Nabil Bank Education Loan interest rate 2083
Nabil Bank Education Loan: effective rate 9.12%, EMI from Rs. 20,817 per month. Compare with 19 other banks.
#6 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.52%
Premium
2.6%–3.81%
Effective rate
9.12%–10.33%
Fixed
10.62%–12.33%
- Processing fee
- 0.5% (Min Rs. 1,000)
- Prepayment penalty
- 0.51%
- Loan amount
- Rs. 2 Lakh – Rs. 1 Cr
- Tenure
- 12 – 180 months
- Max financing
- 8%
- Age
- 21 – 40 years
Highlights
- Nepal and abroad study
- Moratorium during study
- Covers tuition, living and travel
Who is eligible
Admission letter and fee structure required. Parent or guardian as co-borrower.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Admission letter
- Fee structure
- Passport (for abroad)
Nabil Bank Education Loan FAQ
What is Nabil Bank's current Education Loan interest rate?+
Nabil Bank's Education Loan floating rate is base rate 6.52% plus a premium of 2.6% to 3.81%, giving 9.12% to 10.33% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Education Loan from Nabil Bank?+
At 9.12% over 60 months, the EMI is roughly Rs. 20,817. Use the calculator above to change the amount or tenure.
Can I prepay a Nabil Bank Education Loan?+
Yes. The published prepayment charge is 0.51% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.