If you have graduated and wish to make an early repayment, you may either make your repayment via monthly instalments or lump sum repayment:

 

1. Monthly instalments - You have to inform us your intention to start early repayment of your education loan through 'Write to us'. Please state the month which you would like to start the repayment and we will advise you on the monthly instalment amount.

 

After your request for early repayment has been approved, we recommend that you set up GIRO for your education loan repayments through "Forms and e-applications" with your Singpass to deduct your monthly repayments through GIRO. You will be re-directed to the bank's ibanking portal to complete the application.

 

2. Lump sum repayment - You may proceed to make a partial or full lump sum repayment online through "Manage education loan repayments" under "Forms and e-applications".