Education 1st Class
Student Loans from 1st National Bank
1st National Bank now makes it even EASIER for you to pursue a University Degree or any other form of advanced studies with very attractive STUDENT LOANS. Fulfill your education dreams today by coming in to any of our locations where one of our friendly loans officers will be more than happy to assist you.
Benefits
Further Education
Build credit
Repay after graduation
Terms & Conditions
Security: Lien over credit balance and/ Mortgage over property and/ guarantee and Life Insurance Policy
Up to $20,000.00 waiver of collateral requirement if course study is with approved institutions
Maximum loan amout: $250,000.00 to be repaid over a maximum period up to 15 years
Interest to be repaid from first drawdown of loan and principal + interest to be repaid 3-6 months after completion of studies
Requirements
One (1) Piece of Identification e.g. valid Passport, National ID Card or valid Driver’s License
Proof of Address i.e. a Utility Bill, a Credit Card Statement, an existing Bank Account Statement from another financial institution, or an additional piece of Identification bearing the residential address. (These must not be in excess of 3 months old)
Job Letter or Reference Letter (not in excess of 3 months old)
Two Guarantors
Down payment
Student Loans: Letter of acceptance and cost of tuition from institution