Education Loan

Along with the Education Loan application you will have to provide certain documents to allow us to process your loan at the earliest. Here is the list of documents required for processing Education Loan.

A. Identification Documentation

• Photograph and copy of citizenship of the applicant/sponsor/guarantor
• Copy of Individual PAN certificate (where applicable)
• Map of the applicants’/sponsor’s/guarantor’s residence
• Net worth statement of applicant/guarantor/sponsor
• Multiple Banking document
• Account in NMB Bank Ltd.

B. Income related documents

For salaried individuals

• Salary certificate from the employed organization/company (Not older than 3 months).
• Bank Statement for minimum 6 months, as applicable.
• Latest two salary slips (if any).
• Tax paid documents

For self-employed professionals

• Certificate of registered professional.
• Detail of income source/ profession.
• Proof of last 3 years of continuous practice (if any).
• Bank Statement for minimum 6 months, as applicable.
• Tax Paid documents

For business person

• Latest audited financial statement as per prevailing Company/Tax Act of Nepal.
• Bank Statement for minimum 6 months, as applicable.
• Certificate of Incorporation (in case of organization)
• Valid Firm/Company registration certificate.
• MOA/AOA, Share Lagat, partnership deed (as applicable)
• Recent tax paid receipt documents

For other sources

• Latest lease payment receipt or agreements, title deed of property. Future rental income will not be considered.
• Other rental income details. If the asset generating rental income is under loan from other financial institution, the Bank must take into consideration the residual income from such asset.
• Pension slip, interest received statement etc.
• Bank Statement for minimum 6 months, as applicable.
• Other verifiable income.
• Tax paid documents

C. Collateral related documents

• Land ownership certificate
• Blueprint/Cadastral Map / trace map