Education Loan

Finance for:

  • Tuition fee
  • Living expenses
  • Travelling expenses

 

Tenure

  • Maximum upto 10 years
  • Loan shall be terminated on /or before 60 years of age of the borrower.

 

Repayment: Equal Monthly Installments (EMI)

 

Eligibility

  • Nepali Citizen
  • Borrower/Guardians should be Professionals, salaried individuals, self employed, etc. and their uncommitted monthly income to comfortably justify for EMI.
  • Acceptance letter from University / College / School
  • No objection letter from Ministry of Education

 

Fees and Charges

  • Unscheduled payment: 1.5% of payment amount (conditions apply).
  • Management fee: 0.50%( Flat) of the loan amount or NPR 5,000 (whichever is higher)
  • CIC Charge: on actual basis
 

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