Get proper information about and education loans

This is most developed bank in India in terms of service, dependability. Situated in 1895 at Lahore and undivided in India, Punjab National Bank has the distinction of being the first Indian bank to have been started solely with Indian capital. A professionally managed bank with a successful track-record of over 104 years largest branch network in India 3850 branches spread throughout the country. You can take loan from PNB as per your requirement. You can take the loan for purchasing house/flat on first power of attorney basis from the original allottee, doing renovation/alterations in the existing house/flat, etc.

Moreover bank gives loan to cover the loan outstanding; you can also take life insurance cover on payment of one premium which bank can also finance. This bank head office is located in New Delhi. The bank servers its valuable customers through 4540 offices adding four hundred twenty one extension counters largest amongst Nationalized Banks. Keeping up graded changing time and to give efficient and speedy the bank has started. Through the introduction CBS Centralized Banking solution (CBS) and over 2409 offices have already been brought under its domain.

PNB offers educational loans for graduate and PG programs. A student, who is pursuing a professional course or a vocational course fro a recognized university or nationally known institute can apply for PNB educational loan as well. Eligibility criteria for sanctioning the education loans. A student, who is an Indian national, can apply for the loan. The amount of PNB loan is sanctioned evaluating the need and the repaying capability of the parent or the student. You can borrow a maximum of Rs. 7lac 50 thousand and 15 lac for studying in India or abroad respectively. Apart from this, there is a margin of 5% if you borrow above 4,00,000 for studying in India. The margin is 15% for abroad. A candidate needs to present a 3rd party as guarantee for borrowing above 4,00,000. if the amount more than 7.5 lac, the bank asks for a collateral security or guarantee of a 3rd party.

Government Bank in India

1. Allahabad Bank
2. Andhra Bank
3. Bank of Baroda
4. Bank of India
5. Bank of Maharashtra
6. Canara Bank
7. Central Bank of India
8. Corporation Bank
9. Dena Bank
10. Indian Bank
11. Indian Overseas Bank
12. Oriental Bank of Commerce
13. Punjab and Sind Bank
14. Punjab National Bank
15. Syndicate Bank
16. UCO Bank
17. Union Bank of India
18. United Bank of India
19. Vijaya Bank