Education Financing

Enabling you and your loved ones in achieving educational dreams and aspirations.

  • Eligibility

    Brunei Citizens and Permanent Residents

    Brunei Citizens and Permanent Residents
    Individuals aged 21 to 65 years
    Employed with Brunei Government, Semi-Government or private companies approved by BIBD including self-employed individuals

  • Required Documents

    Original copy of Identification Card
    Original copy of latest Salary slip
    Letter of Confirmation (Salary/ Pension/ Service Contract)
    Latest 3 months Bank Statements if salary is assigned with other Financial Institutions (where applicable)
    Business Registration Certificate (where applicable)

    Original copy of Identification Card
    Letter of Acceptance from Educational Institution
    Course Fees Structure from the Educational Institution
    Estimated Cost of Living from the Educational Institution

  • Requirements and Fees

    You may refer to the Bank's Schedule of Tariffs and the list of applicable rates for this product.


  • Financing facility that provides customers with financing up to B$200,000 for overseas education and B$50,000 for local education.

  • Wide range of expenses covered.

  • Maximum payment period of up to 10 years for overseas education and 7 years for local education.

  • Maximum grace period of up to 3 years (overseas education only).

Suitable For

  • Students

  • Parents & Guardian

Quick links

Shariah Concept


Tawarruq consist of two sales contract. The Bank will purchase Shariah-compliant commodities from a supplier and sell the commodities to the customer (1st sale contract), disclosing cost price and profit amount (“Murabahah”). Customer, as the owner of the commodities, can appoint the Bank as their disposal agent (“Wakil”) to sell the commodities (2nd sale contract) to a third party on their behalf, and as their payment agent to credit the sale proceeds to the customer’s account and/or make payment arrangements as agreed by the customer.

Further Information

Please read the Product Disclosure Sheet and the General Tawarruq Terms and Conditions of Sale before you decide to apply for Education Financing.