ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED
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Education Loan

Education Loan

12

%
per annum

5

Years
Maximum Repayment Term

Nu 3.5

Million
Maximum Ceiling

6

Months
Gestation Period
Checklist
Loan Checklists
  • Offer letter
  • Confirmation of enrollment
  • Undertaking letter from guarantor on loan repayment and follow up issues
  • Copy of valid Citizenship Identity (CID) of the applicant
  • Recent Passport size photograph of the applicant and guarantor (if applicable)
  • Loan application form duly filled and signed by the applicant (Downloads)
  • Original property ownership certificate (Lag Tharm)
  • Census/family tree of the property owner (if applicable)
  • Copy of appointment order or promotion order of the applicant (if applicable)
  • Latest pay slip of the applicant duly filled, signed, and sealed by the finance officer (if source of repayment is from salary income)
  • Valid license copy, income statement and BIT receipt (if source of repayment is from business income)
  • Building occupancy certificate (if source of repayment is from rental income).
  • Letter of consent from applicant for disclosing and sharing information (Downloads) rectification.
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