Study Loan - Bank Scheme
- Applicants must be a citizen of Seychelles and must be 18 yrs. and above
- Duration of loan must not exceed retirement age
- Must have a secured admission at a local or foreign University/institution
- Coverage of loan includes Tuition Fees, Monthly stipend, Travel expenses (Overseas courses only), Purchase of Books & equipments and any other expenses relating to the course
- Maximum loan amount up to SCR 1 Million
- Maximum repayment period: 10 years from date of 1st drawdown
- Suitable security required
- Life insurance cover