Student Loan

A student loan is designed to help students pay for university tuition, books, and others materials. It differs from other types of loans and the interest rate is substantially lower and the repayment schedule is deferred while the student is still in school.
  • Simple conditions and fast approval
  • Low interest rate
  • Flexible Loan term and repayment mode
  • No collateral
  • No guarantor
Currency USD
Interest Rate 1.25% only
Loan amount Up to USD 5,000
Loan Term Unlimited
Collateral
International University Others University
Collateral is not required
  • Soft or Hard title deed
  • Third Party title deeds
  • Motor/Car Registration Card
  • Another type of collaterals, can be negotiate

Loan Repayment

  • Equal /monthly Installment (“EMI”)
  • “Pay As You Earn” – repayments will be deducted at source by the employer through Pay As You Earn.

Eligibility

  • Borrower of 18-65 years old
  • Good education background
  • Loan repayment capacity is exceeded 70% of net cash flow from the business per period (Principal and Interest)
  • Copy of Permission letter from the university

Required Documents

  • Completed Application form
  • National ID/Passport/Family Book/Student ID
  • Collateral Documents (strong/soft title deeds/car/motor registration card, etc.)

 

 

Please visit and DELTA branches close to your office or location or talk to our lending specialist or contact our customer service or by www.delta-plc.com or call at 081 777 155 for more information.

What is student Loan?

– A student loan is designed to help students pay for university tuition, books, and others materials.

What is the Interest Rate?

– 1.25% p.a

What are the basic criteria to apply for student loan?

The basic required documents to apply for the student loan is:

– National ID/Passport/Family Book/Student ID

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