Education Loan

INVESTING WITH US ENTITLES


Finance for

  • Tuition fee
  • Living expenses
  • Travelling expenses


Interest Rate:  12.50% per annum

Period: Up to the completion of the course or maximum period of 10 years, whichever is earlier

Repayment:      Equal Monthly Installments (EMI)


ELIGIBILITY

 

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

 

FEES AND CHARGES
The following charges are to be levied

 

  • Management fee: 1% of loan amount
  • Documentation Fee: NPR 2,000.00  flat
  • Prepayment Fee: 1.00% of pre-paid amount
  • Commitment Fee: 1.00% of unutilized amount
  • CIB Charge: NPR 750.00 per page

 
 

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