NIC Asia Education loan is a simplified and flexible student loan for your higher studies. The education loan is a collateral-based term loan specially designed to facilitate your higher education financial requirements in Nepal or abroad. Our study loan has a simple documentation process, quick disbursal, and longer repayment tenure.
For more information about the education loan please contact the nearest branch or type “EDU” and send SMS to 34488.
Minimum 18 years (at the time of application) and a maximum of 70 years at the time of maturity.
Minimum NPR 0.3 million to maximum NPR 10 million.
Minimum 1 year to Maximum 15 years (excluding moratorium period). The Moratorium period is optional.
1. Against Land only/Land and Building.
2. Against Fixed Deposit placed with NIC ASIA Bank.