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UPDATED DAILY · FY 2083/84
Lowest Education Loan Rates in Nepal
Education and student loans across Nepali banks, ranked by interest rate — lowest first. Verified bank rates marked ✓ Verified.नेपाली बैंकहरूको शिक्षा र विद्यार्थी कर्जा, ब्याज दरअनुसार क्रमबद्ध — न्यून पहिले। प्रमाणित बैंक दर ✓ प्रमाणित चिन्ह लगाइएका।
✓ Sourced from NRB & bank data · Kartik 1, 2083
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.शिक्षा कर्जाले नेपाल वा विदेशमा अध्ययन वित्तपोषण गर्छ, प्रायः शुल्क, बसोबास खर्च र सम्बन्धित खर्च समेट्दै। विदेश जाने विद्यार्थीका लागि यो बैंक र दूतावासले अपेक्षा गर्ने कागजातको महत्त्वपूर्ण भाग पनि हो, त्यसैले दरभन्दा बाहेक ऋणदाताको छनौट पनि महत्त्वपूर्ण हुन्छ।
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.शिक्षा कर्जा दर र धितो आवश्यकता बैंकपिच्छे फरक हुन्छन्। तलको तालिकाले शिक्षा कर्जा दर प्रकाशित गर्ने हरेक बैंकलाई न्यून पहिले क्रमबद्ध गर्छ, किनकि कम दरले ऋणको लागत घटाउँछ।
Rates are indicative and sourced from public bank/NRB data unless marked ✓ Verified. Confirm the current rate and terms directly with the bank before proceeding.
How to read the range: banks price floating loans as base rate + a premium. The first figure is the lowest premium the bank publishes, which goes to its strongest borrowers; most people pay somewhere between the two figures. Banks are ranked by the starting rate. "Fixed offer" is a fixed-rate scheme.दायरा कसरी पढ्ने: बैंकले फ्लोटिङ कर्जामा आधार दरमा प्रिमियम थपेर ब्याज तोक्छन्। पहिलो अंक बैंकले प्रकाशित गरेको सबैभन्दा कम प्रिमियम हो, जुन बलियो ग्राहकले पाउँछन्; धेरैजसोले दुई अंकको बीचमा तिर्छन्। बैंकहरू सुरुको दरअनुसार क्रमबद्ध छन्।
Want each bank's monthly EMI for your own amount? See it on Sasto Karja, our loan comparison site.आफ्नो रकममा हरेक बैंकको मासिक किस्ता हेर्न चाहनुहुन्छ? हाम्रै कर्जा तुलना साइट सस्तो कर्जा मा हेर्नुहोस्।
Today's spread across banks
4.55%Lowest starting rate · Agricultural Dev. Bank
6.14%Median starting rate, 43 banks
9.59%Highest starting rate · Janaki Finance Co.
On a Rs 25,00,000 education loan over 7 years, the lowest starting rate costs about Rs 34,809 a month and the highest about Rs 40,975: a difference of Rs 5,18,003 over the loan. Your own rate depends on the premium the bank gives you, so ask for it in writing.
Education loan EMI calculator
Monthly EMI–
Total interest–
Total repaid–
Rate pre-filled with today's median starting education loan rate. Banks also charge a one-time service fee, valuation and insurance, so ask for the full cost before you sign. For a year-by-year schedule and the EMI at every bank, use the full education loan EMI calculator.
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For Australia, the UK, the US, Canada, Japan and Europe, a Nepali bank loan usually does two jobs: it pays tuition and living costs, and it gives you the financial proof that universities and embassies ask for. Banks can send the tuition fee directly to the university against the invoice.
Most banks lend against collateral (land, a building or a fixed deposit), and the co-borrower is usually a parent or guardian. The loan is sized from the cost of study plus living expenses, within what the collateral supports.
What it really costs
Try a Rs 25 lakh loan over 7 years in the EMI calculator above at the lowest and the highest rate in the table: the gap in total interest is often several lakh rupees, which is why comparing banks matters as much as the visa file.
If the loan is mainly for financial proof and you will not draw all of it, ask whether you pay interest only on the amount you actually use.
Before you apply: a checklist
Start early: valuation and approval can take weeks, and the visa file needs the sanction letter.
Compare at least three banks on rate, service fee and grace period.
Ask about the grace period during study and whether interest is charged in it.
Ask about prepayment, since many graduates pay off early once they earn abroad.
Plan how you will repay from abroad, using a cheap remittance channel (see remittance rates).
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.माथिको तालिकाको शीर्षमा रहेको बैंकले हाल सबैभन्दा कम शिक्षा कर्जा ब्याज दर प्रकाशित गर्छ। कम दरले ऋणीलाई कम लागत लाग्ने भएकाले कर्जा न्यून पहिले क्रमबद्ध गरिएका छन्।
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.नेपालमा धेरै शिक्षा कर्जाका लागि धितो चाहिन्छ, विशेष गरी ठूलो रकम वा विदेश अध्ययनका लागि। केही बैंकले साना धितोरहित सीमा दिन्छन्। आवश्यकता बैंकअनुसार फरक हुन्छ, त्यसैले आवेदन गर्नुअघि पुष्टि गर्नुहोस्।
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.सक्छ। बैंकहरूले सामान्यतया शुल्क र बसोबास खर्चसहित विदेश अध्ययन वित्तपोषण गर्छन्, र भिसा तथा विश्वविद्यालय प्रक्रियाका लागि चाहिने कर्जा कागजात दिन्छन्। सर्त गन्तव्य र बैंकअनुसार फरक हुन्छ।
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.प्रमाणित चिन्हको अर्थ हो — बैंकले सार्वजनिक स्रोतबाट होइन, Byajdar को पार्टनर पोर्टलमार्फत सिधै दर पुष्टि गरेको हो। त्यस बैंक र उत्पादनका लागि प्रमाणित दरले स्क्र्याप गरिएको डेटालाई सधैं प्रतिस्थापन गर्छ।
Rarely, and only for small amounts. Most Nepali banks want land, a building or a fixed deposit as security, usually worth more than the loan. Some foreign lenders offer collateral-free loans for specific universities, but at higher rates and in foreign currency.
Usually the admission or offer letter (CoE, I-20 or equivalent), the fee estimate, citizenship of the student and of the guardian or co-borrower, the guardian's income proof, and the collateral papers (lalpurja and valuation). Requirements vary by bank.
It depends on the bank. Some start EMIs right away; others allow a grace period while you study and charge only interest. A grace period eases the strain now but adds to the total interest, so compare both with the EMI calculator above.
