About National Savings Bank – Sri Lanka
National Savings Bank (NSB) is one of the Sri Lankan banks to be rated AAA by LRA and is ranked the 5th most valuable brand in Sri Lanka by Brand Finance Lanka Ltd. NSB has steadily grown from strength to strength achieving the milestone of Rs. One Trillion Asset Base in 2017. This achievement is a testament to NSB’s steady growth over the years. NSB has a wide network across the island exceeding 4,000 service points including Branches, Postal Banks, Post Offices, NSB ATM’s, NSB iSaver agents and an international network of correspondent banks as well as agents.
About our Education Loan:
Available to any Sri Lankan citizen between the ages of 18-50 year of age, enrolled for a higher education course at a local or foregien university/college/academy or any other higher education or professional institution. The applicant if employed can apply for the loan independently otherwise ifunempoyed, must apply jointly with parents or a guardian. Visit your local IDP Branch and speak with an IDP Counsellor to start the application process!
National Savings Bank
Why choose National Savings Bank Buddhi for your Education Loan?
- Loan funding includes up to 75% cover for tuition fees only
- Loan sanction and disbursements within 10 Business (working) days
- Secured (with collateral) education loans available
- Repayment tenures up to 7 years
- Flexible repayment solutions
- Student-friendly interest rates and grace periods
- No margin requirements
- Only bank which offers 100% government guarantee for your deposits
- 260+ branches across the country for you to visit and apply
* Visit your local IDP Branch and speak with an IDP Counsellor to start the application process!
Loan Application - Document Requirements:
For the Student:
NIC
Offer letter from Institution
Repayment Requirements:
Permanest Basis salaried person (blood related person of the Student)
NIC/PP
Last 6 months of payslips
Service confirmation letter with salary particulars
Security Documents:
Title Deed
Survey Plan
Title report with pedigree made by a lawyer
Local authority documents:
Ownership certificate
Non-Vesting certificate
Tax paid receipts & Assessment notice
Street line & building line certificate
Extracts of land registry (for lthe ast 30 years)
Approved building plan (if any)