There
are many meritious and deserving students
aspiring to reach the sky but may not have
the means to achieve...At EBL, we ensure that
their dreams do not remain unfulfilled due
to lack of funds. This scheme provides the
right answer for students who wish to persue
higher studies in Nepal or abroad, but do
not have the means to do so. The criteria
for availing the loan and repaying it are
given below. At a glance, it will tell you
how easily you can avail the loan and repay
it on easy installment basis.
Eligibility
For Education Loan
Should be Nepali national between
16-30 years.
Applicant's guardian(s) should
not be less than 21 years.
For Postgraduate and higher studies
upper age limit is 35 years.
Students should score at least
50% in their last qualifying examination.
Parents/guardians should have
regular source(s) of income.
Purpose
Loan
allowed for following purpose and
for other similar purposes in connection
with students of borrowers in the
country or aboard .
Admission fees.
Books and stationery.
Instruments required for course
undertaken by borrowing scholar.
Monthly fees.
Examination fees.
Boarding & lodging expenses
if students putting up in recognised
boarding House where charges are standardised
& can be paid to management of
Boarding House on behalf of boarders.
Amount
of Loan
The amount of loan is co-related to expenses
involved in taking up course by student
and expected earning after qualifying,
subject to a maximum of :-
For studies in SAARC countries
Rs. 15.00 lakh
For Studies aboard
Rs. 25.00 lacs
Margin
Money
No
margin required
Security/Guarantee
Personal guarantee of either both
parent(s) or guardian(s)
Collateral securities equivalent to
100 percent of loan amount is acceptable
to bank.
Interest
9.50% - 10.00
% p.a. payable in quarterly basis(subject
to change).
Disbursement
The loan shall be disbursed as term
loan.
Year-wise limit shall be set up
based on total expenses involved in
completing the course with the overall
limit.
Lump sum amount shall be disbursed
incase of studies abroad.
Repayment
Repayment of loan will start one year
after completion of studies by borrower(s)
or one month after their getting employment,whichever
is earlier.
Principal amount shall be paid
in 48 monthly installments or 84 months
Services
Eligibility
For Education Loan 
