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Tuition Fee Loan

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Tuition Fee Loan

Let focus on what is important for your children ‘’ Study’’. CAB will take care for your children Tuition Fee via CAB Tuition Fee Loan.

Loan amount : Up to USD 10,000
Interest Rate : 10%p. a
Processing charge : 1% minimum USD 5
Loan Tenor : From 1 month up to 10 months
Repayment : EMI (equal monthly installment)

Eligibility :

  1. Tuition Fee Loan granted to parent /guardian whose children study at CAB partner school
  2. Tuition Fee account holder at CAB
  3. Maximum 80% of school tuition fee including other school administrative charge that billed together or separately granted to parent/guardian Process and Document Required
  4. Require customer having Tuition Fee Account with CAB Bank and Apply Tuition Fee Loan via CAB mobile banking
  5. Salary Individual: Last 6 months salary slip or bank statement
  6. Self-employed: last 3 months bank statement
  7. School invoice
  8. Sign the Tuition Fee Loan agreement with the bank

How to Apply Loan :

  1. Require customer having Tuition Fee Account with CAB Bank, customer can submit Tuition Fee Loan through digital channel (CAB Bank Mobile App), or any CAB Bank branches.

Disbursement Method :

  1. Disbursement to Tuition Fee Account
Term and Condition of Tuition fee loan are stated below:
  1. View | Download

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