NDB supports higher education with its education loan!
In keeping with its commitment to empowering Sri Lankan youth, NDB has reinforced its support for higher education through its education loans.
NDB has always recognized the benefits of a world- class higher education, which is vital in paving the pathway for one’s career. A higher- education provides the necessary educational background, knowledge and skills set, grooming the younger generation to enter the corporate world. This was the basis in which NDB, over the years has offered a special educational loan targeting those pursuing higher studies both locally and internationally.
NDB understands that paying for higher education is a significant investment in terms of financial resources and time spent but that it is also a lifetime investment. That is why NDB offers Mortgage Backed Educational Loans to overcome financial obstacles that the youth of today are faced with. The Bank continues to offer Educational Loans that are designed specially for local and foreign educational needs; and can be taken by the parents on behalf of their children or even by close relatives as well as the potential students who are in employment. A parent/relative or potential student can also apply for joint loans, giving them further flexibility to achieve their life long dreams.
Mortgage Backed Education Loans can be obtained up to Rs. 7.5 Million and can be taken with a repayment period of up to 7 years. Furthermore, tailormade solutions are offered inline with the repayment capacity with ‘ at- your- doorstep’ service. The applicant should be confirmed in his/her current job and be earning a salary of above Rs. 30,000/- per month. Sole- proprietors and those in partnership (for over 5 years) are also entitled to apply f or Mort g a g e Backed Educational Loans.
NDB is also the main sponsor of the EDEX website. The website is a one-stop-shop designed to cater to the education needs of Sri Lanka’s youth, featuring information on both local and international universities, colleges and institutes; giving career guidance, financial counseling and even advice visa processes. The website www.edex.lk powered by NDB offers the ideal platform for young students or a career professional to acquire distinct and diverse market relevant knowledge and skills that will help in their career aspirations.
Today, NDB is one of the fastest growing banks in the country with NDB Group having regional operations in Maldives and Bangladesh. The Bank offers a wide range of commercial banking services through its growing islandwide branch network. In addition, as part of the NDB Group, its customers have access to the a full range of banking and financial services, including project finance, SME lending , corporate banking, retail banking, investment banking, stock brokering, wealth management and insurance solutions making NDB a truly Universal Bank. . Further details on NDB Education Loans can be obtained from its 24 hour Call Centre, by calling 011 2 448 888 or by visiting NDB’S tri lingual website on www. ndbbank.com