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PSB Excellence-Education Loan

PSB Excellence- Education Loan For Premier Institutions (i.e. IITs, IIMs and ISB Hyderabad):

Eligibility Students who have secured admission in regular full time Degree / Diploma courses of all the IIMs, IITs and ISB Hyderabad.
Quantum of finance As per the fee structure of the respective institute plus personal monthly expenses max upto Rs 5000.00 p.m. plus project expenses, books e.t.c.

Upto a maximum loan of Rs. 20.00 lacs, including each Top up loans, if any.
Margin Up to Rs 4.00 lac : NIL

Above Rs 4.00 lac : 5% The margin shall be proportionate to loan amount disbursed.

Above Rs 10.00 lac : 15% The margin shall be proportionate to loan amount disbursed.
Rate of Interest Please click here For rate of interest
Security Co- obligation of parents/guardian as co- borrowers.

No collateral security required.
Repayment Maximum up to 10 years exclusive of Moratorium period.
Processing charges Please click here For Processing fee
For Hot Listing (Blocking)
ATM/Rupay Cards ATM/RuPay Card
(By SMS) 9223815844
For Debit Freeze Account
(By SMS) 8828837411
For Phone Banking Services
(By Call) 1800-22-1908
For Balance Enquiry
(By Missed Call) 7039035156 (Toll Free)
All India Toll Free 1800-419-8300