Education and Career Forum

Sir/Madam,
I am from Nepal. I am a Nepalese Muslim student. I would like to get enrolled in any reputed university to complete MBBS course. For this I need to apply in Education Loan. I am a laborious student from a poor family who wants to study MBBS. If you could be able to provide me details of Education Loan scheme for me as I have no property at all.
Your's Sincerely
Md Saharyar Hussain

There are a few education loan schemes available to Nepalese students, some of which are specifically for Muslim students. The following are some of the schemes that you may be eligible for:

• The Nepali Government Education Loan Scheme: This scheme is offered by the Government of Nepal and provides loans to students who are pursuing higher education. The loan amount is up to NPR 1 million and the repayment period is up to 15 years.
  
  
• The Nabil Islamic Bank Education Loan Scheme: This scheme is offered by Nabil Islamic Bank and provides loans to Muslim students who are pursuing higher education. The loan amount is up to NPR 500,000 and the repayment period is up to 10 years.
  
  
• The Everest Bank Education Loan Scheme: This scheme is offered by Everest Bank and provides loans to students who are pursuing higher education. The loan amount is up to NPR 1 million and the repayment period is up to 15 years.[COLOR=var(--bard-color-on-surface-variant)][/COLOR]
  
  

In order to be eligible for an education loan, you will need to meet the following criteria:

• You must be a citizen of Nepal.
• You must have been admitted to a recognized university or college.
• You must have a good academic record.
• You must be able to provide collateral, such as a property or a guarantor.

If you are eligible for an education loan, you will need to apply to the lender of your choice. The application process will vary from lender to lender, but you will typically need to provide the following documents:

• Your application form.
• Your 12th standard mark sheet.
• Your income certificate.
• A letter from your school principal.
• A property document, if you have one.