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Seylan Scholar

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Features

This product was developed by Seylan Bank to provide, financial assistance for local and foreign higher education.


    • Maximize the usage of your account:

      • Loans granted up to 10 Mn and minimum amount will be Rs. 100,000/-
      • Repayment period up to 7 years.
    • Benefits:

      • Joint Loans available with Parents / Spouse.
      • Can borrow from the Islandwide branch network spanning to 156 locations.
      • Local education such as CIMA, CIM, SLIM, IPM, AAT, Fashion Degrees & MBA.
      • Overseas education – Parents who want to educate their children and professionals who want to pursue foreign degrees will be with course fees, living expenses and accommodation.
    • Eligible Persons:

      • Parents / Guardians of students those seek local / Overseas Education.
      • Working Professional's with confirmed service
      • Professionals such as Doctors, Lawyers, Engineers, Accountants etc.
      • Self employed persons with a regular income
How to get started
  • Documents required
    • Applicant's income details with pay slips
    • Bank Account Statements / Savings Book
    • University / Institute offer Letter with course details / Cost Details.
    • Guarantor's income details and Bank Statements or Property Deed / Survey Plan
Interest Rates Fees

Fixed for the entire tenure

Loan Term Against Property Mortgage Rates %p.a. Against Guarantors
( Up to LKR 2Mio only)
Rates %p.a.
01 Year
15.00%
16.00%
02 Years
15.75%
16.75%
03 Years
16.00%
17.00%
04 Years
16.25%
17.25%
05 Years
16.50%
17.50%
06 Years
16.50%
17.50%
07 Years
16.50%
17.50%

Fixed for 1 year & reviewed in every 12 months.

Against Property Mortgage

Rates %p.a.

Against Guarantors

( Up to LKR 2Mio only)

Rates %p.a.

13.50%
14.50%

See all Interest Rates>>>

See all Service Charges>>>

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