Education Loan

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Education Loan

This loan is designed by the banks to support the students for their regular education expenses, tuition fees, higher studies, etc. This loan may be secured or unsecured. Loan is sanction to guardian on behalf of student.

 

 

Basic Information

Target Customer Loan Limit Tenor Interest Rate
Regular Student of Public & Private Universities of Bangladesh From BDT 50,00 to BDT 300,000

(may differ from bank to bank)

12 to 60 months

(may differ from bank to bank)

Maximum 9% Yearly
(may differ from bank to bank & time to time)

 

 

List of some banks which have Personal Loan product

Bank Name Product Name
 AB Bank Ltd.  Education Loan (for executive)
 BRAC Bank Ltd.  Executive Study Loan
 Dutch-Bangla Bank Ltd.  Education Line
 Eastern Bank Ltd.  EBL Education Finance Pack
 IFIC bank Ltd.  Parua
 Jamuna Bank Ltd.  Education Loan
 Mercantile Bank Ltd.  Education Loan
 Modhumoti Bank Ltd.  Education Loan
 NCC Bank Ltd.  NCC Bank Education Loan
 NRB Bank Ltd.  My Study Loan
 Prime Bank Ltd.  Education Loan
 The City Bank Ltd.  City Scholar
 One Bank Ltd  Student Loan
 Trust Bank Ltd.  Education Loan
 United Commercial Bank Ltd.  Education Loan

 

 

Required Documents

  • National identity/passport/driver license/nationality/ward commissioner’s certificate with photo attachment
  • Clear studio Photograph and business card
  • Bank statement for last 6 months
  • Copy of TIN related document
  • Letter of Introduction (LOI) for salaried executives or salary slip
  • Trade license/MOA for businessmen
  • Copy of house ownership and rent agreement for landlord and land lady
  • Other document as per loan category
  • Other documents as per bank requirement

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