Expanded Seal Program (Student Educational Assistance Loan)
Tuition Fee + Cost of Books & Uniform based on School Assessment.
|INTEREST RATE||15% p.a.|
|MAXIMUM LOAN TERM||One (1) Year|
|FEATURES||No Collateral Required
Easy and Flexible Payment Scheme
Lower Interest Rate
Life Insurance for Loan Protection
|CONSIDERATIONS||Students as Principal Borrower should be 18 years old and above. Co-maker System (Parents or Brothers/Sisters/Guarantor). Subject to other loan charges such as: Documentary Stamps, MRI, and Notarial Fee.|
JOINT and SEVERAL GUARANTEE (JSS) of the Parents or Guardian or acceptable Guarantor.
Conforme or Agreement with the School to hold School Records (Form 138) until SBI will be fully paid.