Buddy4Study, in partnership with Punjab National Bank (PNB), has officially announced the Buddy4Study PNB Domestic Education Loan Programme for the academic year 2025. This initiative provides financial support to Indian students pursuing higher education within India. Under this programme, eligible candidates can apply for education loans under the PNB Saraswati and PNB Pratibha schemes until 31st December 2025. The online application process is managed through the Buddy4Study portal, and shortlisted applicants will be contacted by PNB for further processing.
Buddy4Study PNB Domestic Education Loan 2025 Notification
The official details for the Buddy4Study-PNB Domestic Education Loan Programme are provided below. This programme covers diploma, undergraduate, postgraduate, and PG diploma courses at recognized Indian institutions. The key features include competitive interest rates starting from 8.20% p.a., with concessional rates for female candidates. Applicants must be resident Indians and must have secured admission through an entrance test or merit-based process after Class 12.
Buddy4Study PNB Domestic Education Loan 2025: Overview
Here is a structured overview of the programme for quick reference:
| Organization | Punjab National Bank (PNB) in partnership with Buddy4Study |
|---|---|
| Programme Name | Buddy4Study-PNB Domestic Education Loan Programme |
| Applicable Schemes | PNB Saraswati, PNB Pratibha (Domestic Education Loans) |
| Application Deadline | 31st December 2025 |
| Mode of Application | Online via Buddy4Study |
| Eligible Courses | Diploma, UG, PG, PG Diploma in recognized Indian institutions |
| Interest Rate Range | 8.20% p.a. to 11.25% p.a.* |
| Special Concession | Lower interest rates for female candidates |
| Eligibility Nationality | Resident Indian |
| Selection/Disbursement | Based on eligibility, documentation, and PNB’s approval |
| Official Website | www.buddy4study.com |
Also Read: RRB Technician Application Status 2025 Out, CEN 02/2025 Link Active, Check Now
Buddy4Study PNB Education Loan: Eligibility Criteria 2025
Candidates must meet the following eligibility criteria as of the date of application:
Age & Nationality
- Must be a resident Indian.
- There is no specific age limit mentioned; however, the applicant must be seeking admission to an eligible higher education course.
Education Loan Educational Qualification
- Must have passed HSC (Class 12 or equivalent).
- Must have secured admission to a diploma, undergraduate, postgraduate, or PG diploma course at a recognized Indian institution.
- Admission must be obtained through an entrance test or merit-based selection process.
Buddy4Study PNB Education Loan: Required Documents
Applicants should keep the following documents ready for the application and verification process:
Mandatory Documents:
- Aadhaar Card
- Passport-size photograph
- College admission proof
Supporting / Non-Mandatory Documents (may be required later):
- Current course fee structure
- PAN card of co-applicant
- Last 3 months’ bank statement of co-applicant
Note: PNB may request additional documents during processing.
PNB Education Loan Apply Online 2025
The application window is open until 31st December 2025. Candidates must apply online exclusively through the Buddy4Study platform. A step-by-step guide is provided below.
Direct Link to Apply: Buddy4Study PNB Loan Application
How to Apply for Buddy4Study PNB Education Loan 2025?
Follow these steps to complete your application:
| Step | Procedure |
|---|---|
| 1 | Click on ‘Apply Now’: Visit the Buddy4Study PNB loan programme page and click the ‘Apply Now’ button. |
| 2 | Login/Register: Create a new account on Buddy4Study or log in with existing credentials. |
| 3 | Access Application Form: You will be redirected to the Online Application Form Page. Click the ‘Start Application’ button. |
| 4 | Fill the Form: Enter all required personal, academic, and course details accurately. |
| 5 | Submit the Application: Review all entered information and submit the form. |
| 6 | Note: Once submitted, you cannot edit the form. Ensure all details match your official documents. |
| 7 | Further Communication: If shortlisted, PNB officials will contact you directly via email/phone for document verification and loan processing. |
Interest Rates & Benefits
- Interest Rates: Start from 8.20% per annum, with rates up to 11.25% depending on the loan amount and profile.
- Female Candidates: Avail of special concessional interest rates.
- Loan Coverage: Typically covers tuition fees, examination fees, hostel charges, and other course-related expenses.
- Repayment: Generally begins after course completion, with a moratorium period as per PNB norms.
- Collateral: May not be required for loans up to a certain limit (subject to PNB’s prevailing policy).
Selection & Disbursement Process
- Application Screening: Buddy4Study forwards eligible applications to PNB.
- Bank’s Review: PNB evaluates the application based on eligibility, course credibility, and financial background.
- Document Verification: Shortlisted candidates are contacted to submit original documents for verification.
- Loan Sanction & Disbursement: Upon approval, the loan is sanctioned and disbursed as per the fee schedule of the institution.
Note: The final decision rests entirely with Punjab National Bank.
Important Dates
| Event | Date |
|---|---|
| Application Start Date | Already Open |
| Application Last Date | 31st December 2025 |
| Shortlisting & Bank Processing | Rolling Basis, after application submission |
FAQs
Q1. What is the last date to apply for the Buddy4Study-PNB Education Loan?
Ans: The last date to apply online is 31st December 2025.
Q2. Is this loan for studies abroad?
Ans: No, this specific programme is for domestic education in India. For abroad studies, explore the PNB Udaan scheme under the same partnership.
Q3. How can I apply?
Ans: You must apply online only through the Buddy4Study portal by clicking the ‘Apply Now’ button and filling out the application form.
Q4. What is the minimum interest rate?
Ans: The interest rate starts from 8.20% per annum. Lower rates are offered to female candidates.
Q5. How will I know if my loan is approved?
Ans: Shortlisted candidates will receive communication directly from PNB officials for the next steps, including document submission.