Looking for a simplified and flexible loan facility for your higher studies. "NIC ASIA Education Loan" is a collateral-based loan specially designed to facilitate Nepalese students pursuing or going to pursue higher education above +2 Level in Nepal or abroad for meeting their financial requirements.

For more information, /inquiries, please contact the nearest branch or type “EDU” and send SMS to 34488.


Particulars Features
Facility Type Term Loan
Eligibility Minimum 18 years (at the time of application) and a maximum of 70 years at the time of maturity.
Loan amount Minimum NPR 0.3 million to maximum NPR 10 million.
Loan Tenure Minimum 1 year to Maximum 15 years (excluding moratorium period). The Moratorium period is optional.
Interest Rate Competitive Interest Rate. Click Here
Fees and Charges As per Bank Charges. Click Here
Collateral Type 1. Against Land only/Land and Building.
2. Against Fixed Deposit placed with NIC ASIA Bank.
Bank Finance Up to 100% of total cost considered by the bank but not exceeding the valuation of collateral as defined below:
For Land and/or Building:
Maximum up to 80% of Fair Market Value depending upon derived Fair Market Value of Collateral.
For Fixed Deposit:
Maximum up to 90% of the principal amount of the Fixed Deposit
Repayment option Flexible repayment options, only interest to be paid during the moratorium period then only EMI will start.

* Note: All other terms and conditions shall be as guided by Bank’s policy. In addition, to the above-mentioned parameters, Bank can analyze other details too where deemed required.