Education Loan

• Admission Fee
• Books and stationery
• Instruments required for the course undertaken by the borrowing scholar
• Monthly fees/Tuition fees
• Examination Fees
• Caution deposit/building fund/refundable deposit supported by Institution bills/receipts
• Any other expenses required completing the course like study tours, project work, thesis etc.
• Boarding and lodging expenses in recognized Boarding Houses/Private accommodations.*

*In case of private accommodations, the reimbursement may be allowed to students up to prevailing charges of recognized Boarding Houses in the area. Living cost, Travelling cost and Overseas Health Coverage of person who is going on dependent visa of principal borrower (student) may also be considered. However, it should be within overall limit of Education Loan.

• Nepali Citizens (16-30 yrs)
• For masters and higher studies: 40 yrs
• At least 50.00% marks to be in secured in last qualifying
• Regular source of income of parents

• Need based

• Loan shall be disbursed as term loan
• Year-wise limit shall be set up based on total expenses involved in completing the course within the overall limit and disbursement made accordingly

• 0% margin on tuition fees.
• Minimum 10% Margin for other Expenses.

• Collateral security/FD /Collateral Security + FD equivalent to 100 percent of the loan amount or any security acceptable to the Bank.

• Competitive rate

• The interest shall be regularly paid on monthly/quarterly basis.
• Repayment shall start one year after the completion of study or one-month after getting employment whichever is earlier in maximum 120 equal monthly installments (10 years)