Education Loans

You can achieve your dream, earns a bachelor degree, by having a PRASAC’s Education loan. You are able to graduate your higher education level easily.

Product Features

  • Loan amount: USD 125 to USD 500
  • Interest rate: 14% per year
  • Loan term: 4 to 12 months
  • Repayment mode: flexible

Interest Computation

  • Declining method is used

Requirements

  • Be a majority aged 18 to 65 years old
  • Permanent resident
  • Completed high school or studying at university
  • Have high commitment in pursuing education
  • Have a good record and be reliable
  • Originate from poor family who cannot afford to pay full school fee at once

Required Documents

  • ID card or passport or Family book or residential book or residential book
  • Transcript certificate or High School Diploma (BacII)
  • Other documents confirming incomes and expenses of family or business