Punjab National Bank education loan for abroad
PNB lends for overseas study on a conventional public sector scheme. The thing that most shapes the experience is not the rate but that the process is branch-led: your branch, your relationship manager, and the papers you walk in with.
At a glance
| Lender type | PSU Bank |
|---|---|
| Interest rate | 9.25%–11.25% p.a. (floating · repo-linked) |
| Loan amount | Udaan · Up to ₹1 Cr |
| Collateral | Secured loans offered. |
| Moratorium | Course + 12 months |
| Processing | Typically 7–15 working days |
| Countries covered | All |
This rate was read from the lender's own page 61 days ago, on 1 August 2026 — which is longer ago than we are comfortable with, so confirm it with the lender.
Branch-led, and what follows
- Where you apply matters. Experience with overseas education files varies enormously between branches.
- Go to the branch where the family banks. An existing relationship moves a PSU file faster than anything else available to you.
- Take a complete file the first time. Each return trip costs days, and the admission deadline does not move.
Who it suits
- Families with an existing PNB relationship and collateral.
- Borrowers who want PSU pricing and have the weeks to spend on it.
- Applications where the co-applicant's income is documented and salaried, which PSU underwriting handles most comfortably.
If the co-applicant's income is from business or agriculture and poorly documented, expect a longer conversation here than at an NBFC — which is a real trade-off against the lower rate, not a reason to avoid either.
Punjab National Bank — FAQs
2 questions
The indication above is the bank's. In practice the branch and the completeness of your file matter more than the scheme does.
The collateral position is shown above, read from the lender record. Confirm the threshold for your loan amount with the branch.
Not sure which lender fits? A counsellor compares what you would actually be offered across all twelve — free, and with no application.
Sources
Checked against these sources on 1 August 2026.