12:33 PM
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Punjab and Sind Bank Education Loan Documents

Hi buddy I want to apply for Punjab and Sind Bank Education Loan d for Study in Abroad , so for it would you plz tell me require documents???

Punjab and Sind Bank Education Loan gives an opportunity to students to pursue education/higher studies, by providing financial support at affordable rates of interest.

As you want to apply for Punjab and Sind Bank Education Loan d for Study in Abroad , and asking for require documents , so on your demand here I am telling same :

Documents to be Submitted
Admission form, document proof of eligibility, expenditure

Eligibility

Student should be an Indian National
Secured admission to professional / technical courses in India or abroad through entrance Test / Merit Based Selection process.


Maximum Amount of Loan

Studies Abroad : Maximum Rs. 15.00 Lac.
Studies in India : Maximum Rs. 7.50 Lac

Expenses Covered by the Loan

Fee payable to College/School/hostel.
Examination/library/laboratory fee.
Purchase of books/equipments/instruments/uniforms.
Caution deposit/building fund/refundable deposit supported by institution bills/receipts.
Travel expenses/passage money for studies abroad.
Purchase of computers-essential for the completion of the course.
Any other expense required to complete the course- like study tours, project work, Thesis etc.


Rate of Interest

Loan Upto Rs.4 Lac : BPLR (-) 1.00
Loan Above Rs.4 Lac & Upto Rs.10 lac : BPLR (-) 0.50%
Above Rs.10 Lac & Upto Rs.20 lac : BPLR

Last edited by Neelurk; July 1st, 2020 at 04:52 PM.
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