BSN EDUSAVE-iSmall savings that unlock big opportunitiesBenefits
Apply Now- Enjoy a higher profit rate compared to normal savings
- Transactional convenience with optional Debit Card (for ages 13 and above)
- Bonus of up to 10% on top of the profit earned
- Savings as low as RM50
BSN EDUSAVE-iSmall savings that unlock big opportunitiesBenefits
Apply Now- Enjoy a higher profit rate compared to normal savings
- Transactional convenience with optional Debit Card (for ages 13 and above)
- Bonus of up to 10% on top of the profit earned
- Savings as low as RM50
Education as your greatest gift.
Education lays the stepping stones to opportunity and discovery, unlocking a world of possibilities for a brighter tomorrow.
Starting to save early is more than growing a fund; with BSN EduSave-i, you are nurturing your child’s hopes and ambitions.
From tuition fees to daily needs, every ringgit you set aside helps build the path to your child’s shining future.
THE COST OF HIGHER EDUCATION – WHAT TO EXPECT
As your child approaches the end of their schooling years, a new chapter awaits — the exciting transition into higher education. It’s an important milestone filled with opportunities, growth, and new experiences. But before taking that step, one key question arises: Are you financially prepared?
Let’s look at some of the costs that can be expected to embark on this journey:
Public Education Fees: Undergraduate programmes at public education institutions (IPTAs) can range between RM2,000 – RM10,000 or more annually, depending on courses.
Private Education Fees: Planning for premium pathways in private education (IPTS) and international educational institutions are an exciting option to explore for your child, but it requires substantial planning.
Programmes such as AUSMAT or A-Levels often cost upwards of RM30,000 all in, making early savings essential.
Accommodation: Certain institutions such as IPTAs may offer hostel rentals starting at RM660 for a duration of two semesters.
However, rental and accommodation costs are expected to be higher if you choose a private or international educational institution.
Living Expenses: When your child flies the nest, they face the reality of daily living costs—from food and clothing to transport. This can be a financial shock if they're unprepared.
Basic monthly expenditure for a decent living ranges from RM927 in rural areas up to RM1,423 in urban centres.
Source: DOSM Cost of Living Indicators, 2023
WATCH HOW SMALL SAVINGS ADD UP BIG! (SIKIT-SIKIT LAMA-LAMA JADI BUKIT!)
For children up to age 12, BSN EduSave-i offers a tenure of up to 5 years, rewarding your diligence with an annual 10% bonus on profit. Let's discover the impressive growth potential of your savings with just RM50 a month:
| Year | End-of-Year Balance (RM) If you saved RM50 per month | End-of-Year Balance (RM) If you saved RM200 per month |
| 1 | 605.36 | 2,421.54 |
| 2 | 1,220.71 | 4,883.03 |
| 3 | 1,846.22 | 7,385.13 |
| 4 | 2,482.04 | 9,928.88 |
| 5 | 3,128.36 | 12,514.24 |
While RM50 is just the minimum savings, you may save as much as you like every month, and as many times as you’d like. Received a nice bonus? Moving up in your career? Set aside some extra funds to boost your child’s savings. With BSN EduSave-i, the sky’s the limit, the more you save earlier on, the more you can potentially earn, as the profit on savings is accrued based on the daily balance in the BSN EduSave-i account.
Let’s see how EduSave-i, with 1.50% profit per annum and 10% bonus on profit every year, fares against a typical savings account which pays a rate of 0.25% p.a.:
| Generic Savings Account | BSN EduSave-i | ||
| Year | End-of-Year Balance (RM) If you saved RM50 per month | End-of-Year Balance (RM) If you saved RM50 per month | End-of-Year Balance (RM) If you saved RM200 per month |
| 1 | 600.79 (+0.79) | 605.36 (+5.36) | 2,421.54 (+21.54) |
| 2 | 1,202.36 (+1.57) | 1,220.71 (+15.35) | 4,883.03 (+61.49) |
| 3 | 1,804.71 (+2.35) | 1,846.22 (+25.51) | 7,385.13 (+102.10) |
| 4 | 2,407.84 (+3.13) | 2,482.04 (+35.82) | 9,928.88 (+143.75) |
| 5 | 3,011.75 (+3.91) | 3,128.36 (+46.32) | 12,514.24 (+185.36) |
Disclaimer: Profit is calculated based on the prevailing rates as of November 2025. This calculator is intended as a guide, and all information contained herein is for estimation and illustration purposes only. BSN does not accept any responsibility or liability for any losses that may arise from a decision that you make based on the use of the calculator.
SECURE THEIR FUTURE TODAY!
Get a head start on your child’s higher education. By diligently saving in your child’s BSN EduSave-i, there are many ways it benefits both them and you, as parents or guardians:
Savings Made Affordable
Start with RM50 a month and save as much as you want!
Long Term Growth
With attractive profit rates and a bonus on profit, your child’s savings can grow and preserve their value over time.
Convenience Redefined
Ages 13 and above are eligible for myBSN Internet Banking and myBSN Mobile App, for ease of monitoring and account management.
Ease of Access to Your Money
Withdraw funds whenever needed.
Financial Security
Pay it forward. Ensure your child’s tertiary education begins without financial hindrance.
Impart Financial Discipline
Teach your child the importance of saving for a more comfortable future.
Don’t wait – education waits for no one. Start your child’s savings journey with BSN EduSave-i and watch your love and care turn into their success!
BSN EduSave-i is based on the Shariah concept of Tawarruq (Commodity Murabahah)
| Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis. |
FEATURES & REQUIREMENTS
- Individual account only.
- Shariah compliant.
- Children aged from seven (7) years to eighteen (18) years old (last entry at seventeen (17) years old).
- Open to Malaysian Citizens and Permanent Residents.
SAVINGS REQUIREMENTS
| Minimum initial savings | RM50 |
| Minimum monthly savings | RM50* |
| Maximum monthly savings | No limit |
| Minimum savings to maintain | RM10 |
FEATURES
| Profit Rate | Attractive Profit Rate** |
| Bonus on Profit |
|
| Tenure Selection | One (1), Three (3), or Five (5) Years |
| Withdrawal |
|
| Debit Card (optional) | Available for ages thirteen (13) to eighteen (18) years old**** |
NOTES:
*Minimum deposit is RM50 per placement and any placement below RM50 is not allowed.
**The profit rate will be converted to the equivalent profit rate of BSN GIRO-i in the event the customer fails to deposit the monthly savings for more than three (3) times within twelve (12) months;
*** For Debit Card cardholder only.
**** Fees and charges for Debit Card shall apply.
IDENTIFICATION DOCUMENT REQUIRED
Children: Birth certificate/MyKid
Parents/Legal Guardian: MyKad
NOTES:
- Customers are advised to read and understand the Terms and Conditions (T&C) for Islamic Account which pertains to BSN EduSave-i.
- View all banking rates.
- View all fees & charges.
- View Product Disclosure Sheet.
- View Frequently Asked Questions (FAQ).
- Terms and Conditions apply.
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