Education shouldn't be limited by collateral.
UniCloud360 helps qualified students secure education loans through our banking partner — without the 1.5–2× tangible collateral traditional banks require.
No credit check. No document upload. 2-minute eligibility check.
Banking Partner
Hatton National Bank PLC
Licensed Commercial Bank · Regulated by the Central Bank of Sri Lanka · Member of the Deposit Insurance Scheme
The Problem
The Collateral Paradox
Every year, thousands of A/L students in Sri Lanka earn the grades to enter degree programmes at government and accredited private institutions. They have the academic merit. They have the ambition. What they often lack is a land deed or a fixed deposit to pledge as security.
Traditional banks require collateral worth 1.5–2× the loan amount. For a family whose wealth is in education and hard work — not land titles — this is an insurmountable wall. Academic achievement becomes irrelevant.
UniCloud360 was built to break that wall. We assess your repayment capacity, not your family's property portfolio, and package pre-vetted files for our partner bank to review — so your future isn't decided by a title deed.
1.5–2×
Collateral required by traditional banks
0×
Physical collateral required to apply through UniCloud360
Why UniCloud360
Built differently, for students
The Process
How it works
Four steps from your first visit to a bank decision.
Check Indicative Eligibility
Answer 5 quick questions about your course, fees, and household income. No documents. No credit check.
Submit Your Details
If the score looks good, leave your contact info. We collect only what we need.
We Pre-screen & Package Your File
Our team reviews your application against the bank's current criteria and packages a clean file.
Partner Bank Reviews
Your packaged file goes to our partner bank for formal credit review and decision.
Loan Product
Education Loan — Key Terms
Indicative product parameters for the HNB Education Loan. All terms subject to credit evaluation and bank approval.
Loan Amount
LKR 100,000 – 5,000,000 (No mortgage required)
Up to LKR 20,000,000 for foreign universities (A mortgage will be required)
Maximum Tenor
12 years
Including grace period
Grace Period
Course period + 6 months
Repayments begin after the grace period ends
Age Limit
18 – 65 years
Applies to all borrowers on the application
Minimum Income
LKR 100,000 gross / month
Fixed salary or other income supported by bank statements
Equity Contribution
Minimum 10% of course fees
Proof of source of equity required
Borrower Structure
Student (main) + joint borrower
Joint borrower required if student has no repayment capacity. Joint borrower is individually and severally liable.
Resident Status
Sri Lankan Citizen
Residing in Sri Lanka, or studying overseas
Purpose
Covers educational expenses up to 90% of course costs as stated on the offer letter. Expenses must align with the academic program.
Disbursement
Funds are disbursed directly to the university or institution as per the offer letter — not to the student's personal account.
Applicants
What students say
Real experiences from students and families who applied through UniCloud360.
“I didn't think I'd qualify — we have no property to pledge. UniCloud360 showed me there was another way. The process was straightforward and the team kept me informed at every step.”
Nimal P.
BSc Engineering Student
Private Engineering Institute, Colombo
“My daughter was accepted into a private medical college but we had no collateral. UniCloud360 guided us through the entire process with HNB. Very professional and transparent.”
Dilani W.
Parent / Guardian
Private Medical College, Western Province
“The eligibility check was fast and accurate. No unnecessary document uploads, no hidden charges. I had an answer within two business days.”
Kasun R.
BSc IT Student
Private IT Faculty, Colombo
“As a student from outside Colombo, I wasn't sure if this would work for me. UniCloud360 handled everything remotely — no need to visit a bank branch. Really convenient.”
Thilini S.
Business Management Student
Private Business School, Kandy
“We were worried about the interest rates and repayment terms. The team explained everything clearly before we committed. Transparent process from start to finish.”
Ruwan M.
Parent / Guardian
Private Design College, Colombo
“I was studying abroad and assumed getting a loan from Sri Lanka would be complicated. UniCloud360 made it surprisingly simple — the entire application was done online.”
Amali F.
MSc Data Science Student
Overseas University, Australia
Testimonials are representative of applicant experiences. Individual outcomes vary.
Questions