Why avoid defaulting?

• You end up paying more
• Avoid legal problems
• Burden on sureties
• Loss of security
• Others are robbed of the opportunity to benefit from the Fund to further their education

If you are in arrears please do not hesitate to call our Credit Unit to make arrangements utilising one of the many accommodations designed to suit your specific situation.

Methods of LOAN REPAYMENT

Borrowers can SMARTPAY their loans using the methods below:

• SRLF Online Payment Portal (https://secure.srlfloan.edu.bb/)
• Salary Deductions
• Credit Cards (Visa or MasterCard)
• Debit Cards
• Personal Cheques
• Draft / Cashier cheques
• Standing Orders with banks or the SRLF’s bank
• Electronic Bill payment
• Cash
• Wire Transfers:
  Republic Bank (Barbados) Limited
  Account No.: -028044151006
  Swift Code: - BNBABBBB
  
  Royal Bank of Canada
  Account No.:-09435-1057785
  Please click here for further instructions on RBC wire transactions
  
  CIBC First Caribbean Bank
  Account No.:- 1001127515
  Please click here for further instructions on CIBC/FCIB wire transactions

Also in this Section...

• Overview
• Methods of Loan Repayment
• Repayment Options
• SMARTPAY
• Credit Unit Personnel
• Frequently Asked Questions
• Book an Appointment