Saral Banking Sewa

Mahalaxmi Bikas Bank Education Loan

Get Education loan of up to Rs.5,000,000.00 at attractive rates starting at 11.47% p.a. with flexible tenures of up to 15 years. The processing fee varies between 1% and 2% of the loan amount.

Mahalaxmi Bikas Bank Loan Details

+ up to 5%
Up to 2% One time fee
Up to Rs.5,000,000.00
Up to 15 Years

Mahalaxmi Bikas Bank Loan Details

+ up to 5%
Up to 2% One time fee
Up to Rs.5,000,000.00
Up to 15 Years

Mahalaxmi Education Loan is the loan product that finances eligible expenses of students who is pursuing or willing to pursue higher education inside the country and abroad.

Eligibility Criteria

  • Age of student must be 17-50.
  • Age of parent must be maximum 70 years on loan of maturity.
  • • Students should have completed at least SLC or Equivalent level of education.
  • Parents/Sponsors should have regular source of income.

Eligible Expenses

  • Tuition Fee payable to college/university.
  • Examination/Library/Laboratory fee.
  • Purchase of books/equipment/instruments/uniforms etc.
  • Deposits if any as per the needs/requirements of educational institution.
  • Travel Expenses in case of abroad study.
  • Advance fee to be payable to college/University.
  • Any other expenses required to complete the desired course.

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.