Turkmenistan's State Commercial Bank "Dayhanbank" offers a bank loan called "Student Loan" intended for paying tuition fees for students studying in higher and secondary vocational educational institutions.

According to the bank, the loan is provided to support youth, encourage their creative initiatives, and create favorable conditions for improving their professional skills.

The "Student Loan" is issued exclusively in non-cash form for paying tuition fees.

Main loan terms:

  • Loan amount: up to 42,000 manats;

  • Interest rate: 5% per annum;

  • Loan term: 3 years.

Loan collateral is determined depending on its amount. For loans up to 10,000 manats, the guarantee of one or more citizens is accepted; for loans up to 15,000 manats, the guarantee of two or more citizens is accepted. For loans exceeding 15,000 manats and up to 42,000 manats, collateral is required.

The bank reports that applications and necessary documents from students and parents wishing to use the "Student Loan" are accepted online through the bank's official website.

For additional information about the "Student Loan," you can contact the Ashgabat and velayat branches of "Dayhanbank" at the following telephone numbers:

  • Ashgabat city: 38-03-79, 38-02-86, 24-44-55, 24-52-85;

  • Ahal velayat: (800137) 3-34-39;

  • Balkan velayat: (800246) 5-21-51;

  • Dashoguz velayat: (800322) 9-35-07;

  • Lebap velayat: (800422) 9-13-48;

  • Mary velayat: (800522) 6-76-40.