Purpose

To meet the financial requirement for pursuing Vocational/Technical courses provided by CTEVT and/or Institutions affiliated/certified with CTEVT

Nature

Terminating loan payable in Equal Monthly Installment 

Loan Size

Minimum: NPR 50,000.00

Maximum: NPR 200,000.00

Tenure        

Maximum 5 years 

Rate of interest

Average Base Rate of last three consecutive month plus Premium Rate @ 2% minus Interest Subsidy of 5%

Eligibility Criteria

• Borrower should not be above 35 years of age at the time of loan approval.
• Documentary Evidence of admission or Documents verifying the eligibility of admission.
• Borrower should not be blacklisted.
• The borrower/co/borrower should be nepalese national.