Education Loan to Study in the Malaysia

Fulfill your dream to study in top Study in the Malaysia universities with hassle-free loans covering tuition, living, and travel — at competitive rates.

  • Attractive interest rate
    Attractive interest rate

    Flexible and low interest options to suit your needs.

  • Collateral free loan
    Collateral free loan up to Rs. 1.25 Cr*

    No security required for reputed universities.

  • EMI after course
    EMI starts after course completion

    Repay only when you start earning.

  • Covers all expenses
    Covers course, living & other expenses

    One-stop solution for all education-related costs.

NBFCs

Secured Loan Interest Rate
9.5 - 11.5 %
Unsecured Loan Interest Rate
8.95 - 13.0 %
Max Secured Loan Amount:
₹ 3,50,00,000
Max Unsecured Loan Amount:
₹ 4,00,00,000
Secured Loan Interest Rate
10.5 - 14.0 %
Unsecured Loan Interest Rate
10.25 - 14.5 %
Max Secured Loan Amount:
₹ 1,00,00,000
Max Unsecured Loan Amount:
₹ 1,25,00,000
Secured Loan Interest Rate
NA
Unsecured Loan Interest Rate
11.0 - 14.0 %
Max Secured Loan Amount:
NA
Max Unsecured Loan Amount:
₹ 1,00,00,000
Secured Loan Interest Rate
11.5 - 12.0 %
Unsecured Loan Interest Rate
11.0 - 14.0 %
Max Secured Loan Amount:
₹ 50,00,000
Max Unsecured Loan Amount:
₹ 1,00,00,000
Secured Loan Interest Rate
10.5 - 14.0 %
Unsecured Loan Interest Rate
10.25 - 14.5 %
Max Secured Loan Amount:
₹ 1,00,00,000
Max Unsecured Loan Amount:
₹ 1,25,00,000
Secured Loan Interest Rate
10.5 - 14.0 %
Unsecured Loan Interest Rate
10.25 - 14.5 %
Max Secured Loan Amount:
₹ 1,00,00,000
Max Unsecured Loan Amount:
₹ 1,25,00,000
Secured Loan Interest Rate
10.5 - 14.0 %
Unsecured Loan Interest Rate
10.25 - 14.5 %
Max Secured Loan Amount:
₹ 1,00,00,000
Max Unsecured Loan Amount:
₹ 1,25,00,000
Secured Loan Interest Rate
10.5 - 14.0 %
Unsecured Loan Interest Rate
10.25 - 14.5 %
Max Secured Loan Amount:
₹ 1,00,00,000
Max Unsecured Loan Amount:
₹ 1,25,00,000

Private Bank

Secured Loan Interest Rate
8.65 - 9.15 %
Unsecured Loan Interest Rate
9.15 %
Max Secured Loan Amount:
₹ 3,00,00,000
Max Unsecured Loan Amount:
₹ 50,00,000
Secured Loan Interest Rate
7.15 - 10.7 %
Unsecured Loan Interest Rate
NA
Max Secured Loan Amount:
₹ 2,00,00,000
Max Unsecured Loan Amount:
NA
Secured Loan Interest Rate
11.0 - 11.5 %
Unsecured Loan Interest Rate
10.8 - 13.0 %
Max Secured Loan Amount:
₹ 50,00,000
Max Unsecured Loan Amount:
₹ 1,00,00,000s
Secured Loan Interest Rate
8.25 – 10.35 %
Unsecured Loan Interest Rate
7.1 – 10.35 %
Max Secured Loan Amount:
₹1,50,00,000
Max Unsecured Loan Amount:
₹40,00,000
Secured Loan Interest Rate
8.75 – 11.75 %
Unsecured Loan Interest Rate
7.5 – 12.25 %
Max Secured Loan Amount:
₹ 2,00,00,000
Max Unsecured Loan Amount:
₹ 1,00,00,000
Secured Loan Interest Rate
9.25 - 12.5 %
Unsecured Loan Interest Rate
10.25 - 12.5 %
Max Secured Loan Amount:
₹ 3,00,00,000
Max Unsecured Loan Amount:
₹ 1,00,00,000
Secured Loan Interest Rate
NA
Unsecured Loan Interest Rate
11.0 - 14.0 %
Max Secured Loan Amount:
NA
Max Unsecured Loan Amount:
₹ 1,00,00,000
Need Help in education loan? — Free 1-on-1 Counseling with Our Advisors.

30K+ Students Counselled

600+ Universities

Why Study in Malaysia?

Malaysia has become a popular study destination for Indian students due to its affordable education, globally recognized universities, multicultural environment, and quality academic programs. With the proper financial aid in hand, the cost of foreign studies may be easier to manage. An education loan for Malaysia provides study loans for students, which include tuition fees, accommodation, travel expenses, insurance and other costs. Students will be able to concentrate on their studies and career prospects with appropriate funding support. At PayStudy, we help students to find secured education loans to study in Malaysia at every stage of the application process.

Top Courses to Study in Malaysia

  • Engineering & Technology
  • Business & Management (MBA)
  • Computer Science & IT
  • Health & Life Sciences
  • Finance & Accounting
  • Arts, Media & Communication

Top Universities in Malaysia

  • University of Malaya(UM)
  • Universiti Putra Malaysia (UPM)
  • Universiti Kebangsaan Malaysia (UKM)
  • Universiti Sains Malaysia (USM)
  • Universiti Teknologi Malaysia (UTM)
  • Taylor's University
  • UCSI University
  • Sunway University
  • Monash University Malaysia
  • University of Nottingham Malaysia

Why Choose an Education Loan for Malaysia?

Affordable Education and Living Costs

Malaysia is a good choice for students who wish to study in a quality education system at relatively low tuition fees and living costs.

Internationally Recognized Universities

Many universities in Malaysia are globally renowned and have partnerships with universities in the UK, Australia and the USA.

Diverse Course Options

International students have access to a range of undergraduate, postgraduate, diploma, and professional courses across multiple fields.

Safe and Multicultural Environment

Malaysia offers an equal opportunity environment for international students, comprising various cultures, modern infrastructures and comfortable student living facilities.

Types of Education Loans for Malaysia

Typical interest rate ranges are:

Scholarship Benefits
Secured Education Loan 8.5% - 10.5%
Unsecured Education Loan 9.5% - 13.0%
NBFC/Fintech Education Loan 10.0% - 16.0%

Factors affecting the interest rate:

  • University and course selected
  • Loan amount requested
  • Collateral availability
  • Co-applicant's income and credit profile
  • Student's academic background
  • Chosen repayment option (PSI, SI, or Direct EMI)

Documents Required

Student Required Documents:

  • Pan card
  • Aadhar card
  • Passport
  • Current & Permanent address proof
  • Marksheets: 10th, 12th
  • Degree certificate & consolidated marksheet(UG/PG)
  • Entrance exam score card -If Any
  • Bonafide/offer letter from college with fee breakup details.
  • 1 Passport size photo.
  • If Working -Latest 3 months' pay slip

Co-Applicant Documents Required:

The following documents are generally required from the co-applicant for the education loan process:

  • Government-issued identity proof (Passport, National ID, Driver's License, or equivalent)
  • Address proof
  • PAN Card or Tax Identification Number (as applicable)
  • Recent passport-size photograph
  • Bank statements for the last 3 months
  • Proof of employment or business (for self-employed )
  • Business registration documents (if applicable)
  • Any additional financial documents requested by the lender during the assessment process
  • Pension agreement documents ( For pension receiving co applicant)

Income proof:

  • Salary slips (last 3–6 months) for salaried employees
  • Employment letter or employment ID (if required)
  • Income Tax Returns (ITR) for the last 2 financial years, where applicable

Note: The exact document requirements may vary depending on the lender, loan amount, country of study, and the co-applicant's employment or income profile.

How to Apply for Malaysia Education Loan

 

Fill Out Application

Submit your profile and loan requirements through our simple online form.

Get Pre-Approved Offers

Receive loan offers matched to your profile from top partners.

Document Collection

We help gather and verify all your required documents quickly.

Loan Processing

Our experts handle coordination with banks/NBFCs for fast sanction.

Disbursement

Funds are sent directly to the university or your account as needed.

Why Choose PayStudy for Your Malaysia Education Loan?

Personalized Education Loan Guidance

At PayStudy, we assist students in finding the right education loan options based on their academic and financial profiles.

Support for Secured and Non-Collateral Loans

Our team of experts can help you obtain collateral and non-collateral education loans for Malaysia.

Simplified Loan Process Support

We lead students through the documentation process, eligibility and loan applications.

End-to-End Assistance

Whether it's financial planning, loan preparation, or any other support, we help students throughout their study abroad experience.

Assistance for Multiple Malaysian Universities

We assist students in applying to different universities and institutions across Malaysia.

Frequently Asked Questions About Study in the Malaysia

Are you ready to transform your life?

Check Your Education Loan Eligibility

Get your education loan eligible within a minute.