fbpx
Connect with us
TOPICS

News

BUDGET 2023: Discount on PTPTN Repayments From 1 Nov 2022 till 30 April 2023

Published

Collage 21
Source: Facebook | BERNAMA TV & Kosmo

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

PTPTN loan repayment is one of the commitments that some working class has to worry about every month. In today’s Budget 2023 presentation, the Ministry of Finance announced some good news about the student loan.

Screenshot 2022 10 07 173026

The government is offering a discount on repayment of the National Higher Education Fund Corporation (PTPTN) from 1 November this year until 30 April 2023.

This initiative aims to facilitate repayment and foster responsibility among PTPTN borrowers.

Ptptn

Here’s how the discount rates work.

  • A 20% discount on the remaining debt for full settlement of the loan.
  • A 15% discount for payment of at least 50% of the remaining debt in one payment.
  • A 15% discount for salary deductions or scheduled direct debits.

If you are one of the PTPTN borrowers, do take note of the payment methods and the discount rates. Stay tuned for more updates! 

 

Also read: BUDGET 2023: Here’s What You Need To Know About Bantuan Keluarga Malaysia (BKM)

My Post 1 2022 10 07T163606.297

Source: Kosmo


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Ft Flag Ft Flag
News54 mins ago

Kuching MP Slams Sarawak Govt For Plan to Build Tallest Flagpole in M’sia Which Costs RM30 MILLION

Recently, a report stated that the Sarawak government is planning to erect the country’s highest flagpole to fly the Sarawak...

Ministry Organises Skill Programme Ministry Organises Skill Programme
News15 hours ago

Ministry of Youth Launches Programme To Empower B40 & M40 Youths With Additional Skills

Many a time, we’re always told that education is the answer to someone’s future. However, in this society, there are...

Feat Image Anwar Ibrahim Quran Distribution Feat Image Anwar Ibrahim Quran Distribution
News22 hours ago

PM: M’sia To Distribute 1 Million Copies Of The Quran Worldwide In Response To Burning Of The Holy Book In Sweden

Prime Minister Datuk Seri Anwar Ibrahim has announced that our country will immediately issue one million copies of the Quran...

Do Not Report Police On Waze 1 Do Not Report Police On Waze 1
News23 hours ago

KL Police Chief: “Please do not report police presence & roadblocks on Waze”

Waze is a great GPS application and many of us use it daily. Sometimes, we may come across a certain...

Ft Gerakan Ft Gerakan
News2 days ago

Gerakan Invites Former UMNO Politicians Hishammuddin & KJ to Join Them Following UMNO Sacking

Former Health Minister Khairy Jamaluddin was among several prominent UMNO leaders that were sacked by the party for alleged disciplinary...

Collage 16 3 Collage 16 3
News2 days ago

76y/o M’sian in Kepong Asks His Friend to Return His RM250, Gets Beaten to Death With Plastic Chair

If your responsibility to return the money that you’ve borrowed from others, but an unfortunate man in Kepong, KL met...

Ft Biden Ft Biden
News2 days ago

US President Biden Congratulates Anwar Over Malaysia’s Inspiring Democracy in GE15

Following his appointment as the 10th Prime Minister, Datuk Seri Anwar Ibrahim was soon after flooded with congratulatory messages from...

Collage Son N Dad 1 Collage Son N Dad 1
News3 days ago

13yo Chess Protégé from Klang Defeats Chess Grandmaster at Johor International Chess Open

Remember Genkeswaran Muniyan, who was featured in an award winning inspiration film about his life story on how he was...

Announcement

Latest Videos



TRENDING TODAY