Education Loan

You may find that a good education can be very expensive to obtain, making you think that the pursuit of higher studies is simply out of reach for you or your child. Our Lifestyle Education Loan will help you or your child reach new heights and go places!

• Call 2 511 533
• Visit your nearest HSBC branch
• Apply online Now!

• No security or personal guarantors
• Education loan amount maximum to be LKR3,500,000
• Application to be made jointly with the child (student)
• Option of repaying the loan based on a reducing balance or an equal installment scheme
• Flexibility to choose a repayment period of up to 5 years (60 installments)
• Processing fee of LKR2,000
• Decreasing Temporary Assurance Policy for loans over LKR1 million
• Choice of both fixed and floating rate interest rate options

Are you a CIM and/or CIMA student?

We have introduced a shorter term education loan to fit semesters of CIM and CIMA students with

• No security or personal guarantors
• Loan amounts upto 6-8 times net salary
• Fixed interest rate loan at a concessionary rate
• Short term repayment of up to 6, 12 and 18 months so that you save on interest
• Pay back in equal monthly instalments
• Ability to top-up or enhance the loan amount so that studies could be funded from start to finish
• Parent can apply jointly with child (student)

If you are

• Between 18 and 55 years of age
• Employed in an established company
• Currently employed in a confirmed post
• Earning a net remuneration of LKR20,000/- (with a minimum basic salary of LKR15,000/-) excluding vehicle allowance

then yes, you are eligible

By submitting the following

• A duly completed Lifestyle Loan application & promissory note
  Lifestyle Loan application (Download Now)
• A copy of NIC
• A letter from employer confirming employee details (as per the application specimen)
• A set of Bank statements and pay slips for the last three months
• A copy of a recent utility bill (only for non existing HSBC customers)
• The Birth certificate of the child (student)
• Birth certificate of the child (student)
• Letter from the educational institution/college confirming the fees

If you meet the eligibility criteria and the documents you provide us are complete, the loan will be made available to you within 48 hours.

General Lifestyle Loans Terms and Conditions apply.