This benefit is in the form of loans may be provided to a dependant child of an insured person who:
- Dies as a result of employment injury
- Is in receipt of periodical payments for Permanent Disablement Benefit
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%.
Note: Application is subjected to terms and conditions specified by SOCSO.