EDUCATION LOAN
Loans for students or employees who want to study for Certificate, Diploma, Bachelor & Master Degree
Loan period
- minimum 1 year (2 years for the large amount of fees)
Fees & Charges
Interest Rate | (10.00%) |
Service Charges | (1.00%) |
Down Payment
- Minimum: 30% down payment & monthly principal payment
Required Documents
If an applicant is an individual,
- Form for Education Loan and related rules
- Business license of parents
- Profit & Loss statement and bank statement (for two closet financial years)
- Tax slip (for two closet financial years)
- Photos of business (Photos of operation, Raw materials & finished products, buildings and offices
- NRCs and household registration
- Passport photo of the applicant
- Commitment of guarantors
- Ward certification and recommendation from respective training school/ college / university
- Need to open a current deposit account
If the applicant is civil servant,
- NRCs and household registration, Passport Photo
- Living certificate from ward administrative office
- Position/salary recommendation by respective government department
- A guarantor who is able to pay the loan on behalf of the applicant
- NRC and household registration of guarantors
- Commitment from guarantors
- Recommendation from respective training school / college / university