Saral Banking Sewa

Citizens Bank Education Loan

Get Education loan of up to Rs.5,000,000.00 at attractive rates starting at 10.66% p.a. with flexible tenures of up to 15 years.

Citizens Bank Loan Details

+ up to 4%
Up to 1% One time fee
Up to Rs.5,000,000.00
Up to 15 Years

Citizens Bank Loan Details

+ up to 4%
Up to 1% One time fee
Up to Rs.5,000,000.00
Up to 15 Years

Education is the most important investment one makes in life. Therefore, the Bank has brought the Education Loan, which aims to finance meritorious students who choose to pursue a higher education (Professional or technical) in Nepal and abroad.

Eligibility Criteria

  • Admission confirmation from respective education institution of the student.
  • The parent/ guardian/ spouse of the student should have a regular source of income for repayment of installments.
  • The applicant must be at least 18 years and should not exceed 65 years at the time of maturity.

Documents

  • Duly filled loan application form
  • Original educational certificates/marksheets
  • Offer letter provided by the college
  • schedule of expenses for the course

Features

  • Terminating loan payable in Equal Monthly Installment.
  • Maximum Up to 5.00 Million.
  • Repayment period maximum 15 years including moratorium period.
  • Up to 100% of the cost pf education but not exceeding 80% of Distress Value of collateral security.

  • Recent passport size photo of the student and their parents/guardian/guarantor.
  • photocopy of citizenship/passport of student and their parents/guardian/guarantor.
  • Income proof of applicant's parents/guarantor.
  • 6 months bank statement of parents/sponser/guarantor.
  • Proof of Assets.
  • Other documents demanded by the branch

Saral Banking Sewa is solely a  loan comparison site of Nepal. We just help you to find a perfect loan . For that our customer care team  is always ready to guide you with banking  process. We donot guarantee any kind of loan to a customer. And the loan shown here can be change any time.