Local Education Loan

Education is the key to success. Realize your dream with our Education loan. TCC Credit Co-operative offers low interest education loan for students and parents to assist in paying high education cost.

Maximum loan amount:
Up to 100% of the course fees. Amount will be disbursed on a semester basis.

Repayment period:
Remaining course duration + 24 months

Interest rate:
2.2%p.a. flat rate for loans having a repayment period stated above.

Additional 0.5%p.a. will be added to the interest for every 12 months extension repayment period, subjected to TCC Ltd’s approval.

Eligibility Criteria

Main and Joint Applicant:

  • Singapore Citizen or Singapore Permanent Resident
  • Age between 21 and 60 years old
  • Must be a TCC Ltd’s member, membership is FREE
  • Earning a minimum monthly basic salary of $1,200
  • Should not be existing surety for any other loans from TCC

Surety/ Sureties:

  • Singapore Citizen
  • Age between 21 and 55 years old
  • Must be a TCC Ltd’s member, membership is FREE
  • Earning a minimum monthly basic salary of $1,500
  • Should not be an existing surety for any other loans from TCC