Nepal Rastra Bank has directed the banks and financial institutions to provide loans against the educational certificates. For the purpose, the central bank has implemented ‘सहुलियतपूर्ण कर्जाका लागि ब्याज अनुदान सम्बन्धी एकीकृत कार्यविधि २०७५’ for ‘A’, ‘B’ and ‘C’ class financial institutions.
Individuals who have completed their bachelors level and have not attained the age of 40 years can receive the loan from the financial institutions. Students who meet the criteria can apply for subsidized loan upto Nrs 7 lakh from the nearest branch (nearest to the project location) of banks.
Download the PDF file regarding the circular with all related information about Nepal Government's policy of Loan against certificate program.
Visit any bank near you to get more details about this scheme and the procedure to obtain this loan. Students can send their queries at email@example.com or call 01-4411407 if you have any concerns or queries. Please don't get confused this with education loan (loan for higher studies).