| Scheme Name | PNB Pratibha Education Loan Scheme |
| Objective | To attract students admitted to Premier Institutes of the country into PNB’s fold |
| Eligible Institutes | Premier Business Schools, Engineering Colleges, Medical Colleges and other reputed institutes listed by PNB |
| Applicant | Resident Indian |
| Admission Requirement | Admission to eligible regular full-time Degree, Diploma, PG Degree or PG Diploma courses in premier institutes |
| Special Courses Covered | Part-time PG Management Programmes for Executives offered by IIMs |
| ISB Courses | Part-time Certificate Course for PG Programme in Management for Senior Executives (PGPMAX) at ISB Hyderabad and Mohali |
| IIM Distance Programme | e-Post Graduate Programme in Management for executives, entrepreneurs and professionals offered by IIM through distance learning |
| XLRI Course | 3-year part-time weekend PG Diploma Programme in Business Management for Working Executives and Business Owners |
| NIBM Course | PG Diploma in Management (Banking & Finance) offered by National Institute of Bank Management (NIBM), Pune |
| Loan Amount | Need-based finance, subject to repayment capacity of parents/students and applicable margin |
| Reimbursement | Fees paid within the preceding 6 months may be reimbursed on individual merits |
| Eligible Expenses | College/school/hostel fees, examination, library and laboratory fees |
| Insurance | Life insurance premium for student borrower, if applicable |
| Deposits | Caution deposit, building fund and refundable deposit supported by institution bills/receipts |
| Books & Equipment | Purchase of books, equipment, instruments and uniforms |
| Computer | Computer purchase at reasonable cost, if required for completion of the course |
| Other Course Expenses | Study tours, project work, thesis and other expenses required to complete the course |
| Personal Living Expenses | Personal living expenses and two-wheeler cost are also covered as per the scheme |
| Margin | As prescribed under Annexure A & B for the applicable institute/course |
| Scholarship/Assistantship | Can be included in margin |
| Margin Contribution | Can be brought in year-to-year on a pro-rata basis along with disbursements |
| Security | Parents/guardian are required as joint co-borrowers |
| Collateral Security | The scheme page specifies co-obligation of parents/guardian as joint co-borrowers; applicable collateral-free limits are subject to the prescribed institute/course-wise norms |
| Maximum Repayment | Up to 15 years |
| Moratorium | Course period + 1 year |
| Prepayment Charges | Nil |
| Rate of Interest | As per PNB’s prevailing education-loan interest-rate structure |
| Processing / Upfront Fee | As per PNB’s applicable charges |
| Documentation Charges | As per PNB’s applicable charges |
| Key Benefit | Special education financing for students admitted to premier institutes, including leading management, engineering and medical institutions |
| Last Updated | 10 June 2025 |
