Online Education Loan Interest Form


Why FRANK Education Loan
  • Further your education and enjoy a low interest rate of 4.5% per year (EIR is 5.17% per year*)
  • Loan up to 10x your monthly income or S$150,000 (whichever is lower)
  • Choose from three flexible repayment options

*Effective Interest Rate (EIR) is assumed on a 2-year course with repayment period of 8 years and Standard Repayment method. The EIR comprises of 4.5% per year of interest rate which is calculated on a monthly rest basis and 2.5% of processing fee of the approved loan amount that is applicable upon disbursement of loan.


FRANK Education Loan + FRANK Visa Debit Card Benefits
A FRANK Visa Debit Card, tagged to your loan servicing account, allows you to enjoy perks while you push ahead in your studies.
  • Free FRANK Debit Card Design. Choose from over 120 designs.
  • Annual FRANK Debit Card fee waiver for life.
  • Withdraw cash locally and overseas.
  • Over 2 million merchants accept VISA Debit Card.

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I am aware that, by signing up for this product or service, I am consenting to Oversea-Chinese Banking Corporation Limited and its related corporations (OCBC Group) – as well as their agents and authorised service providers – to collect, use and disclose my personal data, and to share this data with their business partners for marketing and promotional purposes. These purposes include the “Additional Purposes” set out in the OCBC Data Protection Policy, available at www.ocbc.com/polices or any OCBC Bank branch.

For avoidance of doubt, I am also aware that the above consent overrides any earlier withdrawal of such consent; should I wish to withdraw my consent later, I shall use the form available at www.ocbc.com/consent-withdrawal-form or any OCBC Bank branch.

In addition, by checking the box, I also consent to OCBC Group contacting me via SMS, telephone call and other phone number-based messaging about products and services offered by OCBC Group, its business partners and agents, regardless of my registration(s) with the Do Not Call registry.

Please tick the appropriate box if you agree to the preceding statement

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I acknowledge that I have read and agree to the Terms and Conditions Governing Education Loans.