fbpx
Connect with us

News

PTPTN Borrowers Can Only Enjoy Discounts for Loan Repayment Until 31 Dec 2018

Published

Discounts For Ptptn Loan Payback End December 31St - World Of Buzz
Source: The Star & Malay Mail

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

Take note of this, PTPTN borrowers! If you still want to enjoy discounted rates for your PTPTN repayment, you better do so by the end of this year! 

That’s because there will no longer be discounts for borrowers of the National Higher Education Fund Corporation (PTPTN) who fully settle their loans or pay via salary deductions as it will be discontinued. As of now, the discounts are still valid until 31 December 2018, The Star reported.

This reform agenda was part of PTPTN’s request to the Pakatan Harapan government.

Discounts For Ptptn Payments End December 31St - World Of Buzz

Source: malay mail

According to PTPTN Chairman Wan Saiful Wan Jan, the reform was part of PTPTN’s agenda to solve its extremely high debt burden.

Wan Saiful said “I will give detailed explanations in meetings with stakeholders nationwide in the near future.”

In response, many netizens were in support of the move by PTPTN.

One netizen said, “you borrow, you pay.”

“It doesn’t matter even if it is RM10. The money you pay now will help someone in need. Borrowing and paying back is a good habit,” another Facebook user commented. 

Ptptn Borrowers Can No Longer Enjoy Discounts For Loan Repayment Starting Jan 2019 - World Of Buzz

Source: the star

In the previous Barisan Nasional budget, the government extended discounts of 20% for full settlements on outstanding debts; 10% for 50% repayment in a single payment of outstanding debt; and 10% for repayment via salary reductions or scheduled direct debt.

Meanwhile, some students are hoping that the discounts will be reintroduced in Budget 2020.

Looks like we only have about two more months to enjoy the PTPTN discounts! What do you think of the discontinuation of the discounts? Let us know in the comments! 

 

Also read: Budget 2019: Cars Below 1,500cc & Motorcycles Under 125cc to Get Petrol Subsidies

Budget 2019: Petrol Subsidies Given Out For Cars Below 1,500Cc And Motorcycles Below 125Cc - World Of Buzz 2


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



Just In

My Post 2021 09 23T113138.341 My Post 2021 09 23T113138.341
News24 mins ago

PM: Negeri Sembilan, Pahang & Johor Will Transition Into Their Next Phase On 24 Sept

The authorities have agreed to move three states into the next phase of the National Recovery Plan (PPN). These states...

Bentley Bentley
News1 hour ago

Man In Melaka Burns His Bentley To Collect Insurance Money To Pay ‘Ah Long’ Debts

Two men in Melaka were arrested for burning a total of three cars in attempts to collect insurance money to...

Ismail Sabri Interstate Allowed When 90Pc Vaccinated 1 Ismail Sabri Interstate Allowed When 90Pc Vaccinated 1
News2 hours ago

PM: Interstate Travel Allowed When 90% Of Adult Population Is Fully Vaccinated

It has been more than eight months ever since interstate travel was prohibited and state borders were closed. Many people...

Restaurant 2 Ft Restaurant 2 Ft
News17 hours ago

JUST IN: Restaurants, Convenience Stores & Petrol Stations Allowed To Open Till 12am Starting 23 Sept

In a press statement released today, 22 September, Prime minister Ismail Sabri Yaakob announced that restaurants grocery stores, mini markets,...

Ft Tengku 1 Ft Tengku 1
News18 hours ago

Man Loses Over RM500k After Being Scammed By ‘Tengku’ Royalty

Ever since the start of the Covid-19 pandemic, more people have been taken advantage of through “love scams” in which...

Ft Petrol Ft Petrol
News1 day ago

Petrol Stations, Convenience Stores And F&B Allowed To Operate Till Midnight

With the recent announcement that more tourist destinations such as Perhentian Island, Genting Highlands and more will be reopening soon,...

80 80
News1 day ago

80% Of The Adult Population In M’sia Has Been Fully Vaccinated One Week Before Target!

The government previously set a target to achieve herd immunity by October 2021, with 80% of the adult population being...

Nano Nano
News2 days ago

KKM: Nano Mist Spray Should Be Used To Disinfect Surfaces Only, NOT Humans

You might have noticed several posts on social media where people have been recommending nano mist sprays for the purpose...

Announcement

Latest Videos



TRENDING TODAY