Aspire Educational Loan
Pan Asia Banking Corporation PLC
Tell us what you need and we will check which banks and finance companies on our panel could take your application. We are not a bank and do not lend. Approval and final terms are decided by the bank or finance company.
Rates and terms last verified on 7 July 2025.
- Financial support for higher studies to achieve your career aspirations (any reputable local or foreign education institute).
- Help your children/siblings pay for their higher studies at local or foreign educational institutes/universities.
- If the student is over 18 years of age, he/she should be included as a co-borrower.
- One-year grace period.
- The child (if above 18 years of age) should be a co-applicant for the said loan
- Minimum of Rs 50,000 and a maximum of Rs 2.5Mn without any collateral/guarantors
- More than Rs 2.5Mn and up to Rs 7.5Mn – need to provide tangible collateral acceptable to the bank
- Basic minimum remuneration of Rs 50,000 without fixed allowances
- Minimum of Rs 50,000 and a maximum of Rs 2.5Mn without any collateral/guarantors
- More than Rs 2.5Mn and up to Rs 7.5Mn – need to provide tangible collateral acceptable to the bank
- Salary should be deposited directly into the given bank account or installment payments should be made via a standing order
- Basic minimum remuneration is Rs 50,000 without fixed allowances
- In case of purchase of a Laptop or a Desktop computer, a proforma invoice also should be submitted & all payments will be directly paid to the vendor
- Completed application form
- National ID Card/Driving License/Passport
- Documents to prove repayment capacity
- Salaried - Recent salary slips (03)
- Birth certificate of the child
- Documents regarding collateral (if applicable)
- Documents issued by the relevant institute with regard to the cost of the educational programme
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About the Aspire Educational Loan
The Aspire Educational Loan is a personal loan from PABC Bank in Sri Lanka. Its listed rate is Contact Bank. The features, eligibility and documents above come from the bank's published terms; confirm them with PABC Bank before you apply, as rates and conditions change.
Before taking a personal loan, compare the interest rate and whether it is fixed or floating, the maximum amount and repayment period, processing fees, early settlement charges, and the income and documents each lender asks for.
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