Official guides / Student support & services

Banking services (Monash Malaysia)

Official source

Monash University Malaysia

Last checked: 25 Oct 2026 UTC

What this page covers

Maybank@Monash
Personal Saver Account (PSVR)
Personal Accident Plan
Car Insurance with Road Tax
Credit Card
Financial Literacy Event
ATM Machine
Leisure

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Maybank@Monash

The Maybank@Monash lounge was launched in Monash University Malaysia to engage and help students with their banking issues.

Personal Saver Account (PSVR)

This account can be ready within 10 minutes. All you need is your MyKad and RM10 to open a new Maybank account. You can also link your personal account to Maybank2U.com (internet banking) for an easier, faster and safer transaction.

International students may also have a PSVR account. Just visit the lounge to obtain assistance from the staff present.

Personal Accident Plan

Maybank offers Personal Accident coverage at very affordable rates. On top of that, you can get an immediate and 24 hours worldwide coverage.

Car Insurance with Road Tax

You can now renew your car insurance and road tax at the kiosk without additional service charge.

Credit Card

You can apply for a Maybank credit card at the kiosk.

Financial Literacy Event

Maybank conducts financial literacy events with all universities in Malaysia. You can meet their staff representative at the lounge to find out more.

ATM Machine

Two ATM machines are located inside the lounge. You may withdraw or transfer money using the machines.

Leisure

The lounge can be utilised as a small group discussion area, meeting point with friends as well as a cosy study area.

Related questions

What is GPA at Monash?

All campuses

GPA is calculated on a 4.0 scale from your grades rather than your marks: High Distinction 4.0, Distinction 3.0, Credit 2.0, Pass 1.0, Near pass 0.7, Fail and Hurdle fail 0.3, Withdrawn fail 0.0. Some results, such as SFR and NE, are not counted. Your GPA is shown in WES and on your transcript. Malaysia also uses a Cumulative Grade Point Average (CGPA) with different values: High Distinction 4.0, Distinction 3.67, Credit 2.85, Pass 2.15, Near pass 1.7, Fail and Hurdle fail 1.15, Withdrawn fail 0.0. It is not on your academic record, so you request a CGPA letter.

How do I withdraw from a unit?

Australia: withdraw through WES while enrolment changes are open. Before the census date there is no fee and no record; after it, you keep the fee liability and the unit shows as a withdrawal. If you are on a student visa you have study load requirements to maintain: Monash's study load page says you can reduce your load only in compassionate or compelling circumstances, unless you are in your final year and will finish within the time on your CoE. Malaysia: after the census date a withdrawn unit shows as WD-LATE or WD-FAIL, and the date you withdraw can affect fee refunds and your academic record. The last day to withdraw without academic penalty is before the WD-LATE date ends; the dates are in Monash Malaysia's Principal Dates. With a Student Pass, going below 24 credit points a semester is an underload: it needs approval, it can never go below 18 credit points, and below 18 you have to apply for intermission.

How many hours can I work on a student visa?

The rules are each country's, not Monash's, and they are different. Australia: work rights for student visa holders are set by the Australian Government, and the cap has changed several times in recent years. Monash's page links to the current Department of Home Affairs conditions - always confirm the number there before relying on it. Malaysia: with a Student Pass you may work only during semester breaks or public holidays of more than seven days, and for no more than 20 hours a week, at restaurants, petrol kiosks, mini markets or hotels; the page lists jobs that are not allowed. Every job has to be approved by the Immigration Department: you apply through the International Student Pass office and must be there in person when the application is submitted.

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