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Sanima Education Loan

Make your future bright

Purpose


To part finance fees and expenses related to higher / technical / professional education in Nepal and abroad.

Eligible Courses

MBBS, BDS, Engineering, Veterinary, Management, Computer & Technology related, CA, ICWA, CFA, Post Graduate courses within Nepal and any Graduate or Post Graduate course abroad .

Basic Criteria
  • Proof of eligibility of admission in an educational institution
  • Equated Monthly Installment (EMI)< 60% of the Net Monthly Income /Cash Flow of Student and /or Parents and /or Sponsor(s)
  • Loan will be backed by collateral provided in the form of registered mortgage over real estate belonging to the Students / Parents / Sponsor(s)
Amount (Percentage Financing)
  • Loan up to NPR 1.5 Million or cost of education expenses, whichever is lower, for students studying in Nepal
  • Loan up to NPR 2.5 Million or cost of education expenses, whichever is lower, for students studying abroad
Repayment
  • Equated Monthly Installment (EMI)
Tenure
  • Maximum 10years
Interest Rate
  • 11%perannum
Note : This offer and/or any condition under this offer is l are subjected to change and maybe withdrawn at anytime without prior notice.


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