What is Bukas Short Term Loans?

Bukas Flex offers flexible installment plan options of 3, 6, 9, or 12 months. Applicants can choose the best option for them during the application process. Short-term loans are currently offered to select schools. The approved loan agreement's tenor may change based on the assessment of the application by the Bukas Team.

What remains the same across all tenors?

Regardless of the installment length chosen, the following aspects remain consistent:

• Requirements to apply: The eligibility and document requirements for the loan application do not change based on the tenor.
• Option to pre-terminate: Borrowers have the flexibility to close their loan before its maturity date (e.g., closing a 12-month plan on the 5th month). Learn more about pre-termination here.
• Availability upon reapplication: As long as an applicant is eligible to reapply for another student loan, they can choose among these tenors again.

Interest Rates for Short-Term Loans

When applying for a short-term loan, interest rates may vary. For transparency, our team may assess a different length of loan than the one initially selected by the applicant. This is done to put the applicant in the best position to manage their loan.

Bukas Short Term Loans are available for selected partners. Kindly log in to your Bukas account and start an application to see if it is available for your school.

If there are any further questions, please feel free to reach out to our team by filling out this form.