Families banking with PNB who have property to offer
Families banking with PNB who have property to offer
Public sector bank · 🇺🇸 USA
PNB Education Loan for the USA
How Punjab National Bank (PNB)'s education loan works for Indian students heading to the USA — limits, collateral, rates and what a typical USA loan costs to repay.
- Need-based finance
- Indicative ≈ 8.5%–10.5% a year in 2026
- Example: ₹79 lakh for USA
- We compare 2–3 lenders
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Quick answer
Is PNB a good choice for an education loan for the USA?
Wide branch network and public-bank rates; margin money applies. PNB lends for the USA: need-based finance, subject to margin, as published for PNB Udaan. A typical USA master's on our data (UF, ₹91 lakh – ₹1.06 crore) needs about ₹79 lakh; at 10.5% over 10 years the EMI is about ₹1,06,599 a month.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk
Official sources: PNB Udaan (studies abroad)
PNB for the USA
- Loan amount
- Need-based finance, subject to margin, as published for PNB Udaan
- Without collateral
- No tangible security or third-party guarantee up to ₹7.5 lakh under PNB Udaan; collateral above that
- Collateral
- Tangible security acceptable to the bank for larger loans
- Co-applicant
- Parent or guardian as co-borrower
- Interest rate
- Indicative ≈ 8.5%–10.5% a year in 2026 (floating); check PNB's current rate
- Repayment
- EMIs over up to 15 years after the moratorium
- Processing
- Usually 2–4 weeks with collateral
Official terms
What PNB publishes
Quoted from PNB's own website, checked on 9 November 2026. Lenders revise these often; your sanction letter is final.
Official source: PNB Udaan (studies abroad) — rules change; always confirm current requirements.
Repayment
EMI on a ₹79 lakh loan for the USA
Fit
When PNB suits a USA plan
North India applicants with a nearby branch
North India applicants with a nearby branch
Watch out
15% margin money is commonly applied on abroad loans above ₹4 lakh
- Get the sanction letter before applying for the F-1 student visa
- Make sure the sanction covers the funds the visa requires
- Tuition is paid to the university; living costs to your account
- Keep the disbursement schedule aligned with your intake
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
Need-based finance, subject to margin, as published for PNB Udaan
No tangible security or third-party guarantee up to ₹7.5 lakh under PNB Udaan; collateral above that
Indicative ≈ 8.5%–10.5% a year in 2026 (floating); check PNB's current rate. Floating, linked to PNB's repo-linked lending rate.
Explore
Keep exploring
Lenders
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