AFFIN Education Financing-I


  • Financing Margin – Up to 100%* of coursework fee +5% of Takaful coverage
  • Financing Tenure
    • Minimum: 5 Years
    • 20 Years or up to age of 65, whichever is lower
  • Financing Amount – Up to RM400,000 (Note: Maximum facility amount of RM600,000 is eligible for Medical, Engineering, and Pilot courses only)
  • Collateral – Collateral may be required either fully or partially secured


  • Financing Your Academic Future – Financial assistance for qualified individuals or selected University or College to cover their education programme.
  • Shariah-Compliant Financing – Based on the Shariah concept of Ijarah of usufruct concept (leasing).
  • No Early Settlement Fee – No fee is imposed for early settlement.
  • Guarantor or Collateral – No guarantor is required. However, collateral may be required either fully or partially secured.
  • Ceiling Rate – Get protected against a higher rate by the profit rate capped at 15% per annum.
  • Takaful Coverage – Group Credit Family Takaful (GCFT) is highly encouraged to be taken by both applicant and joint applicant to ensure that you and your family are protected.


Student Eligibility

  • Malaysia citizen aged 18 and up to 45 years old.
  • Open to Foundation, Certificate, Pre-University (e.g. A-Level), Diploma, Degree, and Postgraduate program (Master’s Degree and Doctorates) and Professional Courses for students of appointed universities/colleges.
  • Requires the parents, spouse, siblings, or non-immediate family members to jointly apply with the student as joint applicants.

Joint Applicant Eligibility

  • Malaysia citizen aged 21 years old and above.
  • Minimum monthly income of RM5,000.
  • If the minimum monthly income is unable to meet, a minimum of two (2) joint applicants with minimum income of RM3,000 per month per joint applicant is required.

For more information, kindly refer to Affin Education Financing I

*Terms and Conditions apply.