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UOB Education Loan (or U Education Loan)
http://www1.uob.com.my/webpages/p_loans_education.htm
Finance Type A : Bank Loan Rm15,000 to Rm150,000
Academic Eligibility : SPM/STPM
Type of Study : Full time undergraduate and Postgraduate students
Age Limited : > 18 <26 years old.
| Fund Type |
The loan must be repaid back within:-
Min. - 3 years |
| Contact |
Menara UOB, Jln Raja Laut, Peti Tel: (6) 03-26128 121 (KL), (6) 07-2881 121 (JB), (6) 04-2401 121 (PG). |
| Eligibility |
If you are an undergraduate, and you wish to be
eligible for a U Education Loan, you must:
· be a U Club Member aged 18 to 25 · be a full-time student of an undergraduate Program at an accredited educational instituition* · have a guarantor aged 55 years and below, and earning a minimum of RM36,000 per annum |
| Value Award |
· The loan can be used to finance up to 100% of tuition fees. · in addition for undergraduates, the loan also finances living expenses of RM150-RM300 per month during the period of study · Min. - RM15,000Max. - RM150,000 |
Recognizing the cost of education today and the need to get that paper
qualification to secure your future, UOB now offers qualified full time
undergraduate and postgraduate students the opportunity to pursue a degree (or
equivalent) at accredited educational institutions with an attractive education
loan.
Benefits:
Attractive interest rates from as low as 0.75% + BLR for secured loans
flexible and easy repayment scheme
insurance coverage
Eligibility for the U Education Loan
For undergraduates:
Be a U Club member
A Malaysian aged 18 to 25 years old
Be a full-time student of an undergraduate programme at an accredited educational institution**
Have a co-borrower aged 55 below. (maximum 2 co-borrowers)
* Terms & Conditions apply
** Under Bank's approved list
How do I apply?
Visit any UOBM branch nearest to you.
Call our 24-hour UOB 121 Phone Banking at:
Kuala Lumpur(6) 03-26128 121
Penang(6) 04-2401 121
Johor Bahru(6) 07-2881 121
Kuching(6) 082-287 121
Kota Kinabalu(6) 088-477 121
List of Bank Study Loans available for Malaysian students in Sabah and Sarawak:
Skim Prihatin Pendidikan 1Malaysia (SPP1M)
RHB Bank Singapore Education Loan
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