ActivBank Products

1. Scholarship

This scholarship is about to help student graduate from their study without thinking a problem about money. But one of the requirement in this contract is, student who succeed to received this scholarship must work with our bank, it depends on the value of scholarships that we gave.

Example : RM5000 equal to working for a year and RM 15,000 is equivalent to three years of work. The scholarships receiver will only receive the money automatically at the first semester only. In the second semester and the next, depends on the CGPA for the final examination. If CGPA is not following conditions imposed by our bank, we will extent the scholarship until the next CGPA are 3.5 and above. About the payment back of the scholarship, they only need to pay the total value that they have use. No interest will be charge. Because we use the concept of Qardhul Hasan and Hibah.

The second thing in this scholarship is, if they studied a different courses other than finance, business, marketing, banking and accountancy, our company will send them to the cooperative company that has been selected by us in accordance with the stipulated agreement. Example, ActivBank have a graduate student in medical courses, which is not applicable with their requirement, so that ActivBank send the student to the cooperative company that has been selected by them, which is related to the student courses.