Mega Youth- MY Bank@ Campus Account is a Savings deposit account scheme designed especially for college going students across the country.
Features:
Purpose |
To meet Education Loan requirement for pursuing higher education in Nepal or abroad. |
Maximum Loan amount |
Up to NPR 5,000K |
Minimum Loan amount |
NPR 500K |
Tenor (months) |
Minimum: 1 year / 12 months (excluding moratorium period) Maximum: 15 years/ 180 months (including moratorium period) |
Moratorium Period |
Maximum of 4 years or duration of course, whichever is earlier |
Re-payment method |
EMI |
Security Type |
FAC (Freehold land/building ) |
Security |
Registered Mortgage Charge over FAC |
Interest Rate* |
15% p.a. |
Loan Processing Fee |
1.00% of Loan amount |
*Conditions Applied.
For further information, please contact:
Resource Development Department
Mega Bank Nepal Limited
Rising Mall (4th Floor), Kamaladi, Kathmandu
Phone: 977-1-4169204/ 205, Fax- 977-1-4169217
Email: deposit@megabank.com.np