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Now Everyone Can Stop The Obsession Of Getting Loan For Flight Training – Layang Layang Flying Academy

by Visnu

In the earlier days, pilots who join as private cadets apply personal loan or use their savings in order to pay for their flight training.Loan or scholarship as much as RM400,000 were only provided to cadets who passed their cadetship and get their job secured.

LLFA is proud to announce the association with AFFIN bank and is accepted in the panel. Interested Cadets Can now approach to this bank for study loan to pursue their flying career with with LLFA .

LLFA is now blooming very fast with their very classic fleets such as cessna. They have fixed wing base in Ipoh Perak.

AFFIN Education Financing-i is essentially an additional financial assistance to deserving students of selected University / College duly approved by the Bank to pursue studies for foundation, pre-university, certificate, diploma, degree, post graduate programmes (Master’s degrees & Doctorates) and professional courses. The course programme to be financed is subject to the Bank’s approval.


(i) Student (Main applicant)

  • Malaysian citizen
  • Age between 18 years old to 45 years old
  • Applicable for full and part time students, new in-take or existing students For part time student, the application will be accepted, with or without joint applicants. Part time student must be under employment.
  • Open to all Foundation, Certificate, Pre-University (e.g. A-Level), Diploma, Degree, Postgraduate.
  • (Master’s degrees & Doctorates) and Professional Courses for students of appointed universities /

(ii) Parent/Spouse/Siblings/ Guardian (Joint Applicant) Malaysian citizen

  • Age between 21 years old and above Minimum annual income of RM24,000.00
  • The product requires joint applicant (open to all) to jointly apply with the student as part of risk mitigation
  • The DSR / payment capacity will be assessed on the joint applicant based on the Bank’s Consumer Credit Instruction Manual


  • Minimum: 5 years
  • Maximum: 15 years
  • *Note: The following tenure shall be based on student’s age up to 15 years
    Copyright 2018 Affin Islamic Bank Berhad (709506-V)

Financing Amount

  • Minimum financing amount : RM5,000
  • Maximum financing amount : RM400,000
  • Note:The financing amount is based on the Coursework Fee offered by the University / College.

▪ During the period where the financing is partially disbursed (by semester), the Customer is only required to pay ujrah servicing which commensurate with the amount disbursed during the period.
▪ Customer is required to pay the full rental amount upon expiry of grace period of the

Coursework Programme Fees : RM100,000.00
Total Financing Amount : RM80,000.00
Margin of finance : 80%
Tenure : 10 years
Ujrah : BR+4.00% p.a. = ERR 8.10% p.a.
Monthly rental : RM974.85

The total amount you have to pay is RM116,982.*
The BR shown in this disclosure sheet is subject to changes.
*Important: Your monthly rental and total payment amount will vary if the BR change.

Please visit the nearest AFFIN ISLAMIC / AFFINBANK branch or call our Contact Centre 03-8230 2222 or visit website at www.affinislamic.com.my / www.affinonline.com for further details

Last Updated July 2019

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