EBL Education Finance Pack

Raihan | August 2, 2019 | Student Account | No Comments

Like planting seeds in fertile soil, giving children the best education now will help them grow to reach their full potential. Many families like yours choose to send children abroad for higher education because you believe this will cultivate your child’s unique skills and talents in a supportive and nurturing environment. And while the cost of this may seem daunting, the benefits will last a lifetime.

At EBL, we’ve developed the Education Finance Pack with three types of loan facilities so that you can select matching your need. Our Education Loan covers the entire cost of your child’s education to help you send your children for higher education abroad. So be it for home or abroad, for your child or for yourself – EBL Education Finance Pack is always beside you.

EduLoan Unsecured – Education Loan without Security Deposit

	EMI based loan facility

	Loan amount minimum BDT 100,000 to maximum BDT 10,00,000

	Loan amount up to 80% of the summation of admission fee, tuition fee, semester fee, other fees as stated by the educational institutions, living/lodging expenses and traveling expense. Total expense estimation needs to be submitted by the applicant with supporting documents.

	Processing fee – 1% of the Loan amount

	Repayment tenor : 12 – 60 months

	Advance / partial pre-payment is allowed

	Competitive Interest Rate

	Student File services available

EduLoan Secured – Education Loan with Security Deposit

	EMI based loan facility

	Loan amount is 90% of the security deposit (EBL FD)

	Processing fee – 1% of the Loan amount (minimum BDT 2,000 or maximum BDT 10,000)

	Repayment tenor : 12 – 60 months

	Advance / partial pre-payment is allowed

	Within same day processing

	No personal guarantee required

	Interest rate: FD+3% or 12% whichever is higher

	Student File Services available

	Joint applicant possible, provided he/she is a co-applicant of the security.

EduLine – Credit Facility against Security Deposit

	Loan amount is 90% of the security deposit

	Advance/partial pre-payment is allowed

	Interest against utilization only

	Within same day processing

	Processing fee – 1% of the Loan amount (minimum BDT 2,000 or maximum BDT 10,000)

	No personal guarantee required

	Interest rate: FD+3% or 12% whichever is higher

	Student File Services available

	Joint applicant possible, provided he/she is a co-applicant of the security

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Raihan