Market Leading Rates
With the Kina School Fees Loan you get to enjoy a market leading rate of 25%, we offer one of the lowest bank rates in the country.
Designed to save you time, you can now easily apply online using the digital application form, exclusive to Kina Bank.
Applying for a loan has never been easier or faster. Complete your digital application form for a fast response.
Extended Borrowing Limits
Enjoy flexible loan terms between 6 – 12 months with fixed monthly repayments. Need to borrow more than PGK30,000? We can help. Let us know in the enquiry form.
What About Other Fees?
Good question. Consistent with similar loans, there are some charges associated with the Kina School Fees Loan.
Frequently Asked Questions
What is the Kina School Fees Loan?
A Kina School Fees Loan (also referred to as the Kina Back To School Loan) acts as a form of credit that assists in paying school fees. It has been designed to make payments for the new school year and covers school fees, stationery, travel and uniforms. The maximum borrowing amount is PGK30,000 although we can assist you with more if required.
Unlike a credit card, with a Kina School Fee Loan, you receive a single payment from Kina Bank for the approved amount. The borrowed money then needs to be used to make the payment that was detailed on your application. Once you have received the funds, you will need to make monthly repayments.
How do I apply for a Kina School Fees Loan?
It’s easy. Simply visit our website and complete the online enquiry form. If you’re not an existing customer, you’ll need to visit your local Kina Bank branch and our friendly staff will assist you. When you process your application, you will need 2 forms of primary ID. If you need to discuss your current situation prior to applying, you can call us on +675 308 3800 or on 180 1525 and our team will help find the right loan for you.
What are forms of primary ID?
When applying for a new account, you will need to have 2 forms of primary ID. We classify primary ID as:
- Passport (foreign passport must include a copy of your entry permit)
- Driver’s licence
- Employment ID card with employment confirmation letter
- Current student ID and confirmation letter from your tertiary provider
- Superannuation membership card
- PNG work permit with Labour & Industrial Relations letter
- PNG Government issued photographic Licence and or Permit
- National Identity card issued by NID office
*All forms of ID must be valid. Any expired ID won’t meet the ID requirements and as such we won’t be able to accept the ID. If you don’t have 2 forms of Primary ID, please call us on +675 308 3800 or 180 1525.
What are the features of the Kina School Fees Loan?
- Loans range from PGK1,000 to PGK30,000.
- If you need more than PGK30,000 let us know in the enquiry form, we can still help.
- Repayments are set monthly. Loan terms range from 6 months to a maximum of 12 months.
- Apply online using the digital application form.
What are the fees and charges attached to the Kina School Fees Loan?
All of our fees and charges can be found in the Kina Bank Fees Schedule, see it here.
What is the repayment structure of the Kina School Fees Loan?
The repayment structure is principal and interest. If you’re employed, the repayments will come directly from the account that your salary is paid into. If you’re self-employed, the repayments will be taken from your primary transaction account.
Do I need to be a Kina Bank customer to apply for a Kina School Fees Loan?
Yes, to apply for a Kina School Fees Loan you need to be an existing customer. Repayments must be drawn from a Kina Bank account.
Are there monthly account fees when I take out a Kina School Fees Loan?
Yes, you will be charged PGK10 each month.
What is the minimum age requirement to apply for a Kina School Fees Loan?
You must be at least 18 years of age.
What loan amounts and terms do you offer with the Kina School Fees Loan?
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