Question 1

Which Nepali banks offer education loans for studying abroad?

Accepted Answer

Major banks including NMB Bank, NIC Asia, Everest Bank, Rastriya Banijya Bank, Nepal Bank, and others offer education loans for international study. Interest rates typically range from 9–13% per annum. Loan amounts can cover full tuition and living costs.

Question 2

Can an education loan be used as proof of funds?

Accepted Answer

For the UK Student Route visa, yes , a sanctioned education loan from a recognized bank is accepted as proof of funds. For Australia, a loan approval letter can support your financial evidence. The loan sanction letter must show the total approved amount.

Question 3

What is a typical EMI for a study abroad loan?

Accepted Answer

For a NPR 40 lakh loan at 11% interest over 7 years, the monthly EMI would be approximately NPR 67,000. Use the calculator above to see exact figures for your specific loan amount, rate, and tenure.

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