Bank of Punjab Educational Loans for higher studies in India or abroad,Entrance Exam

Bank of Punjab [BOP]

Bank of Punjab [BOP]

Name of the loan: BOP-Bank of Punjab Education Loan

Purpose of the loan-Bank of Punjab :

To cover the cost of education in world class universities

Eligibility for Educational Loan-Bank of Punjab :

The individual must be an Indian citizen, aged 18years and above and must have secured admission to a particular course in a particular educational institution.

Loan Amount in Bank of Punjab :

Rs 7.5 lacs for studies in India and Rs,15 lacs for studies abroad

Interest rate for Educational Loan-Bank of Punjab :

Upto Rs 4 lacs: 12.5% (PLR) Above Rs 4lacs: 12.5% plus 0.5 %which is presently 13%.

Repayment of Loan in Bank of Punjab :

Loan repayment can commence 6months after completion of the course or one month after getting employment, whichever is earlier.

Bank of Punjab [BOP]

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Bank of India studies In India and abroad Educational Loan for engineering course-Bank of Punjab Educational Loan for computertechnology-Bank of Punjab Educational Loan for Medicine-Bank of Punjab Education Loan-Bank of India Repayment-Bank of India Educational Loan for vocational courses-Bank of Punjab Educational Loan for Diploma courses-Bank of Punjab