PTPTN’s campaign offers prizes to its SSPN depositors

National Higher Education Fund Corporation (PTPTN) is offering prizes totaling RM100,000 for 181 winners in its new campaign.

According to PTPTN, the campaign “Wow Campaign! Syoknya Raya 2024” is its way of showing appreciation to Malaysians for choosing to save with the National Education Savings Scheme (SSPN).

The grand prize is RM10,000 while 180 consolation prizes of RM500 each will be given out.

Open to all Simpan SSPN depositors (Simpan SSPN Prime and Simpan SSPN Plus), the campaign runs until April 30.

To participate, depositors need only to open accounts or add savings during the campaign period.

Every net deposit of RM50 for Simpan SSPN Prime will receive one entry, while every net deposit of RM50 for Simpan SSPN Plus qualifies for two automatic entries.

This advantage is also extended to myPTPTN users who will receive more entries.

Depositors of Simpan SSPN Prime making a net deposit of RM50 through myPTPTN or through salary deduction or direct debit will receive five entries.

Meanwhile, Simpan SSPN Plus depositors making a net deposit of RM50 through myPTPTN or through salary deduction or direct debit will receive 10 entries.

Depositors must ensure that their accounts remain active (not closed), with no arrears until the draw date, and must not make any withdrawals or transfers during the retention period from May 1 to May 31.

PTPTN chairman Datuk Norliza Abdul Rahim said, “SSPN depositors participating in this campaign not only have the opportunity to win substantial prizes but will also enjoy various benefits of Simpan SSPN.

“This savings product is the only one that offers income tax relief on net savings of up to RM8,000 per year, in addition to providing takaful protection for depositors.

“It also offers a matching grant of up to RM10,000 for eligible families, competitive dividends, government-guaranteed savings, and Syariah compliance.”

For details, visit www.ptptn.gov.my