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You are here: Home » Consumer Banking Products » EBL Education Finance Pack  
Like planting seeds in fertile soil, giving children the best education now will help them grow to reach their full potential. Many families like yours choose to send children abroad for higher education because you believe this will cultivate your child’s unique skills and talents in a supportive and nurturing environment. And while the cost of this may seem daunting, the benefits will last a lifetime.
At EBL, we’ve developed the Education Finance Pack with three types of loan facilities so that you can select matching your need. Our Education Loan covers the entire cost of your child’s education to help you send your children for higher education abroad. So be it for home or abroad, for your child or for yourself – EBL Education Finance Pack is always beside you.
EduLoan Unsecured – Education Loan without Security Deposit
EMI based loan facility
Maximum loan amount BDT 10,00,000 or 10 times of Gross Monthly Income of the applicant
Loan amount up to 80% of the summation of admission fee, tuition fee, semester fee, other fees as stated by the educational institutions, living/lodging expenses and traveling expense. Total expense estimation needs to be submitted by the applicant with supporting documents.
Processing fee – 1.5% of the Loan amount
Repayment tenor : 12 – 60 months
Advance / partial pre payment is allowed
Interest Rate: 18%
Student File services available
Disbursement:
  • Study in Bangladesh: Initial admission fee & initial semester/tuition fee to be remitted directly to the institutions through Pay Order.

  • Study Abroad: Initial admission and initial semester/tuition to be remitted abroad through EBL Smart Student File. Payment for traveling expenses to be reimbursed through Pay Order favoring the travel agent.
EduLoan Secured - Education Loan with Security Deposit
EMI based loan facility
Loan amount is 95% of the security deposit (EBL FD)
Processing fee – 1% of the Loan amount or BDT 10,000, whichever is higher
Repayment tenor : 12 – 60 months
Advance / partial pre payment is allowed
Within same day processing
No personal guarantee required
Interest Rate: FD+3%
Student File services available
EduLine – Credit Facility against Security Deposit
Loan amount is 95% of the security deposit
Advance / partial pre payment is allowed
Interest against utilization only
Within same day processing
Processing fee – 1% of the Loan amount or Tk. 2,000, whichever is higher
No personal guarantee required
Interest Rate: FD+3%
Student File services available
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