We believe in Al Baraka Sudanese Bank that education should be available to all, so our education financing product (to finance tuition fees) was designed in order to relieve pressure on parents, and we also provide education financing for various educational levels. Education financing service (to finance tuition fees) aims to facilitate the payment of fees for the educational institution that the service subscriber wishes to join, The service includes various educational stages.
Benefits And Features
High Financing Limit
Financing ceiling of up to SDG 5,000,000 per person, giving you the flexibility to meet large financial needs
Appropriate Credit Terms
The bank provides financing under terms that are suitable and practical for each customer.
Repayment Terms
Financing is repayable over a period extending up to 24 months to suit the customer’s needs
Academic Year Financing
Financing options are available for the full academic year, helping you manage educational expenses effectively.
Healthcare Employee Benefits
The bank provides additional benefits to doctors working with hospitals and clinics, as well as its clients.
Targeted Audiences
All universities and private schools
Parents of students at all academic levels
How To Get The Product
- The bank enters into a contract with the previously specified educational institution (according to a contract of ownership of study seats), whereby the bank buys the seat or seats, and then sells them to those interested in the form of leasing described as liabilities.
- The customer submits a request to obtain the product and fills out the financing application form
- Opening an account (financing account) taking into account the rules for opening the account.
- A statement from the university or school of the student’s tuition fees, specifying the level