Maybank Education Financing / -i

What are the benefits?

Higher financing amount up to RM400,000
Margin of Financing up to 150% of collateral value
Competitive interest/profit rate
Covers enrolment at both local and overseas institution, including twinning programmes
Stretchable repayment period up to 30 years
Flexible repayment schemes

What are the types of financing?

Unsecured Financing (No Collateral)
Financing Amount	Minimum Financing: RM10,000 Maximum Financing: Up to RM150,000
Tenure	Up to 15 years or age 50 (whichever is earlier)
Etiqa Insurance	Encouraged to be taken to insure the outstanding balance of financing amount (can be included in financing amount, up to 5% of financing amount)

Unsecured Financing (No Collateral)

Financing Amount

Minimum Financing: RM10,000

Maximum Financing: Up to RM150,000

Tenure

Up to 15 years or age 50 (whichever is earlier)

Etiqa Insurance

Encouraged to be taken to insure the outstanding balance of financing amount (can be included in financing amount, up to 5% of financing amount)

Secured Financing (With Acceptable Collateral)
Financing Amount	Minimum Financing: RM10,000 Maximum Financing: Up to course fees OR Margin of Financing (MOF) of the collateral to be charged/pledged, whichever is lower
Collateral	Property	Fixed Deposit (FD/IFD) /General Investment Account (GIA-i)	Amanah Saham Bumiputera (ASB) Unit
Tenure	Up to 20 years or age 70 (whichever is earlier)		Up to 30 years or age 70 (whichever is earlier)
Margin of Financing	Up to additional 30% above the standard Housing Loan MOA or a total financing of 120% of the property value. The additional 30% shall be capped at RM400,000 (include MRTA/PRTA and related expenses)	Up to additional 50% of the FD/IFD/GIA-I amount or total financing of 150%. The additional 50% shall be capped at RM200,000 (include PRTA/PRTT and related expenses)	Up to 67% of the ASB unit value

Are you eligible?

Main Applicant	Joint Applicant
Malaysian citizen Undergraduate Students: 18 - 35 years old Postgraduate/Professional Programme Students: 18 - 45 years old Covers enrolment at both local and overseas institutions, including twinning programmes Pursuing Degree or Post Graduate & Professional Programme recognised by the Malaysian Qualification Agency (MQA) or Ministry of Higher Education (MoHE) Existing or prospective student in possession of an admission/enrolment letter from the university concerned	Co-applicant (if required) must be a Malaysian citizen 21 - 65 years old (not exceeding 70 years at the end of financing tenure) Immediate family member of applicant Minimum monthly household income of RM5,000

Main Applicant

Joint Applicant

Malaysian citizen
Undergraduate Students: 18 - 35 years old
Postgraduate/Professional Programme Students: 18 - 45 years old
Covers enrolment at both local and overseas institutions, including twinning programmes
Pursuing Degree or Post Graduate & Professional Programme recognised by the Malaysian Qualification Agency (MQA) or Ministry of Higher Education (MoHE)
Existing or prospective student in possession of an admission/enrolment letter from the university concerned

Co-applicant (if required) must be a Malaysian citizen
21 - 65 years old (not exceeding 70 years at the end of financing tenure)
Immediate family member of applicant
Minimum monthly household income of RM5,000

Interested to Apply?

Step 1: Fill up the Maybank Education Financing Application/-i Application Form

Download form

Step 2: Prepare the required documents

Copy of NRIC of main applicant & (where applicable) joint applicant(s)
For prospective students:
- University admission/enrolment letter
- Copy of university course fees schedule by semester or year
For existing students:
- Latest exam results
- Copy of university course fees schedule by semester or year
For Secured Financing applications:
- Copy of individual/strata title or SPA
- Copy of FDR/IFD-i/GIA-i certificate
- ASB statement

Step 3: Submit completed Form and Required Documents via email to studyloan@maybank.com

Email now

More Info

Product Disclosure Sheet	Secured	Unsecured
Islamic	Product Disclosure Sheet	Product Disclosure Sheet
Conventional	Product Disclosure Sheet	Product Disclosure Sheet

Standardised Base Rate at 3.00% p.a. effective from 8 May 2023

The Standard Base Rate may be revised accordingly to reflect the changes of the Overnight Policy Rate (OPR) set by Bank Negara Malaysia.

Click below to view the Repayment Table.

Repayment table

Terms & Conditions

The University/College or other education institution must be acceptable to the Bank.
List of courses or programmes are subject to changes by Maybank.
All applications for Maybank Education Loan/Financing-i are subject to Maybank’s credit assessment, approval and other applicable terms and conditions.
Loan/financing disbursement is subject to the satisfactory fulfilment of the terms and conditions stipulated in Maybank’s Letter of Offer.
Please read the Maybank Education Loan/Financing-i Product Disclosure sheet for more information.

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