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PNB Digital Education Loan

A collateral-free, paperless education loan through PNB Vidyalaxmi for eligible students at approved premier institutes, with rates starting at 6.85% p.a. and up to 15-year repayment.

RateROI starting at 6.85% p.a.; the current PNB table assigns 6.85% to the top PM Vidyalaxmi institute category, with higher bands for other listed institutes.Maximum amountNeed-based finance for eligible expenses; the product page does not publish one universal maximum. For AAA/AA institutes it describes collateral-free finance with nil margin.TenureMaximum 15 years in EMIs; moratorium is the course period plus one year.
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Quick eligibility check

PNB Digital Education Loan

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 student status, nationality and admission to an eligible QHEI rather than a numeric income floor?

Published source: Minimum income

2Are you this type of customer: Resident Indian, or ?

3Do you meet this requirement: graduation/post-graduation degree and diploma courses at the listed 1,055 QHEIs through merit channel are eligible?

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

India; approved higher-education institutions

Key facts

What the official sources publish

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

Loan typeDigital, collateral-free education loan under the PNB Vidyalaxmi route for approved QHEIs in India.View source
The official page describes a collateral-free, paperless education loan through PNB Vidyalaxmi.
Source
PNB Digital Education Loan
Page / section
Purpose and Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateROI starting at 6.85% p.a.; the current PNB table assigns 6.85% to the top PM Vidyalaxmi institute category, with higher bands for other listed institutes.View source
The digital page states starting 6.85% and the rate table publishes institute categories beginning at 6.85%.
Source
Retail Advances — PNB rate table
Page / section
Vidyalaxmi / Digital Education Loan
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRLLR + BSP with institute-category spread under the current PM Vidyalaxmi table.View source
The current Vidyalaxmi table expresses rates as + minus or plus institute-category spreads.
Source
Retail Advances — PNB rate table
Page / section
Vidyalaxmi
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR percentage or calculation for PNB Digital Education Loan.View source
The page and current rate table publish but no calculation.
Source
PNB Digital Education Loan — complete rate review
Page / section
Complete rate review
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNot published; eligibility is based on student status, nationality and admission to an eligible QHEI rather than a numeric income floor.View source
The complete eligibility section specifies resident Indian// status and eligible institutes, with no minimum income amount.
Source
PNB Digital Education Loan
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNeed-based finance for eligible expenses; the product page does not publish one universal maximum. For AAA/AA institutes it describes collateral-free finance with nil margin.View source
The quantum section calls finance need-based and gives institute/margin rules but no universal cap.
Source
PNB Digital Education Loan
Page / section
Quantum of Finance
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum 15 years in EMIs; moratorium is the course period plus one year.View source
The official features section publishes the 15-year repayment period and course-plus-one-year moratorium.
Source
PNB Digital Education Loan
Page / section
Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNIL processing and documentation charges.View source
The official page states processing/documentation charges NIL.
Source
PNB Digital Education Loan
Page / section
and charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published as a Digital Education Loan-specific amount on the reviewed official page or current education charge schedule.View source
The reviewed page and schedule do not state a variant-specific prepayment value.
Source
PNB Digital Education Loan — complete charge review
Page / section
Complete charge review
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Digital web or tablet journey
  • Collateral-free education finance
  • Nil margin for AAA/ institutes and up to ₹4 lakh for other listed institutes
  • Maximum 15-year repayment
  • Course period plus one-year moratorium
  • Nil processing/documentation charges

Eligibility

  • Resident Indian, or ; graduation/post-graduation degree and diploma courses at the listed 1,055 QHEIs through merit channel are eligible.

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

Documents the bank lists

  • Vidyalaxmi portal
  • Previous marksheets and admission proof
  • Course expense schedule
  • and Aadhaar of applicants

Related official documents

PNB Digital Education Loanofficial-product-page · current · accessed 30 Aug 2026
↗
Services Charges Related to Retail Advances — PNBofficial-service-charge-page · current · accessed 30 Aug 2026
↗
Retail Advances — PNB rate tableofficial-rate-table · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

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.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

PNB Digi Home Loan · RateHousing table about 7.40–9.30% by /; no separate digital row

This value is copied from PNB digital and specialist loans — published terms. Check the table notes before relying on it.

Source: PNB digital housing, education, Kaushal and gold-loan pages · Digital and specialist retail loans Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 5 columnsPNB digital and specialist loans — published termsCurrent amounts, rates, eligibility, repayment and charges from PNB official pages and shared disclosures.View tableHide table

Scroll sideways to view every column

PNB digital and specialist loans — published terms
ProductRateAmount / eligibilityTenureCharges
PNB Digi Home LoanHousing table about 7.40–9.30% by /; no separate digital rowUp to ₹10 crore; regular income and two-year Digital page does not publish a separate tenureNil processing/documentation
PNB Digital Education LoanStarting 6.85%; institute-dependentNeed-based; eligible QHEIs; collateral-free route15 years; course + 1 year moratoriumNil processing/documentation
PNB Kaushal9.60%; 9.10% female student₹5,000–₹7.50 lakh; Indian national and eligible Skill India course3/5/7 years by amount; 6/12-month moratoriumNil processing/documentation; nil prepayment
PNB Digital Gold Loan+0.85/0.90 retail; +0.50/0.75 agriculture₹25,000–₹25 lakh retail; ₹10,000–₹25 lakh agriculture12-month bullet; 36-month ; agri 12 months0.30% or ₹500+ retail; agriculture tiers
PNB digital housing, education, Kaushal and gold-loan pages · Digital and specialist retail loans · accessed 30 Aug 2026Open official source ↗

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