Pubali Bank Student Loan in 2025 (Update Info)

The experience of study abroad is life-changing and leads to a world of opportunities. But for many families, paying for international education is no easy feat. In such a setting, a facility like pubali bank ltd student loan for foreign education is perfect as it allows guardians a trustworthy source of funding to realise the aspirations of their children who wish to study abroad. This complete guide covers the characteristics, eligibility criteria, documents required and all the benefits of taking out a Pubali Bank Foreign Education Loan that you will need to reach a decision.

Why Choose Pubali Bank Student Loan for Foreign Education?

This student loan from Pubali Bank is specifically designed for parents or guardians providing financial assistance for overseas education. Be it tuition fees, hostel fees, living expenses, or other similar expenses, you can bear it all with the help of his loan. Pubali Bank never lets financial constraints come in the way of education with attractive interest rates, easy repayment scheme, speedy processing.

Key Features of Pubali Bank Student Loan

Features of Pubali Bank Foreign Education Loan Here are some of the most notable features of the Pubali bank Foreign education loan for financing higher studies abroad:

• Loan Amount: Up to Tk. 25.00, or 80% of the value of the security, which provides considerable coverage for education related expenses.”
• Flexible Repayment: Opt for an EMI repayment period from 12 to 60 months as per your financial capability.
• Competitive Interest Rate: 14.00% fixed interest allows you to plan your finances and not be concerned with interest rate changes.
• Moratorium Period: Max up to 3 months, allowing you some time before your EMIs begin.
• Student File Service: Help with paperwork and application explaining the loan process.
• No Fine Print: Crystal clear terms with no hidden fees.
• Nominal Processing Fee: It’s only 0.50% of the loan value so that you can keep upfront costs in check.
• Early & Part Pre-Closure: You can pre-close the loan and make partial payment anytime and there are no charges.
• Fast Documentation: Clear documentation and speedy approval for quick funding.

These characteristics make the Pubali Bank education loan an attractive option for parents who want to finance international education of their child without worrying about money.

Eligibility Criteria for Pubali Bank Student Loan

To expand accessibility, Pubali Bank has devised discernible qualifications for its Global Education Loan. Requesters must meet the following prerequisites:

• Applicant Profile: The requester should be a guardian or first-degree relative accountable for bearing the learner’s educational expenses. The applicant may also be the student themselves if they are over the age of 18.
• Nationality: Must be a citizen of Bangladesh, endorsed by a lawful National ID (NID).
• Income Reliability: The requester must have a steady salary source to pay the Equated Monthly Installments. A minimum monthly net income of thrice the EMI is expected.
• Tax Adherence: For loans exceeding Tk. 5.00 Lac, the requester must have reliable tax documentation as a taxpayer.
• Age Boundary: The applicant’s age should not surpass 65 years at the time of loan maturity so that they have sufficient years post-retirement to repay without hardship.

These prerequisites ensure Pubali Bank’s scholar loan is accessible to a broad range of guardians and students themselves with stable fiscal backgrounds, simplifying international educational support for Bangladesh’s future generations.

Required Documents for Pubali Bank Student Loan

To acquire a student loan from Pubali Bank, applicants must furnish certain paperwork:

• Evidence of Identity: Photocopies of National ID for the borrower and guarantor, plus a copy of the student’s passport.
• Portraits: Two recently developed passport-sized photographs of the applicant, guarantor, and student.

Proof of Earnings:

• For salaried individuals: A wage certificate from an authorized body.
• For business owners: A valid trade license, profit and loss statement, financial reports from the firm/company.
• Bank statements covering at least the past six months.
• Latest Income Tax Clearance Document, Tax Return, or Tax Acknowledgement Receipt (if relevant for loans exceeding Tk. 5.00 Lac).

Academic Files:

• Admission letter from the foreign educational institution.
• Profile of the chosen institution.
• Study plan with an expenditure schedule outlining tuition and living costs.
• Photocopies of pertinent educational credentials and transcripts, containing IELTS/TOEFL scores (if applicable).

Security Documents:

• Personal guarantees.
• Authorization to debit the borrower’s deposit account for EMI collection.
• Fully prepared, post-dated, and valid signed MICR checks along with a Memorandum of Check Deposit.
• Collateral security such as an FDR with Pubali Bank or other banks, duly discharged and marked with a lien.

Submitting these papers ensures a smooth application process, letting Pubali Bank verify eligibility and efficiently process the loan.

How to Apply for Pubali Bank Student Loan

Applying for the Pubali Bank student loan is easy. Follow these steps:

1. Take a Trip to a Branch: Call or visit your closest Pubali Bank branch, sub-branch or Islamic Banking Window (IBW) throughout the country.

Talk To Someone About Loans: Visit a loan officer to find out what is involved and what forms you will need to submit. You can also reach out via:

• Phone: 02-223381614 (Ext. 380, 490), 47118710, 47118827 or zuerich IP +88 09666821816.
• Email: cls@pubalibankbd.com.
• Upload Documents: Upload the necessary documents for verification.

1. Loan Process: The bank will process your request for the loan, scrutinise the documents and evaluate the collateral (if any).
2. Approval and Disbursal: Once the loan is approved, an amount will be disbursed to cover educational expenses.

Pubali Bank’s smooth operations make sure that you can get access to the required funds immediately, enabling you to start your education abroad right on time.

Why Pubali Bank Stands Out

The Pubali Bank student loan enables more than monetary assistance; it opens avenues to making dreams of overseas education a reality. With an attractive annual percentage rate of 14.00%, adaptable payment selections, and a clear application methodology, Pubali Bank guarantees guardians can center on their child’s destiny sans budgetary anxieties. The lack of buried charges and the choice for early settlement further enhance its allure.

Moreover, Pubali Bank’s dedication to swift handling and uncomplicated documentation differentiates it from other monetary establishments. Whether you’re financing tuition for a prestigious college or covering living expenses abroad, this loan supplies inclusive backing tailored to your needs.

Conclusion

The Pubali Bank student loan for financing international education presents a potent tool for parents seeking to fund their offspring’s studies abroad. With a maximum sum of Tk. 25.00 lakh available at a competitive 14.00% interest, its flexible repayment conditions offer a pragmatic solution to managing educational expenses. By fulfilling stringent eligibility criteria and providing the necessary documentation, applicants can access this loan effortlessly, ensuring their children have the opportunity to pursue a world-class calibre of tuition.

For additional details or to embark upon an application, visit your local Pubali Bank branch or contact their customer care team. Take the primary step toward safeguarding your child’s prospective by applying for the Pubali Bank student loan today. Their support could unlock boundless horizons for the young minds of tomorrow.

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