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Bhutan's First and Only A+ Accredited Institution      Inspiring Education in Bhutan

 

 

1. Eligibility

• Should be a Bhutanese Citizen. 
• Secured admission to Professional / Technical courses through Entrance Test / Selection process. 
• Secured admission to foreign University / Institutions. 
2. The loan is allowed for the expenses such as fees payable to college, school or hostel. For purchasing Books and other study materials, security deposits and other refundable deposits.

3. The Maximum amount allowed as loan is Nu. 0.40 Million @ 9% rate of interest for studies in Bhutan and Nu. 1.50 Million @ 11% rate of interest for studies abroad.

4. No collateral securities required for a loan up to Nu. 400000.

5. Suitable guarantee, most probably from parents or guardian according to the net worth of such party’s up to Nu. 400000 and a tangible collateral security are required for the loan above Nu. 400000.

6. All loans should be secured by the parent(s)/guardian of the student borrower.

7. Repayment period is 5 years and the repayment starts from one month after disbursement of the loan amount.

8. The documents required for education loan are:
• Completed Education Loan Application Form
• Mark sheets of last qualifying examination
• Proof of admission scholarship
• Schedule if expenses for the specified course
• Copy of the Citizenship Identity Card
• Proof of income of Parents/Guardian
• 2 passport size photographs


Click Here to Download the Application Form