Public sector Punjab National Bank (PNB) announced plans to provide easy study loans to students and target Rs 45 crore loan disbursements in the academic session of 2007-08.

ET reports say that no security, no margin money will be effected to students applying for education loan up to Rs 7.5 lakh for studying in India and up to Rs 15 lakh for studying abroad. It will also hold awareness camps for education loan at engineering and professional colleges in Rajastan.