Daily Mirror (Sri Lanka)

NDB Good Life credit cards, convenient financing for higher education of students

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NDB Bank has designed an attractive product to facilitate students on their higher education; NDB Good Life credit cards, where the student has the flexibilit­y of making the payment direct to the institute and settling the bank on installmen­t plans extending up to 60 months.

The bank has partnered with institutes such as Institute of Bankers of Sri Lanka (IBSL) where the student wishes to continue studies on banking. The course fee can be settled by the student at IBSL within six months on zero percent installmen­t plan basis.

Further, bank has partnered with institutes such as American National College (ANC), Asia Pacific Institute of Informatio­n Technology (APIIT), National Institute of Business Management (NIBM) , Management and Science University of Malaysia (MSU), Metrix Institute and Imperial Institute of Higher Education (IIHE) where the student enjoy the installmen­t plan scheme with 0.9 percent interest paid on monthly basis up to 60 months. The bank is open to partner with other education institutes as well to extend the higher education facilities islandwide.

The student has the flexibilit­y of applying for any undergradu­ate or postgradua­te programme offered by any of the stated educationa­l institutes. They could concentrat­e their studies even up to PHD programmes offered at the respective institutes.

NDB Good Life credit card education scheme is easy to apply as the student has to submit only the letter of acceptance to the university and providing the bank with the documents required for obtaining a NDB Good Life credit card. The uniqueness in this facility will be that in the event the student is not employed the parent of the student can facilitate the education by becoming the main applicant for the facility. The education facility comes with no guarantors and granted in few days.

If the student requires for early settlement of the facility, the student has the option of settling by paying the full course fee without paying any additional chargers to the bank. The student could contact the bank representa­tives for any further assistance and guidance.

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