Last updated on Thursday, 06 September, 2018 10:51:59 PM


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Finance Type A : Bank Loan
Type of Study : Courses in Malaysia and Courses in foreign countries
Age Limite : > 18 < 60 years old


Bumiputra-Commerce Bank

(please see CIMB bank)

Fund Type

1) Local Courses - 30% of margin of financing to be placed in Fixed Deposit (under lien to Bumiputra-Commerce)

2) Foreign Courses - 40% of margin of financing to be placed in Fixed Deposit (under lien to the Bank) OR 50% of margin of financing against First and Second shares not on their negative list

Loan repayment tenure is a maximum of 10 years out of which:-

  1. for Local courses you will service your monthly interest for the first 5 years and monthly installments until full settlement of loan for the remaining 5 years. 
  2.  
  3. for Foreign Courses, the installment will commence after one month full drawdown. 

for Twinning courses, either of the option above.

Contact

Bumiputra-Commerce Bank Berhad
6 Jalan Tun Perak, 50050 Kuala Lumpur, Malaysia
P.O.Box 10753, 50724 Kuala Lumpur

Call: 1 300 880 900

Eligibility

Student plus parents or guardian with adequate capacity. Where students are below 18 years of age, they are to execute an Agreement as a co-borrower upon reaching 18 years of age.

Maximum age limit is 60 years 

How to Apply

Log on to Bumiputra-Commerce Bank's Official Website or call toll-free 1 300 880 900 for further information.


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