ANC STUDENT LOANS FACILITY FOR THOSE WHO STRIVE TO REACH GREATER HEIGHTS

Now you do not have to worry about financing your studies. ANC “Student Loan” funded by supportive Banks
offer financial solutions tailor made for you. Meet with our experienced Student Loan Advisors who will guide
you every step of the way.
Our Partner Banks and their Loan Criteria:-
Applicants, joint applicants & guarantors should not be direct or indirect defaulters in crib.
Interest Rate Permanent Employee +
Bank
<Income remitted to Lending Bank> Salary Requirement(Min)
Seylan Bank 12% Rs 50,000
NSB 13.5% Rs 30,000
HNB 14% Rs.60.000
NDB 0.9% per month Rs 35,000
Commercial Bank 14%. Rs 50,000
PABC 16% Rs 50,000
NTB 0% interest fee for 15 months Rs 50,000
Cargills Bank 0% interest fee for 36 months Rs 25,000
Seylan Bank
 1 Guarantor with minimum salary of Rs 50, 000

Loan (Rs) Repayment 60 months 36 months

700,000 – Merchant Fee Initial Cash Enrolment Fee of LKR 75,000 to ANC Rs.15,570/- Rs. 23,250/-
500,000 – Merchant Fee Initial Cash Enrolment Fee of LKR 50,000 to ANC Rs.11,120/- Rs. 16,610/-
NSB bank – One Guarantor @ 13.5
 Joint loan with parent/spouse or1 Guarantor with minimum salary of Rs.40,000/-
 For Professionals (CIMA, CIM, CA, Engineers, Doctors) – Non Secured Loans
1-12 months grace period on case by case basis 84 months 60 months 36 months
Rs. 700,000/- **Rs. 8558/- ( only the interest – study period)  Rs.13,410/- Rs.16,570/- Rs. 24,440/-
Rs. 500,000/- **Rs. 6230/- ( only the interest – study period)  Rs.09,580/- Rs.11,830 Rs 17,280/-

HNB bank / Commercial Bank -Non Secured Loans @ 14%

60 months 36 months
Rs. 700,000/- Total requirement for course fee Rs.16.740/- Rs. 24,440/-
Rs. 500,000/- Total requirement for course fee Rs.12,030 Rs 17.460/-
PABC bank /Pan Asia -Non Secured Loans @16%

60 months 36 months
Rs. 700,000/- Total requirement for course fee Rs.17,100/- Rs. 24,600/-
Rs. 500,000/- Total requirement for course fee Rs.13,070 Rs 19,060/-

Documents required for obtaining Loan facility - from borrower and guarantors from any Bank

 Proof of Professional qualification  3 months’ salary slips

 Employment confirmation letter with  6 Months Bank Statement (Savings book
salary details from the employer copies)
 Utility bills  Transfer salary/ Standing order to Loan
granting Bank (savings account)