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Achieve Your Dreams with SLTC
Student Loan
SLTC and HNB partner to empower students with tailored financing, flexible repayment, and dedicated support – making higher education more accessible and stress-free.
Loan Features
High Loan Coverage
Loans ranging from Rs. 100,000 up to Rs. 20Mn to support your educational journey.
Bank Funded Education
The bank will fund up to 90% of your total course fees directly to the institution.
12 Years Extended Repayment
Flexible repayment terms extending up to 12 years. A) 4½ Years Interest only(I Study-"Parents pay") B) 7½ Years Capital+Interest ( I Work- "I Pay")
Student-Friendly Payment Structure
Customize your loan repayments during your degree period by choosing to pay only the interest or setting up alternative payment terms.
Competitive Interest Rates
Benefit from our lowest rate of interest.
Hassle-Free Semester Payments
Bank directly manages your semester payments for a smooth academic journey.
Special Discount to Loan Students offered by SLTC
50,000 Special Discounts for Loan Students offered by SLTC as a Funding Support
How to Pay SLTC Fees with A Bank Loan
(Example- Say your Degree Price is Rs. 1.2M)
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How it works? If My Degree Price is 1.2 Mn (Rs. 1,200,000)
1 Pay the Down-Payment
Firstly, make the down payment of Rs. 50,000 and secure your price with early bird discounts
2 Secure SLTC Special Discount of Rs. 50,000
This is offered only for loan students, inform your intention to obtain the loan
3 Know your Net Price After Down-Payment and Discount
Rs. 1,200,000-50,000-50,000) = Rs. 1,100,000
4 Bank will Take Care of all your fees; semester wise
(1,100,000/8) = 137,500 Based on the Above Net Price (Funded by the Bank)
How to Get a Degree at 10% Cost
- Out of Rs. 1,200,000 Course price, Bank will Fund 90% (Rs. 1,080,000).
Student needs to Pay Only 10% (Rs. 120,000).
How to Fund My 10%
Example - Rs.120,000 (120K) is completed as follows
1 Initial Down-Payment of Rs.50,000.
2 SLTC Offers a Special Discount of Rs. 50,000 as a support
3 Only the Balance Amount of Rs. 20,000 Should be Deposited to the bank to get the loan (120K=50K+50K+20K)
4 Students Always have the Option to Increase their Bank Deposit to Reduce their Loan Amount
E.g. Deposit Rs.150,000 Instead of Rs.20,000, can Reduce the Loan Amount to Rs.950,000 Instead of Rs.1,080,000
Student Payments to the Bank
(Assume You Take a Loan of Rs.1,080,000 as per the Example Above)
I Study-Parents pay
Pay Low to Study
A) Low Re-payments during the Degree Period
1 Monthly Interest Charged only for the loan balance
Interest starts as low as just Rs.1,463/month during your first semester. {(135,000×1)x(example rate 13%/12)}
2 Maximum Interest is only Rs 11,700/month even at the 8th Semester
Interest starts as low as just Rs.1,463/month during your first semester. {(135,000×1)x(example rate 13%/12)}
3 Flexible Repayment Options
You can choose to pay just the interest during your studies and for extra 6 months after – that’s 4 1⁄2 years of interest-only payments!
Disclaimer: Repayment values will change based on market interest rates (above rate is only an example) and the amount of loans obtained from the bank
I Work-I Pay
Re-Pay with Salary
B) Re-pay while you earn based on your salary
1 7 1⁄2 Years to repay
Earn your degree, start work, then it’s time to start repaying your loan.
2 90 Monthly Installments
Break down your loan into a manageable monthly installment (Capital+ Interest)
3 Loan Paid Off
With diligent monthly payments, you’ll have the loan fully repaid in 7 1⁄2 years.
Disclaimer: Repayment values will change based on market interest rates (above rate is only an example) and the amount of loans obtained from the bank
Loan Eligibility Requirements
We're Here to Help You
Our dedicated team of loan specialists is ready to guide you through the student loan process. Reach out to our Banking partner through any of these channels:
Personal Assistance
Contact HNB loan specialists directly:
- Chinthana: 0112 830 040
- Suranga: 077 365 0066
- Priyantha: 077 725 0366
- Shakya: 077 062 9364
Email Support
Send us your inquiries with Contact Numbers to call back
priyantha.ruwanpathirana@hnb.lk
shakya.hewaangappulige@hnb.lk
Thank You for Choosing
SLTC-HNB Student Loans
We’re honored to support your educational journey and help you achieve your goals. Our team is dedicated to providing a seamless student loan experience from start to finish.