Shangri-la Education Loan

Providing best of the education to children is top priority of every parent and we at Shangri-La Development bank are committed to be a helping hand in your dream of educating your children of their dream profession. This product can be availed for financing higher study in Nepal or Abroad.

Apply Now arrow_right_alt
Finance and tenure
Upto

3.99 % financing

Tenure Upto

4 years

Features:

  • Student should be son or daughter of the client
  • Collateral shall be required for all the above mentioned product
  • Maximum of 70% of distress value of the collateral shall be availed as loan
  • Collateral should be accessible by at least 8 feet wide motorable road
  • Collateral should be free from Guthi and mohi; and far from high tension wire
  • Collateral shall be valuated by authorized valuator of the bank
  • Maximum tenure of loan shall be of 5 years
  • Client should be at least of 21 years and should not be more than 60 years at the time of availing loan

Benefits:

  • Easy repayment plan matching with the income of the client
  • Personalized service
  • Quick processing and decision shall be obtained within 48 hours after complete submission of documents
  • Easy documentation

Document Required:

  • Passport size photograph (3 Copies) of Loan Applicant / (1 copy) of Guarantor / (1 copy) student
  • Photocopy of Citizenship of Applicant/ Guarantor / Student
  • Offer letter from the college for the course applied for
  • Marksheet and character certificate of the student of SLC and above
  • Photocopy of Land/Building Ownership certificate (Lal Purja)
  • Four Boundary Certificate ( Char Killa)
  • Blue Print Map of the proposed collateral land
  • Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved)
  • Land revenue tax (malpot receipt)
  • Income certifying document (salary letter, balance sheet, rental agreement etc)
  • Firm / company registration and PAN in case of parent owning business entity
*Condition applied

Everything you will need to get Shangri-la Education Loan

Ready to open Shangri-la Education Loan

The Process

  • Apply online

    Check that you’re eligible and what you need, then apply online.

  • Upload your documents

    Check that you’re eligible and what you need, then apply online.

  • Wait for approval

    Check that you’re eligible and what you need, then apply online.

  • Contact you nearest branch for further process

  •  
FAQ

Shangri-la Education Loan explained

Find the answers to frequently asked questions here.

A home loan, also known as a mortgage, is a type of loan provided by a financial institution (such as a bank or a mortgage lender) to individuals or families to help them purchase a home. Home loans are a common way for people to finance the purchase of real estate, as buying a home often requires a substantial amount of money that most individuals do not have readily available.

Eligibility for a home loan can vary depending on the lender, the type of home loan, and the country's specific lending regulations. However, there are some common factors that lenders typically consider when determining eligibility for a home loan:
arrow_upward