An education loan is a secured borrowing facility that funds your higher studies — locally or abroad — and is repaid in EMIs after a deferment period. On this page you'll find everything you need to apply: features, eligibility, terms & conditions, fees, and the document checklist across collateral, personal, and income proof.
Features
Built around the needs of students heading abroad — from large ticket-size coverage to a generous moratorium while you focus on your studies.
Borrow up to one crore to cover tuition, consultancy, travel, and living costs abroad.
Stretch your repayment over a tenure that fits your career trajectory and earning curve.
Market-aligned interest rates so more of your repayment goes toward principal, not interest.
Defer repayment for up to 4 years or your course duration — whichever is earlier.
A dedicated counsellor guides you from eligibility check to disbursement and beyond.
A streamlined checklist of documents, with help structuring collateral and income proof.
Fast-tracked processing with clear timelines so you never miss your university intake.
Funds are released as per the institution's fee schedule — directly aligned to your needs.
Process and service your loan from any of Nabil Bank's nationwide branches.
How to Apply
A transparent, supported journey — your counsellor stays with you from the very first call all the way to the funds reaching your institution.
Confirm you meet the age, income, and collateral criteria. Use our quick eligibility tool to know where you stand before you apply.
Meet a Nabil Bank loan counsellor (online or in-branch) to walk through your destination, programme, and funding plan.
Upload identity, academic, income, and collateral documents. Your counsellor reviews and flags anything missing.
Bank-empanelled valuators inspect the mortgaged property and confirm its eligibility per Nabil's collateral policy.
Nabil Bank issues a sanction letter outlining your loan amount, rate, tenure, and disbursement schedule.
Funds are released as per your institution's fee structure — by demand draft, telegraphic transfer, or foreign currency.
Eligibility
Confirm the basics below before you start the application. Your counsellor will help you verify finer details around income and property documentation.
Applicant must be at least 18 years old at the time of loan origination, with maximum age of 70 years at loan maturity.
The mortgaged plot must have at least 8 feet wide motorable road access.
The plot must be free from Guthi and/or Mohi.
The plot should be located away from high-tension power lines.
The plot must not be owned by a third-party as collateral.
Fees & Charges
A clear breakdown of all applicable charges, including prepayment fees that vary by tenure.
| Particulars | Charges |
|---|---|
| Loan Administration Fee | 0.75% of the loan amount |
| Commitment Fee | 0.15% of the unutilized limit |
| CIC Charge | On actual basis |
| Period | Rate |
|---|---|
| Within 2 years from disbursement | 0.75% of prepaid amount |
| From 2 to 5 years from disbursement | 0.375% of prepaid amount |
| After 5 years from disbursement | 0.15% of prepaid amount |
For Fixed Interest Rate Loans, a prepayment fee of 0.75% on the prepaid amount applies.
Note: All charges are subject to change at the direction of Nepal Rastra Bank. All other charges apply per directives issued by Nepal Rastra Bank.
Terms & Conditions
Equated Monthly Installment (EMI) of the borrower should not exceed 50% of the borrower's gross income, after deducting other loan obligations.
All income source documents must be supported by transaction volume in the borrower's account with the Bank.
The mortgaged property must have at least 8 feet wide motorable access. If the property is 1 ropani or above, 10 feet wide motorable access is required. For Education Loans to Australia and New Zealand, properties with 4 feet access may be considered if located within Kathmandu / Lalitpur Metropolitan City.
For Education Loans to Australia and New Zealand, prepayment of the outstanding amount within one year is permitted, but the loan must remain active for at least 1 year — file closure and property release before one year is not allowed except in the case of visa rejection. Prepayment charges do not apply in case of visa rejection.
Required Documents
Organise your paperwork into three groups — collateral, personal & academic, and income proof. Your counsellor will tailor the list to your specific case.
Documents establishing ownership and clearance of the mortgaged property.
Identification, relationship proof, and proof of admission.
Documents that justify the borrower's repayment capacity.
Get started
Speak with an accredited education loan counsellor. Get a clear eligibility check, a tailored document list, and an indicative offer — all in a single conversation.
You can borrow up to NPR 10 million (one crore), depending on your destination, programme cost, collateral value, and household income. Disbursement is aligned to the institution's actual fee structure.
A moratorium is a deferment period during which you do not have to repay principal. Nabil Bank offers a moratorium of up to 4 years or your course duration — whichever is earlier — so you can focus on your studies before EMIs begin.
Yes — Nabil Bank's Education Loan is a secured product. Eligible collateral includes land or land-with-house meeting Nabil's access, road-width, and clearance requirements (free from Guthi/Mohi, away from high-tension lines, etc.).
Repayment can be stretched up to 20 years, including the moratorium period, allowing you to align EMIs with your post-graduation earnings.
Yes. Prepayment fees apply on a sliding scale — 0.75% within 2 years, 0.375% from 2-5 years, and 0.15% after 5 years. Visa rejection cases are exempt from prepayment charges, and Australia/New Zealand loans require a minimum 1-year active period.
The loan covers tuition fees, consultancy fees, airfare, boarding, demand drafts, telegraphic transfers, traveller's cheques, and foreign currency exchange — essentially every meaningful cost of studying abroad.
End-to-end timelines depend on documentation and property valuation. With complete paperwork, sanction is typically issued within a couple of weeks, and disbursement follows the institution's fee schedule.
If your visa is rejected, no prepayment charge applies — you can close the loan file and release the property without the standard prepayment fee.