India, July 23 -- For parents, securing quality higher education for their children is a cherished dream, but the rising cost of professional and technical courses can often create financial challenges... Here, Punjab National Bank (PNB), through the Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Education Loan Scheme, seeks to bridge this gap by helping meritorious students pursue higher education without allowing financial constraints to stand in the way of their aspirations.

The special loan product offers collateral-free and guarantor-free education loans to eligible students admitted on merit to Quality Higher Education Institutions (QHEIs) in India. The facility is designed to provide need-based finance to meet education-related expens...