Education Loans

provident_loans_education_pageApply for the loan yourself if you have regular income during the period of study or have a family member take the loan and meet the monthly repayment installment for you.

Benefits

  • Low, low interest rate of 0.83% monthly on the reducing balance.
  • No loan processing fees. No hidden charges.
  • 100% financing.
  • Up to ten (10) years to repay.
  • Available for all tertiary level studies.
  • Loan disbursed to learning institution in full or as you need funds.
  • Loan insurance of the entire loan amount at no cost to you

Requirements:

  • Letter of Acceptance from school/college/university
  • Particulars of school/tuition fees
  • Duration of study
  • 15% minimum on savings & collateral
  • Guarantor for interest payment