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 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.
 
Concept

Bai-Al’Inah
 
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
Quantum of Financing
  • Maximum RM200,000.00 (with guarantor)
  • Unlimited financing(subject to collateral value)
Repayment Method
  • Maximum 15 years*
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).
Collteral
  • Landed property
  • Bank Rakyat's Investment Certificates.
 Head Office
Bangunan Bank Rakyat, Jalan Tangsi, Peti Surat 11024, 50732 Kuala Lumpur
Tel: 03-26129600, Fax: 03-26129655, tele-Rakyat: 1-300-88-1BANK (12265)
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Last Update
30 July 2010 12:00 AM