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What will the loan actually cost you?
Published Nepali bank rates, a monthly figure in rupees, and the total interest most families never work out until year three.
No sign-up, no email, nothing gated. Rates as published August 2026.
Typical first year in UK: tuition £12,000 to 32,000 plus £10,539 living.
NPR 67,00,000 · 67.0 lakh
9.50% per year
10 years
Your monthly payment
NPR 86,696
every month for 10 years
Total interest
37.0 lakh
NPR 37,03,564
Total repaid
1.04 crore
NPR 1,04,03,564
The same loan, at published bank rates
Lowest published floating rates, August 2026. Banks revise these monthly, confirm at the branch before you sign anything.
Rastriya Banijya Bank
from 5.97% floatingcheapest
NPR 74,283/mo
Global IME Bank
from 6.38% floating
NPR 75,669/mo
Everest Bank
from 6.45% floating
NPR 75,907/mo
Siddhartha Bank
from 6.53% floating
NPR 76,179/mo
Other banks. Nabil, NIC Asia, NMB, Kumari, Machhapuchchhre, Sanima and more, publish their education loan rates monthly rather than holding them steady. We pull the current sheets for every bank on your file rather than guessing here.
Indicative only. Reducing-balance EMI on the amount, rate and term you selected. It excludes processing fees, property valuation, deed registration and insurance, and assumes repayment starts immediately. Many Nepali banks offer a grace period while you study, which changes the number.
What nobody tells you first
Four things about Nepali education loans.
Collateral decides the size, not your marks
Most abroad-study loans in Nepal are secured against property. Banks typically lend against 60 to 70% of the valuation, so the land decides the ceiling, not your academic record.
Floating means it can move
A floating rate is tied to the bank's base rate and is revised periodically. The low headline rates in the market are almost always floating. Fixed rates sit near 10% and usually cap out at five years.
Budget for the fees around the loan
Processing fees are commonly around 0.5 to 1% of the sanctioned amount, and you also pay for the property valuation, deed registration and insurance. Ask for the all-in cost, not the rate.
The bank wants the NOC too
You generally cannot draw an education loan without your Ministry of Education NOC and a confirmed offer. Start the loan conversation early, but expect the file to close only once the offer lands.
Documents
What the bank will ask for.
Have these ready and the file closes in weeks rather than months. The valuation and the CIB check take longest, so start them early.
- Offer letter or CAS / I-20 from the institution
- No Objection Certificate (NOC) from the Ministry of Education
- Land ownership certificate (lalpurja) and a bank-approved valuation
- Tax clearance and income evidence for the sponsor
- Relationship documents linking you to the sponsor
- CIB (credit information) clearance for the borrower
- Citizenship certificates and passport-size photographs
We'll compare the banks for you.
We are not a bank and we take nothing from one. We run your numbers across the banks that will actually lend on your file, and sequence the loan so it strengthens your visa application rather than complicating it.