Prabhu Bank to provide upto 25 lakh education loan with cheap interest; children of current and former Nepal Army personnel can pursue technical education both inside and outside Nepal

Prabhu Bank has signed a MoU with Nepal Army’s Army Welfare Fund on Falgun 14, 2075 following which the bank will provide educational loan to the diligent children of Nepal Army. The agreement for the same was signed between Major General Taradhoj Pandey and CEO of the bank Mr. Ashok Sherchan amid a program.

After the agreement, the bank will provide educational loan to the children of present and former Nepal Army personnel under the recommendation of Army Welfare Fund to pursue technical education like medicine, Engineering, agriculture and alike in Bachelor level and above. The bank will now provide loan of upto Rs 25 lakh with affordable rate of interest to the diligent sons and daughters of Nepal army willing to pursue their higher and tertiary education inside and outside Nepal.