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Saturday, March 24, 2007

education loan

Pursuing higher education is becoming more affordable as Punjab National Bank (PNB) will be reducing its education loan rates from April 1. Now, education loan will not be a matter of two much worry for students and parents. The bank has reduced interest rates on educational loan by up to Rs 4 lakh under the 'PNB Vidya Lakshya Purti Scheme' by 1.25 percent to 11.50 percent and under the 'PNB Sarvotam Shiksha Scheme' by 0.5 percent to 10.50 percent.

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