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Pertubuhan Keselamatan Sosial

Menara PERKESO,

281, Jalan Ampang,

50538, Kuala Lumpur

Customer Service : 1300-22-8000

Fax : 03 - 4256 7798

SMS : PERKESO ADUAN  

[No. I/C] [your complaint] 

send to 15888

 

Working Hours
8.00 AM - 5.00 PM (Monday-Friday)

 

 

 
 

E. Education Loan Agreement Documents

Applicants who have accepted the offer for the education benefit must secure guarantors and joint sign the education loan agreement documents.

 

Eligibility to be a guarantor :

 

  1. Malaysian citizenship
  2. Number of guarantor and minimum income level of each guarantor commensurate with the approved loan amount:
    1. Amount less than RM100,000.00
      • Two (2) guarantors;
      • Net monthly income (after deductions) of not less than RM1,500.00;
      • Minimum employment period with current employee: 2 years; and
      • Permanent employment;
    2. Amount exceeding RM100,000.00
      • Three (3) guarantors;
      • Net monthly income (after deductions) of not less than RM2,000.00;
      • Minimum employment period with current employee: 2 years; and
      • Permanent employment.

 

  1. Minimum age to be a guarantor is subject to the loan amount as set out by the schedule below:

 

LOAN AMOUNT (RM)

MINIMUM AGE(NOT EXCEEDING)

1,000 – 2,500

 

2,501 – 5,000

 

5,001 – 7,500

 

7,501 – 10,000

 

10,001 – 12,500

 

12,501 – 15,000

 

15,001 – 17,500

 

17,501 – 20,000

 

20,001 – 22,500

 

22,501 – 25,000

 

25,001 – 27,500

 

27,501 – 50,000

 

50,001 – 100,000

 

More than 100,000

54 years old

 

53 years old

 

52 years old

 

50 years old

 

50 years old

 

49 years old

 

49 years old

 

48 years old

 

47 years old

 

46 years old

 

46 years old

 

41 years old

 

36 years old

 

31 years old

 

 

  1. Each guarantor can only guarantee one (1) loan applicant at any one time;
  2. Guarantor can be either parents, siblings, family members or close friends that have known the applicant for more than 5 years;
  3. Any guarantors that are self-employed must furnish a copy of the latest 3 years Inland Revenue Board (LHDN) Form B submission that is certified by an officer from the Inland Revenue Board and earn more than RM30,000.00 per year;
  4. Guarantors who have signed and agreed to be guarantors may not pull out, unless they are disqualified due to conditions set out within the Education Loan Agreement;
  5. Applicant and guarantors must sign their documents, witnessed by any of the following:-
    1. Member of Parliament / Senator;
    2. Any officers that belong to Group A or B from the government or approved agencies or equivalent;
    3. Officers that belong to the judiciary or legal services such as magistrates, lawyers or oaths commission;
    4. Public school headmaster;
    5. Police officers who are ranked SI and above / Military officers ranked Captain and above (or its equivalent);
    6. SOCSO officers who are Grade 19 and above;
    7. Village head / Justice of Peace / Warden/ village elder / community leaders / Sidang(Councillors)/ county development officer / JKKK Chairman (Village Development and Security Committee);
    8. For Sabah and Sarawak – ethnic group leader / Native Chief / Captain / Pemanca Councillors / Sabah park officer; and
    9. Other officers approved by SOCSO from time to time.

 

 

 

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