Maybank Education Loan
Interest Rate
Processing Fee
Monthly Repayment
Loan Amount
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.
ALL DETAILS
Key Features
- 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
Study Location
- Singapore
- Overseas
Eligibility
Citizenship Status | Singaporean / PR |
Age Requirement | 18 – 65 years old |
Employment Status | Salaried Employee, Variable/Commission-based Employees or Self Employed |
Minimum Annual Income | S$18,000 (for local part-time studies only) |
Age Requirement (guarantor) | 21 – 65 years old |
Minimum Annual Income (guarantor) | S$30,000 |
Other Fees and Charges
Disbursement Fee | S$100 |
Processing Fee | S$100 |
Late Payment Fee | S$50 |
Partial Repayment Penalty | S$150 |
Full Repayment Penalty | $150 or 3% of the outstanding principal, whichever is higher |
Extra | extra |
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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