| Scheme Name | PNB Honhaar Education Loan Scheme |
| Objective | To provide financial support for pursuing higher education in Delhi |
| Eligible Applicant | Indian National |
| Eligible Students | Students pursuing Diploma, Degree or specified Skill Development Courses in Delhi |
| Schooling Requirement | Student must have completed Class 10 and Class 12 from Delhi |
| Eligible Courses | Diploma, Degree, Bachelor’s, Master’s and Doctoral Degree courses, along with specified skill-development courses |
| Institution Requirement | Admission must be in a recognized institution in Delhi |
| Admission Basis | Admission through Entrance Test / Merit-Based Selection after Secondary/Senior Secondary or the required qualifying examination |
| Purpose of Loan | College, school and hostel fees; examination, library and laboratory fees; insurance premium; caution deposit/building fund/refundable deposit; books, equipment, instruments and uniforms; computer; study tours, project work, thesis and other course-related expenses |
| Scholarship / Fee Waiver | Scholarship and fee waiver, if available, may be considered while assessing the loan requirement |
| Maximum Loan Amount | ₹10 lakh |
| Loan Assessment | Need-based finance, subject to a maximum of ₹10 lakh |
| Margin | Nil |
| Security | Parent(s)/guardian to be made joint borrower(s) |
| Collateral Security | Not required |
| Third-Party Guarantee | Not required |
| Maximum Repayment Period | 15 years |
| Moratorium | Course period + 1 year |
| Prepayment Charges | Nil |
| Rate of Interest | As per PNB’s prevailing applicable education-loan interest rate |
| Processing Charges / Upfront Fee | As per PNB’s applicable charges |
| Documentation Charges | As per PNB’s applicable charges |
| Key Benefit | Up to ₹10 lakh education loan with zero margin and no tangible security or third-party guarantee |
| Important Eligibility Point | The scheme is specifically for students who have completed both Class 10 and Class 12 from Delhi and are pursuing eligible higher education/skill courses in Delhi |
| Source | PNB’s official PNB Honhaar scheme page. |
