Sunday Times (Sri Lanka)

CLC Education Loans for a successful future

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In keeping with the long sustained drive of providing innovative financial solutions that suits the demand of customers;CLC Education Loans is essentiall­y catered towards today’s knowledge hungry young students who are aspiring to achieve their higher education goals through private institutio­ns, local or foreign. The idea behind bringing forth CLC Education Loans, as a part of the company’s range of financial solutions is to lessen the burden of ever increasing higher education expenses on personal finances of the students and the parents.

CLC Education Loan can be obtained to finance the course fees of degrees, profession­al courses, MBAs and PhDs and also for funding requiremen­ts associated with foreign education, on production of proof of registrati­on with the relevant educationa­l institutio­n. The repayment period and other concerns such as income proof, interest and guarantors depend on the type of loan the customer wants to apply for and will be flexible based on their individual needs. The loan acquisitio­n process requires minimum documentat­ion and it is promised to be an easy, stress free one for the customer.

For foreign education, which is an expensive exercise,for the parents as they have to balance the course fee, travel/ living expenses, and insurance for the child, CLC Education Loans entitles a grace period of 12 months where they only have to pay the interest portion.

CLC Education Loans can be obtained through the extensive CLC branch network which consists of 60 customer touch pointsisla­ndwide.

Chief Manager of Commercial Leasing’s Asset Backed Finance Division Mr. Dishan Obeysinghe:

“We live in an era where proper higher education is not only highly accepted but also necessary as it fuels the drive of the competitiv­e job hunt in the country. Therfore, today both the youth and their parents realize the potential of education beyond the secondary level. Thankfully now, higher education is not limited to state universiti­es. These days there are many private institutio­ns in Sri Lanka who provide excellent courses with global standards. However most of the time the investment is a luxury you can’t afford. This is where we come in. We can take most of that burden away from our customers. Moreover, the amount of customizat­ion we offer for the loan facility is exocentric. Education is the best investment for your future or your child’s future. No one should compromise on that. CLC Education Loans facility can be obtained through the extensive CLC branch network. The supportive and friendly staff is ready to provide a profession­al service to our customers”

Commercial Leasing & Finance PLC is one of the most trusted brands and has more than 27 years of excellence in the non-banking financial industry. Boasting an impressive product portfolio of Fixed Deposits & Savings, Vehicle Leasing & Loans, Factoring, Flexi Cash, Business Loans, Islamic Finance, Microfinan­ce and now Education Loans, CLC always pushes limits for providing innovative and efficient financial services for its customers. Furthermor­e the company is a ICRA SL (A) rated company with an island wide branch network.

 ??  ?? Mr. Dishan Obeysinghe- Chief Manager Asset Backed Finance
Mr. Dishan Obeysinghe- Chief Manager Asset Backed Finance

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