This benefit is in the form of loans may be provided to a dependant’s child of an Insured Person who:
- Dies while receiving Invalidity Pension
- Dies before attaining the age of 60 years but has completed a full or a reduced qualifying period
- Is a Invalidity Pension recipient
Note: Application subject to terms and conditions specified by SOCSO
Service Charge SOCSO Education Loan
Effective 1st January 2013, service charge education loan for all borrowers who received education loan offered before 1st January 2009 has been reduced from 4% to 2%. Meanwhile, for new borrowers who received education loan offered after 1st January 2009, services charged still remain at 2%.