STRATEGY OF STUDENT LOAN IN NEPAL

Strategies about student loan process in Nepal is very fair and well managed. Most of banks, finance companies, and cooperatives have arranged to make the student loan process easier, shorter and flexible. At a glance, it will tell you how easily you can avail the loan and repay it on easy installment basis. This scheme provides the right answer for students who wish to persuade higher studies in Nepal or abroad, but do not have the means to do so. The criteria for availing the loan and repaying it; age between 16-30, higher education plan, regular source of income of parents, parent's age limitation etc.

Specially, SBI, Everest Bank, PrimeBank, Megha, Nepal Bank Ltd, Investment Bank Ltd, Bank of Kathmandu, Gurkha Bank, Siddhyarth Bank, Jyoti Bank, NCC bank, etc have their own rules and regulations to do process of student loan. Without criteria, it's not possible to take loan although we can get if we understand the strategies of there.

There are some purposes. Without purposes why student loan do we need. In basis of necessities, we do process for student loan. Flexibility and accountability are should be included while getting student loan. Those parents have to be fulfill the requirements. So that they get at least 50000-25 lacks. 10-25 lacks just for study aboard. From the Nepal too, most of students want to go study aboard. Income source of parents have high. Every students want to go aboard so they have to complete their requirements. Although they can understand about the companies requirements and memorandum physically. These are possible by private companies but government has not made that type of strategies or rules for student loan. Government through student loan should be required so that they can be easier for interest rates. In low cost of interest rate, lower and medium level students can get facilities and make further life bright. Although till now, private companies only have arranged in high cost of interest rate of loan.