An amazing opportunity for those of you who wish to pursue your postgraduate degree at government universities, local higher education institutions or foreign universities recognized by the University Grants Commission (UGC SL), to maximise your potential.
Eligibility
- Any individual who is having permanent salaried income and wish to follow Post graduate course at Local Higher Educational Universities/Institutions, which are recognized by the University Grants Commission (UGC) or reputed International Universities, as per the world rankings.
Rate of Interest (ROI)
- 1% below the effective ROI of the BOC Comprehensive Educational Loan Scheme
https://www.boc.lk/rates-tariff#advance-rates → Education Loans
Maximum Repayment Period
- Maximum of 5 Years (No grace period)
Maximum Loan Amount & Security / Collateral
- Upto Rs. 1.0 Mn. or 80% of the course fee, whichever is less
Joint and Several Guarantee of two personals acceptable to the bank.
However, if the applicant offers mortgage over suitable immovable property as security, 90% of the course fee could be considered. - Rs. 10.0 Mn. or 90% of the course fee, whichever is less
Mortgage over suitable immovable property
* Conditions Apply
Bank of Ceylon holds the authority to change, add or revise any term and condition in this facility.
Call 1975 or visit the nearest BOC branch for more information and latest features/ conditions.

