Organization : The Student Revolving Loan Fund (SRLF)
Facility : Digital Transformation Loan
Country : Barbados
Website : https://srlfloan.edu.bb/
How To Apply For SRLF Digital Transformation Loan?
Get started by using our secure, simple and easy-to-use online Application Form designed primarily for Teachers & Parents. Before completing the Application Form, please review the following steps carefully to understand the process from start to finish.
Related / Similar Facility : SRLF Repayment Options & Methods Barbados
Step One: Start Online Application Form
** The Application Form is divided into sections.
** Follow instructions in each section until the Form is complete.
** You do not have to complete it in one sitting, use the “Save Application for Later” button.
** You can start or continue the process and complete it at any time.
Step Two : Requirements for Applicants
** Please note that the following items, where applicable must be uploaded online.
** Two Valid Government Approved Identification (National ID card, Barbados Passport, or Barbados Drivers’ License)
** Job letter must be provided
** Proof of Address (recent bill or document received in the Mail).
** Invoice(s) from Supplier
Please note the following:
** Proof of Address in the form of a recent utility bill or bank statement.
** Repayment must be by Salary Deduction ONLY.
** Applicants may borrow up to a maximum of $6,000
** Interest of 5.55% on reducing balance
** Repayable over maximum of 36 months
** One (1) month grace period
Step Three : Submit Application
** After submitting the form, you will not be able to make any further changes to the information online.
** Ensure that you have checked off all the necessary requirements listed under the “Review Checklist” at the final section.
Step Four : Track Application
Use the unique Confirmation Code provided after submitting the form in STEP THREE. You will also be notified via Email and SMS message of each update as the student’s application is being processed.
Apply Here : https://secure.srlfloan.edu.bb/Transformation/
Who Can Apply For SRLF Digital Transformation Loan?
The following persons can apply:
** Teachers / Tutors at Tertiary, University and Vocational Institutions
** Employed students
** Parents/Guardians of Students
FAQ On SRLF Digital Transformation Loan
Frequently Asked Questions FAQ On SRLF Digital Transformation Loan
What are the Terms of the Digital Transformation Loan?
The following terms apply:
** Unsecured Loan
** Applicants may Borrow up to a maximum of $6,000
** Interest of 5.55% on reducing balance
** Repayable over maximum of 36 months
** One (1) month grace period
** REPAYMENT by Salary Deduction only
What do I need to provide for the Digital Transformation Loan?
The following documents are required:
** Job Letter
** Two (2) pieces of Gov’t issued ID
** Name and Address of one (1) Reference
** Proof of Address
** Invoice(s) from Supplier
What is the purpose of Digital Transformation Loan?
This loan caters primarily to Teachers / Tutors and or/ their children who are now required to have computer equipment suitable for the purpose of E-Learning.