The Education Loan provides financial support to parents or students seeking funds for pursuing a bachelor’s degree. This loan enables you to attain higher education, paving the way for you to achieve your dream profession.

Product Features

• Loan amount: Up to USD 2,500
• Interest rate: Reasonable rate
• Loan term: Up to 12 months
• Repayment mode: Flexibility according to cash flow

Interest Computation

• Declining method is used

Requirements

• Be a majority aged 18 or above 
• Permanent resident
• Completed high school or studying at university
• Have high commitment in pursuing education
• Have a good record and be reliable
• Originate from poor family who cannot afford to pay full school fee at once

Required Documents

• ID card, passport, family book, residential book, birth certificate
• Transcript certificate or High School Diploma (BacII)
• Other documents on incomes and expenses of family

Note:

• KB PRASAC reserves the right to change terms and conditions with prior notice to the client as required by law.
• Other terms and conditions apply.