Usually the one financial student loan is not used on the brand new student. Alternatively a father or a qualified protector must get the borrowed funds on the part of this new pupil. The minimum eligibility having an effective salaried protector is actually 25000 BDT in order to 50000 BDT monthly earnings with respect to the job of one’s protector.

The mortgage selections out of 50000 BDT in order to 20 Lac BDT centered towards the need of new college student. The interest rate is set in the 9% per year. You are abandoned to sixty days tenure to repay the borrowed funds. The mortgage applies for usage inside the education-associated purposes one another yourself and you will overseas. not, the minimum income cap on the guardian are one more restriction for the majority of aspiring youngsters with financial need. To learn more about the borrowed funds and its particular requirements, you could refer here.

East Financial Education loan

Eastern bank is certainly one of several frontrunners from the personal banking market off Bangladesh. Be it the fresh higher turnover price when you look at the for each and every FY otherwise the excellent customer service and you will ease of banking, the financial institution might have been a high choice for regional and you may all over the world financial.

The student loan system out of East bank is similar to You to definitely financial and you will Mercantile bank. In place of One to bank, there’s absolutely no custody maximum to your mortgage strategy. The borrowed funds count selections from Lac BDT so you’re able to 20 Lac BDT with regards to the regional or around the globe means of your college student.