This is a saving account that attaches a loan for pursuing post graduate education as well as settlement of cost sharing.
Pre and post graduates
Debit card can be attached to the account, which is granted free of subscription fee.
No passbook is given rather, quarterly statement is issued.
The maximum amount of loan to be granted is equivalent to twice of the 75% of the amount saved by the student and will also be not more than Birr 100,000.
Student loan may be requested as and when 50% of the loan is be held as cash collateral (which needs to be maintained at the Bank at least for a year) and other credit procedure for granting student loan is fulfilled.
2 passport size Photographs
Renewed ID card