Whether you still default on your PTPTN loan, you can pay off or at least 50% of your loan by April 30 and enjoy a discount of up to 15%.
In order to reward borrowers who pay off their PTPTN loans in one lump sum, as well as borrowers who pay at least 50% of their loans, these groups will receive discounts when paying PTPTN.
Borrowers who make a one-time payment of PTPTN higher education student loans will receive a 15% discount, borrowers who pay at least 50% of their loans will receive a 12% discount, and borrowing that is amortized through monthly salary deductions or automatic debits A 10% discount is available for those who purchase.
Whether you want to pay off the PTPTN in one go, pay at least 50% of the PTPTN, or automatically debit the bill every month, you can do it directly online without going to the PTPTN counter. Offer valid until April 30, 2022.
If you want to know how much discount you can get if you pay off PTPTN in one lump sum or pay at least 50% of your PTPTN student loan. You can visit https://www.ptptn.gov.my/PengesahanBakiPenyelesaianHutang/Utama.
1. Pay off PTPTN student loan in one-time
If you choose to pay off your PTPTN student loan in one lump sum, you will be entitled to a 15% discount. For example, if you still owe RM10,000 in student loan, you will only pay RM8,500. This means you can save RM1,500.
2. Pay at least 50% of your student loan
If you choose to pay at least 50% of your student loan, you can enjoy a 12% discount. For example, you owe RM10,000 in student loan and you choose to pay 55% or RM5,500, which means you can enjoy a discount of RM660. After getting the discount, you have RM3,840 left in your student loan.
3. Monthly salary deduction or automatic deduction
If you choose monthly salary deduction or automatic deduction to pay PTPTN student loan, you will enjoy a 10% discount. For example, if you pay a student loan of RM500 this month, then you can get a RM50 discount at the end of the month.
