EDUCATION FINANCING-i FALAH
A scheme developed for individuals who plan to continue their education locally or abroad. This financing covers tuition fees, cost of living as well as the purchase of text books and other educational aids. |
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Concept
Bai-Al’Inah |
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Eligibility - Malaysian citizens aged 18 and above and not exceeding 65 years of age at the end of the financing period
- Working students with fixed income
- Students without income may apply through parents, spouses, siblings or legal guardians
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Quantum of Financing
- Maximum RM200,000.00 (with guarantor)
- Unlimited financing(subject to collateral value)
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| Repayment Method |
Guarantors - Guarantors can be exempted for applicants meeting the terms and conditions.
- Students are required to be a guarantor
- An additional guarantor is required if payment not made through Biro Perkhidmatan Angkasa (BPA).
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Collteral - Landed property
- Bank Rakyat's Investment Certificates.
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