This is in line with Press Release on Education Loan: Visa Fee, Tuition Fee and Living Expenses for Overseas Studies issued on 12th November 2022, the RMA would like to clarify that out of five Commercial Banks, only BoBL, BNBL and Druk PNB Bank Ltd are allowed to give loans under the new education loan scheme.
T-Bank Ltd is not allowed to give loan under the new education loan scheme since on further review, the Bank has well exceeded the prescribed lending cap. The RMA is further investigating this breach. Likewise, BDBL is also not allowed to give loan under the new education loan scheme as the Bank is currently under the credit moratorium where the granting of new loan is not allowed.
Management.