::. SANIMA BANK .::-banking simplified

Make your future bright

Purpose

To part finance fees and expenses related to higher / technical / professional education in Nepal and abroad.

Eligible Courses

MBBS, BDS, Engineering, Veterinary, Management, Computer & Technology related, CA, ICWA, CFA, Post Graduate courses within Nepal and any Graduate or Post Graduate course abroad .

Basic Criteria

Proof of eligibility of admission in an educational institution
Equated Monthly Installment (EMI)< 60% of the Net Monthly Income /Cash Flow of Student and /or Parents and /or Sponsor(s)
Loan will be backed by collateral provided in the form of registered mortgage over real estate belonging to the Students / Parents / Sponsor(s)

Amount (Percentage Financing)

Loan up to NPR 1.5 Million or cost of education expenses, whichever is lower, for students studying in Nepal
Loan up to NPR 2.5 Million or cost of education expenses, whichever is lower, for students studying abroad

Repayment

Equated Monthly Installment (EMI)

Tenure

Maximum 10years

Interest Rate

15.00-18.00%perannum

Note : This offer and/or any condition under this offer is l are subjected to change and maybe withdrawn at anytime without prior notice.