Bank Loans

Explore education loan options from trusted banking partners to help finance your degree with flexible repayment terms.

Bank Loan Support

SLIIT offers dedicated bank loan assistance to help students finance their education with ease. Through partnerships with leading banks, we provide streamlined loan application guidance, flexible repayment plans, and personalized support. Our goal is to ensure that financial concerns don’t stand in the way of your academic success at SLIIT.

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Bellow details are subject to change depending on bank decisions

BOC Bank Loan Details

  • Minimum 20% of the course fee should be borne by applicant
  • Maximum period of the loan - course duration + 4 years (maximum)
  • Grace period - course duration
  • Up to Rs 1.0 Mn - joint and several guarantees of two persons. If above Rs. 1.0 Mn - mortgage over an immovable property
  • Rate of interest –
    up to 5 years - monthly AWPLR + 3.0% p.a. (floor rate - 22%)
    up to 7 years - monthly AWPLR + 3.5% p.a. (floor rate - 24%)
  • Apply jointly with parents or a guardian

HNB Bank Loan Details

  • Attractive interest rates
  • No security up to Rs. 5 Mn
  • Loans up to 90% of the course fee
  • Loan repayment up to 12 years including grace period
  • Maximum grace period up to 5 years
  • The loan will be jointly granted with a parent, a family member, caretaker or guardian

Sampath Bank Loan Details

  • Obtaining Loan upto Rs.10.0Mn
  • Repayment period upto 08 years
  • A grace period upto 03 years
  • Flexible Repayment options
  • 50% discount on the processing fee
  • Online banking facility free for the first year

FAQs

SLIIT students can apply for educational loans through selected partner banks offering customized loan schemes to support tuition fee payments.

Most banks require a valid offer or confirmation letter from SLIIT. It’s best to begin your application once you receive official documentation.

Yes. The Sri Lankan Ministry of Education offers an Interest-Free Student Loan Scheme for eligible students enrolling in selected degree programmes at institutions like SLIIT.
To learn more and check your eligibility, visit the official page here:
http://integration-sliit.saberion.org/study/government-loan-schemes

Loan processing typically takes between 5 to 10 working days, depending on the bank and documentation provided.

Please reach out to the SLIIT Finance Division at +94 11 754 4801 or email info@sliit.lk for guidance on loan letters, documentation, and partner bank information.