Punjab National Bank, Bo Retail Assets Branch

PUNJAB NATIONAL BANK, BO RETAIL ASSETS BRANCH JMD PACIFIC SQUARE, SECTOR 15 PART 2,GURGAON-122002 PH.: 0124-2300104 4201096/97 Email: [email protected]

PNB PRATIBHA EDUCATION LOAN SCHEME FOR STUDENTS OF MDI GURGAON

ELIGIBILITY STUDENTS AND WORKING PROFESSIONALS

ELIGIBLE COURSE ALL REGULAR (FULL TIME) & PART TIME COURSES

LOAN AMOUNT NEED BASED SUBJECT TO REPAYING CAPACITY OF PARENTS WITH MAXIMUM CEILING OF INR 15 LAC (INR 22.50 LAC, SUBJECT TO CONDITIONS) WITHOUT ANY COLLATERAL SECURITY. FOR HIGHER LOAN LIMIT, 100% TANGIBLE COLLATERAL SECURITY WITH VALUE EQUIVALENT TO LOAN AMOUNT REQUIRED.

PRIMARY SECURITY Co-obligation of Parents/Guardians

MARGIN 5%

RATE OF INTEREST BASE RATE i.e. 10% p.a. (at present) Simple interest will be charged till the repayment started.

PROCESSING FEE NIL

REPAYMENT PERIOD Upto 15 Years excluding study period + 6 months from the date of employment or 12 months from completion of study, whichever is earlier).

DOCUMENTS REQUIRED (Self attested copies/originals to be produced for verification): 1. Duly filled application form (student can apply on-line by visiting our website www.pnbindia.com) 2. KYC proof – ID and address proof of students and co-obligants; 3. One passport size photo of students and co-obligants’ 4. Confirmed admission offer letter; 5. Fee structure and other expenses schedule; 6. CAT Score card; 7. Mark sheets -10th onwards with certificates; 8. In case of working professional, salary certificate duly certified by the employer and 12 months (6 months in case of account with any PNB Branch) salary account statement; 9. Income proof: Salaried : Latest salary slip, Form 16/ITRs for last 3 years, Bank account statement for 12/6 months; Non salaried: 3 years ITRs with computation sheets, balance sheet, business proof; 10. Income certificate from Tehsildar/SDM/Magistrate/competent authority, if income is upto Rs. 4.50 Lac and student is interested to avail Govt. Education Loan subsidy. FOR MORE DETAILS, PLEASE CONTACT: MR. PRANAV, MANAGER (MARKETING) MR. SANJAY GOSAIN, Sr. MANAGER MR. SATISH DHINGRA, Chief Manager MOB.9650359979 MOB. 9810505115 MOB. 9899297437 / 9818947437