We make a sustained positive difference in your life
Student Loan Investment Program
Student Loan Investment
Is yet another one of development bank's innovative investment programs
designed to give clients who are interested in gradually establishing an
investment towards future academic pursuits. It???s as easy as a b c and the
rewards are life transforming.
Who is this program for?
Parents/ guardians hoping to one day provide
their children/wards with a higher level of learning.
Adults aspiring to further their education in the not-too-distant
Tenure investment may last up to 25 years.
The sooner you plant your S.L.I.P. the greater the harvest: so sign up
your child/ward as soon as possible
Interest is paid on the
anniversary of the investment
For pre-approved tenures of
5 years and below, a penalty applies for early withdrawal (unless the purpose
of withdrawal is to commence studies/academic pursuits)
The penalty for early withdrawal
is loss of 50% of the accumulated interest
No penalty for early
withdrawal after 5 years.
S.L.I.P. account will start with a minimum of $50
Affordable monthly investments in multiples of $50
4.5% per annum
Interest will be credited to
your investment on its anniversary.