SICOM StudyEasy Loan is low pricing loan to assist parents and students to pursue further studies on full time or part time basis at an interest rate of 2% p.a for the first year and 4.5% p.a as from second year [valid up to 30 June 2021].
SICOM Study Easy Loan is a low pricing loan to assist parents and students to pursue further studies on full time or part time, locally or abroad with the possibility of financing up to 100% of study expenses including lodging.
Where part-financing is required, client should give documentary evidence of available funds for the remaining amount.
Interest Rate
Interest rate of 2% p.a for the first year and 4.5% p.a as from second year [valid up to 30 June 2021].
Loan Amount
Will be based on repayment capacity, security provided and cost of studies
Security
The loan will have to be secured by a first rank fixed charge/mortgage on an immovable property and an adequate life assurance cover
This product is offered by
State Insurance Company Of Mauritius Ltd
BRN: C07007065
FSC License No.: IS10000020
(Terms & Conditions Apply)
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