• Obtain financing of up to BND 200,000.00 (subject to income requirements)
  • Maximum financing period of up to 10 years
  • Maximum grace period of up to 3 years (applicable only to overseas education)
  • Wide range of expenses covered
  • Choose from two financing packages
    Package Details
    Package A – Financing without Grace Period
    • Profit plus principle to be paid upon disbursement of funds
    Package B – Financing with Grace Period
    • Pays profit only during grace period according drawdown amount
    • Pays profit plus principle after the grace period
    • 36 months maximum grace period

Shariah Concept

  • The Shariah concept applicable is Tawarruq
  • Tawarruq, also known as Reverse Murabahah, refers to the process of purchasing a commodity for a deferred price determined through Musawama (bargaining) or Murabaha (mark-up sale), and selling it to a third party for a spot price so as to obtain cash.


  • Brunei Citizens and Permanent Residents
  • Brunei Citizens and Permanent Residents
  • Individuals aged 18 to 65 years

Required Documents

  • Original copy of Identity Card
  • Original copy of latest Salary Slip
  • Confirmation of Salary / Pension / Service Contract (where applicable)
  • Statement of Savings with other financial institution (where applicable)
  • Original copy of Identity Card
  • Letter of Acceptance from the Educational Institution
  • Course Fees Structure from the Educational Institution
  • Estimated Cost of Living from the Educational Institution

Fees and Requirements

For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.

Please read this Product Disclosure Sheet before you decide to take the Children's Education.  Be sure also to read the General Terms and Conditions.