Sri Lanka's DFCC Vardhana Bank recently announced two new loan options for customers; a higher education loan for studies abroad, "Vardhana Nenasa", and a housing loan, "Vardhana Sandella".
Further, according to a statement by the bank, there are plans to enhance its education loan by "partnering with private higher educational establishments providing degree programmes in Sri Lanka which are affiliated to reputed universities abroad"; while customers can apply for the bank's new housing loan "based on their income levels, age and purpose of the loan – giving them full flexibility".
Additionally, the bank’s personal banking products include “demand deposits, time and savings deposits, resident and non-resident foreign currency deposits on the liability side” as well as ”children’s savings accounts, senior citizens’ accounts, undergraduate educational deposits”. Also offered are “housing loans, overdrafts, personal loans, cash-backed advances, gold-pledged loans and credit card services”, and personal loans for “consumer durables, purchase of vehicles, overseas university education, micro business finance, house renovation and financing similar activities”. |