KUALA LUMPUR: There has been a huge jump in the number of transactions and amount of money that Employees’ Provident Fund (EPF) members withdrew to pay off their National Higher Education Fund Corporation (PTPTN) loans.
According to the EPF’s 2016 Annual Report, withdrawals for “Education” was at RM1.4bil in 86,725 transactions last year, up 152.42% from RM578.18mil in 65,787 transactions previously.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!