Invest in your Future.
Empowering meritorious students with financial support for higher education in India and across the globe.
PGB Saraswati
Higher Education in India
7.30%Starting ROI*
Eligible Institutes
- Graduation/PG/Diplomas (UGC/AICTE/Govt recognized)
- Professional courses: ICWA, CA, CFA
- Premium Institutes: IIMs, IITs, IISc, XLRI, NIFT, NID
- Aeronautical, Pilot training, Nursing (Approved bodies)
Margin
Up to ₹4L: NIL
Above ₹4L: 5%
Processing Fee
NIL
For studies in India
Security Guidelines
Up to ₹4 Lakhs: Parents as joint borrowers. No security.
₹4L to ₹7.5 Lakhs: 3rd party guarantee required.
Above ₹7.5 Lakhs: Tangible collateral security required.
PGB Udaan
Higher Studies Abroad
11.25%Starting ROI*
Coverage Highlights
- Tuition Fees, Hostel, & Examination fees
- Travel/Passage money for studies abroad
- Purchase of Books, Equipment, & Computers
- Study tours, Project work, & Thesis expenses
Margin
Up to ₹4L: NIL
Above ₹4L: 15%
Upfront Fee
1.00%
Refundable after 1st disbursement
Security Guidelines
Up to ₹7.5 Lakhs: Parents as co-obligants + 3rd party guarantee.
Required for Abroad: Collateral security for loans above ₹7.5 Lakhs is mandatory.
Common Features & Benefits
Repayment Holiday
Moratorium Period:
Course Period + 1 Year
Long Repayment
Maximum tenure up to 15 years after the moratorium period ends.
Zero Prepayment
Settle your loan anytime without any additional prepayment charges.
Documentation Charges (Applicable to Both)
| Loan Quantum | Charges | Status |
|---|---|---|
| Up to ₹4.00 Lakhs | ₹270/- | Standard Rate |
| Above ₹4.00 Lakhs | ₹450/- | FREE for Saraswati Scheme!* |
*Doc charges for Saraswati above ₹4L are nil as per current promotional guidelines (subject to bank discretion).