Our children are our future. We want what is best for them. We may not be able to guide them every step of the way but with a good education, we can equip them with the knowledge and skills to cope with life's challenges independently.
The cost of education is rising day by day and it has become increasingly difficult to qualify for financial aid. At the same time, you want to enrol your child in the best institution, whether local or foreign. MZ EduCash prepares your family for this.
Cash to Fund Your Child's Education
MZ EduCash helps finance your child's tertiary education through graduation and, at the same time, protects you and your child against unforeseen circumstances.
The Child's Financial Independence is Guaranteed MZ EduCash will ensure that your child continues to enjoy the funds that you have set up for his/her future use even when you are no longer around to continue servicing the premiums.
Better Way to Manage Education Expenses Upon attaining age 19, 40% of the Basic Sum Assured will be paid to assist with the initial education funding. At age 20, another 30% of the Basic Sum Assured will be made available. The balance of 30% of the Basic Sum Assured plus all accumulated bonuses will be paid when your child attains the age of 21.
Easy Payment Premiums can be paid yearly, half-yearly, quarterly or monthly. Payments via credit card or auto-debit are acceptable at no additional cost.
RHB Bank Customer Privillege MZ EduCash is exclusively for RHB Bank customers only.