Local Education Loan

We offer one of the most comprehensive local education loans with our members’ interest in our heart. You have made the right choice to further your studies, now make the right decision to finance your education with our education loan.

Loan Quantum
100% Course fees
Rates of Interest
4% flat rate per annum (EIR 7.31% per annum)
Repayment Term
Up to maximum of 5 years
Processing Fees
2.5% flat
Eligibility (Applicant / Surety(ies))
  • Singapore Citizen or Permanent Resident
  • Age for Applicant: between 21 to 65 years
  • Age for Surety(ies): between 21 to 60 years
Document Required
Photocopy of NRIC (Front & Back)
Letter of Acceptance from Institute
School Fees Payment Schedule
Latest Computerized Payslip
Letter of Employment (if <3 Months Employment)
Last 6 months CPF contribution history
Latest IRAS Notice of Assessment (NOA)
CBS – Enhanced Consumer Credit Report
* Numbers of sureties to be provided are subject to loan quantum and credit evaluation.

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