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Education loans

Bhutanese students wishing to pursue higher studies or develop skills abroad can now avail loan up to Nu 1.5 M. Financial institutions will provide the loan for a period of five years. The Royal Monetary Authority (RMA) in collaboration with finance and labour ministries launched the “Overseas Education and Skill Development Scheme”. Under the new scheme, students can avail loan at 8% interest rate per annum. The central bank and financial institutions have waived off collateral and mortgage requirement. Instead a letter of acceptance from the university or vocational institutions attested by labour ministry will be used as a condition of loan.

Education Loan Providers in Bhutan

  1. Bank of Bhutan Ltd
  2. National Pension and Provident Fund
  3. Druk Punjab National Bank
  4. Bhutan Development Bank