When you are working, it is relatively easier to raise short term funds in times of need. If nothing else, you can apply for a personal loan. On the other hand, once you have retired, your ability to take a loan from the formal finance sector goes down. However, the need for a loan does… Continue Reading
In this post, let’s look at a few education loan products from Punjab National Bank. We will compare four education loan products from PNB. PNB Saraswati (For higher education in India) PNB Pratibha (For admission to premier institutes such as IITs/IIMs/AIIMS) PNB Udaan (For higher education abroad) PNB Kaushal (For pursuing vocational education and training)… Continue Reading
Young salaried employees are target customers for all the banks. Therefore, you can expect them to come with schemes to lure such prospects to their fold. The core idea behind such products is to offer such customers principal moratorium for a few years (since they may not be able to afford the full EMI). The… Continue Reading