Standard Chartered Study Loan

Fund Type

Only pay the interest while you are still studying. Loan repayment starts after graduation.Insurance Protection - In the event of critical illness, permanent disability or death, your loan is covered.

Contact

Tel : 03-7727 6531/03.
http://www.standardchartered.com.my/

Eligibility

·          Students jointly with parents or immediate family/guardian.

·          Both student and co-borrower(s) must be Malaysian/ Malaysian PR.

·          Applicant (student)
- min age = 18, max = 30 (Degree & Diploma)
- max = 45 (Professional Certificate, Master degree & above)

·          Co-applicant (parent/guardian)
- Min age = 25, max = 55
- Relationship with student: Immediate family or relatives

·          Minimum gross monthly income of MAIN or CO-BORROWER(s):- -  Individual income : RM2500
- Household Income : RM3000
- Self employed : RM3500**Working adults can apply for the loan based on his own income and do not need a co-borrower

How to Apply

Complete the application form available at any Standard Chartered branch

Value Award

Minimum Loan
- RM20,000 (non-medical)
- RM30,000 (medical)

Maximum Loan
- RM100,000 (non-medical)
- RM200,000 (medical)

Non medical student: Max 11 years
Medical student: Max 15 years

Base Lending Rate (BLR) plus 2.5%