Bank of Bhutan review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Bank of Bhutan suits salaried Bhutanese borrowers who want a modest variable rate and money the same day. Interest sits at 8.45% and the overall score is 6.4, below the site median rate of 12%.

Key facts

Best for
Salaried staff with a Provident Fund or gratuity who need a modest loan released the same day.
APR
8.45% (Source, checked September 26, 2026)
Loan amount
BTN 100,000 to BTN 1,000,000 (Source, checked September 26, 2026)
Term
84 months (Source, checked September 26, 2026)
Funding time
Instant personal loan, apply online via BoBLoan digital lending platform (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
All salaried employees with Provident Fund (PF)/Gratuity; guarantor must be a Bhutanese national regular employee (Source, checked September 26, 2026)
Loan types
Personal, Secured, Guarantor, Business, Student, Bridging (Source, checked September 26, 2026)
Legal entity
Bank of Bhutan (Source, checked September 26, 2026)
Headquarters
Bhutan (Source, checked September 26, 2026)
Founded
1968 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
bob.bt

Apps and profiles

Elsewhere
XLinkedIn

Pros and cons

Pros

  • Low published interest of 8.45%, under the site median of 12%
  • Same-day funding through the BoBLoan digital lending platform
  • Direct lender covering personal, secured, business and student lending
  • A domestic bank trading since 1968

Cons

  • The rate is variable, so payments can move with the bank's pricing
  • Access is limited to salaried employees, and a guarantor must be a Bhutanese national regular employee
  • Support runs on phone and help centre only
Bank of Bhutan

Ready to try Bank of Bhutan?

Scored 9.3 / 10 by BorrowCue.

See alternatives

Who it suits

  • Salaried employees with Provident Fund or gratuity savings
  • Borrowers who can name a Bhutanese national regular employee as guarantor
  • Anyone wanting same-day money from an established direct lender

Who should look elsewhere

  • Self-employed applicants, who fall outside the salaried employee criteria
  • Borrowers wanting a fixed rate rather than the variable variable pricing
  • People who prefer app-only servicing, since support runs on phone and help centre only

How Bank of Bhutan compares

Where Bank of Bhutan is available

Available
Bhutan

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Bank of Bhutan charge on a personal loan?+

Interest is listed at 8.45%, and the rate is variable, so the figure can move over the life of the loan. The site median sits at 12%, so the published rate is below the typical level shown here. The bank is a direct lender, not a broker, so you deal with it directly.

How much can I borrow and for how long?+

Personal loans run in amounts of BTN 100,000 to BTN 1,000,000 over a term of 84. That ceiling sits well above the site median amount of €876.96, so the range targets larger sums. The longest term is also above the site median of 36.

Am I eligible to apply?+

Eligibility covers salaried employees who hold a Provident Fund or gratuity saving. A guarantor must be a Bhutanese national who is a regular employee. The route is built around formal salaried employment rather than freelance or self-employed income.

How quickly is the money sent?+

Funding time is same day, and the application runs online through the BoBLoan digital lending platform. Same-day funding is the feature the bank lists, and it is the main reason salaried borrowers value this option. Speed is the strongest point here.

What kinds of loans does the bank offer?+

The range spans personal, secured, guarantor, business, student and bridging loans. As a direct lender, Bank of Bhutan hands these out itself rather than passing you to another provider. Support runs by phone and through the help centre.

Is the interest rate fixed?+

The rate is variable, not fixed, so payments can rise or fall as the bank reprices its lending. That is the main trade-off behind the 8.45% headline rate. Borrowers who want certainty in their monthly payment should weigh a fixed-rate option elsewhere.

What is the record of the institution behind the loan?+

Bank of Bhutan has been trading since 1968 and is a direct lender based in Bhutan. It is a domestic commercial bank rather than an intermediary, which keeps the lending decision with the bank itself. The contracting entity is Bank of Bhutan.

Sources

  • bob.bt checked September 26, 2026

    Backs: Features, Funding time, Support channels

    “Get an Instant Personal Loan from Bank of Bhutan”

  • bob.bt/about-bob checked September 26, 2026

    Backs: Founded, Headquarters, Legal entity, Lender type

    “Established by a Royal Charter in May 1968, Bank of Bhutan (BoB) is the oldest bank in the country”

  • bob.bt/interest-service-charges/loan-interest-rates checked September 26, 2026

    Backs: APR, Rate type

    “PERSONAL- CONSUMER LOAN (SALARY BASED) 7 8.45%”

  • bob.bt/personal-banking/loans-personal checked September 26, 2026

    Backs: Loan types

    “Consumer Loan ... Education Loan ... Gold Loan ... Housing Loan ... Medical Loan ... Transport Loan”

  • bob.bt/personal-banking/loans-personal/consumer-loan checked September 26, 2026

    Backs: Loan amount, Eligibility, Term

    “The maximum regulatory limit is Nu. 1,000,000 per person at a time or 50% LTI whichever is lower”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Credit check, Representative example.

Bank of Bhutan

Bank of Bhutan

Salaried staff with a Provident Fund or gratuity who need a modest loan released the same day.

9.3/10See alternatives

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