Education Financing-i

  • Financing is up to RM1 million
  • Tenure up to 20 years (Inclusive of grace period up to 4 years)
  • Takaful Coverage is optional
  • Disbursement direct to learning institution
  • Rate as low as 3.99% (flat) per annum
  • Malaysian Citizen
  • Minimum fixed monthly Income RM2,000
  • Minimum age 18 years old and maximum 60 years old (at the end of the financing tenure)
  • Applicant (Student or Immediate Family Members)
Documents Required  Public Private Pensioner Business Owner / Professional Commision Earners
Copy of MyKad/MyTentera
Latest 3 months salary slip      
Latest 3 months Bank Statements  √      
Latest Bank Statement for  6 months transactions      √  √
EPF Statement        
And at least one (1) of the following:
  • Confirmation letter from employer
  • EA Form


Copy of government or army pensioner card      
Confirmation Letter Pension Transfer to Bank Rakyat        
Pension (JPA) / Ledger (JHEV) Statement        
Business Registration Certificate      
Form ‘B’ sent to LHDN / Receipt Payment        √
License / membership of the Board of Trustees Recognized (Professional)      
Form A & D Registration Form 24 & 49 of company        
Statement of commission 6 months        
Original copy of university / college acceptance letter / certified true copy by University
Original copy of course fee schedule


Effective Rate

Flat Rate

1-20 years

6.50%- 10.00% Per annum

3.45%- 6.58% Per annum

  • Biro Perkhidmatan Angkasa (BPA)
  • Salary Transfer to Bank Rakyat
  • Salary Deduction
  • Electronic Payment
  • Financing is up to RM1 million inclusive cost of living