School Fees Loan

The is purpose of the education loan is to provide short-term finance for education of the members and their dependents in schools, colleges and universities.

Key Features:
  • Only one school fees loan may be granted in one calendar year.
  • Proof that the student is a bonafide pupil or student of a learning institution
  • Payments shall be made direct to the school, exceptions are considered on merit.
  • Maximum repayment period is 12 months
  • Loans are processed within 30 minutes except payments to third party
  • Loans are processed and disbursed within 1 hour of application
  • Loan can be refinanced after 4 months
  • No limit on school fees loans.
  • Additional can be granted within one month subject to meeting all the borrowing/lending requirements.