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Educational Loan

Loan

Our educational loan allows you to pay for your higher education and make your dreams a reality.

Students with a proof of course registration leading to a diploma, degree or post graduate degree in any recognised university or from any other recognised course provider

Up to 100% funding including tuition fees, accommodation costs and airline tickets

Very competitive interest rates

No personal contribution required

Also available to non-Bank One customers

Disbursement in tranches

For Secured Loans

Repayment term up of to 15

Moratorium equivalent to duration of studies plus 1 year (maximum 5 years)

For Unsecured Loans

Repayment term of up to 7 years

Documents required

1
Payslips for the last 12 months from borrowers
2
Bank statements for the last 6 months
3
National Identity Cards (NIC) of all parties
4
Letter of employment of borrowers
5
Letter of appointment from university specifying the course, course fees & duration of course
6
Birth certificate of all parties
7
For secured loans, title deed and site plan/location plan of property as security.
8
Any other related documents required

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Disclaimers: The information, which you calculate from this simulator, is intended for use by you as a guide only; it is not an offer and has no legal effect. Bank One accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator.

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Educational Loan

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