The unique loan scheme is a brainchild of the employees Trust Fund Board (ETFB) which is another of their efforts to offer you something more than just financial security.
Their fervent hope is that this scheme will prove to be an encouragement and a helping hand to you in achieving greater heights in your career and be a powerful force, driving the nation towards prosperity.
Hatton National Bank is the chosen partner who is entrusted with the task of guiding you all the way up.
Please go through these details of the loan scheme.
Loans will be granted for Post Graduateship and professional studies, covering registration fees, examination fees lecture fees etc.
Eligibility :
- Permanent Employee of a reputable establishment.
- Minimum two years service in the current employment.
- Minimum two years continuous contribution to the ETFB as at date of applying for the loan
Minimum Salary (per month) (Rs)
Maximum Loan Amount (Rs)
Maximum Repayment
Professional * Studies
12,500/-
150,000/-
4 Years
Post Graduate Studies
25,000/-
300,000/-
4 Years
Individual loan limit - considered on case by case basis.
Security :
- Personal Guarantee of Two persons acceptable to the Bank.
Repayment :
- Up to 48 Months.
- In all inclusive and equated monthly installments.
eg:- Monthly installment for the Loan amount of Rs 10,000 /-