Saral Banking Sewa

Shangri La Development Bank Education Loan

Get Education loan of up to Rs.3,000,000.00 at attractive rates starting at 11.94% p.a. with flexible tenures of up to 5 years.

Shangri-la Development Bank Loan Details

+ up to 5%
Up to 2% One time fee
Up to Rs.3,000,000.00
Up to 5 Years

Shangri-la Development Bank Loan Details

+ up to 5%
Up to 2% One time fee
Up to Rs.3,000,000.00
Up to 5 Years

Providing best of the education to children is top priority of every parent and we at Shangri-La Development bank are committed to be a helping hand in your dream of educating your children of their dream profession. This product can be availed for financing higher study in Nepal or Abroad.

Eligibility Criteria

  • Student should be son or daughter of the client
  • Client should be at least of 21 years and should not be more than 60 years.
  • Client must be Nepali citizen
  • Parents should have a regular income source

Documents

  • Photocopy of Citizenship of Applicant/ Guarantor / Student
  • Offer letter from the college for the course applied for
  • Marksheet and character certificate of the student of SLC and above
  • Photocopy of Land/Building Ownership certificate (Lal Purja)

Features:

Student should be son or daughter of the client
Collateral shall be required for all the above mentioned product
Maximum of 70% of distress value of the collateral shall be availed as loan
Collateral should be accessible by at least 8 feet wide motorable road
Collateral should be free from Guthi and mohi; and far from high tension wire
Collateral shall be valuated by authorized valuator of the bank
Maximum tenure of loan shall be of 5 years
Client should be at least of 21 years and should not be more than 60 years at the time of availing loan

Benefits:

Easy repayment plan matching with the income of the client
Personalized service
Quick processing and decision shall be obtained within 48 hours after complete submission of documents
Easy documentation

  • Passport size photograph (3 Copies) of Loan Applicant / (1 copy) of Guarantor / (1 copy) student
  • Four Boundary Certificate ( Char Killa )
  • Blue Print Map of the proposed collateral land
  • Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved)
  • Land revenue tax (malpot receipt)
  • Income certifying document (salary letter, balance sheet, rental agreement etc
  • Firm / company registration and PAN in case of parent owning business entity

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.