September 3: Nabil Bank has launched improvised education loan process for students aspiring to go abroad for further education. The bank said in a statement that the students can apply for education loan prior to receiving offer letter from the respective college/university for their enrollment.
Students can contact any branch of the bank with supporting documents which substantiates the course details and its cost while they wait for the offer letter, the statement further said. The bank expressed its belief that this new arrangement will provide enhanced service delivery wherein students can save time for loan processing and avoid rush period of seasonal sessions.
Bank said it had conducted an interaction program with various education consultancies on August 26 for in-depth understanding of this revised feature of education loan.
The bank’s CEO Anil Keshary Shah said “The bank has introduced this new arrangement of education loan to provide the best services to the students. This is an excellent add-on feature where the students no longer have to wait for offer letter from colleges/universities for applying for education loan. Nabil Bank is always committed to make banking easy for all its customers.”
Nabil Bank is providing its services across the nation with a network of 74 branches, 118 ATMs, more than 1500 Nabil Remit agents and many correspondents across the globe.