Bank Study Loan Malaysia

The personal loans that most opt for in malaysia are the unsecured type.

Bank study loan malaysia. This is basically a loan in which the borrowers offer some of their assets for instance a car to act as a form of security or as a collateral for the loan. The loan amount can go up to a whopping rm1 000 000 which can be repaid within 20 years. 3 effective interest rate eir is calculated taking into consideration the applicable processing fee and based on approved loan amount of s 20 000. The university college or other education institution must be acceptable to the bank.

Loan applicants must have a minimum fixed monthly income of rm2 000. The types of loan offered could either be secured or unsecured loans. Please read the ocbc education loan product disclosure sheet for more information. Bank rakyat education financing i.

Cimb prime rate is currently at 5 5 p a. Loan disbursement is subject to the satisfactory fulfilment of the terms and conditions stipulated in ocbc bank s letter of offer. 1 interest rates are subjected to change without prior notice. List of courses or programmes are subject to changes by maybank.

Bank rakyat education financing i is for individuals who need help financing their education in malaysia or abroad. The university college or other education institution must be acceptable to the bank. The eir may differ depending on the applicable monthly.