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Loans

Maybank Education Loan

Whether you are pursuing your education locally or overseas, Maybank Local or Overseas Education Loan takes the worry out of financing your education.

We offer a range of flexible plans that allow you to repay your loan during or after your studies.

Promotion

  • Attractive interest rates from 4.45% p.a. (Education Loan Board Rate plus 0.45% p.a.)1
  • Apply for an Education Loan online to finance your local studies and receive S$100 shopping voucher² per successful application.

APPLY ONLINE NOW

1This promotion is valid till 1 January 2021. Your application must be approved by 1 January 2021. Maybank may change these terms or suspend or terminate the promotion without giving any notice. The Education Loan Board Rate is currently at 4.00% p.a.

²Campaign Period from 1 November 2020 to 31 December 2020 or whilst stock last, whichever is earlier. To be eligible to receive S$100 worth of shopping voucher under the Campaign, applicant must, during the Campaign Period, successfully apply for an Education Loan via the online loan application platform on Maybank's website with a minimum loan quantum of S$15,000 and a minimum loan tenure of 3 years ("Loan"). For avoidance of doubt, the Loan must be applied for, approved and accepted by 31 December 2020. Applicable to local studies only. Campaign is not valid in conjunction with other promotions/campaign. Terms and Conditions apply.

Benefits

  • Enjoy attractive interest rates from 4.45% p.a.
  • Apply for loan amount of up to 8X your monthly income or S$200,000 (whichever is lower).
  • Repayment period of up to 10 years.
  • Available for both local and overseas studies.
  • Additional financing for education-related expenses (such as accommodation fees, computer equipment, books).
  • Choose from various flexible education loan repayment plans to suit your financial needs.

How to apply

Apply Now:

  • Eligibility
    • Singaporean and Permanent Residents
    • Applicant (student) : 18-65 years old
    • Guarantor (if required) : 21-65 years old
    • Applicant (student-local part-time studies) : minimum S$18,000 annual income
    • Guarantor (if required) : Minimum S$30,000 annual income
  • Make an Appointment Now.
  • SMS:  STU <Name> <Contact No.> to 79898.

Rates / Fees & Charges