This “study now, pay later” option offered by the country’s leading private bank provides loans of up to Rs 5 million repayable over 10 years with a grace period of up to four years.
In the picture, Commercial Bank’s Chief Operating Officer Mr Sanath Manatunge (fifth from left) exchanges the memorandum of understanding with SLTC Founder President/Chief Executive Officer Mr Ranjith G. Rubasinghe, in the presence of (from left) Ms Vindhya Seneviratne, Accountant, Mr Mahesh De Silva, Head of Finance and Ms Namal Dias, Head of Corporate Affairs of SLTC; and Commercial Bank Deputy General Manager – Marketing Mr Hasrath Munasinghe, SLTC Head of People and Culture Dr Lalith Wijethunge and Messrs Sanath Elpitiya, Chief Manager, Chandana Abeysundara, Manager and Asanka Sanjeewa, Executive Officer, all of the Bank’s Retail Products Department.