HNB FINANCE introduces loans for education

Higher education is an important step in investing in a bright future. This is a basic qualification that anyone expects, but it has much more requirements than knowledge, interest, time and commitment. Achieving educational goals and future success is not always an easy task in the face of financial difficulties. Student loans are designed to help you pay for graduate school and study, college tuition, and book expenses.

With the introduction of education loans, HNB FINANCE can open doors in the future without worrying about financial needs. He fulfills his task of realizing the dream of Sri Lankan students of higher education.

How to get a student loan:
Our student loan can provide students with the financial assistance they need to continue their postgraduate studies. The loan amount ranges from 50,000 to 3,000,000 rupees, which covers the basic financing needs of most higher education programs. When applying for a student loan, you must provide at least two guarantors or guarantees regarding collateral requirements.

Who can apply for a study loan?:
Anyone between the ages of 18 and 55 who wants to get a higher education can apply for a student loan. If you are a college student, you can apply for a loan from your parents and it will benefit both parties.

If you are not married, your net income must be at least 30,000 rupees, and the minimum income of a married applicant is Rs. It should be 40,000.

In addition, HNB FINANCE states that the institution must be accredited and registered with the relevant authorities, such as the University Grants Commission, the Ministry of Education or other government agencies, such as the Investment Board.

Attractive interest rates on student loans: (offer to convert into benefit programs)
One of the features of this lending system is that, unlike most educational lending institutions operating in Sri Lanka, HNB FINANCE provides the opportunity to pay up to 90% of the relevant tuition fees under the education lending system. The loan repayment period can be up to 7 years, and you also have to pay a monthly fee. This flexible procedure frees you from the additional burden associated with the payment of a lump sum. Compared to other student loan interest rates in Sri Lanka, we also offer competitive interest rates allowing more people to get loans.

Required Documents:
.Loan Application Form
.A copy of the national identity card
.Proof of residence (otherwise, present Gram Niladhari certificate or sworn testimony of a Justice of the peace)
.Letter of admission or admission to an educational institution
.Payment form
.Proof of income is a document certified by the employer
.Payroll statement or bank statements for the last three months)
.Documents confirming the company (certificate of registration of the company or equivalent document)
.Business records (tax receipts, audited accounts)
.Accounts receivable for the last three months

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