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Maybank Education Loan

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Maybank Education Loan


Interest Rate

S$ 200

Processing Fee

S$ 297

Monthly Repayment

S$ 10,000

Loan Amount

3 Years

Loan Tenure

Whether you want to study locally or abroad, Maybank Education Loan offers a range of flexible plans. With their current promotion of 4.45% p.a. interest rate, it is the cheapest option for most students. Best of all, it offers loans up to $200,000 and offers loans to part-time students as well.

*Promotion is valid till June 30, 2021. Your application must be approved by June 30, 2021.


  • Attractive education loan rates from 4.45% p.a.
  • Apply for a loan amount up to 8x your monthly income or $200,000, whichever is lower
  • Loan tenure of up to 10 years
  • Additional financing for education-related expenses
  • Flexible loan repayment schemes
  • Singapore
  • Overseas
Citizenship StatusSingaporean / PR
Age Requirement18 – 65 years old
Employment StatusSalaried Employee, Variable/Commission-based
Employees or Self Employed
Minimum Annual IncomeS$18,000 (for local part-time studies only)
Age Requirement (guarantor)21 – 65 years old
Minimum Annual Income (guarantor)S$30,000
Disbursement FeeS$100
Processing FeeS$100
Late Payment FeeS$50
Partial Repayment PenaltyS$150
Full Repayment Penalty$150 or 3% of the outstanding principal,
whichever is higher

Disclaimer: This information may differ from what you see when you visit other financial service websites or the product’s official site, but Loan Advisor continues to keep every detail updated and accurate. This site may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored will always be based on objective analysis.

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