JBL Education Loan

Jamuna Bank Limited offers education loan to the customers those having sufficient net cash flow to deposit the installments regularly of the following customer segment. This 4 years scheme offers maximum BDT 10,00,000 amount of loan for maximum 40 yeard old students of reputed universities, medical, engineering, nursing and other professional courses.

Purpose
Student supposed to bear -

• Tuition Fees
• Living Cost
• Other Educational Expenses
• Consultants Fee
• Visa Processing fees
• Traveling Cost
• Document/ Other Verification Fees
• Purchase of Educational Equipment/ Gadget
• any other cost not stated above but acceptable to the bank.

Age Limit

• For student: Minimum 18 years, Maximum 40 years.
• For Guarantor: Minimum 35 years, Maximum 57 years

Minimum Income

• Gross monthly income of the customer/ guarantor should be at least BDT 30,000.00 per month.
• The customer/ guarantor must have sufficient net cash flow to repay the loan installments.

Loan Size

• Minimum BDT 1,00,000.00
• Maximum BDT 10,00,000.00

Maximum Term of Loan

• 4 years.

Rate of Interest

• As determined by the bank from to time.

Customer Segment

• Students of reputed Public/ Private Universities, Medical/ Engineering/ Nursing Colleges & Institutes Professionals Courses: CA, CMA, CIMA, Marine, MBM, MBA, FCPS, FRCS, Bar-at-Law.
• Minimum Educational Qualification: HSC/ A-Level Pass.
• Overseas Education in any reputed educational institution.
• Person having overseas job offer at hand, bound by training/ course requirement.

Pre-Qualification

• Chatro-Bondhu Account (EL-19).
• or, Overseas Student File.
• or, Overseas Scholarship/ University Acceptance.

Guarantors Qualification

• Guarantor having sufficient net cash flow to deposit installments regularly.
• Parent/ Guardian/ Guarantor who are eligible shall be referred to as Guarantor.

Security/ Collateral

• Mortgage of any tangible asset having forced sale value of at least double the loan amount or Lien on financial asset having value at least equivalent to the loan amount.
• Any other security acceptable to the bank.
• Personal guarantee of the applicant & applicant's spouse.
• Third party Guarantor shall be equal to or more creditworthy than the principal applicant.

* Condition Apply
Jamuna Bank may change, add or remove any conditions any time without notification.

More Jamuna Bank Credit Offers

• JBL Auto Loan
• Jamuna Overseas Job Loan

About Jamuna Bank Limited

Jamuna Bank Limited is one of the well-known private commercial banks in Bangladesh, providing modern and customer-oriented banking services throughout the country. Since its establishment in 2001, the bank has expanded its operations rapidly and gained a strong reputation for reliability, efficiency and technological innovation. Jamuna Bank offers a wide variety of financial services to individuals, businesses and institutions, helping to support economic development and financial inclusion in Bangladesh.

The bank provides comprehensive retail banking services, including savings accounts, current accounts, fixed deposit schemes, personal loans, education loans, debit cards and credit cards. Customers can also enjoy convenient banking facilities through ATM booths, SMS banking, internet banking and mobile banking services. These digital banking systems allow customers to perform transactions quickly and securely from anywhere in the country.

In addition to retail banking, Jamuna Bank plays an important role in corporate and SME banking by offering trade finance, working capital loans, project financing and business support services to industries and entrepreneurs. The bank also supports small and medium enterprises through specialized SME loan programs that encourage business growth and employment generation.

Jamuna Bank further provides Islamic banking services through selected branches and windows, offering Sharia-compliant financial products for customers who prefer Islamic financial principles. The bank is also active in foreign exchange operations and international remittance services, helping expatriate Bangladeshis send money safely to their families. Through its modern services and customer-focused approach, Jamuna Bank continues to contribute significantly to the banking and economic sector of Bangladesh.