Students who have studied hard and excelled in their exams and plan to pursue higher study in Nepal or overseas, your funding requirement for financing fees/expenses related to higher education is fulfilled by Jyoti Bikash Bank. The loan aims at providing financial support to students who wish to study higher education at Nepal or overseas.
To finance for tuition fees and other expenses related to higher/technical/professional education.
1. Funding Criteria
Maximum 90% of College/University expenses.
2. Loan amount
Minimum Loan: NPR 1.5 lakhs
Maximum Loan: NPR 50 lakhs
3. Interest rate: Competitive interest rates. Click here
Land and Building and other Intangible securities
5. Nature of Facility
Non Revolving and non-renewable
Moratorium Period: Course period plus 1 year after the completion of course designated or 1 month after getting employment, whichever is earlier
Principal Repayment: The loan shall be repaid within 5 years after the moratorium period
7. Repayment Modality:
EMI or EQI Basis
Duly filled application form
Mark sheet or certificate of last qualifying examination
Details of the offer from the education institution signifying secured admission to the student