An Education Loan could be obtained for a maximum period of 10 years subject to an age limit of 60 years
For both Local and overseas study programmes.
Up to 55 years of age. (60 years upon employer confirmation)
Up to 60 years of age for Professionals in private practice
Income – minimum LKR 50,000.00 (Basic + Fixed Allowances)
Documents Needed
Duly completed Application Form / A certified copy of one’s National Identity Card, Driver License or Passport
Proof of income; Salary Slips for the last 3 months/income details from Private Practice
Letter specifying course details & fee structure issued by the Educational Institution
Assignment over salary – Letter of undertaking from the employer on the DFCC prescribed format.
Title documents & local authority documents related to the property, if the loan is backed by a mortgage of property.