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Punjab Gramin Bank Education Loan
Punjab Gramin Bank Education Loan
Punjab Gramin Bank, a prominent Regional Rural Bank in India, operates under the sponsorship of Punjab National Bank, one of the country's premier banks.
The amalgamation of Punjab Gramin Bank, Malwa Gramin Bank, and Sutlej Gramin Bank was officially announced by the Central Government of India on 21-12-2018. Consequently, a single regional rural bank, named 'Punjab Gramin Bank,' was established in Punjab State, effective from 01-01-2019. Its headquarters are situated in Kapurthala.
Documents Required
  • Passport size photograph
  • Proof of Address
  • Proof of Age
  • Copy of PAN of student Borrower
  • Proof of having cleared last qualifying examination
  • Letter of admission
  • Prospectus of the course where in charges like Admission Fee, Examination Fee, Hostel Charges etc.
  • Eligibility Criteria
  • Applicant must be a resident Indian.
  • Admission secured through Entrance Test/Merit Based Selection after completing HSC (10+2 or equivalent).
  • This education loan is applicable to all courses in various fields.
  • Need-based finance with applicable margin.
  • Reimbursement of fees paid within six months may be considered.
  • Courses leading to Graduate/Post Graduate degrees and PG Diplomas conducted by recognized colleges/universities recognized by UGC/Govt./AICTE/AIBMS/ICMR, etc.
  • Professional courses like ICWA, CA, CFA, etc.
  • Courses conducted by prestigious institutions such as IIMs, IITs, IISc, XLRI, NIFT, NID, etc.
  • Regular degree/diploma courses like Aeronautical, pilot training, shipping Nursing, or any other discipline approved by the Director General of Civil Aviation/Shipping/State Nursing Council or any other regulatory body, if pursued in India.
  • Approved courses offered in India by reputed foreign universities.
  • Research programs recognized by designated academic authorities/regulatory bodies.
  • Applicants must have secured admission to a higher education course in recognized institutions in India through an Entrance Test or Merit-Based Selection process after completing HSC (10 plus 2 or equivalent).
  • Cases of Management Quota may be considered on a merit basis.
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    List of Benefits
  • Fee payable to college/school/hostel.
  • Examination/Library/Laboratory fees.
  • Insurance premium for the student borrower, if applicable.
  • Caution deposit, building fund/refundable deposit supported by institution bills/receipts.
  • Purchase of books/equipment/instruments/uniforms.
  • Purchase of a computer at a reasonable cost, if required for course completion.
  • Any other expenses necessary for completing the course, such as study tours, project work, thesis, etc.
  • How To Apply
    Certainly! Step-by-step application process:
    1. Visit our official website.
    2. Click on register
    3. Login and Get more information about loans.
    4. After, Visit the nearest branch of the bank offering education loans.
    5. Schedule a meeting with a loan officer to discuss your loan requirements.
    6. Ask the loan officer for the education loan application form.
    7. Complete the application form with accurate information. Ensure all required fields are filled correctly.
    8. Collect all necessary documents such as identity, address, income, academic records, admission confirmation, course fee details, etc.
    9. Attach photocopies of the required documents to the application form.
    10. Submit Application to the documents to the loan officer.
    Note: "As a free user,"
    →'You're encouraged to share this valuable information with your friends to access the link properly.'

    8,00,000

    Punjab Gramin Bank Education Loan
    SCHOLARSHIP PROVIDER
    Punjab Gramin Bank
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    All
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    Punjab Gramin Bank, a prominent Regional Rural Bank in India, operates under the sponsorship of Punjab National Bank, one of the country's premier banks.
    The amalgamation of Punjab Gramin Bank, Malwa Gramin Bank, and Sutlej Gramin Bank was officially announced by the Central Government of India on 21-12-2018. Consequently, a single regional rural bank, named 'Punjab Gramin Bank,' was established in Punjab State, effective from 01-01-2019. Its headquarters are situated in Kapurthala.