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NewsStudy AbroadAECC Global Partners with Everest Bank for Low-Cost Student Loans

AECC Global Partners with Everest Bank for Low-Cost Student Loans


Kathmandu, Nepal – June 20, 2024: AECC Nepal has announced a partnership with Everest Bank to provide students with exclusive financial support. This collaboration will enable AECC students to access education loans with the lowest interest rates and minimal service charges, significantly reducing the financial burden on families.

The partnership aims to make international education more accessible by offering favorable loan conditions to students who aspire to study abroad but are hindered by financial constraints. AECC, known for its comprehensive education consultancy services, and Everest Bank, one of Nepal’s foremost banking institutions, have joined forces to streamline the financial aspects of studying overseas.

Key Aspects of the Agreement:

  • Competitive Interest Rates: Everest Bank will offer education loans at the lowest interest rates (reduced from up to 3.50% to up to 2.00%), exclusively for students facilitated by AECC.
  • Reduced Service Charges: Students will benefit from reduced service charges from 0.75% to 0.50%, making the loan process more affordable and transparent.
  • Efficient Loan Processing: The partnership ensures a seamless and efficient loan application process with loan disbursal within 7 working days simplifying the journey for students.
  • Comprehensive Financial Planning: Everest Bank will provide dedicated financial advisors to assist students in managing their education finances effectively.

About AECC Educational Consultancy: AECC Global is a leading education consultancy in Nepal, dedicated to helping students achieve their higher education dreams abroad. With over 900 global education partners and experienced counselors, AECC provides comprehensive support and guidance to students.

About Everest Bank: Everest Bank is a premier financial institution in Nepal, renowned for its customer-centric services and innovative financial products. With an extensive branch network across the country, Everest Bank offers a range of banking services, including specialized education loans to support the financial needs of its customers.

Effective immediately, students can contact AECC for more information.

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