Education loans are the loans provided to the students to assist in payment of the cost of education such as university tuition, books, and living expenses. We at Bhawishya would provide you with information on commercial banks offering Educational Loans for studies at reasonable rates. We also help you with the entire procedure, starting from eligibility criteria and selection of bank, to making loan application, preparing required documentation etc.

WHAT ARE THE BASIC REQUIREMENT FOR AN EDUCATIONAL LOAN ?

ELIGIBILITY  

• Have Secured admission in oversees institution.
• Should be above 18 years of age
• Should be Nepali  

What are the Documents Required?

• Citizenship of applicant
• Certificates from SLC level onwards
• Copy of Lalpurja
• Copy of Blueprint and trace map
• Copy of 4 killa
• Copy of tiro rashid
•  Offer letter from college

General Charges (May Vary According to Bank)

• Valuation Fee (Min 5,000.00----normal charge=0.25% of Distress Value of property)
• Rokka ChargeInsurance Charge if building is also provided as collateral.
• Insurance Charge if building is also provided as collateral.

EDUCATIONAL LOANCOVERS THE FOLLOWING EXPENSES

• Library Fees
• Laboratory Fees
• Books and Study Material
• Instrument and Equipment
• Living Expenses
• Health Insurance Premium
• Examination Fees