Nepal SBI Education Loan Scheme: Up to 80 Lakh for Nepalese Studying in Nepal & Abroad
15th June 2025, Kathmandu
Nepal SBI Bank has unveiled a comprehensive Education Loan Scheme tailored to support Nepalese students who aspire to pursue higher education both inside Nepal and abroad.
Nepal SBI Education Loan Scheme
Recognizing that financial constraints often become a barrier to academic success, this scheme offers robust financial backing to deserving and meritorious students. Whether you aim to enroll in diploma programs, undergraduate degrees, professional courses, or pursue master’s and higher education, Nepal SBI Bank stands ready to make your educational journey smoother and more affordable.
Unlock Your Potential with A Loan of Up To Rs. 80 Lakh
The loan amount under this scheme can go up to Rs. 80 lakh, empowering students to finance tuition, accommodation, travel, and other essential academic expenses without worrying about money. This generous ceiling allows students to focus fully on their studies and career development.
Who Can Apply? Clear And Fair Eligibility Criteria
Nepal SBI Bank ensures the loan reaches the right candidates by setting clear eligibility rules:
Applicants must be Nepalese citizens.
They should have completed at least the higher secondary level (Plus Two).
Age limits vary based on the course level:
For Diploma, Graduate, Professional, and Vocational Courses, applicants should be between 18 to 35 years old.
For Master’s or above degree programs, the upper age limit extends to 40 years.
Additionally, the parents or guardians must have a stable monthly income. Their uncommitted income must be at least 1.25 times the monthly interest payable, with a gross income of at least twice the interest amount.
This ensures that students from financially stable families with a commitment to education can access the loan.
Wide Range Of Eligible Courses To Suit Your Goals
Nepal SBI Bank’s loan supports diverse educational paths, including:
Diploma courses
Bachelor’s and graduate degree programs
Master’s and higher education
Professional and vocational training
This flexibility ensures that students across different fields and specializations can avail of the loan according to their ambitions.
What Expenses Does The Loan Cover?
Understanding that educational costs extend beyond tuition, the loan covers a comprehensive list of expenses:
College and hostel fees: admission fees, tuition, examination fees, laboratory and library charges, and Overseas Student Health Cover (OSHC) for those studying abroad.
Books and equipment: purchase of essential study materials, instruments, and equipment.
Travel costs: airfare for students and their dependent family members, if accompanying.
Boarding and living expenses: recognized hostel fees and general living costs for students and dependents.
This all-encompassing coverage helps students and families budget effectively without financial strain.
Transparent Pricing: Interest And Service Charges
Nepal SBI Bank follows a clear Service Charge and Fees Schedule for this education loan. While interest rates and fees may vary over time, the bank maintains transparency and encourages applicants to inquire at branches or on the official website for the latest information. This openness helps students plan their finances well in advance.
Flexible And Supportive Repayment Options
The repayment plan is designed keeping students’ future earnings and career-building in mind:
Moratorium Period: Students get a maximum of 5 years or 6 months after course completion to focus solely on their studies without repaying the principal loan amount. During this period, the interest must be paid monthly by the student’s parents or guardians.
EMI Repayment: After the moratorium, the principal loan is repaid in monthly installments over 15 years, easing financial pressure once the student has graduated and started earning.
This thoughtful structure lets students complete their education without immediate repayment burdens and manage EMIs comfortably after securing employment.
Secure Your Loan With Trusted Collateral
To protect both the borrower and the bank, Nepal SBI Bank requires collateral in the form of:
Land and building property valued at 110% or more of the loan amount.
Alternatively, Fixed Deposit Receipts (FDRs) worth at least 115% of the loan amount.
This ensures security for large loan amounts and helps maintain trust between the bank and the borrower.
Simple Document Process For Smooth Loan Approval
To apply, students must prepare the following documents:
Completed loan application form
Marksheet of the last qualifying examination
Official offer letter or admission proof from the educational institution
Detailed fee schedule and cost estimates
Copies of any scholarship letters
Two recent passport-size photographs of the student and parents/guardians
Copies of citizenship or passports
Foreign exchange permit (for overseas studies)
Proof of regular income of parents or guardians
Tax clearance certificates and PAN details, if applicable
A brief statement of assets and liabilities
Ownership documents for property or FDRs offered as collateral
Completing these requirements thoroughly speeds up the loan processing and approval timeline.
How To Get Started: Reach Out To Nepal SBI Bank Today
Students and their families interested in applying can visit any Nepal SBI Bank branch nationwide to receive personalized guidance. The bank’s team will assist with application forms, clarify queries, and help understand the loan terms. Additionally, the bank’s website offers a convenient feedback and inquiry feature located at the top right corner for easy communication.
Why Choose Nepal SBI Bank Education Loan?
Nepal SBI Bank is committed to empowering Nepal’s youth by investing in their educational ambitions. This education loan scheme is a testament to that commitment. It offers:
Large loan amounts to fully fund studies
Flexible repayment options tailored to students’ future incomes
Broad coverage of education-related expenses
Transparent interest rates and service charges
A smooth application process with clear eligibility criteria
Support for studies in Nepal and abroad
By removing financial barriers, Nepal SBI Bank helps students focus on learning and skill development, paving the way for a brighter future and a stronger Nepal.
Final Thoughts
Whether you dream of studying in Kathmandu, Pokhara, or a top university abroad, Nepal SBI Bank’s Education Loan Scheme can make those dreams a reality. With extensive support, flexible terms, and reliable service, it’s the ideal financial partner for your educational journey. Start your application today and take the first step toward a successful career backed by strong academic credentials.
For more: Nepal SBI Education Loan Scheme
