EduSmart - Insurance - Education Loan
Study Loan
Be worry-free every step of the way with our study loan provision
Should there be any unexpected additional funding required, you have the option of taking up a study loan facility under EduSmart. As a privileged member, you will enjoy a waiver of the processing fees.
Peace of mind
Have peace of mind with our competitive market interest rate that will be locked in at point of approval. Future fluctuation of rates will not affect your loan.
Better control of your finances
Spread your loan over fixed monthly instalments with your choice of loan tenure between 1 to 5 years. The monthly instalment remains the same whether you request for a lump sum or a progressive disbursement. This way, you do not have to worry about increasing instalments when you ask for further disbursements.
Hassle-free payment
Your monthly repayment is deducted automatically from your designated DBS / POSB account.
No prepayment penalty
You have a choice to pay off your loan sooner and save on interest! There is no prepayment fee charged if you decide to pay off the loan earlier.