- Malaysian
- Minimum monthly household income of RM10,000
- Main borrower (student)
- Age 18 to 25 years old (non- working student)
- Age 18 to 35 years old (working student)
- Joint borrower
- Age is between 21 & 65 years and not exceeding 70 years at the end of financing period.
- Relationship of joint borrower with main borrower must be immediate family member.
- Courses Programme:
- Degree and above (for local universities)
- List of courses are subject to changes by Maybank
Education Loan / Financing-i
Secure extra funding for your child's academic future without compromising on your wealth accumulation
Benefits
- Longer financing tenure
- High financing limit
- Competitive interest/profit rate.
- Flexible repayment scheme.
Features
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Features |
Collateral |
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Property |
Fixed Deposit |
ASB Certificate |
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Financing Amount |
Minimum Financing: RM10,000 Maximum Financing: Up to course fees OR MOA of security to be charged/pledge, whichever is lower |
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Margin of Financing |
120% Additional 30% above the collateral value. The 30% is capped at RM400,000. |
150% Additional 50% above the collateral value. The 50% is capped at RM200,000. |
67% Up to 67% of the certificate value. |
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Tenure |
Up to 20 years or age 70, whichever is earlier |
Up to 20 years or age 70, whichever is earlier |
Up to 30 years or age 70, whichever is earlier |
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Required Documents
- Copy of NRIC
- Letter of admission from the university or college
- Total annual or semester course fee by university or college
- Latest income documents
- Proof of assets / collaterals:
- Copy of individual / Strata Title of SPA
- Fixed Deposit / Islamic Fixed Deposit / General Investment Account-I Certificate
- ASB Statement
More info
- Click here to view Product Disclosure Sheet in Eng (Islamic)
- Click here to view Product Disclosure Sheet in BM (Islamic)
- Click here to view Product Disclosure Sheet in Eng (Conventional)
- Click here to view Product Disclosure Sheet in BM (Conventional)
Locate a branch
Find a Maybank branch nearby you