Purpose/Objectives: The loan aims at providing financial support to students to pursue higher education.
Eligibility: Loan can be availed by Bhutanese citizens who have completed at least class 12 and wish to pursue higher education including vocational training.
Loan Amount: The maximum loan amount is Nu. 1,500,000/- (subject to LTV and LTI). The actual loan amount is determined based on the fee structure, mortgage value and repayment capacity of both student and the guarantor.
Interest Rate: 8% p.a. during study period and 9% p.a. thereafter.
Tenure: 15 years
Repayment: Immediately after the disbursement and must be met from the guarantor’s monthly salary
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