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I feel proud to take name of KIST Bank as it has given comparatively higher degree of satisfaction to me.
Mr. Kamal Prasad GnawaliRead More »

Education Loan


KIST Education loan has been designed to meet the aspirations of students for completion of their studies both in and out of the country. KIST's education loan scheme provides loan for those students who demonstrate ability, drive and ambition but do not have the financial resources to achieve their goals.

Purpose

For the payment of admission fees, monthly fees, examination fees, books, stationery and instruments required for course undertaken by borrowing scholar.

Salient Features

  • Minimum Loan Amount Rs. 1,00,000 and Maximum Loan Amount Rs. 5 Million.
  • Loan tenure of maximum up to 15 years.
  • Loan can be granted up to 90% of the Distress Value subject to the maximum loan limit.
  • Management Fee of 1% of the sanctioned loan amount.
  • Interest Rate of 12%-14% p.a.
  • Repayment in equated monthly installments basis.