THE National Higher Education Fund Corporation (PTPTN) has launched Cabutan Wow! SSPN-i Plus 2020, a monthly and annual lucky draw to encourage more parents to save under the SSPN-i Plus scheme.
Teacher Siti Sara Arshad, who saves with the National Education Savings Scheme (SSPN), was the lucky winner of the main prize –- a Proton X70 Premium sports utility vehicle (SUV) in a draw last year.
“I have five more years to serve as a teacher, and will be using the car to travel to my workplace,” said Siti Sara, who shared her joy in a video at the launch of the lucky draw at Menara PTPTN in Jalan Yap Kwan Seng, Kuala Lumpur.
During the launch, PTPTN chairman Wan Saiful Wan Jan said, “The Covid-19 pandemic should not be an excuse for not saving.”
In fact, he said there had been an increase in SSPN savings, thanks to the commitment of PTPTN officers in reaching out to more Malaysians at its branches nationwide.
He cited for instance, SSPN-i Plus was an educational savings scheme that offered six packages, thereby catering to the different financial capabilities of parents.
“Since SSPN’s launch in 2004 until May this year, total deposits had reached RM6.4bil with the opening of 4.5 million accounts.
“SSPN deposits for the period between January and May this year totalled RM564.20mil compared to RM380.18mil for the same period last year. This is an increase of RM184.02mil or 48.4%,” he pointed out.
Wan Saiful said PTPTN would be offering the “Jom Simpan SSPN-i” promotion until Oct 31 to encourage savings, with the main prize worth RM100,000.
Additionally, he said the “Jom Buka Akaun SSPN” promotion until Dec 31 would offer 150 units of Huawei Mediapad as prizes.
On top of that, he said there were RM1mil worth of prizes up for grabs in its Cabutan Wow! promotion for SSPN-i Plus, which was introduced in 2015.
There is a monthly draw (from July 1 to Dec 31) and an annual draw (from Jan 1 to Dec 31) for Cabutan Wow! SSPN-i Plus 2020.
A total of 1,123 depositors will get the chance to win various prizes from Cabutan Wow! SSPN-i Plus this year.
The main prize for the annual draw is a Mercedes Benz C200 FL AMG Line, while the monthly draw offers cash prizes to 20 winners.
“The opening and adding to SSPN-i Plus accounts can be done cashless in an easier, fast and safe way through www.lovesspn.com,” said Wan Saiful.
He said the public could also contact their marketing executives or visit their offices.He disclosed that they were targeting RM1.5bil in deposits for SSPN savings this year as well as the opening of 400,000 new accounts.
“I urge parents to open SSPN accounts for their children, including newborns, as the savings will be available to them when they reach the age to study at institutions of higher education,” he added.