Features
Interest Rate: Base Rate + upto 2.50% premium per annum
Facilities
Education Loan
The loan product has been developed to provide loans to students aspiring to pursue higher education at institutions within the country or abroad, covering all types of expenses related to higher education.
Requirements
- Passport size photographs of Applicant
- Applicant’s Citizenship certificate
- Certified income source
- National Identity Number (NID)
- Photographs and Citizenship certificate of Guarantors
- Academic certificate(s) up to one level below the level of study intended to be pursued.
- 'No Objection Letter' from the Ministry of Education and the 'Acceptance Letter' from the concerned educational institution (for foreign education).
- Certified copy of passport (for foreign education)..
- Copy of visa or visa extension certificate (for those pursuing education abroad) after loan approval.
- Other supporting documents on demand.
Fee Charges
- Administrative Charge – 1 %
- CIC Charge – Rs. 282.50 per inquiry (For No Transaction Report)
- Rs. 621.50 per inquiry (For Transaction Report)
