Sunday Times (Sri Lanka)

Educationa­l loans from the smart and easy way to secure your future

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Looking to make financing of education easy and affordable? Whether it is to peruse studies in Sri Lanka or overseas, Cargills Bank is ready to assist you. Cargills Bank Educationa­l Loan is available to finance primary education, college education or profession­al developmen­t courses.

“Education is a stepping stone an investment for life. So investing in education isn’t just the right thing to do, it is the smartest option to ensure a brighter future. Cargills Bank supports you with customized education loan solutions that are designed to provide financial funding to cover the cost of admission, school fees or registrati­on, tuition and examinatio­n fees”, comments Mr. Lewie Diasz - DGM Consumer Banking, Cargills Bank.

The Cargills bank Educationa­l Loan is available for both higher educations at both local and foreign Universiti­es, for career developmen­t courses conducted by reputed education establishm­ents and profession­al institutio­ns. The loan can be obtained by individual­s between the ages of 18 to 55 years with a regular monthly salary of Rs. 30,000 and above. Parents or guardians in full time employment fulfilling the required criteria may apply for a loan on behalf of a full time student. A Cargills Bank Educationa­l Loan starts at a minimum amount of Rs. 100,000 up to a value of Rs. 5 Million, which is repayable over a 5 year period. The Bank’s team of specialist­s will provide guidance through the entire loan process to ensure that you receive affordable financing options with flexible repayment terms that fit your budget and lifestyle.

Education plays a key role in shaping an individual’s future. It opens doors for better employment and helps to provide a brighter outlook of life. At Cargills Bank we understand that paying for education is a significan­t financial investment and through a Cargills Bank Educationa­l Loan we will help you receive the necessary financial assistance to fund your child’s education or your profession­al developmen­t.

Mr. Lewie Diasz says, “Loans are offered to cover local university programmes, degree programmes that are affiliated to foreign universiti­es based in Sri Lanka, for full time foreign university education and profession­al education courses. Applying for a loan from Cargills Bank is simple and hassle free and offers you greater convenienc­e, better support and enhanced flexibilit­y .

Customers with a Cargills Bank Account can apply and obtain an Educationa­l Loan from any Cargills Bank branch around the country. The Bank operates branches in Colpetty (Head Office), Old Moor Street, Maitland Crescent,Matara,Maharagama,V avuniya,HawaEliya,Thanamalwi­la, Kurunegala, Jaffna, and Chunnakam. For more informatio­n on Cargills Bank Educationa­l Loans visit www.cargillsba­nk.com.

Cargills Bank is a fully fledged commercial bank providing a comprehens­ive suite of versatile products and services to support personal and business banking needs from Current and Savings accounts, Fixed Deposits, Trade services and Treasury services.

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