Loan Details

I want to borrow

Education Loan

INTEREST RATE

5.74 % - 9 %
Base rate: 5.74 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

7.91 % - 10.91 %
Base rate: 5.91 %

EMI

Processing Fee

0.50 %
Education Loan

INTEREST RATE

6.18 % - 13.18 %
Base rate: 6.18 %

EMI

Processing Fee

1.00 %
Education Loan (5 years term)

INTEREST RATE

7.24 % - 7.85 %
Base rate: 6.19 %

EMI

Processing Fee

1.00 %
NIC Asia Education Loan

INTEREST RATE

6.66 % - 13.66 %
Base rate: 6.66 %

EMI

Processing Fee

0.75 %
Education Loan

INTEREST RATE

6.8 % - 11.8 %
Base rate: 6.80 %

EMI

Processing Fee

0.75 %
Educational Institution Financing

INTEREST RATE

6.9 % - 11.9 %
Base rate: 6.90 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

6.9 % - 11.9 %
Base rate: 6.90 %

EMI

Processing Fee

1.00 %
Prabhu Education Loan

INTEREST RATE

7.01 % - 12.01 %
Base rate: 7.01 %

EMI

Processing Fee

1.00 %
Education Loan (Standard)

INTEREST RATE

7.08 % - 8.58 %
Base rate: 7.08 %

EMI

Processing Fee

0.75 %
MBL Education Loan

INTEREST RATE

7.17 % - 14.17 %
Base rate: 7.17 %

EMI

Processing Fee

0.75 %
Sunrise Education Loan

INTEREST RATE

7.29 % - 13.29 %
Base rate: 7.29 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

10.23 % - 11.48 %
Base rate: 7.48 %

EMI

Processing Fee

1.00 %
Siddhartha Education Loan

INTEREST RATE

7.56 % - 12.56 %
Base rate: 7.56 %

EMI

Processing Fee

1.00 %
Global Education Loan

INTEREST RATE

7.58 % - 13.58 %
Base rate: 7.58 %

EMI

Processing Fee

1.25 %
Mega Education Loan

INTEREST RATE

7.59 % - 12.59 %
Base rate: 7.59 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

7.63 % - 14.63 %
Base rate: 7.63 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

7.67 % - 12.67 %
Base rate: 7.67 %

EMI

Processing Fee

1.00 %
NCC Education Loan

INTEREST RATE

7.69 % - 12.69 %
Base rate: 7.69 %

EMI

Processing Fee

1.00 %
Prime Education Loan

INTEREST RATE

8.05 % - 14.55 %
Base rate: 8.05 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

10.08 % - 13.08 %
Base rate: 8.08 %

EMI

Processing Fee

0.75 %
Education Loan up to 5 years

INTEREST RATE

19.25 % - 20.75 %
Base rate: 8.25 %

EMI

Processing Fee

1.00 %
Citizens Education Loan

INTEREST RATE

9.75 % - 13.25 %
Base rate: 8.25 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

8.31 % - 13.31 %
Base rate: 8.31 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

8.37 % - 13.37 %
Base rate: 8.37 %

EMI

Processing Fee

1.00 %
Educational Loan

INTEREST RATE

8.4 % - 13.4 %
Base rate: 8.40 %

EMI

Processing Fee

1.00 %
Mahalaxmi Education Loan

INTEREST RATE

8.42 % - 14.42 %
Base rate: 8.42 %

EMI

Processing Fee

1.00 %
Civil Bank Education Loan

INTEREST RATE

8.45 % - 13.45 %
Base rate: 8.45 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

8.46 % - 14.71 %
Base rate: 8.46 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

8.47 % - 13.97 %
Base rate: 8.47 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

8.97 % - 13.47 %
Base rate: 8.47 %

EMI

Processing Fee

1.00 %
Education Loan

INTEREST RATE

8.82 % - 13.82 %
Base rate: 8.82 %

EMI

Processing Fee

1.00 %
*Note: The EMI has been calculated based on the average interest rate of the bank and may vary with time.

What is an Educational Loan?

This is a collateral-based loan which has been specially designed to facilitate Nepalese students to support their financial requirements to pursue their higher education above +2  either in Nepal or abroad.

This loan shall be provided to finance up to 100% of the total cost subject to the valuation of collateral. Generally, the loan amount shall vary from minimum NPR 0.3 million to maximum NPR 10 million with tenure up to 15 years excluding the moratorium period.

What shall I require to apply for an Education loan?

The banks and financial institutions shall require you to furnish the following

documents while applying for the education loan.

Identification:

  • Recent passport size photo ( 2 Copies)
  • Copy of citizenship certificate / passport
  • Relationship certificate ( If applicable )
  • Marriage certificate ( If applicable )
  • PAN certificate ( Loan amount equals or above 5 million )

Financial details:

  • Bank statement of at least 6 months
  • Networth Statement

Other details:

  • Copy of academic certificate
  • Offer Letter / I-20 from Education Institutions (Colleges/Universities)
  • The course of Enrollment (CoE)
  • Letter from Education Institutions (Colleges/Universities) (In case of Visa Extension)
  • No Objection Certificate from the Ministry of Education (MoE)

Collateral details:

  • Title deed
  • Four Boundary certificate
  • Revenue tax receipt of land
  • Building construction completion certificate

    Documents Required

    Identification
  • Recent passport size photo ( 2 Copies)
  • Copy of citizenship certificate / passport
  • Relationship certificate ( If applicable )
  • Marriage certificate ( If applicable )
  • PAN certificate ( Loan amount equals or above 5 million)
  • Income Source
  • Bank statement of at least 6 months
  • Networth Statement
  • Security/Collateral
  • Title deed
  • Four Boundary certificate
  • Building construction completion certificate
  • Revenue tax receipt of land
  • Other Document Required
  • Copy of academic certificate
  • Offer Letter / I-20 from Education Institutions (Colleges/Universities)
  • The course of Enrollment (CoE)
  • Letter from Education Institutions (Colleges/Universities) (In case of Visa Extension)
  • No Objection Certificate from the Ministry of Education (MoE)