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EDUCATION LOAN

Education plays a key role in shaping our future. It is one of the most important investments we’ll ever make for our children or for ourselves. Get the financial support you need for the pursuit of higher education both locally and overseas.

Features

  • 2 types of schemes available – Children Education (Scheme A) and Self Education (Scheme B)
  • Loan will cover registration fees, tuition, accommodation and living expenses
  • Maximum loan period of up to 6 years
  • Loan protection insurance coverage

Eligibility

  • Between 21 and 70 years of age1 at the end of tenor
  • Brunei citizen or Permanent Resident
  • Minimum monthly net salary of BND1,500
  • Employees of Brunei Government, Semi-Government and private sector companies accepted by the Bank;
    Pensioners2; Sole proprietors and individuals receiving rental income
  • Minimum Net monthly salary of BND1,500 - BND2,000 for salary /rental income and BND5,000 for sole proprietor
  • Salary/Income must be assigned to Baiduri Bank

1 Applicant must be no more than 70 years of age at the end of loan period.
2 Civil servants who are serving early retirement and receiving monthly pensions.

Documentation

  • Valid Identity Card or Passport
  • Child’s Identity Card or Passport (for Scheme A)
  • Latest bank statement/updated savings passbook
  • Letter of confirmation for employment and salary (where applicable)
  • Letter of acceptance or confirmation of enrolment from educational institution
  • Valid student visa for overseas institutions (can be provided upon approval)

*Terms and conditions apply

For more information, visit your nearest Baiduri Bank branch or call 244 9666.

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