Study Loan Rates
We look at study loan rates from RHB bank in Singapore. It is taken from their Education Loan package.
Effective Study Loan Rates
The Effective Interest Rates# for the different repayment schemes, based on the Applied Interest Rate of 4.88% p.a. for Overseas Studies, are as follows:
Study Loan Rates :
Tenure | Standard Rates
1 year 8.50%
2 years 6.73%
3 years 6.11%
4 years 5.80%
5 years 5.60%
6 years 5.48%
7 years 5.39%
8 years 5.32%
9 years 5.26%
10 years 5.22%
Study Loan Rates :
Tenure Graduated^
During Study Period
1 year 5.55%
2 years 5.38%
3 years 5.28%
4 years 5.21%
5 years 5.17%
6 years 5.13%
7 years 5.10%
8 years 5.08%
9 years 5.06%
10 years 5.05%
Study Loan Rates :
Tenure Graduated^
After Study Period
1 year 6.09%
2 years 5.81%
3 years 5.62%
4 years 5.49%
5 years 5.40%
6 years 5.33%
7 years 5.27%
8 years 5.23%
9 years 5.19%
10 years 5.16%
Study Loan rates are shown for your personal use. Study loan rates are subject to change.
# Effective Interest Rates are calculated on a monthly rest method, and includes an upfront processing fee of 2% of the approved loan amount.
^ A 24 months study period is assumed in the calculation of the Effective Interest Rates for the Graduated and Deferred repayment schemes.