LOANS

Having made a mark in the student loan sector we have expanded into the institutional segment and our vision is to provide business to education providers and education related business, training such as pre-schools, colleges, universities and other training centers. Our education loans are flexible and comprehensive, because we understand the education sector thoroughly we are better equipped than any other loan provider to extend customized solutions to grow your business. We offer lower repayment charges and help you manage repayment based on your cash flows.

Studying in a foreign country can be a life changing decision however this doesn't come easy your way. Those who want to continue higher studies abroad, but finding it difficult to arrange for the required funds. But we have the option to make arrangements for funding their education. We hereby forward you every detail related to process you to apply for a loan, eligibility or documents which are required for the same. Other than that we also cover various other aspects related schemes to students in their higher education dream.

THE ELIGIBILITY

• The applicant should be a citizen of Sri Lanka
• The applicant must have attained the age of 18
• The applicant must have a good academic background
• The applicant must have secured admission at a recognized foreign university

DOCUMENTS REQUIRED FOR APPLYING FOR AN EDUCATION LOAN

• Duly filled application form
• Photographs — passport size photographs of the applicant
• Resident proof
• Academic Documents
• Admission proof — Admission letter by the relevant university or college
• Bank statements for the last six months
• Income proof

Western Investment Bank offers loans for salaried and self-employed individuals such as government teachers. All banks in Sri Lanka offer a wide range of personal loan systems suitable for a specific category of customers. These banks also offer personal loan scheme for even disable individuals, defense personal and government employees. Many banks in Sri Lanka have come up with special personal loans for government teachers. These types of loan schemes are designed for teachers who work in government schools and universities. All these loans come up with lowest interest rates and wide range of revolving benefits.

This personal loan is targeted in providing personal finance to teachers who work in government schools and colleges. This loan can be available by both working and retired government teachers.

• Eligibility — permanent employees of public sector undertaking, employees of central and state government departments and other government employees who have a salary account with the bank are eligible for the loan.
• Amount of loan — up to 10 times net take home salary.
• Security — One personal guarantee will be required as security, preferably a fellow member provided that the employee is not a guarantor to anyone else.

Used cars, second hand cars or pre-owned cars have become very popular among consumers nowadays in Sri Lanka. This is mainly due to the establishment of several organized used motor car dealers across the country. If they are reliable to ensure that the second hand cars are certified and well maintained. When you buy a second hand car from a private dealer you have to worry about whether the car you are going to buy is a stolen one or whether it is in correct working position. You can do without this sort of stress when dealing with a reputed auto dealer.

A used car loan helps you procure an otherwise costly that in mint condition would certainly a lot higher than its current state. Thus allowing people with lower budgets to elevate themselves to the states of car owners. Aside from being a very comfortable option to purchase a new car, a used car loan offers a dimension of simplicity, transparency and hassle free experience that is at times significantly higher than the corresponding car loan procedure for a new automobile. Want to own a car but are not willing to spend too much into the deal. What you seek is a well maintained, reliable and sparingly used car that has aged grace.

Come to our bank preferably on week days get a clear understanding about loan options we have now.