Education Loan

Shangrila STUDENT Loan02

Providing best of the education to children is top priority of every parent and we at Shangri-La Development bank are committed to be a helping hand in your dream of educating your children of their dream profession.

Product that you can avail for
a Financing higher study in aboard
b Financing higher study in Nepal
Features
a Student should be son or daughter of the client
b Collateral shall be required for all the above mentioned product
c Maximum of 70% of distress value of the collateral shall be availed as loan
d Collateral should be accessible by at least 8 feet wide motorable road
e Collateral should be free from Guthi and mohi; and far from high tension wire
f Collateral shall be valuated by authorized valuator of the bank
g Maximum tenure of loan shall be of 5 years
h Client should be at least of 21 years and should not be more than 60 years at the time of availing loan
Benefits
a Easy repayment plan matching with the income of the client
b Personalized service
c Quick processing and decision shall be obtained within 48 hours after complete submission of documents
d Easy documentation
Documentation
a Passport size photograph (3 Copies) of Loan Applicant / (1 copy) of Guarantor / (1 copy) student
b Photocopy of Citizenship of Applicant/ Guarantor / Student
c Offer letter from the college for the course applied for
d Marksheet and character certificate of the student of SLC and above
e Photocopy of Land/Building Ownership certificate (Lal Purja)
f Four Boundary Certificate ( Char Killa )
g Blue Print Map of the proposed collateral land
h Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved)
i Land revenue tax (malpot receipt)
j Income certifying document (salary letter, balance sheet, rental agreement etc)
k Firm / company registration and PAN in case of parent owning business entity

Charges and Interest Rate

Please visit our nearest branch for further information and to learn about charges and interest rate