Citizens Technical Education Loan
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Purpose |
To meet the financial requirement for pursuing Vocational/Technical courses provided by CTEVT and/or Institutions affiliated/certified with CTEVT |
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Nature |
Terminating loan payable in Equal Monthly Installment |
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Loan Size |
Minimum: NPR 50,000.00 Maximum: NPR 200,000.00 |
|
Tenure |
Maximum 5 years |
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Rate of interest |
Average Base Rate of last three consecutive month plus Premium Rate @ 2% minus Interest Subsidy of 5% |
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Eligibility Criteria |
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Eligibility Criteria
- Borrower should not be above 35 years of age at the time of loan approval.
- Documentary Evfdence of admission or Documents verifying the eligibility of admission.
- Borrower should not be black listed