An education loan funds study in Nepal or abroad, often covering tuition, living costs and related expenses. For students heading overseas it is also a key part of the documentation banks and embassies expect, so the choice of lender matters beyond just the rate.
Education loan rates and collateral requirements vary between banks. The table below ranks every bank publishing an education loan rate, lowest first, since a lower rate reduces the cost of borrowing.
Lowest Education Loan Rates in Nepal — Bank Comparison
2 Banks| # | Bank | Interest Rate | Action |
|---|---|---|---|
| 1 |
SIDE
Siddhartha BankLowest
|
9.25% | |
| 2 |
NBL
Nepal Bank Limited
|
9.80% |
Which bank has the lowest education loan rate in Nepal?
The bank at the top of the table above currently publishes the lowest education loan interest rate. Loans are ranked lowest-first because a lower rate costs the borrower less.
Do I need collateral for an education loan in Nepal?
Many education loans in Nepal require collateral, especially for larger amounts or study abroad. Some banks offer smaller unsecured limits. Requirements differ by bank, so confirm before applying.
Can an education loan cover studying abroad?
Yes. Banks commonly finance overseas study, including tuition and living expenses, and provide the loan documentation needed for visa and university processes. Terms vary by destination and bank.
What does the ✓ Verified badge mean?
It means the rate was confirmed directly by the bank through Byajdar's partner portal. Verified rates override scraped data for that bank and product.