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Siddhartha Bank Education Loan

Siddhartha Bank Education Loan

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Education expense is an investment for your bright future

Education is an investment towards a bright future. Don’t let anything hold you or your loved ones back. Siddhartha Bank’s Education Loan is here to take care of your finances. Our simplified education loan provided at competitive interest rates aims to support student's finance to study abroad. Siddhartha Bank makes it easy for you to climb the academic ladder by offering a  variety of financial support for your college expenses.

Features
  • Loan up to NPR 10 million.
  • Flexible repayment options, up to 15 years.
  • Attractive & competitive interest rate.
  • Moratorium period up to 1 year or course duration (whichever is earlier).
  • Personal counseling through the process.
  • Simplified documentation requirements.
  • Quick approval and transparent loan processing.
  • Loan remitted in account of educational institutions (Colleges/Universities) after disbursement.
  • Loan processing from wide range of branch networks.

Required Documents

Personal Identification

  • 2 copies of photograph
  • Citizenship and/or Passport
  • Relationship Certificate
  • Marriage Certificate
  • Bank (deposit & loan) account statement of at least 6 months
  • Firm/Company Registration Certificate
  • PAN Certificate (Loan amount equal or above 5 million)
  • Offer Letter/I-20 from Educational Institutions (Colleges/Universities)
  • Course of Enrollment (CoE) Letter from Educational Institutions (Colleges/Universities) (in case of Visa Extension)
  • Immigration Letter from Australian High Commission (in case of Visa Extension for Australia)
  • Location Map (Residence & Office)
  • Documents evidencing the sufficient regular income sources of the applicant and/or guarantors for repayment of loans.
  • Copies of attested certificates of student evidencing completion of secondary level education, higher secondary education and above as per requirement

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