Rhb Study Loan Malaysia
Please read the ocbc education loan product disclosure sheet for more information.
Rhb study loan malaysia. Up to 90 5 mrta inclusive of fec of not more than 2 minimum entry age. Finance entry cost fec which includes legal fees and valuation fees. Koperasi jayadiri malaysia berhad or kojadi was established in 1981 where its objective is to extend an effective student loan facility to enable students in need to pursue higher education and to shape students into well trained manpower to meet the demand for skilled human resources in the country. As the name suggests a study loan is a loan product offered by a bank for the specific purpose of financing the borrower s education.
Malaysian citizens only rhb personal financing i for private is a shariah compliant personal loan from rhb bank that is catered for private sector. 18 years old loan tenure. Rhb personal financing is an option that is convenient and flexible at the same time with reasonable interest rates for an affordable monthly installment repayment. Full time and part time programs approved by the ministry of education jabatan pentadbiran awam are acceptable when applying for the rhb study loan both for local or overseas education.
Loan disbursement is subject to the satisfactory fulfilment of the terms and conditions stipulated in ocbc bank s letter of offer. In malaysia notable banks that offer some form of study loan include. We are the fourth largest fully integrated financial services group in malaysia. Rm30 000 inclusive of mrta.
Students loans offered by banks and other organisations in malaysia. The university college or other education institution must be acceptable to the bank. Effective interest rates eir may vary based on repayment period. The study loan offered by bank rakyat is called education financing i falah and it finances up to rm200 000 for a maximum loan period of 15 years.
Rhb bank study loan as a student you can apply for this bank loan either solely or jointly with their parents brother sister spouse or children. With rhb as your ally you have someone whom you can bank on to help you achieve your financial goals and make your dreams a reality. The profit rate of this loan would depends very much on the amount being borrowed. Offers a secured study loan that finances up to 50 of the value of a secured property for a maximum loan.
Bank rakyat study loan bank rakyat is the biggest islamic cooperative bank in malaysia. Pf 7 years is only applicable for financing amount rm11 000 and above only.