25th June 2025, Kathmandu
In a world driven by competition and academic excellence, the value of education has never been higher. Many students in Nepal dream of studying abroad or pursuing higher education in Nepal.
Nabil Bank Education Loan
However, financial constraints often block the path. Understanding this challenge, Nabil Bank has introduced an Education Loan scheme that supports both national and international education goals.
This loan offers up to NPR 10 million, helping students and parents cover all academic expenses. The scheme is tailored to make education more accessible with low interest rates, minimal documentation, and quick approval. Whether it’s a university in Kathmandu or Sydney, this loan removes financial roadblocks for thousands.
Wide Coverage Of Expenses
One of the major highlights of Nabil Bank’s Education Loan is its comprehensive expense coverage. The loan isn’t limited to tuition fees. It also includes:
Consultancy charges
Airfare and boarding costs
Demand drafts and telegraphic transfers
Traveler’s cheques and foreign exchange
This coverage ensures that students and families don’t have to worry about hidden or last-minute educational expenses. From the moment you receive your university offer to the time you settle abroad, Nabil has you covered.
Loan Features You’ll Love
Nabil Bank’s Education Loan has been designed keeping student and parent convenience in mind. Here’s what makes it different:
Loan Amount: Up to NPR 10 million
Repayment Period: Flexible, up to 20 years
Moratorium Period: Up to 4 years or course duration (whichever is shorter)
Interest Rate: Competitive and attractive
Loan Disbursement: Aligned with the university or college’s fee structure
Documentation: Simplified to save time
Service: Personal counseling support and transparent processing
Branch Availability: Process your loan from multiple locations across Nepal
These features are tailored to ease the stress on families. The longer repayment period allows students to complete their studies and secure a job before they begin repaying. This is particularly important for those heading to expensive countries like Australia, New Zealand, USA, or the UK.
Who Can Apply?
Eligibility is clear and practical. The applicant must:
Be at least 18 years old at loan approval
Be no older than 70 years by the time the loan matures
The property pledged as collateral must meet certain conditions:
Minimum road access of 8 feet (10 feet for plots above 1 ropani)
Must be free from Guthi or Mohi ownership disputes
Should not be third-party collateral
For education loans targeted for Australia and New Zealand, plots with 4 feet access are accepted if located within Kathmandu or Lalitpur Metropolitan cities
This ensures a balance between security for the bank and convenience for the borrower.
Income And Repayment Guidelines
To prevent overburdening the borrower, Nabil Bank has set clear financial guidelines. The Equated Monthly Installment (EMI) must not exceed 50% of the borrower’s gross income after deducting existing loans. Moreover, the income proof must match transaction records in the bank account.
Income sources may include:
Salaries
Rental income
Pension
Business profits
Foreign employment
Commercial vehicle operations
Proper documents like salary slips, rental agreements, business audit reports, and vehicle blue books are required for verification. This maintains financial discipline while offering maximum support.
Fees, Charges, And Prepayment Policy
Nabil Bank’s education loan is designed to be both affordable and transparent. The bank charges a Loan Administration Fee of 0.75% of the total loan amount at the time of processing. Additionally, if any portion of the sanctioned loan remains unutilized, a Commitment Fee of 0.15% is applied on that unused amount.
In case the borrower wishes to repay the loan before the full tenure, a Prepayment Fee applies based on the timing. If the repayment is made within 2 years of disbursement, the charge is 0.75% of the prepaid amount. For prepayments made between 2 to 5 years, the fee is reduced to 0.375%, while any repayment done after 5 years will incur only 0.15% in charges.
For loans taken at a fixed interest rate, the prepayment fee remains fixed at 0.75%, regardless of the tenure. Furthermore, students taking loans to study in Australia or New Zealand are required to keep the loan active for a minimum of 1 year, even if they wish to prepay early. However, an exception is made in cases of visa rejection, where early repayment is allowed without any additional charges.
Apart from these, CIC (Credit Information Center) charges and other fees prescribed by Nepal Rastra Bank (NRB) are applied on an actual cost basis. These charges are subject to change as per regulatory updates.
Required Documents For Processing
To maintain a secure and smooth process, Nabil Bank requires the following documents:
Security Documents:
Land Ownership Certificate (Lalpurja)
Char Killa & Blueprints
Tax clearance certificates
House registration in Lalpurja (if house exists)
Personal Documents:
Citizenship/Passport
Photographs (2 copies)
Relationship and Marriage Certificates
Bank Statements (6 months)
Income proof (salary, business, rental, etc.)
Academic and Visa Documents:
Offer Letter or I-20
Certificate of Enrollment (CoE)
No Objection Letter from MoE
Immigration letter (for visa extensions)
These documents help verify your academic status, financial position, and collateral security, ensuring a transparent loan process.
Special Case: Studying In Australia Or New Zealand
Nabil Bank has crafted special provisions for students heading to Australia or New Zealand. If the borrower applies for these destinations:
The property can have just 4 feet of road access if located in Kathmandu or Lalitpur
Prepayment before 1 year is not allowed unless visa is rejected
Prepayment charges are waived in case of visa denial
This shows how Nabil Bank is flexible and student-friendly, adjusting its terms for the most popular study-abroad destinations.
Promoting Financial Independence Through Education
The Nabil Education Loan isn’t just a financial product—it’s an investment in human capital. Nabil Bank aims to create a generation of skilled professionals by helping them access global education. By simplifying the process, providing affordable rates, and offering long-term support, Nabil Bank ensures students don’t give up on their dreams.
Whether you’re planning to study medicine in Nepal, engineering in Australia, or IT in the USA, Nabil Education Loan has you covered. With this loan, students can dream big without being limited by financial stress.
Final Thoughts
Education is the foundation of a better tomorrow. With the Nabil Education Loan, students and families in Nepal now have a reliable, flexible, and transparent option to fund their academic ambitions. The loan comes with all the features necessary for a smooth academic journey—high loan limits, extended repayment options, competitive interest rates, and full coverage of expenses.
So, if you’re planning higher education and need financial support, Nabil Bank’s Education Loan is your trusted partner. Apply now, and take the first step towards a brighter academic and professional future.
For more:- Nabil Bank Education Loan