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PNB Concessional Education Loan for Persons with Disabilities

Need-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.

Rate4% per annum under the NHFDC-linked concessional education-loan scheme.Maximum financeNeed-based finance up to ₹50 lakh for studies in India and up to ₹50 lakh for studies abroad.Maximum amountNeed-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.
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Quick eligibility check

PNB Concessional Education Loan for Persons with Disabilities

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Eligibility is based on at least 40% disability and the prescribed certificate, not a numeric income floor?

Published source: Minimum income

2Are you this type of customer: Student must have 40% or more disability supported by the prescribed disability certificate?

3Do you meet this requirement: UDID registration is mandatory for loans of ₹15 lakh and above?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byPunjab National Bank

India and overseas study

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Rate4% per annum under the NHFDC-linked concessional education-loan scheme.View source
The official page states interest at 4% per annum.
Source
Concessional Education Loan — PNB
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkFixed concessional 4% scheme rate; no benchmark-linked spread is published.View source
The scheme publishes a fixed 4% rate and does not identify a benchmark.
Source
Concessional Education Loan — PNB
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum financeNeed-based finance up to ₹50 lakh for studies in India and up to ₹50 lakh for studies abroad.View source
The official quantum section publishes ₹50 lakh ceilings for both destinations.
Source
Concessional Education Loan — PNB
Page / section
Quantum of Finance
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum 10 years after commencement of repayment; repayment begins one year after course completion.View source
The official page states the NHFDC-linked ten-year maximum after repayment begins.
Source
Concessional Education Loan — PNB
Page / section
Repayment Period
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNot published. Eligibility is based on at least 40% disability and the prescribed certificate, not a numeric income floor.View source
The complete eligibility section specifies disability certification but no minimum income.
Source
Concessional Education Loan — PNB
Page / section
Student Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNot published for this concessional variant on the reviewed official product page or current education-loan charge schedule.View source
The complete page and education charge schedule do not state a variant-specific processing amount.
Source
Concessional Education Loan — PNB
Page / section
Processing and documentation charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR percentage or calculation for the concessional education-loan scheme.View source
The page publishes the 4% interest rate and repayment terms but no calculation.
Source
Concessional Education Loan — PNB
Page / section
Complete rate and charge review
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published for this concessional variant on the reviewed official product page or education-loan charge schedule.View source
No variant-specific prepayment value is stated in the reviewed sources.
Source
Concessional Education Loan — PNB
Page / section
Complete charge review
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Loan typeEducation loanView source
The official product name identifies this as “PNB Concessional Education Loan for Persons with Disabilities”.
Source
PNB Concessional Education Loan for Persons with Disabilities — official product page
Page / section
Official product name and loan classification
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNeed-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.View source
The manually reviewed product summary states: “Need-based higher-education finance up to ₹50 lakh for students with 40% or more disability, at 4% p.a. under the NHFDC-linked scheme.”.
Source
PNB Concessional Education Loan for Persons with Disabilities — official product page
Page / section
Published loan terms in product summary
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to ₹50 lakh for study in India or abroad
  • 4% p.a. interest
  • Two-wheeler cost up to ₹50,000 may be included
  • Repayment up to 10 years after commencement

Eligibility

  • Student must have 40% or more disability supported by the prescribed disability certificate; UDID registration is mandatory for loans of ₹15 lakh and above.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Disability certificate/UDID where applicable
  • Admission and fee documents
  • , income and guarantor/security documents

Related official documents

Interest Rates on Advances — PNBofficial-rate-table · current · accessed 30 Aug 2026
↗
Services Charges Related to Retail Advances — PNBofficial-service-charge-page · current · accessed 30 Aug 2026
↗
Concessional Education Loan for Persons with Disabilities — PNBofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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