EduLoan

Complete Request Form: EduLoan

Personal Details

Educational Details

Income Details

Loan Details

Financial Institutions

Complete

Step 1 / 6

Personal Details

Please fill the details below

Full Name

NIC Number

Phone Number

Email Address

Education Level

Back Next

Step 2 / 6

Educational Details

Student Name

Select the Educational Institution

Admission /Application Number

Student Grade

Back Next

Step 5 / 6

Select Preferred Financial Institutions to Request EduLoans

Priority Bank

Product Type

Branch

Secondary Bank

Product Type

Branch

Third Bank

Product Type

Branch

I want to apply for a Credit Card

I want to open a Savings Account/ Fixed Deposit

Educational Loan Offerings from Partner Financial Institutions

Product Type	Interest Rate	Max Tenure	Security	Min - Max Ticket Size
Variable interest rate loan (1 / 6 months)	Starting AWPLR + 2.75% (Variable) and 19.25% p.a. (Fixed)	5 years (salaried employees), 10 years (professionals)	Contact Bank	Rs 100,000 - 10,000,000
Fixed interest rate loan (1 / 3 / 5 years)	Starting AWPLR + 2.75% (Variable) and 19.25% p.a. (Fixed)	5 years (salaried employees), 10 years (professionals)	Contact Bank	Rs 100,000 - 10,000,000
Revolving credit facility	Contact Bank	7 years	One personal guarantee	Rs 100,000- 5,000,000
Bulk payments in advance	Contact Bank	2 to 13 years	One personal guarantee	Rs 100,000- 5,000,000
Study guard loan	14.5-15 %	7 years	Contact Bank	Rs 100,000 - 15,000,000
Higher education loan	14.5-16 %	10 years	Contact Bank	Rs 100,000 - 20,000,000
Personal Loan for Higher Education	Contact Bank	5 Years	Contact Bank	Rs 100,000 - 5,000,000

Educational Loan

Primary & Secondary Education (Schools)	Higher Education (Institute / University)
Study Guard Package Now you can apply for a loan coupled with a protection cover for an uninterrupted education for your child. Product 1 – Loan Min - Max Ticket Size: Rs 100,000 up to a Maximum of Rs.15 Million Applicable Cap: 100% Total fee requirement (Admission/Donations/Term fees etc.) Max repayment tenure: 7 years Disbursed directly to the School (Semi Government/ Private or International schools) Prerequisites: Offer letter to be obtained from the school Product 2 – Insurance Cover A special school fees protection cover to guarantee uninterrupted education of your child in the event of Permanent Disability, Critical illness or Demise of the Policy Holder. Policy Period: - 2 to 13 years Premium - One time premium payment option Prerequisites: Entry age of a Policy Holder (Parent/ Family Member/ Guardian/ Caretaker) 18 to 60 years	Higher Education Loan Min - Max Ticket Size: Rs.100,000 up to a Maximum of Rs.20 Million Applicable Cap: Up to 90% of course expenditure to be covered. (Registration fees / Course Fees / Examination fees etc.) Repayment tenure: up to 10 years Only interest can be paid during the Course Period + 06 months (Optional) Disbursed directly to the Educational Institute/ University Special benefits for the HNB youth account holders A laptop can be purchased with the loan

Primary & Secondary Education

(Schools)

Higher Education

(Institute / University)

Study Guard Package

Now you can apply for a loan coupled with a protection cover for an uninterrupted education for your child.

Product 1 – Loan

Min - Max Ticket Size: Rs 100,000 up to a Maximum of Rs.15 Million
Applicable Cap: 100% Total fee requirement (Admission/Donations/Term fees etc.)
Max repayment tenure: 7 years
Disbursed directly to the School (Semi Government/ Private or International schools)
Prerequisites: Offer letter to be obtained from the school

Product 2 – Insurance Cover

A special school fees protection cover to guarantee uninterrupted education of your child in the event of Permanent Disability, Critical illness or Demise of the Policy Holder.

Policy Period: - 2 to 13 years
Premium - One time premium payment option
Prerequisites: Entry age of a Policy Holder (Parent/ Family Member/ Guardian/ Caretaker) 18 to 60 years

Higher Education Loan

Min - Max Ticket Size: Rs.100,000 up to a Maximum of Rs.20 Million
Applicable Cap: Up to 90% of course expenditure to be covered. (Registration fees / Course Fees / Examination fees etc.)
Repayment tenure: up to 10 years
Only interest can be paid during the Course Period + 06 months (Optional)
Disbursed directly to the Educational Institute/ University
Special benefits for the HNB youth account holders
A laptop can be purchased with the loan

Last updated: April 4th, 2024

*Rates are subject to change *Conditions applied

*Please check with the bank for the latest information

Educational Loan

Loan rates for existing loans w.e.f Sep 01,2023
Education Loan Rates
Interest Frequency	1 Month Variable			6 Months Variable			1 year Fixed			3 year Fixed			5 year Fixed
Salary Category	Salary Assigned	Salary Remitted	Standing Instruction	Salary Assigned	Salary Remitted	Standing Instruction	Salary Assigned	Salary Remitted	Standing Instruction	Salary Assigned	Salary Remitted	Standing Instruction	Salary Assigned	Salary Remitted	Standing Instruction
Salary Above LKR 250,000/-	AWPLR +2.75%	AWPLR +3.00%	AWPLR +3.25%	19.50% p.a. (Base Rate)	Base Rate + 0.5%	Base Rate + 1.25%	19.25% p.a. (Base Rate)	Base Rate + 0.5%	Base Rate + 1.25%	19.00% p.a. (Base Rate)	Base Rate + 0.5%	Base Rate + 1.25%	18.00% p.a. (Base Rate)	Base Rate + 0.5%	Base Rate + 1.25%
Salary Between LKR 150,000/- & LKR 249,999/-	AWPLR +3.00%	AWPLR +3.25%	AWPLR +3.50%	Base Rate + 1.00%	Base Rate + 1.50%	Base Rate + 2.25%	Base Rate + 1.00%	Base Rate + 1.50%	Base Rate + 2.25%	Base Rate + 1.00%	Base Rate + 1.50%	Base Rate + 2.25%	Base Rate + 1.00%	Base Rate + 1.50%	Base Rate + 2.25%
Salary Between LKR 75,000/- & LKR 149,999/-	AWPLR +3.25%	AWPLR +3.50%	AWPLR +3.75%	Base Rate + 1.50%	Base Rate + 2.00%	Base Rate + 2.75%	Base Rate + 1.50%	Base Rate + 2.00%	Base Rate + 2.75%	Base Rate + 1.50%	Base Rate + 2.00%	Base Rate + 2.75%	Base Rate + 1.50%	Base Rate + 2.00%	Base Rate + 2.25%
Salary Between LKR 30,000/- & LKR 74,999/-	AWPLR +3.50%	AWPLR +3.75%	AWPLR +4.00%	Base Rate + 2.00%	Base Rate + 2.50%	Base Rate + 3.25%	Base Rate + 2.00%	Base Rate + 2.50%	Base Rate + 3.25%	Base Rate + 2.00%	Base Rate + 2.50%	Base Rate + 3.25%	Base Rate + 2.00%	Base Rate + 2.50%	Base Rate + 2.25%

Loan rates for existing loans w.e.f Sep 01,2023

Obtain an educational loan at a variable interest rate

Interest Rate: Starting AWPLR + 2.75% (Variable) and 19.25% p.a. (Fixed)

Min - Max Ticket Size: Rs 100,000 – 7,500,000 (Salaried employees) / 10,000,000 (Professionals)
Max Tenure/s: 5 years (Salaried employees) / 10 years (Professionals)
Applicable Cap: 60% of gross income

Last updated: October 10th, 2023

*Please check with the bank for the latest information

Back Next

Step 6 / 6

Complete & Submit

Please note when you submit this form you are sharing certain personal and sensitive information with us, which we will in turn disclose with our partner financial institutions. You must read our terms and conditions before you submit this form for more information on your rights and obligations when transacting with us.

By clicking on “SUBMIT” below you hereby agree to our Terms of Use and Privacy Policy

Back Submit

Complete Request Form: EduLoan

Personal Details

Educational Details

Income Details

Loan Details

Financial Institutions

Complete

Personal Details

Educational Details

Income Details

Loan Details

Total Fee Calculation

EduLoan Requested

Select Preferred Financial Institutions to Request EduLoans

Educational Loan Offerings from Partner Financial Institutions

Complete & Submit