Public sector bank

Punjab National Bank

Pratibha, Saraswati, Udaan, Vidyalaxmi, Kaushal

Pratibha, when the college is on PNB’s premier list.

Interest 6.95%–10.10%
Maximum Need-based. Premier lists go higher than the standard IBA caps.
Without collateral ₹7.5 lakh on the standard scheme
Tenure Up to 15 years after the moratorium
Processing fee Often nil for studies in India. Abroad files may carry a fee.
Margin Nil up to ₹4 lakh. Above that, usually 5% for studies in India and 15% for studies abroad.

Published 2026 scheme cards: Pratibha floating 6.95%–7.85%, Saraswati 8.85%–10.10%, Udaan 8.10%–10.10%. Confirm on the sanction.

What to know

Pratibha is the premier-institute scheme and carries the lower card.
Saraswati is the general higher-education scheme in India.
Udaan is the abroad scheme.
Girl-student concession is advertised on Pratibha. Confirm the 0.50% on the letter.

Interest: 6.95%–10.10%
Maximum: Need-based. Premier lists go higher than the standard IBA caps.
Without collateral: ₹7.5 lakh on the standard scheme
Tenure: Up to 15 years after the moratorium
Processing fee: Often nil for studies in India. Abroad files may carry a fee.
Margin: Nil up to ₹4 lakh. Above that, usually 5% for studies in India and 15% for studies abroad.
Moratorium: Course period plus up to 12 months
Girl student: Many public-sector schemes give girl students 0.50%. Confirm it is written on the sanction.
Typical speed: About 2–4 weeks
Covers: India and abroad

Admission letter or college allotment, plus the fee structure.
KYC for the student and co-applicant: PAN, Aadhaar, and passport-size photographs.
Academic records: Class 10, Class 12, and degree marksheets.
Co-applicant income proof: salary slips or ITR, and six months of bank statements.
Collateral papers only when the loan is above the unsecured limit.

The bank or NBFC sanctions the loan. This page is a briefing so you can compare, not an offer.