About the Scheme
Buddy4Study - PNB Education Loan Programme is a joint initiative offered by the Punjab National Bank and Buddy4Study to financially support Indian students for pursuing higher education in India or abroad. Under this programme, students, who are willing to pursue undergraduate and postgraduate courses, will be provided with a loan at interest rate starting from 7.1% (T&C apply) for education in India and abroad. Check out more details about different education loan schemes below - 1. PNB Saraswati (Domestic Education Loan Scheme) 2. PNB Pratibha (Domestic Education Loan Scheme) 3. PNB Udaan (International Education Loan Scheme)
At a Glance
At a GlancePrivate / Corporate scheme for the 2026 academic year. Partially funded; applications are online only.
- Loan
- School
- Diploma
- Undergraduate
- Postgraduate
Eligibility Criteria
• Students securing admission in diploma, undergraduate, postgraduate and PG diploma courses at a recognized Indian institution are eligible to apply. • Applicants must be resident Indians. • Applicants must have secured admission to a higher education course through an entrance test/merit-based selection process after completing HSC (Class 12 or equivalent).
Admissions & Course Track
Diploma, Postgraduate, Post-Matric (Class 11–12), Professional courses and Undergraduate students in Class 12 studying Engineering & Technology and Education.
Nationality
Open to applicants of any nationality.
Award Benefits & Structure
Rate of interest starting from 7.1%one-time
Partially funded.
Mandatory Document Checklist
Keep clear scanned copies of these ready before you begin your application.
- Essential
Aadhaar Card
The applicant's own Aadhaar card.
- Essential
Passport
A valid passport — scan the bio-data page.
- Essential
Admission Letter
Current-year admission or allotment letter from your institution.
Selection Procedure & Key Timeline
Application Registration Opens
The online application opens.
Application Deadline
(Active)Last day to submit your application and supporting documents.
How to Apply
Applications for this scheme are online. Follow these steps in order.
About the Provider
Punjab National Bank
CSR
Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore, with an authorized capital of INR 2 lakh and working capital of INR 20,000. The bank was established by the spirit of nationalism and was the first bank purely managed by Indians with Indian capital.
Frequently Asked Questions
The Buddy4Study-PNB Domestic Education Loan Programme is a private / corporate scholarship offered by Punjab National Bank for the 2026 academic year. Students puruing higher education in India
• Students securing admission in diploma, undergraduate, postgraduate and PG diploma courses at a recognized Indian institution are eligible to apply. • Applicants must be resident Indians. • Applicants must have secured admission to a higher education course through an entrance test/merit-based selection process after completing HSC (Class 12 or equivalent).
The award is Rate of interest starting from 7.1% one-time. It is partially funded.
Applications open on 19 December 2023. The last date to apply is 31 October 2026.
You need Aadhaar Card, Passport and Admission Letter.
Applications are online. 1. . 2. . 3. . 4. .
