Bank Rakyat Education Loan
ELIGIBILITY:
- Citizen of Malaysia
- Age 18 to 60 years old
- Minimum monthly income of RM2,000
- Student or Immediate Family Member or Fixed income earner
FINANCING FEATURES
- Financing up to RM1 million
Tenure up to 20 years (inclusive of grace period) - Grace Period based on study period OR maximum four (4) years; whichever comes first.
- Rate as low as 3.99% per annum (3years)
Payment of study fee to Learning Institution - Takaful coverage is optional
WHY EDUCATION FINANCING-I BANK RAKYAT?
- Financing of course fees, education aids and living expenses.
- Competitive profit rate.
- No hidden charge.
- Full instalment begins after graduation.