As we enter mid-March, the National Higher Education Funding Bureau (PTTPN) calls on loanees to take advantage of the repayment discounts until the 31st of this month. That means you can enjoy a special discount when paying off your loan.
In addition, PTPTN pointed out in a statement issued today that from October 14 to January 31, 2023. Plus, more than 394,000 lenders have paid a total of RM442.09 million in loans. As a result, PTPTN has provided up to RM5,778 thousands of discounts.
Moreover, the government announced in the 2024 Budget that it will grant repayment discounts to PTPTN lenders. The following are the discounts offered for PTPTN loan repayments from October 14, 2023, to March 31, 2024:
- Lenders who pay off their loan in one lump sum can enjoy a 10% discount.
- Lenders who repay at least 50% of the loan will receive a 10% discount.
- Lenders who repay through payroll deduction or direct debit can enjoy a 15% discount.
If you still have a PTPTN loan to pay off, this could be the best time to do it. After all, opportunities like this don’t come often. Hopefully, everything goes smoothly for the loanees.
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