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Home›Loan›Citizens Higher & Technological or Vocational Education Loan

Citizens Higher & Technological or Vocational Education Loan

Purpose

To meet the financial requirement of the student to pursue higher, Technological and Vocational bachelor level or higher studies defined by Nepal Government.

Nature

Terminating loan payable in Equal Monthly Installment

Loan Size

Minimum of NPR 50,000.00 and Maximum of NPR 500,000.00

Tenure        

Minimum: 1 year

Maximum: 5 years

Rate of interest

Average Base Rate of last three consecutive month plus Premium Rate @ 2% minus Interest Subsidy of 5%

Borrower's Age

Not exceeding 25 years at the time of loan approval

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